When does exporter get EP copy of shipping bill after customs clearance
Monday, October 13, 2014     Category : Export India

 

 

When does exporter get EP copy of shipping bill after customs clearance?

 

I have written a couple of articles in detail in the same website about the mechanism of export customs clearance and procedures on export. I have written about - ‘What happens, once cargo for export moved out from exporter’s factory’ with the procedures and formalities to be complied with the authorities. You may read the same also to have a deep knowledge on the subject, as I have mentioned in simple language to understand for beginners of international trade.


When does exporter get EP copy of shipping bill after customs clearance Here let us learn, when can an exporter gets EP copy of shipping bill. The exporter receives exchange control copy of shipping bill with exporter’s copy of shipping bill immediately up on completion of export customs clearance formalities. Exchange control copy of shipping bill has to be submitted with their authorized dealer bank, in turn bank sends the said exchange control copy of shipping bill to Reserve bank who monitors inward and outward remittance of the country.

Although exporters obtain exchange control copy (EC copy of shipping bill) and exporters copy of shipping bill duly signed by customs authorities to let for export the goods to foreign country, such EC copy and exporter’s copy is not treated as a proof of export.


Why EC copy of shipping bill or exporter’s copy of shipping bill is not treated as proof of export by customs or other government authorities.

As you know, the meaning of ‘export’ is to move goods to a place outside the country. This means, the goods intended to export need to be moved outside country. So, while issuing EC copy of shipping bill or exporter’s copy of shipping bill, the goods may not have moved out of country as such shipping bill is only a proof of completion of customs clearance formalities and permission to move the goods from the country.


Here the question is, when can an exporter eligible to obtain EP copy of shipping bill.

Before answering this question, let us find out – why EP copy of shipping bill is required for an exporter. Why can not manage with EC (exchange control) copy of shipping bill or exporter’s copy of shipping bill.


All government agencies accept EP copy of shipping bill as a proof of export as one of the documents. This EP copy of shipping bill issued by customs department declares that the goods mentioned in the documents have been exported. Exporters are eligible for various export benefits from different agencies including financial assistance and Export promotion copy of shipping bill need to be submitted with them along with other documents.


How long will take to issue EP copy of shipping bill after obtaining EC copy of shipping bill or after completion of customs clearance. Let us find the mechanism of procedures after completion of export customs clearance procedures. What happens to the cargo, once after handing over necessary shipping bills to shipping company, as proof of completion of customs clearance.


Once after receiving shipping bill as proof of completion of export customs formalities, the shipping company as carrier of goods arranges to move the said goods to the destination where exporter wants, as per shipping documents mentioned. The goods are moved out of country by road, rail, air or sea. In most of the export business transactions, the goods are moved either by air or sea. Once after crossing the territorial border of the exporting country, the carrier of goods (shipping company) must file the details of goods exported with the customs department. Such details are mentioned in a specified format advised by customs department which is called ‘Export General Manifest’ EGM. Filing of EGM is mandatory and Export General Manifest is a legal document to be filed by shipping carrier with customs department, once goods crossed border of the country. The shipping carrier (vessel owner or his agent, aircraft owner or his agent, freight forwarders, consolidators ) mentions the details of vessel/aircraft or other carrier, quantity, number of pieces, description of goods and other required information specified by the authority in EGM.


Once after filing of such EGM by shipping carrier who moved goods out of country, the exporter or his authorized customs broker can apply for obtaining EP copy of shipping bill with customs. If the shipment was effected in a custom location where shipping bill filed manually, the exporter or his customs house agent can submit necessary export promotion copy of original shipping bill and obtain approval from customs department by mentioning EGM details. If the shipment was effected in a customs location where EDI (Electronic Data Interchange) facility is available, exporter or his customs house agent can apply to obtain copy of print from EDI and arrange to get approval (endorsement) on such hard copies of EP copy of shipping bill by mentioning the details of EGM.


