Master TDS & TCS Provisions with Critical Issues. Register Now!

Bill of Export

Gurumalla Swamy P (Service) (66 Points)

21 November 2008

Please send bill of export format, it is required for fulfillment of Export obligation.

Regs

Swamy

Reply
Follow
Share

3 Replies

ca.ramakrishna (Chartered Accountant) (313 Points)
Replied 21 November 2008

Certain documentation takes place while exporting from India. Special documents may be required depending on the type of product or destination. Certain export products may require a quality control inspection certificate from the Export Inspection Agency. Some food and pharmaceutical product may require a health or sanitary certificate for export.

Shipping Bill/ Bill of Export is the main document required by the Customs Authority for allowing shipment. Usually the Shipping Bill is of four types and the major distinction lies with regard to the goods being subject to certain conditions which are mentioned below:

Export duty/ cess
Free of duty/ cess
Entitlement of duty drawback
Entitlement of credit of duty under DEPB Scheme
Re-export of imported goods

Upgrade to CAclubindia Pro. Subscribe Now!

ca.ramakrishna (Chartered Accountant) (313 Points)
Replied 21 November 2008

The following are the documents required for the processing of the Shipping Bill:

GR forms (in duplicate) for shipment to all the countries.
4 copies of the packing list mentioning the contents, quantity, gross and net weight of each package.
4 copies of invoices which contains all relevant particulars like number of packages, quantity, unit rate, total f.o.b./ c.i.f. value, correct & full descripttion of goods etc.
Contract, L/C, Purchase Order of the overseas buyer.
AR4 (both original and duplicate) and invoice.
Inspection/ Examination Certificate

ca.ramakrishna (Chartered Accountant) (313 Points)
Replied 21 November 2008

The formats presented for the Shipping Bill are as given below:

White Shipping Bill in triplicate for export of duty free of goods.
Green Shipping Bill in quadruplicate for the export of goods which are under claim for duty drawback.
Yellow Shipping Bill in triplicate for the export of dutiable goods.
Blue Shipping Bill in 7 copies for exports under the DEPB scheme.

Note :- For the goods which are cleared by Land Customs, Bill of Export (also of 4 types - white, green, yellow & pink) is required instead of Shipping Bill.