The information provided here is part of Import Export online Training
How to export Cocoa and Cocoa Preparations?
This post explains export process of Cocoa and Cocoa Preparations, government rules to export Cocoa and Cocoa Preparations, different precautions to be taken care to export Cocoa and Cocoa Preparations, export documentation to export Cocoa and Cocoa Preparations.
If you would like to export Cocoa and Cocoa Preparations, detailed general information on how to export has been mentioned in separate article. Learning export process for Cocoa and Cocoa Preparations makes easier to you if you can go through the said post.
After choosing your export product as Cocoa and Cocoa Preparations 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 Cocoa and Cocoa Preparations 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 Cocoa and Cocoa Preparations 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 preshipment packing creditor post shipment finance against export orders for Cocoa and Cocoa Preparations. Insurance can be arranged against credit risk and about other risks involved in export of Cocoa and Cocoa Preparations. After quality check (QC), proper packing is arranged with Palletization or Crating if required. Type of container is decided if export shipment of Cocoa and Cocoa Preparations is on FCL basis otherwise LCL if mode of shipment of Cocoa and Cocoa Preparations 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 Cocoa and Cocoa Preparations. 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 Cocoa and Cocoa Preparations is disounted, arrange for collection or negotiated if export of Cocoa and Cocoa Preparations is on Letter of Credit basis.
Any importer or exporter of Cocoa and Cocoa Preparations should know HTS code (HS code) of their export product. Cocoa and Cocoa Preparations falls under HS code (HTS code)chapter 18 Click here to know 6 digit HS code of your export product. In India Cocoa and Cocoa Preparations classified under ITC code (Indian Tariff Code)chapter 18 Click here to know 8 digit ITS code, if you export or import from (to) India.
Food safety clearance may be required to obtain for export of Cocoa and Cocoa Preparations items. Phyto sanitation certification also may be required if applicable to export Cocoa and Cocoa Preparations under chapter 18 of HS code (HTS code).
The above information is a part of Export Import Training course 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:
Export guidelines to foreign buyers of Cocoa and Cocoa products. How to export COCOA BEANS? What are the procedures to export COCOA SHELLS? Export clearance formalities of COCOA HUSKS, Tips to exporters of COCOA SKINS. Processes to export COCOA WASTE, Can I export parts of COCOA PASTE, Is export of DEFATTED COCOA permitted?, Export clearance procedures of COCOA BUTTER, Export documents require for COCOA fat and oil, Customs procedures to export COCOA POWDER, How to export COCOA CHOCOLATE?, Processes to export Spreads containing cocoa.