on 05-06-2008 1:53 PM
Dear SD gurus,
I wan tto know in detail abt export process like. what forms used in exports.
process like which documents involved in export e.g bill of lading ct3 form etc.
wht is deemed export direct export.
what is export under bond.
want to abt accounting entries after billing for export.
hope i will get detail info abt the same.
Regards
dere is no one who can answer my queries.
I hope lot from this forum
Edited by: Sap Sd on May 7, 2008 2:25 PM
hi,
Physical export : Product exported out side the country . Sold against LC ( letter of credit ) . This can be called as Direct Export also.
Documents required to be prepared while physical export : Bill of lading , Cargo manifesto , Certificate of qty and certificate of origion .
This can be with bond or without bond. If you export under bond , duty will be forgone , means , you will be creating ARE otherwise you need to pay duty .
Deemed export : Sale to the customer who is going to export the product after reprocessing in his plant . Here customer is within india.
CT3 : is issued in case of sale to EOU ( Export Oriented Unit ) factories.
CT2 : is issued in case of non - EOU customer ,but he is going to reprocess the product and export .This can be with or without Advance authorisation .
Hope , tried to explain in short the definitions and basic concepts. If u need in detail , i agree with Mr.Lakshmipathi.
Do post if any specific doubt exists.
saravanan
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The question you raised will take lot of time to answer. So what I request you is that please go thru these links and have a fair idea about exports. Once you understood the business process, try to implement in SAP. Still if you face any problems, you are most welcome to post in this forum.
[Export Procedure|http://www.indiandata.com/trade_policy/export_procedures.html]
[Export Procedures|http://www.indianindustry.com/trade-information/documents-required.html]
[Deemed Exports|http://exim.locateindia.com/foreign-trade-policy/deemed-exports.html]
thanks
G. Lakshmipathi
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hi,
What u told is right. still I am not that much comfertable with given info.
want sme detailed info abt the same hope someone will answer me.
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Hi
What you are asking are all basic concepts which are available and require some effort from your side. Check out the Help documentation and you will get much more than what you asked.
Regards
Ramana ND
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