Interested in Exports remember:
India is a growing export market & all products can be exported.
Procedures for being an Exporter:
firm for export, having a name ending with the terms International, Exim,
Impex which are sugestive of business nature.
Sales Tax Number.
Obtain a I T
for a IE (Import Export) Code.
with related Export Promotion Counsils like CHEMXIL, EEPC, Leather Export
promotion Counsil or Fedration of Indian Export Organisations (FIEO).
Promote your business.
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Import Trade Terms:
‘Entry’ in relation to goods means an entry made in a Bill of Entry,
Shipping Bill or Bill of Export. It includes (a) label or declaration
accompanying the goods which contains description, quantity and value of the
goods, in case of postal articles u/s 82 (b) Entry to be made in case of
goods to be exported (c) Entry in respect of goods imported which are not
accompanied by label or declaration made as per provisions of section 84.
to documents -
Importer, exporter or 'Person In charge' have to submit various documents to
customs authorities like Bill of Entry, Import Manifest, Export Manifest
etc. Some times, it may become necessary to amend the document due to
various reasons like change in classification, clerical mistake in document,
change in unloading / loading plan of vessel etc. In such case, permission
to amend these documents have to be obtained from customs authorities. Such
permission can be given if there are no fraudulent intentions.
In case of bill of entry, shipping bill or bill of export, it can be amended
after clearance only on the basis of documentary evidence which was in
existence at the time the goods were cleared, warehoused or exported, and
not on basis of any subsequent document. [proviso to section 149].
Imported goods are permitted to be unloaded only at specified places.
Similarly, goods can be exported only from specified area. In view of this,
definitions of ‘Customs Station’ is important.
Customs area means all area of Customs Station and includes any area where
imported goods or export goods are ordinarily kept pending clearance by
Customs authorities. Thus, ‘Customs Area’ could include some area even
outside the ‘Customs Station’. Customs Station means (a) customs port (b)
inland container depot (c) customs airport and (d) land customs station.
These are few of the Trade Terms involved in Export / Import to know more
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