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Shipping Bill

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..... Sir, Pls let me know the total no.of copies of shipping bills with its purpose. - Reply By Pradeep Khatri - The Reply = Types of Shipping Bills:- 1. Free Shipping Bill: When a Shipper does not want to claim any export benefit, A Free Shipping Billing is filed for shipments. 2. Drawback Shipping Bill: Whenever the Shipper wants to claim Drawback as an export benefit, a Drawback Shipp .....

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..... ing Bill is filed for shipments. The Shipper must have a valid account with the SBI, Air Cargo Complex , which enables him to file Drawback Shipping Bill at Customs EDI Systems.If a Shipper initially wish to open an account with the minimum deposit amount is Rs.10,000/-. Such Bank Account permits the Authorities to deposit the Drawback amount due to the Shipper, into the Account. The Customs EDI .....

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..... Systems at Air Cargo Complex at Mumbai will reject the Application claiming Drawback Shipping Bill when the Shipper does not maintain an account with SBI. 3. DEPB Shipping Bill (Duty Entitlement Pass Book Scheme): If a Shipper is exporting an item, the rate of which is fixed under DEPB for the serial number of item being exported the following documents are required to be submitted. The Cleara .....

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..... nce may be permitted under Provisional basis, if the product is listed in the DEPB Book and the rate is not fixed. The client cannot claim DEPB if not listed in the DPEB Book. Provisional to finalization of the post cleared Shipping Bill needs to be handled by Shipper on his own. Due to closure of this scheme, this type of S/B is no more in use. 4. DEEC Shipping Bill (Duty Exemption Entitlement .....

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..... Certificate): a. For a one time DEEC Registration, the following documents are required Annexure for DEEC Declaration Advance License original DEEC Book or copies of complete set of application along with Joint Director Foreign Trade (JDFT) acknowledgement of receipt of registration DEEC declaration stating it's an exempted material (if not already stated on the Invoice) Appendix I .....

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..... II: if claim of Drawback with DEEC (An SBI account at the Air Cargo Complex branch, Meenambakkam, Chennai is must - b. Once the DEEC Registration is complete, the Shipper should submit the following DEEC Declaration Appendix II Declaration stating it's an exempted item (if not already stated on the Invoice) A Chartered Engineer's Certificate for all shipments containing "Engineeri .....

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..... ng Products" forwarded under DEEC Shipping Bills is required by the Indian Customs at Mumbai Airport Shippers who are classified the status of 100% EOU (Export Oriented Unit) must export their shipments under the Bond Shipping Bill 5. Bond Shipping Bill: For export under a Bond Shipping Bill, the following documents are required to be submitted Annexure C1 Form - Duly filled, signed .....

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..... and stamped with the seal of the Examining Officer of the Excise Department, and countersigned by the Superintendent of the Excise Department 6. Dutiable Shipping Bill: Duty for Exports is levied on the Shipper for export of items like Coffee, Mica, Raw Cotton, Raw Wool, Tea, Tobacco, etc. Such items can only be cleared through customs against a Dutiable Shipping Bill, which is the only form .....

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..... of Shipping Bill that is handled manually by customs. Export Duty should be paid by the shipper - Shipping Bill - Query Started By: - Mridul Sethi Dated:- 20-9-2012 Customs - Import - Export - Customs - SEZ - Got 1 Reply - Customs - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com .....

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..... - TMI - TaxTMI - TMITax .....

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