Professional Documents
Culture Documents
AND
DOCUMENTATION
*Contents:
*Meaning of Export
*Why Export?
*Export Procedure & Documents
Required
To send goods or services across national frontiers
for the purpose of selling and realizing foreign
exchange.
The RCMC certificate is valid from 1st April of the licensing year in
which it was issued and shall be valid for five years ending 31st
March of the licensing year, unless otherwise specified.
Registration
3. Registration with Income Tax Authorities:
Goods exported out of the country are eligible for exemption from
both Value Added Tax and Central Sales Tax. So, to get the benefit of
tax exemption it is important for an exporter to get registered with
the Tax Authorities.
Canalisation:
Canalisation is an important feature of Export License under which
certain goods can be imported only by designated agencies. For an
example, an item like gold, in bulk, can be imported only by specified
banks like SBI and some foreign banks or designated agencies.
EXPORT LICENSE:
Application for an Export License:
Export license are issued only for the goods mentioned in the Schedule
2 of ITC (HS) Classifications of Export and Import items. A proper
application can be submitted to the Director General of Foreign Trade
(DGFT).
Export
Documents
Post –
Pre-shipment Shipment
Documents Documents
Pre-shipment Documents
Pre-shipment documents are those that an exporter has to generate,
authenticate and submit to the concerned authorities and departments to
get the necessary clearances, prior to the actual shipment of the cargo, so
that the cargo can be shipped out with valid documents. The pre-
shipment documents are generally prepared when the product is ready
for export and prior to shipment. The standard pre-shipment documents
include:
Customs Invoice
Packing List
G R Form (original and duplicate)
ARE-1 Form (original and duplicate)
Copy Of Export order
Letter Of Credit
Shipping Bill (entire set)
Export Licence(for notified items)
Certificate Of Origin
Certificate Of Inspection
Any Other Documents (as required in L/C or by Customs)
Post-shipment Documents
The post-shipment documents comprise the certified copies of some of
the main pre-shipment documents and certain additional documents to be
generated and compiled by the exporter so that the proof of shipments
can be properly presented to the negotiating bank for collecting the
payments through L/C or for presentation to the foreign buyer for
collection of payment through the nominated bank.
The standard pre-shipment documents include:
Custom attested invoice
Custom attested packing list
Copy of Export Order / Copy Of LC
Commercial Invoice
Consular Invoice (If Specified)
Bill of Lading / Air Way Bill
Certificate of Origin
Certificate of Inspection (If Specified)
Bill of Exchange (Draft)
G R Form (Duplicate)
Any other document specified in Export Order / LC
Shipping Bill to be submitted by Exporter
Shipping Bill and Bill of Export Regulations prescribe form of shipping
bills. It should be submitted in quadruplicate. If drawback claim is to be
made, one additional copy should be submitted. There are five forms :
Shipping Bill to be submitted by Exporter
The shipping bill form requires details like:
• Name of Exporter
• Name of Consignee
• Invoice Number
• Details of packing
• Description of goods
• Quantity
• FOB Value etc.
Appropriate form of shipping bill should be used.
The Customs Officer certifies that the goods under this form have
indeed been exported.
GRF SDF
Guaranteed Statutory
Receipt Form Declaration Form
• Exporter’s copy of Shipping Bill, SDF, ARE-1 etc. duly signed are
handed over to exporter or CHA.