chapter 8.export procedure
DESCRIPTION
tybcom exportTRANSCRIPT
EXPORT PROCEDURE
STAGES IN EXPORT PROCEDUREI. Preliminary stage Organizing Registering with various authorities Appointing agents Approaching foreign buyersII. Pre shipment stage Confirmation of order Obtaining letter of credit Obtaining pre shipment finance Production & procurement of goods Packing & marking Pre shipment inspection Central excise clearance ECGC cover Marine insurance policy Appointment of clearing & forwarding
agent Instruction to C & F Agent
III. Shipment stage Processing of shipping
documents in the custom house Physical examination of goods
at the port Loading of goods
IV. Post – shipment stage Dispatch of documents by C & F
agent to the exporter Shipment advice to the importer Presentation of documents to
the banks Realization of Export proceeds Realization of Export incentives Follow – up of Export Sales
EXCISE CLEARANCE PROCEDURE• Preparing of invoice• Filling up of ARE – 1 form• Application to assistant commissioner of central Excise• Information to range superintendent of central Excise• Deputation of Inspector• Processing of ARE-1 form• Refund or release of Bond
CUSTOM HOUSE AGENT• Obtaining shipping order• Arrangement of Internal Transport • Preparation of shipping Bill• Submission of documents to customs• Obtaining carting order• Storing of goods• Obtaining LET Export order• Obtaining LET ship order• Loading of goods• Payment of fort trust dues• Obtaining bill of lading
SHIPPING & CUSTOM FORMALITIES
• Submission of Documents• Verification of Documents• Carting order• Storing the goods in the sheds• Examination of goods• LET ship order• Loading of goods• Obtaining bill of lading
MARINE INSURANCE POLICY• Selection of Insurance firm• Type of policy• Proposal form• Verification of proposal form• Payment of premium• Insurance policy• Filing of claim• Claim amount
REALIZATION OF EXPORT PROCEEDS
• Approaching a Bank• Submission of documents to the bank• Verification of documents• Letter if indemnity• Discounting of bills• Dispatch of documents• Methods of realization• Processing of GR form
ISO CERTIFICATION
IMPORTANCE• Improvement in Efficiency• Lower Rejects• Better relations• Team work• Optimum use of resources• Motivation of personnel• Customer satisfaction• Corporate Image• Effectively facing of
competition• Increase in Sales
PROCEDURE• Evaluation of existing quality
procedures• Initiating corrective action• Preparation of quality
assurance programme• Preparation of quality manual• Selection of certification
agency• Pre – assessment meeting• Preliminary visit• Actual assessment visit• Certification• surveillance