17 January 2014
Dear Sir, we registered as Manufacturer with Excise Dept., now we received a PO from Dubai to export a Machine, we will purchase this Machine from a another manufacturer, because we did not manufacture this machine.. now what are the documents, Registration are required to export the same & what is procedure step by step for this .. please help me.. that is the first time export for me
18 January 2014
The following needs to be done.You
1) should have Importer Exporter code Number (IEC No.) of you Company which is issued by the DGFT Office.
2) should follow CT-1 form procedures for availing exemption from Excise duty.
3) should appoint Customs House Agent (CHA) for Clearance of export document and cargo from customs .At the same time you should arrange Freight Forwarder if the export is on CIF,C&F basis in case of Sea shipment or CIP /CTP in case or Air shipment.
4)should prepare Pre shipment invoice and packing list
5) should verify export benefit available considering your export product and country of export.
6) should prepare post export documents as per the requirement of buyer and payment term
CAclubindia
