CUSTOM COMPLIANCE
POLICY
♦ (YOUR
COMPANY NAME). complies with all applicable custom laws and in particular establishes
and complies with laws regarding
illegal transshipments.
PROCEDURE
(YOUR
COMPANY NAME). follow the below export process:
• Receipt
of orders
• Planning
/ Procurement / Production
• Final
Inspection
• Vessel
Booking
• Preparation
of custom documents
• Clearing
and forwarding
• Preparation
of commercial documents
• Negotiation
• Receipts
of funds
• Sales
projections / purchase contact / letter of credit are received from buyer.
• Managing
Director forwards purchase orders / projection
to Factory Manager for further process.
• Factory Manager
does planning and evaluates the allocation of orders
as per production plan. Factory
Manager co-ordinates with the Related Personal to starts production according to purchase
contract.
• After completion
of production the buyer’s QC or nominated agent first conducts
by internal Q.C and final
inspection then.
• After final inspection,
formal vessel booking
is done with shipping line or with the forwarding agent by
Export Manager
• In the meantime, form E duly attested from concern bank and custom documents are prepared
i.e. invoice, packing list,
G.S.T invoice and a set is forwarded to clearing agent.
• Clearing agent prepares shipping bill and completes
custom authority formalities and container is released
for loading, and goods are lifted for custom clearance and on custom clearance goods are handed over to shipping
company and in return we get a proof of shipment
in shape of bill of lading.
• On receipt of bill of lading, Export Manager
start making commercial documents which includes invoice,
packing list, certificate of origin, GSP, special custom invoice as well as insurance policy where applicable is required by the buyer as well as bill of exchange
and get all these documents
duly attested from chamber and EPB through concern association and send all these documents to bank for necessary checking and
negotiation and in case
of pre/post shipment loan involvement
we do prepare
loan documents and do submit with concern bank.
• Finally,
follow up with bank for receipt of funds and on realization of proceeds file is closed.
RESPONSIBLE PERSON
Export Manager from Head Office provides training regarding Custom Laws or any trade requirement and on amendments and maintain training
records.
RELATED DOCUMENTS
• Packing
List
• Custom
Invoice / GST Invoice
• Shipping
Bill
• Original
Letter of credit
• Commercial
Invoice
• Bill
of Exchange (Draft)
• Bill
of Lading
• Certificate
of Origin
• GSP.
Form “A”
• Beneficiary
Certificates
• Export
Licensee
• Inspection Report
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