ROLE OF CLEARING AND FORWARDING AGENTS IN INDIA

 

ROLE OF CLEARING AND FORWARDING AGENTS

 

ROLE OF CLEARING AND FORWARDING AGENTS IN INDIATheir basic function is to provide different range of services to exporters to ensure smooth and timely shipment of goods. Clearing and Forwarding Agents play a pivotal role in the selection of mode and route of transport. They are the specialized people to guide in selection of the shipping line/airline. Every exporter is concerned with distribution logistics to ensure, that the goods reach the final buyer, in specified time and at minimal cost in the condition they are sent. The essence of distribution logistics is the decision in respect of mode of transport to he used. Clearing agent advises exporter about the availability alternative modes of transport and guides exporter in decision-making about the final choice of transport to achieve optimal cost in transporting the goods, well within the delivery schedule. In addition to these activities, he undertakes most of the functions connected with exports such as marking, labelling, packing of goods, advising on trade laws, arranging local transportation as well as apprising developments on transportation and claiming duty-drawback claims on behalf of the exporter. An efficient clearing and forwarding agent, goes a long way to the exporter in the journey of exports to make the matters easier, comfortable and may be cheaper too. Above all, the agents act trouble-shooters for the exports, in case of movement problems. It is well said a real clearing agent can perform all the functions except selling the goods!

 

Where goods are transported by rail, export consignments are to be given either B or C priority of the Railway Priority Schedule as formulated by the Railway Board. There are five priorities in the schedule from the highest A to lowest E. Thus, B and C are fairly high priorities.

 

Clearing and forwarding agents are also known as Customs House Agents or Freight Forwarders or Shipping Agents.



How to export goods from India?

 

Export benefit schemes in India

Export procedures and documentation

How to get Export Order?

Know HTS code (HS code) of your product

How to import goods to India?

Find ITC code of your product

Indian Budget 2016-17, Duty changes in Excise, Customs and ST

Export benefit schemes from Export Promotion Councils

All about registration of GST in India, FAQ

Cancellation of GST Registration in India, FAQ

Can a person without GST registration claim ITC?

Why separate Registration of GST in each state in India, for each business.

Latest date to file GST registration in India

Procedures to obtain GST registration for non-resident taxable person

Is digital signature option available under registration of GST in India?

Advantages of GST registration in India

How is time of supply accounted under GST Tax Calculation 

Valuation of GST under special cases 

Valuation of GST Taxable supply 

When to pay GST for supply of services? 

When to pay GST? 

GST on short supplied goods and services by nature 

Goods and services exempted to pay GST 

Who has to pay GST?

GST Composition Levy




Comments


okiru john thomas: Iam john from kampala uganda, i work with aclearing and forwarding firm called Kaps impex Limited.i need to connect with more cleints who are in need of clearing and forwarding services.kindly contact me on the above email.

Cyril Manohar: Details of licence for c&F agent

Jatinder Gulati: Want to know about export products from India to rest of the world

Discussion Forum

You can also share your thoughts about this article.
Any one can answer on question posted by Readers