preshipment procedure-india exports

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TYBCOM C EXPORT MARKETING

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TYBCOM C

EXPORT MARKETING

MEMBERS

2604 ASHWIN2609 JOELLA2611 RICHARD2615 LIRON2620 JOYICE2623 DELNA2628 RACHAEL2634 CALVIN

PRE-SHIPMENT PROCEDURE

• Preliminary activities

• Order – receipt and conformation

• Letter of credit

• Obtaining packing credit

• Production or procurement of goods

• Packing and marking of goods

(contd)

• Pre-shipment inspection

• Central excise clearance

• ECGC cover

• Marine insurance policy cover

• Appointment of custom house agent

• Instructions to CHA

CENTRAL EXCISE CLEARANCE

• Export goods are exempted from central excise duty. However necessary clearance has to be obtained in two ways:

• Export under bond .• Export under rebate. (without examination)

PROCEDURE OF EXCISE CLEARANCE:• Preparing of invoice

• Filling ARE-1 Form

• Application to assistant commissioner of central excise

• Information to range superintendent of central excise

ARE-1 COPIES

copy colour

original white

duplicate buff

triplicate pink

quadruplicate green

quintuplicate blue

(contd)

• Deputation of inspector• Processing of ARE-1 form• Refund or release of bond

CUSTOM CLEARANCE/SHIPMENT PROCEDURE:• Submission of document

• Verification of document

• Carting order

• Storing of goods in the sheds

• Examination of goods

PROCEDURE(contd)

• ‘Let ship order’• Loading of goods

• Payment of port trust dues• Obtaining bill of lading

• Payment to CHA

REALISATION OF EXPORT PROCEEDS:

• Submission of documents to bank

• Verification of documents

• Certification of documents

• Dispatch of documents

• Letter of indemnity

(contd)

• Discounting of bills

• Payment by importer• Processing of GR form

• Follow up