E-startupIndia has Made it Easy to obtain CHIMS Registration. Get Chims registration with the assistance of our experts, as Government has marked mandatory for chip imports monitoring system.
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The CHIMS (Chip Import Monitoring System) Registration is a new import policy that requires importers to register with DGFT. The Registration is mandatory for importers of several products and can be obtained online.
Under CHIMS Registration, Policies that meet the 'free' requirements are converted to 'free subject to obligatory registration' under this registration. Furthermore, the Import Policy criteria for ITC (HS) 85423100, 85423900, 85423200, 85429000, and 85423300 have been amended.
So, Importing numerous electrical integrated circuits under CHIMS has become necessary since May,2021. A notification was sent to announce this significant change in import rules.
As a result, Chip Import Monitoring System Registration necessitates importers submitting information to an online system ahead of time for a variety of products. The automated system creates a unique registration number (CHIMS Registration) when you submit the necessary information.
Using this registration number, you can run your import business smoothly and avoid any custom clearance issues.
CHIMS Registration is Mandatory for several reasons as per by the government rules and regulations.
Every individual or a business entity importing goods related to or under the following HSN is required to obtain CHIMS Registration in India.
#1. 85423100 (Electronic integrated circuits: –Processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits)
#2. 85423200 (Electronic integrated circuits: –Memories)
#3. 85423300 (Electronic integrated circuits: –Amplifiers)
#4. 85423900 (Electronic integrated circuits: — Other)
#5. 85429000 (Parts)
If you import any of the above mentioned goods, you are now eligible to get CHIMS Registration in India after obtaining the Import Export Code.
CHIMS Registration offers you several benefits. The most important ones that you know are mentioned below.
#1. CHIMS Registration in India allows you to get custom clearance smoothly and quickly.
#2. It assists in avoiding penalties.
#3. Obtaining CHIMS Registration in India results in prevention from punitive action. Thus, you save the reputation and credibility of your business.
#4. The CHIMS Registration Process is completely online and you don’t need to visit any office.
#5. The Government Fees of CHIMS Registration in India is affordable.
#6. You don’t need to submit documents manually to any official. Furthermore, the payment mode is completely online so you can also get the registration on the same day the imports also.
#7. If you already have IEC Code, you can get CHIMS Registration in only a few steps through our business advisors.
The following is the list of products under the CHIMS Registration.
#1. 85423100 (Electronic integrated circuits: –Processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits)
#2. 85423200 (Electronic integrated circuits: –Memories)
#3. 85423300 (Electronic integrated circuits: –Amplifiers)
#4. 85423900 (Electronic integrated circuits: — Other)
#5. 85429000 (Parts)
To acquire Chip Import Monitoring Registration in India, you must submit the following documents.
#2. Email and Mobile Number those mentioned in the IEC Code Database.
#3. Bank Account Details, Address Proof, and some other mandatory documents.
You may reach out to our business advisers at 8881-069-069 to learn more about the Complete Document Requirement for CHIMS Registration in India.
Document Preparation and Submission on our website.
Verification of Documents and Filing an application to DGFT
After successful verification from DGFT, the delivery of your CHIMS Registration number via email.
At E-startupindia, we have a top-notch experienced team that provides a hassle-free and error-free Online CHIMS Registration Service. Our professionals have successfully completed over 50000 + IEC Code, AD Code Registration, Spice Board Registration and other import-export services. Since 2014, our dedicated team of experts is keeping up with the DGFT's new registration requirements every day. As a result, we provide you with the finest DGFT-compliant Chip Import Monitoring (CHIMS) Registration.
Our diversified teams of professionals include Chartered Accountants, Lawyers, and Company Secretaries. We believe in honesty, integrity and teamwork. So, you only have to contact our business advisors once and submit documents on our online portal and we will take care of the complete application process. Don’t wait or hesitate to contact us and get your CHIMS Registration with entire legal formalities. We are always here to assist you in converting your dreams to reality.
A registration charge of Rs 1 per 1,000 on the total CIF (Cost, Insurance, and Freight) amount of imports need to be paid online exclusively on the Government's digital platform as a governmental fee for each CHIMS registration number, with a minimum of Rs 100 and a maximum of Rs 500.
1. First of all, get the free call consultation for document requirements and then provide the necessary company information and documents to our website.
2. Choose a plan and pay online using one of the many available payment methods.
3. Your application will be allocated to one of our devoted specialists following you place an order.
4. Our expert will prepare the necessary forms and submit the CHIMS registration application form.
5. You will receive regular updates since our experts will follow it up with the DGFT on a regular basis.
6. We will send you your CHIMS Registration number via email after receiving the approval from the government.
It is best to register long ahead of time to avoid delays in the firm's commercial activities. Furthermore, the importer must apply for registration at least 60 days before the import consignment's expected arrival date.
The Government has made CHIMS Registration in India mandatory. Therefore, you can not import or get custom clearance for electronic circuits without Chip Import Monitoring System Registration(CHIMS).
No, you do not need to be physically present for the CHIMS Registration. E-StartupIndia is a one-stop online platform for all your business needs. All you need is an internet connection on your phone or computer, as well as the relevant documents, and we can get the job done regardless of where you are in India.
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