Now you would have come to know the answer on your question – How long will take to get EP copy of shipping bill after releasing EC copy of shipping bill. In a nutshell, EP copy of shipping bill is obtained once after movement of goods out of territory border of exporting country and after filing of Export General Manifest (EGM) with customs by shipping carrier who moved said goods.  Also read How to re-construct EP copy of shipping bill      Difference between EP copy and EC copy of shipping bill

 

 

In this article I have explained about release of EC copy and EP copy and its process of release with  Indian Customs department in simple language.  What is your experience in handling EP copy of shipping bill?  Would you like to add more information about release of EP Copy of Shipping Bill?  Share below your suggestions  and experience about the time of releasing EP copy of shipping Bill.

 

Have you satisfied with this article in simple language about the mechanism of EC copy and EP copy of shipping bill in Indian Customs?  Share below your comments about EP copy and EC copy of shipping bills in India.

 

 

 

Similar Read below:

How to re-construct EP copy of shipping bill

Difference between EP copy and EC copy of shipping bill

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I hope, I could satisfy you on the subject. If you have different thoughts, please discuss below.

 

Comments

 
Dr. Anil Suneja Says :
Monday, May 27, 2013
Good. My further query is , if Indian exporter sells goods to foreign buyer but said foreign buyer after clearance from the Indian custom but before movement, sells goods back to some other Indian person and the new Indian buyer sells goods to some other country, which kind of sale this would be for the second Indian buyer.
surendran Says :
Saturday, June 01, 2013
Hi Dr.Anil Suneja, There are many parameters involved in this 3 transactions. Whether any advance amount recieved from 1st transaction against export? Whether claimed any export benefits? since cargo not moved from Indian port, EP copy of SB can not be released. The reselling transaction between foreign seller with new buyer can be hidden to avoid complication which is immaterial with RBI,customs and other Indian government authorities. Shut out procedures can be followed for 1st transaction and arrange new documentation procedures for last transaction.
rajani Says :
Monday, June 17, 2013
in air customs clearance exporter get shipping bill exporter copy??
Alice Says :
Tuesday, July 02, 2013
Both air and sea customs clearance, exporter gets exporter copy of shipping bills after customs clearance
venkat Says :
Saturday, February 01, 2014
we have got everthing information thankyou for that ple send to email about BRC
suryaprakash.h Says :
Wednesday, February 19, 2014
How To obtain Previous Years (2011-12) EC Copy Online.
MV SRREEDHARAN Says :
Thursday, July 24, 2014
Please note AIR CARGO CUSTOMS AFTER THE GOODS ENTERED AND EXAMINED THE GOODS, THE CUSTOMS IGI OFFICIALS ARE not SIGNING IN THE ARE-1 COPY FOR THE GOODS RECVEIVED. THE SIGNATURE IS REQUIRED IN THE ARE-1 THE CUSTOMS OFFICER WHO HAS SUPERVISED/EXAMINED THE GOODS. THE SAME WE HAVE TO SUBMIT TO CENTRAL EXCISE DEPT . FOR RELEASE OF OUR BOND/LUT ETC. AT PRESENT CUSTOMS OFFICIAL ARE NOT SIGNING IN THE ARE-1 OR EP Copy of SHIPING BILLS PERTAINING TO THE EXPORT SHIPMENTS CLEARED FROM IGI AIRPORT... COULD YOU PL PROVIDE A COPY OF CUSTOMS CIRCULAR STATING THAT SIGNATURE IN THE ARE-1 IS NOT REQUIRED. WHICH WE HAVE TO SUBMIT TO THE CENTRAL EXCISE DEPT. WAITING FOR YOUR REPLY BEST REGARDS SRIRAM COMPOUNDS PVT LTD TEL: 9560897424
narasimhan Says :
Monday, August 04, 2014
is original FCR issued by Cargo Forwarders sufficient without original Bill of Lading for discounting of bills in banks or is it necessary to submit copy of bill of lading
 

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