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Issue ID: 109936
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What is the process of Export under "Project Export"

Date 24 Feb 2016
Replies 3 Replies
Views 3112 Views
Asked by
Project export procedures: follow central bank guidance for classification and documentation; customs use standard clearance workflows.
The query asks which HS code to use in the shipping bill and what precautions to take when filing ARE-1 for a Project Export. Replies advise consulting the RBI Memorandum of Instructions on Project & Service Exports and paragraph B.22 of the RBI Master Directions for guidance on project and service exports; customs-specific instructions were not identified. Commentators note that export clearance follows standard procedures and electronic filing, so classification and foreign exchange compliance should follow RBI guidance while customs documentation proceeds via normal export clearance workflows. (AI Summary)

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.

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