What Is Custom Clearance & The Responsibilities Of A Clearing Agent?

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Fast Clearing Forwarding Agency
Clearing agent facilitates the smooth clearing
process.
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Responsibilities of Clearing Agent

• Prepare invoice
• Prepare and handle documents
• Post shipment formalities
• Networking with government organizations. For
  example, a custom clearing agent in Delhi would
  have a network across surrounding states such as
  Rajasthan, Punjab and NCR.

Address 53/6, Old Rajinder Nagar, Delhi Email
fastclearingandforwarding_at_gmail.com Ph
No. 011-25785096
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Categories of Import Export 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 Categorie
s 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
Address 53/6, Old Rajinder Nagar, Delhi Email
fastclearingandforwarding_at_gmail.com Ph
No. 011-25785096
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Steps 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

Address 53/6, Old Rajinder Nagar, Delhi Email
fastclearingandforwarding_at_gmail.com Ph
No. 011-25785096
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Steps in Import Clearance

• Filling of bill of entry through electronic data
  interface or manually
• After cargo arrives in port, the carrier of
  goods files Import General Manifest (IGM) with
  the customs department
• Each aircraft has one IGM number and each
  consignment has a line number which is entered in
  the bill of entry
• Finally processing of bill of entry occurs after
  appraisal and assessment

Address 53/6, Old Rajinder Nagar, Delhi Email
fastclearingandforwarding_at_gmail.com Ph
No. 011-25785096
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Role of Clearing Agents

• They are also known as carrying or forward
  clearing agents
• They ensure compliance with custom rules
• Ensure clearance of goods within stipulated time
  and avoid demurrage
• Prepare and submit documents such as bill of
  entry, for clearance process

Address 53/6, Old Rajinder Nagar, Delhi Email
fastclearingandforwarding_at_gmail.com Ph
No. 011-25785096
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