Workshop on Export Procedures & Documentation at Mumbai
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Western Region office of FIEO conducted a two-day workshop on ‘Export Procedures & Documentation’ on 13-14 July in Mumbai which was attended by 50 participants. Aimed at the middle-level executives already employed in the field of exports, the workshop attracted even senior executives and proprietors. Addressing the workshop, Mr. S Jamati, DDG, FIEO (Western Region) stressed on the importance of export procedures and the need to fill up documents accurately. "Errors in documentation may prove expensive; a mistake can delay the consignment leading to increased storage costs and demurrage, and sometimes even denial of incentives due to wrong paperwork," he said. |
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Mr. S Jamati, DDG, FIEO (WR) addressing the meeting. With him is Mr. Ajit Shah, Faculty, (Export & Import). |
Mr. Ajit Shah, the faculty for the programme, while briefing the audience on various aspects of export documentation and procedures, said, when shipping a product overseas, the exporter must be aware of packing, labeling, documentation, and insurance requirements. "It is important for exporters to ensure that the merchandise is - packed correctly so that it arrives in good condition; labeled correctly to ensure that the goods are handled properly and arrive on time at the right place; documented correctly to meet the laws of importing countries, as well as proper collection standards; and insured against damage, loss, pilferage and delay." He said.
Documentation must be accurate, said Mr. Shah, because slight discrepancies or omissions may prevent merchandise from being exported, resulting in non-payment, or even seizure of the merchandise by customs in importing countries due to misdeclaration. "Documents are subject to precise time limits and may not be honored by a bank if the time has expired. Most documentation is routine for freight forwarders and customs brokers, but the exporter is ultimately responsible for the accuracy of his documents." He added.
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According to Mr. Shah, the number and kind of documents, an exporter deals with, varies depending on the destination of the shipment, because each country has different import regulations. He explained the documents required for excise, customs and shipping and the procedures to fill them up. He also explained the procedures for completing documentation and their presentation to banks for negotiations. |
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A view of the participants. |
