Shipping Bill/Bill of Export
Shipping Bill is the main document required by the Customs Authority for allowing shipment. Basically, shipping bills are of four types. The major distinction between one type and another Shipping Bill lies with regard to the goods being subject to: (a) export duty/cess, (b) free of duty/cess, (c) entitlement to duty drawback (d) entitlement of credit of duty under DEPB Scheme and (e) re-export of imported goods.
Free Shipping Bill is used for export of goods which neither attracts any duty/cess nor entitled to duty drawback on their exportation. Dutiable Shipping Bill is used in case of goods subject to export duty/cess but may or may not be entitled to duty drawback. Drawback Shipping Bill or Bill of Exports is the document to be filed with the land Customs Authorities for export of goods which are entitled to drawback. DEPB Shipping bill is used when the goods are exported under DEPB scheme. Shipping Bill for Shipment Ex-Bond is for use in case of imported goods for re-exports and which are kept in bond.
Following documents are required for processing of Shipping Bill :
(a) GR forms in duplicate for shipments to all countries.
(b) Four copies of packing list giving contents, quantity, gross and net weight of each
package.
(c) Four copies of invoices indicating all relevant particulars such as No. of packages,
quantity, unit rate, total f.o.b./c.i.f. value, correct and full description of goods etc.
(One copy of this invoice is to be pasted on the duplicate copy of Shipping Bill).
(d) Contract, Letter of Credit, Purchase Order.
(e) Inspection/Examination Certificate.
The formats presented for the shipping bill are as under :
1. White shipping bill for export of duty free goods prepared in triplicate in the standardised format.
2. Green shipping bill for export goods under claim for duty drawback prepared in quarduplicate.
3. Yellow shipping bill for export of dutiable goods prepared in triplicate.
4. Pink shipping bill for export of duty free goods ex-bond prepared in triplicate.
5. Blue Shipping bill for exports under the DEPB scheme prepared in seven copies.
Where the goods are to be cleared by the Land Customs, Bill of Export is prepared instead of Shipping Bill. Bill Exports are also of four types i.e. White, Green, Yellow and Pink for the purpose stated above.
Appraisal by the Custom Authorities
The Custom Appraiser/Examiner examines shipping documents and appraises the value having regard to the following considerations:
1. That the value and the quantity declare in the shipping bill is the same as the export order/letter of credit.
2. That the formalities regarding exchange control, pre-shipment quality control inspection etc. have been duly completed. After examination of documents and appraisement of value, the Customs Examiner/ Appraiser makes an endorsement on the duplicate copy of the Shipping Bill giving directions to the Dock Appraiser about the extent of physical examination of the cargo to be conducted at the docks. All the documents, except GR (Original) Form, the original Shipping Bill and a copy of the Commercial Invoice are returned to the Forwarding Agent to be presented to the Dock Appraiser.
After taking delivery of documents from the Export Department, Forwarding Agent presents the Port Trust Documents to the Shed Superintendent of the port and obtains carting order for bringing the export cargo to the transit shed for physical examination by the Dock Appraiser and for the shipment. After bringing the cargo into shed he presents the following documents to the Dock Appraiser for conducting physical examination of the Cargo:
1. Duplicate, triplicate and export promotion copies of the Shipping Bill
2. Commercial Invoice
3. Packing List
4. AR4 (Original and Duplicate) and Invoice
5. Inspection Certificate (Original)
6. GR form (Duplicate)
The Dock Appraiser after conducting physical examination records examination report and makes “Let Export” endorsement on the duplicate copy of the Shipping Bill and hands it over to the Forwarding Agent alongwith all other documents to be presented to the Preventive Officer of the Customs Department who supervises the loading of cargo on board the vessels.
The Preventive Officer makes an endorsement “Let Ship” on the duplicate copy of the Shipping Bill. The duplicate copy of the Shipping Bill is then handed over to the agent of the Shipping Company. This constitutes an authorisation by the Customs to the Shipping Company to accept the cargo on board the vessel.
After the goods are loaded on board the vessel the Captain of the ship issues a receipt called “Mate’s Receipt” to the Shed Superintendent of the Port.
The Forwarding Agent then makes a payment of the port charges and takes delivery of the Mate Receipt. He presents the Mate Receipt first to the Preventive Officer who records the Certificate of Shipment on all the copies of Shipping Bill, original and duplicate copies of AR4 form and returns the Export Promotion copy, a copy of Drawback Shipping Bill and duplicate AR4 to the Forwarding Agent. The latter then presents the Mate Receipt to the Shipping Company and requites it to issue the Bill of Lading (2/3 negotiable and a few non-negotiable copies as required).
Exports by land/river are effected either by lorry transport or rail or in boats usually to three countries only i.e. Bangladesh , Pakistan and Nepal Bhutan and Nepal
No comments:
Post a Comment