The information provided here is part of Guide on howtoexport and import
How to export Petroleum Oils obtained from bituminous minerals, Can I export Liquified Propane? Guidelines to exporters of Jute batching .How to export textile oil. Formalities to export Lubricating oil, Shipping procedures required to export Fuel oil, How to ship Base oil? Guidelines to overseas buyers of Light diesel oil (LDO). Export guidelines to foreign buyers of Aviation turbine fuel (ATF). How to export High speed diesel (HSD)? What are the procedures to export Superior kerosene oil (SKO)? Export clearance formalities of Natural Gasoline liquid (NGL), Tips to exporters of with nominal boiling point range 55 - 115 degC . Processes to export Light Oils, Can I export parts of PETROLEUM OILS AND OILS OBTAINED FROM BITUMINOUS MINERALS, CRUDE, Is export of Special boiling point spirits permitted?, Export clearance procedures of coal tar distillates, Export documents require for Pitch coke, Customs procedures to export creosote oil, How to export Pitch Obtained by blending with Liquified Natural gas.
How to export Mineral Fuels, Mineral Oils, Bituminous Substances, Mineral Waxes ?
This post explains export process of Mineral Fuels, Mineral Oils, Bituminous Substances, Mineral Waxes , government rules to export Mineral Fuels, Mineral Oils, Bituminous Substances, Mineral Waxes , different precautions to be taken care to export Mineral Fuels, Mineral Oils, Bituminous Substances, Mineral Waxes , export documentation to export Mineral Fuels, Mineral Oils, Bituminous Substances, Mineral Waxes .
If you would like to export Mineral Fuels, Mineral Oils, Bituminous Substances, Mineral Waxes, detailed general information on how to export has been mentioned in separate article. Learning export process for Mineral Fuels, Mineral Oils, Bituminous Substances, and Mineral Waxes makes easier to you if you can go through the said post.
After choosing your export product as Mineral Fuels, Mineral Oils, Bituminous Substances, Mineral Waxes and export samples are sent, terms of payment and terms of delivery are agreed with your overseas buyer along with other terms and conditions and issue proforma invoice, in turn you receive export order for Mineral Fuels, Mineral Oils, Bituminous Substances, Mineral Waxes followed by purchase order from your overseas buyer. The terms of payment for your export contract could be advance payment, Documents against Acceptance DA, Documents against Payments DAP, or under Letter of Credit LC, and the terms of delivery for your export of Mineral Fuels, Mineral Oils, Bituminous Substances, Mineral Waxes might be EX-Works, FOB, CFR, CIF, DAP, DDP or any other Inco terms. The finance against export can be arranged from your bank for pre shipment packing creditor post shipment finance against export orders for Mineral Fuels, Mineral Oils, Bituminous Substances, Mineral Waxes . Insurance can be arranged against credit risk and about other risks involved in export of Mineral Fuels, Mineral Oils, Bituminous Substances, Mineral Waxes . After quality check (QC), proper packing is arranged with Palletization or Crating if required. Type of container is decided if export shipment of Mineral Fuels, Mineral Oils, Bituminous Substances, Mineral Waxes is on FCL basis otherwise LCL if mode of shipment of Mineral Fuels, Mineral Oils, Bituminous Substances, Mineral Waxes is by sea. Export invoice, export packing list ,certificate of origin (GSP – Generalized System of Preference) and other documents are prepared based on the purchased order or LC to export Mineral Fuels, Mineral Oils, Bituminous Substances, Mineral Waxes . After completion of export customs clearance either by exporter or his Customs broker, Bill of Lading or AWB is issued by carrier, if consolidator involved, HAWB or HBL is issued. The documents for export of Mineral Fuels, Mineral Oils, Bituminous Substances, Mineral Waxes is discounted, arrange for collection or negotiated if export of Mineral Fuels, Mineral Oils, Bituminous Substances, Mineral Waxes is on Letter of Credit basis.
Any importer or exporter of Mineral Fuels, Mineral Oils, Bituminous Substances, Mineral Waxes should know HTS code (HS code) of their export product. Mineral Fuels, Mineral Oils, Bituminous Substances, Mineral Waxes falls under HS code (HTS code)chapter 27.
Click here to know 6 digit HS code of your export product. In India Mineral Fuels, Mineral Oils, Bituminous Substances, Mineral Waxes classified under ITC code (Indian Tariff Code)chapter 27 Click here to know 8 digit ITS code, if you export or import from (to) India.
Permit from Foreign Trade office also may be required if applicable to export Mineral Fuels, Mineral Oils, Bituminous Substances, Mineral Waxes under chapter 27of HS code (HTS code).Some of the items under chapter 27 of HS code may be restricted to export.
Some of the items under chapter 27 of HS code may be restricted or prohibited to export. Unilateral trade agreement, multilateral trade agreement or bilateral trade agreement between countries simplifies documentation and other formalities and process for export of Mineral Fuels, Mineral Oils, Bituminous Substances, Mineral Waxes.
The above information is a part of Online export import training guide
Also read;
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Click here to know HS code of your product
What is the ITC code (Indian Tariff Code) of your product?
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The above post commonly answers the questions below. However, you may contact concerned authorities to collect accurate information on export of your product:
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