Coconut Export Manual

Shipment and documentation forms an important layer of Exports. What are the basic requirements required. How do you fill in the Bill of Lading the description of your product, and correct the Correct eight digit code which is mandatory, as the 4 digit and 6 digit codes are expressions of tariff vocabulary used by both Customs and Central Excise, even though ITC(HS) CODES are approved by the World Customs Organizations at Brussels, which meets often to approve the new codes in the 6 digit level. Any proposal emnating from ny country is put to vote.

The eight digit Codes are often called as Harmonized Code of Nomenclature. In the ITC(HS) Codes published by the Director Gneral of Foreign Trade, you have two Schedules; Schedule 1 refer to 'imports' and Schedule II to 'Exports'. If your product is prohibited for Import/Export, then you have to get a temporary permit from GDFT, and some times he partially waives the ban. Unless written orders are obtained from DGFT, the shipments will not be allowed by the Port authorities.

Toady, there is hardly any break bulk cargo. All the Cargo meant for shipment are despatched through Containers. Normally, often the 20 foot TUF and 40' TUF are used for consigning merchandise. The freight for a container whether it is volume laden or value laden, is one and the same. That is why, exporters say, unit value realization is low, when volume dominate the product exports; if it is value based, then the unit value realization will be high.

Stuffing is done indoors and within the factories only. The Exporter gives a self declaration about the product. Some items come under the Central Excise levy, and some other items come under the Customs levy. Self declarations are accepted. However, Customs make random checks on some of the Containers and if any discrepancy is noticed, imposes penality as the Case may be.

There are benefits given by Customs like Duty Drawback. Certain goods are exported under Export Obligation(for goods already improted under EPCG, advance licence, etc). DEPB, other fiscal benefits of FTP need to be applied to the DGFT after realization of the BILLS. These procedures are noted in the FTP and HBP, Vol I, II, III respectively.

Coconut Development Board has brought out a compilation, on Coconut Export procedures. That will give a broadside on the various Export formalities, concessions, benefits, policy, procedure of Coconut export/import formalities.