What is the process of Export under 'Project Export'

[Arti Gupta]

Sir/ Madame,

I would like to know the process of Export under the 'Project Export' i.e.

1)HS Code Used in the Shipping Bill

2)Precaution to be taken at the time of filing of ARE-1 etc.

Thanks in advance.

AI Summary

Clarify Export Process: Check HS Code and ARE-1 Filing Precautions in RBI's Project Export Instructions and Master Directions. A discussion forum participant inquired about the export process under 'Project Export,' specifically regarding the HS Code used in the shipping bill and precautions during the filing of ARE-1. Respondents suggested consulting the 'MEMORANDUM OF INSTRUCTIONS ON PROJECT & SERVICE EXPORTS' by the RBI and reviewing para B.22 of the RBI Master Directions. Another response highlighted the simplification of export customs clearance procedures post-globalization, noting that electronic systems have streamlined processes significantly, making them comparable to local sales procedures.