Page 236 - DMGT547_INTERNATIONAL_MARKETING

Unit 13: Export Documentation

 Certificate of origin: These certificates, as the name implies, are documents which certify Notes
the place of origin of the merchandise. This certificate is required by Commonwealth
countries and also by those developed countries, which have offered concessions to the
developing countries under the GSP. This certificate can be obtained by the authorised
agencies. The Government of India has authorised Federation of Indian Chamber of
Commerce and Industry (FICCI), the Export Promotion Council (EPC) and various other
trade associations to issue certificates of origin.

Task Find some specimen of some of the above mentioned documents.

Self Assessment

Fill in the blanks:

7. An Airway Bill has three original copies in different colours namely…………………..
8. …………….is a document acknowledged by the shipping company that goods o be exported
are shipped on board.
9. ………………..is issued for export of good that don’t attract any duty or are not entitled to
duty drawback.
10. C7F Invoice, Ex-ship Price, Fob Invoice and Franco Invoice are all types of………………..
11. An exporter is entitled to credit form his commercial bank after the goods have been
shipped and document have been negotiated with the bank, in case of……………………..
12. …………….is required by the Commonwealth countries.

13. ………………..is needed for export controlled commodities.
14. Proforma Invoice is just a……………….invoice.

13.4 Export Documentation Requirements in India

Export documentation in India has evolved a great deal particularly since 1990. Efforts are on, on
a faster footing to streamline and modernize the system further (see box 13.1). Prior to 1990, the
documentation was all manual and not at all coordinated. The result was lot of delays and
mistakes, rendering the task very clumsy, tiresome, repetitive and truly frustrating. India adopted
the ADS in 1991. ADS refer to Aligned Documentation System, which is the internationally
accepted documentation system.

Did u know? ADS uses a Master Document that contains the information common to all
documents forming part of the aligned series.

Box 13.1: Right Click for Fast Delivery

To cut transaction time and costs for exports, which are about five times that of China,
commerce and industry ministry announced several measures including a drastic trimming
in the number of forms to be filled from 120 pages to 50 pages. The new set — Aaayat
Niryaat—has been introduced by DGFT.

Contd...

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