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PRE-SHIPMENT PROCEDURE
• Preliminary activities
• Order – receipt and conformation
• Letter of credit
• Obtaining packing credit
• Production or procurement of goods
• Packing and marking of goods
(contd)
• Pre-shipment inspection
• Central excise clearance
• ECGC cover
• Marine insurance policy cover
• Appointment of custom house agent
• Instructions to CHA
CENTRAL EXCISE CLEARANCE
• Export goods are exempted from central excise duty. However necessary clearance has to be obtained in two ways:
• Export under bond .• Export under rebate. (without examination)
PROCEDURE OF EXCISE CLEARANCE:• Preparing of invoice
• Filling ARE-1 Form
• Application to assistant commissioner of central excise
• Information to range superintendent of central excise
ARE-1 COPIES
copy colour
original white
duplicate buff
triplicate pink
quadruplicate green
quintuplicate blue
CUSTOM CLEARANCE/SHIPMENT PROCEDURE:• Submission of document
• Verification of document
• Carting order
• Storing of goods in the sheds
• Examination of goods
PROCEDURE(contd)
• ‘Let ship order’• Loading of goods
• Payment of port trust dues• Obtaining bill of lading
• Payment to CHA
REALISATION OF EXPORT PROCEEDS:
• Submission of documents to bank
• Verification of documents
• Certification of documents
• Dispatch of documents
• Letter of indemnity