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Export Procedures

REGULATORY FRAMEWORK
• Foreign Trade (Development and
Regulation Act)
 ForeignTrade Policy (Sep 2004-March 2009)
 IEC Number

• Foreign Exchange Management Act


• Customs Act
Getting Established as Exporter
 Registration for IEC Number
 Registration-cum-membership certificate
 Registration with Central Sales Tax
Entering into Export Contract
 Buyer Identification
 Making an offer
 Buyer evaluation
 Export Contract
Execution of Export Order
 Production and Packing
 Availing pre-shipment finance
 Quality certification
 Booking of forward contract
 Booking of shipping space
 Marine insurance
 Shipment to port
 Customs clearance
Post-Export procedures
 Shipment advice to importer
 Declaration to ECGC
 Preparation of document set
 Negotiation of Export bill
 Claiming Export incentives

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