chapter 8.export procedure

8
EXPORT PROCEDURE

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Page 1: Chapter 8.export procedure

EXPORT PROCEDURE

Page 2: Chapter 8.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

Page 3: Chapter 8.export procedure

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

Page 4: Chapter 8.export procedure

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

Page 5: Chapter 8.export procedure

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

Page 6: Chapter 8.export procedure

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

Page 7: Chapter 8.export procedure

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

Page 8: Chapter 8.export procedure

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