The information provided here is part of Export Import Online Tutorial
Guidelines to overseas buyers of NIOBIUM. Export guidelines to foreign buyers of unprocessed Ilmenite. How to export Titanium ores? What are the procedures to export TITANIUM ORE concentrates? Export clearance formalities of MOLYBDENUM ORES CONCENTRATES, Tips to exporters of Roasted MOLYBDENUM. Processes to export URANIUM concentrates, Can I export parts of MOLYBDENUM ORES, Is export of THORIUM concentrates permitted?, Export clearance procedures of Uranium ores, Export documents require for Thorium ores, Customs procedures to export TUNGSTUN CONCENTRATES, How to export TUNGSTEN ORES
How to export Ores, Slag and Ash?
This post explains export process of Ores, Slag and Ash, government rules to export Ores, Slag and Ash, different precautions to be taken care to export Ores, Slag and Ash, export documentation to export Ores, Slag and Ash.
If you would like to export Ores, Slag and Ash, detailed general information on how to export has been mentioned in separate article. Learning export process for Ores, Slag and Ash makes easier to you if you can go through the said post.
After choosing your export product as Ores, Slag and Ash 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 Ores, Slag and Ash 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 Ores, Slag and Ash 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 Ores, Slag and Ash. Insurance can be arranged against credit risk and about other risks involved in export of Ores, Slag and Ash. After quality check (QC), proper packing is arranged with Palletization or Crating if required. Type of container is decided if export shipment of Ores, Slag and Ash is on FCL basis otherwise LCL if mode of shipment of Ores, Slag and Ash 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 Ores, Slag and Ash. 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 Ores, Slag and Ash is discounted, arrange for collection or negotiated if export of Ores, Slag and Ash is on Letter of Credit basis.
Any importer or exporter of Ores, Slag and Ash should know HTS code (HS code) of their export product. Ores, Slag and Ash falls under HS code (HTS code) chapter 26 Click here to know 6 digit HS code of your export product. In India Ores, Slag and Ash classified under ITC code (Indian Tariff Code) chapter26.Click here to know 8 digit ITS code, if you export or import from (to) India.
One of the other important requirements to export Ores, Slag and Ash is License from Foreign Trade office .Another requirement to export Ores, Slag and Ash is Test report of analysis from Laboratory.
Some of the items under chapter 26 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 Ores, Slag and Ash.
The above information is a part of Import Export Training online
Also read;
How to export your product?
How to import your product?
Click here to know HS code of your product
What is the ITC code (Indian Tariff Code) of your product?
12 Major risks and solutions in Imports and Exports
Disadvantages of Letter of credit (LC) for Exporter
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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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