CLEARANCE OF EXPORT GOODS

ROUGH DRAFT
INTRODUCTION
The term export means shipping in the goods and services out of the jurisdiction of a country.
The seller of such goods and services is referred to as an "exporter" and is based in the country
of export whereas the overseas based buyer is referred to as an "importer". Customs clearance
formalities for goods meant for export have to be fulfilled by presenting a Shipping Bill and
other related documents. These documents are verified for correctness of assessment and after
examination of the goods, if warranted, Let Export Order is given on the Shipping Bill.
Categories of Export
Freely Exportable Goods - These goods are free to export and are exported under OGL or Open
GeneralLicense
Negative List Of Exports - These goods are not permitted to be exported outside the country
Restricted/Licensed Exports - These goods are not permitted to export without any license.
Procedure

The export officials are intimated for the export of a cargo from factory

An empty container is picked from the container yard and is transported to the factory for
loading

Container is stuffed under the supervision of excise official

Ready the export documentation

The container is loaded and sealed and moved towards port

The docs are filed for custom clearance at gateway port

The container moved further for vessel loading

AIMS AND OBJECTIVES

1. To do a detailed study about the export of goods under the customs act.
2. To know about the procedure of clearance of export goods.
RESEARCH METHEDOLOGY

This researcher has used only doctrinal method of study.

SOURCES OF DATA
This project has been made using the primary sources of data like legislations, acts and
secondary sources of data like books and websites.
CHAPTERS
1.
2.
3.
4.

Export of goods under the customs act

Categories of export goods
Clearance of export goods
Procedure for clearance of export goods

CONCLUSION
BIBLIOGRAPHY

Nandini Suman
Roll no. 756
8th Semester