Monday 21 September 2015

How to export and their important instructions

Nothing is impossible in export:

                                                 Every one can achieve in the export from the house base ,womens,students are also have the good enrollement in the export field.Indian government give the much more importance for the export trading than the any other country,because the export gives the lot of oppurtunities and give more income for our nation .let see

how to payment duty?


                                The duty can be paid in the designated banks through TR-6 challans. It is necessary to
check the name of the bank and the branch before depositing the duty. Bank endorses
the payment particulars in challan which is submitted to the Customs. Facility of e-
payment of duty through more than one authorized bank is also available since 2007
at all major Customs locations.

In order to reduce the transaction costs and expedite Customs clearance the Board
has decided to make e-payment of duty mandatory from a date to be notified for the
importers paying an amount of Rs. 1 lakh or more per transaction. Likewise, e-payment
of duty regardless of amount shall be made mandatory for ACP importers from a date
to be notified.
For clearance of export goods, the exporter or his agent has to obtain an Importer-
shipping bill:
Export Code (IEC) number from the Directorate General of Foreign Trade prior to
filing of Shipping Bill. Under the EDI System, IEC number is received by the Customs
System from the DGFT online. The exporter is also required to register authorised
foreign exchange dealer code (through which export proceeds are expected to be
realised) and open a current account in the designated bank for credit of any Drawback
incentive.

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