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