Export process from India to Czech Republic
The information given here is about process to export from India to Czech Republic.
There are many types of goods exported from India to Czech Republic. The export formalities and procedures are usually common in almost all countries.
The technical terms used for import and export process could be varied from country to country. However, most of the process to export and import are same.
Like overseas business India to any countries, export of goods to Czech Republic from India is also simple.
In almost all countries, a onetime licensing procedure to act as an Exporter/Importer is required to be completed. In India, IEC number (Import Export Code number) is required to act as an Importer or Exporter.
If you are an exporter in India, you would have already set up an Export company by following necessary government rules and regulations. By choosing your export product to be shipped from Indian port to Czech Republic, you would have sent export samples to your international buyer if required and got approved. After necessary communication with your Czech Republic buyer, on terms of payment and terms of delivery, you arrange to issue proforma invoice, in turn you receive export order followed by purchase order from your overseas buyer. The terms of payment for your export contract between you and Czech Republic buyer, could be advance payment, Documents against Acceptance DA, Documents against Payments DAP, or under Letter of Credit LC. If you as overseas seller in India require to cover credit risk against your overseas buyer in Czech Republic, you can approach concerned authorities to cover insurance. In India, ECGC is the authorized agency who covers such credit risks for Indian exporters as Government of India agency. Being an exporter in India, you will have an idea about other risks involved in export when shipping goods from Indian port to Czech Republic port. The terms of delivery could be EX-Works, FOB, CFR, CIF, DAP, DDP or any other Inco terms. If you would like to arrange finance against export in India, you can approach your bank for preshipmentor post shipment finance against export orders obtained by you.
If any international quality check agencies like SGS,BVQI etc. are involved as per the terms and conditions between you as an exporter in India and your overseas buyer in Czech Republic, such inspection is arranged. After completing necessary quality check (QC) formalities, the goods for export are arranged for proper packing to meet export quality of both exporting country in India and importing country in Czech Republic. Palletization or Crating is arranged for safety of cargo to move from Indian exporter’s location to Importer’s location in Czech Republic. If your export goods are shipped by sea mode of transport, you decide whether the export shipment is by LCL or FCL. Necessary information about shipping of LCL may be collected if sent as LCL. Type of container is decided based on your nature of export goods. When booking cargo from Indian port to Czech Republic port, always research on carriers who provide best rates and service for both air and sea.
Ok, now the shipment is ready for export from India to Czech Republic. The documentation department at Exporter’s office in India prepares export invoice, export packing list etc. based on the purchased order or LC. Application for certificate of origin(GSP – Generalized System of Preference) and other required documents required for importer in Czech Republic are also prepared by exporter in India. Necessary documents required for export customs clearance purpose are forwarded to Customs broker by exporter in India. The export process at customs completes either by customs broker in India or your representative directly. You as an exporter in India decide whether your export shipment is FCL or LCL. Pre shipment inspections like Phyto sanitary, Fumigation etc. if required have to be completed before export of goods from India to Czech Republic.
Bill of Lading or AWB is issued by carrier of goods in load port of India. If consolidator involved, HAWB or HBL is issued accordingly by carrier of export goods. If On Board Bill of Lading required as per buyer’s requirement, you have to wait to get the export shipment goes ‘onboard’ the vessel from load port India. If you export your goods from a dry port, in India, you have to wait till the cargo to go onboard the vessel, if you need On board bill of lading from shipping carrier in India.
After completion of export customs clearance procedures and collection of AWB or Bill of Lading in Indian load port, necessary documents for bank and overseas buyer are prepared by exporter in India. The export bill can be disounted, arrange for collection of payment if on credit basis or negotiated if export shipment is on Letter of Credit basis by exporter in India. If you have availed packing credit from bank, the amount of discounted/negotiatedexport bill amount will be adjusted once bank receives export proceeds from your overseas Czech Republic buyer. If bank does not receive such export proceeds from your overseas buyer in Czech Republic, your bank may crystalize such export bills, you/bank can approach credit insurance company (like ECGC in India) for claim, if such cover done by you or your bank.
After arrival of goods in Czech Republic, necessary import procedures in Czech Republic are undertaken by consignee in Czech Republic or their customs broker.
The process on how to export from India to Czech Republic is explained here. Would you like to add more information about the procedures and formalities to export from India to Czech Republic?
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