Export – import documentation and steps for successful
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Transcript of Export – import documentation and steps for successful
- Akshay Samant
Export / Import – Terms / DefinitionsExporter means a person who exports or
intends to export and holds an importer – exporter code number unless otherwise specifically exempted
Categories of ExportersManufacturer Exporter – Manufacturing
activityMerchant exporter – trading activityAEZ – Agricultural export zone notified by
DGFT
BTP – biotechnology park
EHTP – electronic hardware technology park
EOU – export oriented unit
Service provider – supply of service from India to any other country.
SEZ – special economic zone notified by ministry of commerce and industry.
Status holder – exporter recognized as export house / trading house by DGFT
STP – software technology park
Importer – a person who imports or intends to import and holds an importer – exporter code number unless otherwise specifically exempted.
Actual user Either industrial or non industrial
Capital goods – plant, machinery, equipment or accessories required for manufacture & production
Drawback Rebate on duty chargeable on any imported
material or exercisable material used in the manufacture of goods which has been exported
Exercisable goods Goods produced or manufactured in India and
subject to a duty of excise under the central excise act
Export obligation The obligation to export the product or products
covered by the authorization or permission in terms of quality value of both, as may be prescribed or specified by the competent authority.
Infrastructural facilities Industrial, commercial and social infrastructure or
any other facility for the development of the special economic zone as notified.
Third party exports Export made by exporter or manufacturer on behalf
of another exporter, in such case shipping bills shall indicate the name of both the exporter / manufacturer and exporters.
Export informationVarious publications of chambers of
commerceExport promotion councilsBanks & other institutions engaged in
international tradePrivate publications / project reports
available on certain fees.
Export commodity / product selectionManufacturing capacity / manufacture exportAvailability of the manufactured goods –
merchant exporter Demand on importing countryPolicy, regulation in exporter / importer
countriesTotal profitability taking into account
incentives availableImport replenishment available if any.
Quota fixation if any in both the countriesKnowledge & experience of similar exporter
in various countries
Obtaining particulars of foreign buyersTrade representatives of foreign govt. In
IndiaIndian trade representatives abroadExport promotion councils & commodity
boards, govt. & semi govt. agenciesInternational trade directories
Yellow pagesParticipating / visiting in international trade
fairs & exhibitions in India & abroad
Reading materialsNewspapers, trade bulletins, magazines,
journals published by various agencies.Advertising in Indian as well as foreign
newspaper, magazines & journal.Relatives, friends & other contacts in foreign
countries.