process and procedure of export

1. EXPORT
procedure

2. INTRODUCTION
 To being exporting or importing goods
from India, the business or individual
must obtain an Import Export Code or IE
Code from the Directorate General of
Foreign Trade. IE Code can be obtained
by the business after obtaining PAN and
opening a bank account.

3. STAGES OF EXPORT PROCEDURE
POST -SHIPMENT
SHIPMENT
PRE-SHIPMENT
REGISTRATION

4.  Registration of an org. In company act 1956 or partnership act
1932.
 Opening bank a/c.
Obtaining IEC no.
 Obtaining pan no.
Registration with GST authority
Registration with EPC(export promotion council)
 Registration with ECGC(export credit guarantee corporation)
Registration stage :

5. Registration with other authorities :
 FIEO(fedration of Indian export organization)
ITPO(Indian trade promotion organization)
Indian Chamber of commerce

6. Pre-shipment stage :
Approaching foreign buyers
Enquiry and offer to importer
Confirmation of order.
Opening of letter of credit.
Arrangement of pre-shipment finance.
Production and procedure of goods.
Packing and marking.

7. Pre-shipment stage contd. :
•Pre-shipment inspection.
•GST clearance.
•Obtaining insurance cover.
•Appointment of C&F agent .

8. Shipment stage:
Reservation of shipping space
Arrangement of internal transportation
Preparation & processing of shipping documents(shipping
bill)

9. Custom clearance
Obtaining carting order from port trust
authority
Custom examination

10. Post – Shipment stage :
 Submission of the document by C&F agent to the
exporter
 Shipment advice to importer
 Presentation of document to bank for negotiation
 Dispatch of documents
 Realization of export proceeds(payment)
 Processing of Guarantee Remittance
Form
 Realization of export incentives