Export procedure

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K.Rajesh (Querist)
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01 March 2013 Dear experts,
we have received order from foreign customer to supply the material to his customer in Gujarat-India. In that condition what procedure to follow in preparation of invoice. whether we have to make commercial invoice or export invoice, what will be tax( Excise duty & sales tax )..any forms to be obtain?...

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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01 March 2013 Any exporter who wants to export his good need to obtain PAN based Business Identification Number (BIN) from the Directorate General of Foreign Trade prior to filing of shipping bill for clearance of export goods. The exporters must also register themselves to the authorised foreign exchange dealer code and open a current account in the designated bank for credit of any drawback incentive.

Registration in the case of export under export promotion schemes:
All the exporters intending to export under the export promotion scheme need to get their licences / DEEC book etc.

SWOT analysis is a useful method of summaries all the information generated during the export planning. SWOT stands for strengths, weakness, opportunities and threats, which helps to isolate the strong and week areas within an export strategy. SWOT also indicates the future opportunities or threats that may exist in the chosen markets and is instrumental in strategy formulation and selection.

To apply your own SWOT analysis, start by creating a heading for each category – ‘Strengths’, ‘Weaknesses’, ‘Opportunities’, and ‘Threats’. Under each of these, write a list of five relevant aspects of your business and external market environment. Strengths and weaknesses apply to internal aspects of your business; opportunities and threats relate to external research.

Your final analysis should help you develop short and long term business goals and action plans, and help guide your market selection process.

Environmental factors internal to the company can be classified as strengths or weaknesses, and those external to the company can be classified as opportunities or threats.

After Make commercial invoice Handover it CHA BEFORE HIRING settle the rate of THEIR CHARGES.

ON MORE THING MUST APPLY FOR RCMC FOR DGFT INCENTIVE.

FOR MORE INFO:

https://www.caclubindia.com/share_files/export-import-procedures-in-custom-in-india--41725.asp#.UTB1wDf7crc