The Export Process in India

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Hubco.in
Import Export (Completely online in India) 16
Steps to explain the whole Export Process in
India Team Hubco
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16 Steps of Export Process In India
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Step 1 Form of Business

• To start any business you must choose any entity.
• Startups mostly choose Private Limited Company
  and Proprietorship
• You may decide to choose any form based on merits
  and demerits

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Step 2 Type of Exporter

• This decision is not a difficult one to take.
  There are two types of exporters Merchant
  exporter and Manufacturer Exporter
• If you are a trader and exporting goods outside
  India, then you are amerchant exporter
• In you manufacture and sell goods outside India,
  then you are a manufacturer exporter.

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Step 3 Import Export Code (IEC)

• No one can do import and export of goods with IEC
  in India
• IEC is a PAN based registration, and can be
  applied online.
• Once, you are registered with import export code,
  then you may proceed to next step.

Click Here
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Step 4 Export Promotional Councils

• it is mandatory to register with export
  promotional council or with Commodity board of
  India.
• This registration is needed to explore any export
  benefit provided by Government.
• E.g. if you are doing business of coconuts, then
  you should register with Coconut Development
  Board (CDB).

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Step 5 Inspection Certificate

• As per Export (Quality and Inspection) Act, 1963,
  inspection certificate are mandatory.
• The export inspectional council of India will
  help in getting the inspection certificates
• Once inspection certificates are obtained, then
  freight forwarder is hired.

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Step 6 Get a Freight Forwarder

• They are the ticketing agents for cargo system
• You need to decide the mode of shipment like air,
  sea, land.
• Also get a quote from them which will be based on
  Mode of shipment, destination port and volume of
  shipment.

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Step 7 File Performa Invoice

• PI is sent by the exporter to the buyer outside
  India.
• PI contains all the relevant details like
  quality, goods description, Mode of payment etc.
• Once PI is approved by the buyer, export order is
  confirmed and exporter shall proceed to next
  step.

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Step 8 Commercial Invoice

• Commercial invoice is like a normal sales
  invoice.
• Commercial invoice is issued once order is
  confirmed by the buyer.
• Commercial invoice is issued by exporter to the
  buyer. Now, the export proceeding will take
  place.

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Step 9 AD Code Registration

• AD stands for Authorised dealer.
• AD code registration is done with any schedule
  bank in India
• AD code helps to check whether export proceeds
  have been realized or not.

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Step 10 Shipping Instruction

• Depending upon the nature of goods, shipping
  instruction are issued by Freight Forwarder.
• This has to be done in accordance with
  international conventions.
• Nature of goods may be hazardous, perishable etc.

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Step 11 File Packing List (PL)

• Packing list contains the item wise packing
  contents
• It help the authorities to know what lies within
  the packing.
• Custom authorities may check the sample to verify
  the packing list

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Step 12 Shipping Bill

• Shipping bill maybe generated through online IEC
  GATE of Custom authorities.
• It is generated when PL, commericla invoice and
  other documents are submitted.
• After shipping bill is submitted, assessing
  officer will verify the exportability of goods.

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Step 13 Let Export Order

• Once, Assessing officer is satisfied about the
  goods and particulars of shipping bill.
• He issues the Let Export Order (LEO), and goods
  become ready to be exported.
• After LEO, goods are loaded.

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Step 14 Loading of Goods

• Shipping bill along with LEO is submitted to
  proper officer.
• Goods are then loaded into vessel under the
  supervision of customs.
• Once loading done, then bill of lading is
  generated

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Step 15 Bill of Lading

• The word lading is derived from the English word
  loading.
• Bill of lading is generated when goods are
  properly loaded into the vessel.
• Bill of lading is sent to buyer, so that he can
  claim the goods when vessel reaches his
  destination.

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Step 16 Export General Manifest
Shipping lines has to submit a report within 7
days of sailing the words.   EGM is like a report
which contain all the information about the goods
dispatched.. The EGM is the final confirmation of
the physical export of the goods. It also helps
in claiming the export incentives.
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Thanks for your time!
Click here to Register for IEC Online
Rs.3,499/- (All inclusive) with Digital
Signature of two years validity
In case of any query, you can contact us at 91
9540618336 agam_at_hubco.in
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