complete import procedure overview
1. purchase order (po) creation:
o finalize the purchase order with the supplier, detailing all terms (., quantity, specifications, incoterms, payment terms).
2. vessel booking:
o book the vessel with a forwarder (fob or direct shipment as per agreed terms).
3. vessel tracking:
o monitor the vessel's movement daily to stay updated on shipment status and estimated arrival dates.
4. document preparation for cha:
o prepare and send the final shipment details with all accurate information to the cha for checklist preparation.
o required documents:
commercial invoice
packing list
bill of lading (bl)
certificate of origin (coo)
certificate of analysis (coa)
5. bill of lading (bl) knowledge:
o understand the two types of bl:
master bl: issued by the shipping line to the forwarder.
house bl: issued by the forwarder to the customer.
o ensure clarity on which bl type applies and its significance in the shipment process.
6. checklist verification:
o carefully review the checklist provided by the cha.
o cross-check details such as hs code, invoice values, and duty calculations (including customs duty, igst, and other applicable charges).
7. confirming the checklist and issuing boe:
o approve the checklist after verification.
o coordinate with the cha to issue the bill of entry (boe) for customs clearance.
8. container dispatch coordination:
o work closely with the cha to ensure smooth dispatch of the containers from the port to your plant.
o arrange transportation and resolve any logistical issues during the process.
9. bank submission:
o submit all necessary documents (boe, invoice, packing list, shipping bill, etc.) to the bank for idpms (import data processing and monitoring system) compliance.
this procedure ensures a thorough understanding of the import process, including key documentation and operational steps.
complete export procedure overview
1. proforma invoice:
o prepare and finalize the proforma invoice for the buy