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OBJECTIVES
After studying this Unit, you should be able to:
1. Explain stages involved in export cargo shipment
2. Discuss the policy for Central Excise Rebate on exports
3. Describe procedural formalities in claiming the Central Excise Rebate
4. Explain policy, procedures and documentation requirements in customs clearance of export cargo and
5. Describe port procedures involved in the shipment of export cargo.
NEED FOR PROCEDURAL FORMALITIES : Procedural formalities prescribed for claiming various export-incentives need timely and proper compliance on the part of exporters. This alone w
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INTRODUCTION : Exchange Control is another important area of international trade. The term exchange control applies to the rules and regulations designed to regulate transactions
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Distinction between Domestic Sales Contract and Export Sales Contract : A major point of distinction between a domestic and export contract lies in identifying the prope
Post-shipment Credit in Foreign Currency : The exporters have the option of availing of export credit at the post-shipment stage either in rupee or in foreign currency. The credit
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