#EPCG Scheme

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EXIM Advisory provides experienced EPCG Consultants to assist companies in availing duty-free import of capital goods advantage under the EPCG Scheme with complete compliance assistance.

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Exim Advisory offers EPCG Consultants services to exporters to save import duty, stay compliant and maximize benefits under the Export Promotion Capital Goods scheme.

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Exim Advisory provides professional EPCG consultant to assist exporters in minimizing import duties on capital goods legally and effectively under the EPCG scheme to maximize benefits and ensure compliance for your export-driven business.

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Why the EPCG Scheme Matters – Insights by EVTL India

The EPCG Scheme offered by EVTL India helps businesses reduce customs duties on capital goods imports, promoting the import of advanced technology. EVTL India’s expert consultants provide end-to-end support to navigate the EPCG process, ensuring compliance and maximizing benefits.

📞 𝗖𝗮𝗹𝗹 𝘂𝘀: +91 9560935898, 9354046392 📧 𝗘𝗺𝗮𝗶𝗹: contact@evtlindia.com

[eximconsultants]

Best Epcg Scheme Consultants in Delhi

Exim Consultants, the best EPCG Scheme Consultants in Delhi, provide expert guidance for obtaining and managing your EPCG license. We simplify the process, ensuring compliance with all government regulations while maximizing your benefits under the scheme. Expand your business with our tailored export-import solutions. Trust Exim Consultants for hassle-free EPCG assistance and reliable trade advisory services!

Exim Consultants 705-707, Ansal Vikas Deep Building, Laxmi Nagar, Vikas Marg, Delhi-110092 Phone No- +91-9818224440 Email - info@eximconsultancy.co.in Visit - https://www.eximconsultancy.co.in/export-promotion-capital-goods-epcg-license

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Advance Authorisation Scheme vs. EPCG Scheme: What’s the Difference?

When it comes to promoting exports, India has set up several schemes to facilitate and incentivize corporations. Among these, the Advance Authorisation Scheme and the Export Promotion Capital Goods (EPCG) Scheme stand out as important equipment for exporters. While both schemes aim to decorate export competitiveness, they fluctuate appreciably of their structures, eligibility criteria, and benefits. In this weblog, we can explore the important differences between the Advance Authorisation Scheme and the EPCG Scheme, helping businesses determine which choice is ideal for their wishes.

1. Understanding the Schemes

Advance Authorisation Scheme is designed to allow exporters to import inputs and uncooked substances duty-loose, which can be vital for generating goods with a view to be exported. This scheme pursuits to reduce the value of production for exporters, thereby boosting their competitiveness within the international marketplace.

On the other hand, the difference between Advance Authorisation and EPCG permits import of capital goods at zero customs responsibility for generating items to be exported. The number one consciousness of this scheme is to inspire modernization of manufacturing centers and decorate performance by permitting the import of advanced machinery and equipment.

2. Key Differences in Purpose

Purpose of Advance Authorisation Scheme:

Aims to guide exporters by means of lowering the price of uncooked substances required for generating goods supposed for export.

Purpose of EPCG Scheme:

Focuses on enhancing production capability and performance by way of facilitating the import of capital items.

3. Eligibility Criteria

Understanding the eligibility criteria is essential when thinking about the 2 schemes:

Advance Authorisation Scheme Eligibility:

Available to producer exporters and service provider exporters.

Requires a dedication to fulfill export duties based totally at the responsibility saved through responsibility-free imports.

EPCG Scheme Eligibility:

Open to producers and provider companies engaged in export sports.

Applicants must demonstrate a need for capital items so one can beautify their production talents and fulfill export obligations.

4. Key Benefits Comparison

The benefits provided by means of each scheme range, making it crucial for exporters to evaluate which aligns better with their business dreams.

Advance Authorisation Scheme Benefits:

Duty-Free Imports: Import of uncooked substances without customs duty.

Cost Reduction: Reduces the overall production fee, taking into consideration aggressive pricing in global markets.

Flexibility in Exports: Allows exporters to select the substances they want for production.

Advance Authorisation vs EPCG benefits: 

Zero Customs Duty: Import capital goods without customs obligation, selling modernization.

Longer Export Obligation Period: Provides an extended time frame (up to 6 years) to satisfy export obligations.

Increased Production Capacity: Enables organizations to enhance their production capacity and fine.

5. Obligation and Compliance

Both schemes impose unique obligations on exporters, but the nature and conditions fluctuate:

Advance Authorisation Scheme Compliance:

Exporters need to export finished items that use the responsibility-free imported inputs inside a special time frame (generally 18 months).

EPCG Scheme Compliance:

Importers must fulfill export responsibilities equal to 6 instances of the responsibility stored, typically within 6 years from the date of issuance of the EPCG authorization.

6. Calculation of Duty Savings

Duty Calculation in Advance Authorisation:

Based on the inputs imported duty-free and the corresponding export cost.

