Page 216 - DMGT547_INTERNATIONAL_MARKETING

Unit 12: Export Procedures and Policies

LC (original) Notes
Copy of Export Order
Inspection Certificate
ARE-1 & ARE-2 forms (in duplicate)

12.2.7 Cargo Insurance and Shipping Space Reservation

The C&F agent will book shipping/air space for the cargo. He will also arrange for cargo
insurance, if Ratnesh so desires.
Ratnesh will send the cargo to the C&F agent, who will take it direct to the port of
shipment or store it in his own warehouse, as per the situation.

12.2.8 Customs Clearance

The C&F agent will submit the documents with the Customs.
The Customs Examiner will check the documents for compliance with customs’ rules and
procedures as well as for accuracy of quantity and value in the export documents with
export order/LC.
The Customs Examiner will also instruct the Dock Appraiser for physical examination of
cargo.
The C&F agent will bring the export cargo to the port for examination.
The Dock Appraiser will conduct physical examination of the goods and if satisfied will
endorse “Let Export” on the shipping bill copy.

The Preventive Officer will also endorse the same shipping bill copy with the words “Let
Ship” to accord his approval to the cargo.
The C&F agent will now proceed to get the cargo loaded on board the ship. The Master of
the ship will issue ‘Mate’s Receipt’ to the port’s Shed Superintendent.
The C&F agent will pay the relevant port dues and collect the Mate’s Receipt. He will then
submit this receipt with the shipping company.
The shipping company will release bill of lading to the C&F agent in exchange of the
Mate’s Receipt.

12.2.9 Receipt of Shipment Documents from C&F Agent

The C&F agent will then deliver the bill of lading together with other shipment documents to
Ratnesh. These will include:
Complete set of Clean on Board Bill of Lading

Copies of Customs attested Commercial Invoice & Packing List
Original LC and Export Order
Drawback Copy of Shipping Bill
ARE-1 and ARE-2 forms
SDF (duplicate copy)

Copies of Certificate of Origin/Consular Invoice/Customs Invoice, if required

LOVELY PROFESSIONAL UNIVERSITY 211