Export Custom Procedure
A PRESENTATION ON
EXPORT CUSTOM PROCEDURE
Tuesday, November 10, 2009 S I O M 1
Presented by: * Rinto Rajan (44) * Prakash Khaladkar (43) * Nihal Mansoori (47) * Pragya Mishra (26)
Tuesday, November 10, 2009
S I O M
2
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
Tuesday, November 10, 2009
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
Tuesday, November 10, 2009
S I O M
4
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
Tuesday, November 10, 2009
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
Tuesday, November 10, 2009
S I O M
6
Continue…………
Packing and marking Pre shipment
EXPORT CUSTOM PROCEDURE
Tuesday, November 10, 2009 S I O M 1
Presented by: * Rinto Rajan (44) * Prakash Khaladkar (43) * Nihal Mansoori (47) * Pragya Mishra (26)
Tuesday, November 10, 2009
S I O M
2
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
Tuesday, November 10, 2009
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
Tuesday, November 10, 2009
S I O M
4
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
Tuesday, November 10, 2009
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
Tuesday, November 10, 2009
S I O M
6
Continue…………
Packing and marking Pre shipment