You are on page 1of 13

A PRESENTATION ON

EXPORT CUSTOM PROCEDURE


Thursday, July 12, 2012 S I O M 1

Presented by: * Rinto Rajan (44) * Prakash Khaladkar (43) * Nihal Mansoori (47) * Pragya Mishra (26)

Thursday, July 12, 2012

S I O M

CONTENTS

Introduction Registration stage Pre-shipment stage Shipment stage Post shipment stage Shipping and custom formalities Procedure for realization of export proceeds Conclusion
S I O M 3

Thursday, July 12, 2012

Introduction
Export procedure consist of several commercial and regulatory formalities which an exporter is required to complete during the course of export trade transaction. These formalities are very complex and time consuming and involve considerable documentation. Hence, the exporter must possess adequate knowledge of such formalities. At the same time, it should be ensured that the rule and regulations of not only exporting country but also the importing country are duly complied with. Last but not the least, it should be ensured that all the required documents, whether commercial or regulatory, are prepared filed with the appropriate authorities. An export procedure can be studied under the following heads. a) registration stage b) pre-shipment stage c) shipment stage d) post-shipment stage

Thursday, July 12, 2012

S I O M

REGISTARTION STAGE

Registration of the organization Opening bank account Obtaining Importer-Exporter Code Number Obtaining Permanent Account Number Obtaining Sales Tax Number Registration with Export Promotion Council Registration with ECGC. Registration with other authorities
S I O M 5

Thursday, July 12, 2012

Pre-shipment stage

Approaching foreign buyers Inquiry and offer Confirmation of order Opening letter of credit Arrangement of pre shipment finance Production procurement of goods

Thursday, July 12, 2012

S I O M

Continue

Packing and marking Pre shipment inspection Central excise clearance Obtaining insurance cover Appointment of C & F Agent

Thursday, July 12, 2012

S I O M

Shipment stage

Reservation of shipping space Arrangement of internal transportation upto the port of shipment Preparation and processing of shipping documents Custom clearance

Thursday, July 12, 2012

S I O M

Continue

Obtaining carting order from the port trust authorities Customs examination and issue of Let Export Order Obtaining Let Ship Order from the custom preventive officer. Obtaining Mates Receipt and Bill of Lading.
S I O M 9

Thursday, July 12, 2012

Post shipment stage

Submission of documents by the C&F Agent to the exporter. Shipment advice to importer. Presentation of documents to bank for negotiation Dispatch of documents Acceptance of bill of exchange
S I O M 10

Thursday, July 12, 2012

Continue

Letter of indemnity Realization of export proceeds Processing of GR forms Realization of export incentives
S I O M 11

Thursday, July 12, 2012

Conclusion
After we have gone through the procedure, it can be clearly made out that its a complex and long procedure. So it can be concluded that for an exporter it is very important to do his homework before he gets into exporting of goods

Thursday, July 12, 2012

S I O M

12

Thank u .

Thursday, July 12, 2012

S I O M

13