How many types of shipping bills in export
Tuesday, June 03, 2014     Category : For Beginners

 

How many types of shipping bills are in exports in India?

 

How many types of shipping bills in export

How many types of shipping bills are there in Exports in India?

 

Shipping bills have to be filed mandatory for every goods moved for exports.

 

Shipping bills are filed as per the guidelines of customs department of each country. Before introduction of electronic filing system with customs department, documents are filed manually.

 

Why different types of shipping bills?

 

Let us discuss the reason for introducing different types of shipping bills for exports. As you are aware, most of the exports attract different incentives, duty exemptions or other export benefits. In some other types of exports, the exporter needs to pay duty to government of exporting country. Categorizing them at the time of filing documents for export is an easy task for customs to identify easily, under which category of exports fall under – whether duty to be paid, any export benefits availing etc.etc.

 

Types of shipping bills.

There are four main types of shipping bills in India. Duty free shipping bills, Dutiable shipping bill, Shipping bill under Duty draw back, Ex-bond shipping bills.

 

Colors of shipping bills:

Before introduction of electronic filing of shipping bills, these types of shipping bills are identified in different colors - Duty free shipping bill in White color, Dutiable shipping bill in yellow color, shipping bill for drawback in Green color and Ex-bond shipping bill in pink color. These colors help all concerned authorities to identify the exports under which type of shipment those export taken place.

 

Most of the customs locations in India have been introduced electronic filing of shipping bills. Manual filing of shipping bills also takes place in some of the customs locations where in electronic filing facility not available. Under special cases, some of the exports need physical verification of goods and valuation of goods manually. In such cases, customs higher authorities insist to file shipping bills manually to ascertain value of goods than declared value by exporter. In such cases, exporters file manual shipping bills.

 

 

 

I hope, I have explained in easy language about different types of shipping bills in India for exports.

 

Would you like to share your experience about different types of shipping bills in India for exports?

 

Write below your thoughts on types of shipping bills in India.


Comments

 
Sreejith Elambilai Says :
Thursday, June 06, 2013
Dear Sir, The software system is widely introduced in both ICD and Air cargo, Bangalore. Still Sec-74 is filed manually. Kindly clarify the reason. Thanks Sreejith Elambilai
admin Says :
Thursday, June 06, 2013
Hi Sreejith, Since shipper claims drawback under re-export of duty paid goods, customs authorities may require physical verification of goods to re-value on such imported duty paid goods which are arranged to export. This could be a reason. However, you can take up this matter with authorities through Customs House Agents Association.
Mayur Says :
Monday, December 30, 2013
Hi, I paid import duty on imported clothes for personal use to DHL by cash. Due to fitting issues I wish to return them. What is the process to be followed? I'll have to ship the clothes fast as returning window for clothes might expire soon. Does customs require physical verification of clothes? My concern is by the time I've completed documentation for claiming returns the clothes might already have been re-exported. Can you provide some guidance in this regard? Thanks in advance, Mayur
anil Says :
Tuesday, February 04, 2014
what can we do with ep copy
Surendran Kollerath Says :
Monday, March 10, 2014
Hi Anil, Read other articles in this web site including EP copy and EC copy of shipping bill
Surendran Kollerath Says :
Tuesday, March 11, 2014
Hi Mayur, You are eligible to get import duty against imported cloths which are re exported due to fitting issue. The customs department has to ascertain the amount of duty involved under such re exports. Normally, a physical examination of goods is carried out at the time reexports, if customs can not derive the figure.
santhosh Says :
Saturday, April 12, 2014
please provide the scheme code for different shipping bill
 

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