Thursday, 19 May 2016

Custom Clearance Procedure & Role of Clearing Agents

Custom clearance process involves preparing and then submitting documents which can facilitate export or import. The laws related to custom clearance differ in each country and it also varies from one port to the other. The custom clearance procedure checks against illegal import and ensure that proper taxes are levied against the import and export of the goods. Importer and exporters should have a valid IEC code (Importer-exporter code) for clearance of goods.

Categories of Import Goods

•    Freely importable goods are goods which can be imported freely under open general license
•    Restricted/ licensed imports require a license
•    Prohibited items cannot be imported from other countries

Categories of Export Goods

•    Freely exportable goods can be freely exported under open general license
•    Negative list of exports include goods which cannot be exported to other countries
•    Restricted/ licensed export are goods which require a license for export

Filing of documents is either done by the agent or the importer. The shipment has to be tracked to ensure timely arrival or else demurrage charges have to be paid to the import handling authority. The essential documents required are bill of lading, packing list, commercial invoice, Freight certificate, Cargo Arrival Notice, purchase order or LC and other specific documents.

Step by Step Process in Export Clearance
•    The export of the cargo from the factory is informed to the export officials
•    An empty container is sent to the factory from the container yard for loading
•    The container is filled in the presence of an excise official
•    The export documents are kept ready
•    The container is loaded , sealed and then sent to the port
•    The documents for custom clearance are filed at the gateway port
•    The container then moves for vessel loading

Role of custom clearing agents

A company that is involved in imports and exports requires the service of a third party namely a custom clearance agent. They are also known as carrying or forwarding agents. Approval and coordination with the regulatory agencies is facilitated by the custom clearance agent. The clearance agent has an understanding of custom rules and ensures compliance with the same. They make sure that the consignment gets cleared within the stipulated time and no demurrage is incurred. They also have responsibilities prior to custom clearance such as gathering documents that need to be submitted from the importer and preparing the custom documents that have to be filed for clearance process. They prepare the bill of entry which is the main document based on which custom approves clearance. It is important to have the right custom clearance agent because warehousing and storage fees increase if the process is not handled smoothly.

Thursday, 3 March 2016

What Makes International Air Freight Firms Vital for A Business

Companies with expertise in International air freight services unquestionably are useful for businesses as well as individuals as one can send anything and everything across the country. No matter, if the cargo you want to export is a document or heavy machinery, it can be sent to another destination via air transportation medium, and this saves time and efforts as well.

Any standard volume cargo packages can be delivered via commercial airline services or cargo jets; while a bulkier cargo needs large airline services for delivery. Shipments can also be delivered via ocean freight, but Air freight services are in comparison reliable. On the other hand, ocean freight can be considered if you are looking for a cheaper delivery.

With increasing establishment of foreign firms in the country international export and import becomes exceedingly common. This further calls upon the need to firms providing air freight solutions for quick delivery of consignments; so that no services are put on hold ensuring that all business operations are running smooth.

Why to Opt for Air Freight Services?

International air cargo handling firms ensures clients of responsive handling of the shipments from source to destination ports. It is quite obvious that businesses are not much familiar with the integral processes of international export or import and therefore employing professional firm becomes vital. Not only the time but the money and efforts are saved as one does not have to involve itself in the daunting procedures incorporated in cargo delivery.

Although from the outside, it might seems like cargo handling involves deposit and delivery of shipments; in fact, the procedure incorporates a number of major to minor operations. It involves registration of all integrated articles, documentation, custom clearance and many more tasks. Security and safety of articles is specially considered in all the processes.

Apart from all these tasks, liaison services in India are among the other important aspects that must be considered while handling export/ import consignments. Communication with government departments and other concerned authorities is imperative and professional cargo executives accomplish this through a proper communication channel. No doubt, full service custom or cargo clearance solution companies play a vital role in reliable delivery of consignments across the continents.