Postal export declarations require exporter identification, parcel and valuation particulars, tax treatment elections, and verification before clearance. Postal Bill of Export-II requires postal exporters to furnish exporter, parcel, consignee, product, valuation, invoice, duty and tax particulars. ... Summary
Postal export declarations require exporter identification, parcel and valuation particulars, tax treatment elections, and verification before clearance.
Postal Bill of Export-II requires postal exporters to furnish exporter, parcel, consignee, product, valuation, invoice, duty and tax particulars. Exporters must declare intended claims for export rewards where applicable, zero-rated export treatment, and applicable GST exemptions, while certifying the truth and correctness of the information. The form records product classification, assessable and FOB values, invoice and tax details, and applicable LUT or bond particulars. It also provides for customs examination and issuance of the Let Export Order.
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