Duty Calculation in EPCG Scheme:

Calculated based totally on the whole duty saved on imported capital items.

7. Choosing the Right Scheme

When finding out between the Advance Authorisation Scheme and the EPCG Scheme, agencies have to don't forget numerous elements:

Nature of Business: Companies that specialize in uncooked material imports for instant export production may benefit greatly from the Advance Authorisation Scheme, whilst the ones trying to put money into equipment for lengthy-term manufacturing might select the EPCG vs Advance Authorisation eligibility.

Production Capacity Needs: If the objective is to modernize production competencies, the EPCG Scheme is extra suitable. Conversely, if decreasing on the spot production fees is a priority, the Advance Authorisation Scheme has to be considered.

Both the Advance Authorisation Scheme and the EPCG Scheme play critical roles in enhancing India's export potential. While they share the common aim of promoting exports, their goals, eligibility standards, and advantages cater to unique factors of the export technique. Understanding the distinction between Advance Authorisation and EPCG can help exporters make knowledgeable decisions and pick the scheme that satisfactorily aligns with their commercial enterprise techniques.

Whether choosing the Advance Authorisation Scheme or the EPCG Scheme, groups can appreciably enhance their operational performance and export competitiveness in the modern-day dynamic worldwide marketplace.

[dgftguru]

What is the Average Export Obligation in the EPCG Scheme

To encourage and facilitate exports, governments often introduce various schemes and incentives. One such scheme is the Export Promotion Capital Goods (EPCG) Scheme, which offers benefits to exporters in India. Within this scheme, the concept of the Average Export Obligation holds great significance.

The EPCG Scheme encompasses two distinct types of export obligations, which can be delineated as follows:

Specific Export Obligation, which is equivalent to six times the value of the duty saved.

Average Export Obligation.

Now, let's delve into the concept of Average Export Obligation within the framework of the EPCG Scheme.

What is the Export Promotion Capital Goods (EPCG) Scheme?

The Export Promotion Capital Goods (EPCG) Scheme is designed to promote the import of capital goods, enhancing India's manufacturing competitiveness and facilitating the production of high-quality goods and services.

This scheme permits the importation of capital goods with zero customs duty for pre-production, production, and post-production purposes. Furthermore, capital goods imported under the EPCG Scheme for physical exports were also granted exemptions from IGST and Compensation Cess until March 31, 2020.

Alternatively, exporters have the option to procure capital goods from the domestic market in accordance with the provisions outlined in paragraph 5.07 of the Foreign Trade Policy (FTP). Capital goods, within the context of the EPCG Scheme, encompass:

Capital goods as defined in Chapter 9 of the FTP.

Computer systems and associated software are integral to capital goods.

Spare parts, moulds, dies, jigs, fixtures, tools, and refractories.

Catalysts for initial charge along with one subsequent charge.

The EPCG Scheme extends its coverage to various categories, including manufacturer exporters, with or without supporting manufacturer(s), merchant exporters affiliated with supporting manufacturer(s), and service providers.

What is the Average Export Obligation?

Average Export Obligation refers to the average export performance achieved in the preceding three licensing years for identical or similar products. This average export obligation is determined and established at the time of issuance of the EPCG licence, taking into account the export turnover of the previous three years.

To adhere to the Average Export Obligation, an exporter must meticulously maintain accurate records of the average turnover for similar goods and services over the three preceding financial years, continuing this record-keeping until the specific export obligation is fulfilled.

The primary objective behind the Average Export Obligation is to ensure that the average export performance reaches a specified threshold.

Under this obligation, the Directorate General of Foreign Trade (DGFT) expects exporters to monitor and maintain a record of their export performance for all preceding years diligently.

Computation of Annual Average Export Obligation under EPCG

In accordance with the policy, the Authorization holder must uphold the average export levels attained in the three preceding licensing years for identical or similar products during the entire Export Obligation (EO) period, including any extensions. This average is determined as the arithmetic mean of export performance in the preceding three licensing years for the same and similar products.

Calculation of the annual average export obligation under the EPCG Scheme involves specific guidelines to ensure accuracy and fairness.

When considering EPCG authorizations issued within a given licensing year, it's important to note that any specific Export Obligations undertaken for the same or similar products under EPCG Authorizations in the preceding three years should not be factored into the calculation.

For entities with a track record spanning more than three years, the exports for each of the past three years (even if some years recorded zero exports) are totalled, and the resulting aggregate export value is divided by three. This method ensures that the annual average export obligation is based on a balanced assessment of recent export performance.

On the other hand, if an entity has been in operation for less than three years, the denominator in the calculation mentioned above will be the actual number of years in existence, rather than the standard three-year period. This adjustment accommodates newly established businesses and ensures that the calculation is equitable.

Penalties for Non-Compliance with Export Obligations

When dealing with the Average Export Obligation, there is no leniency granted. Exporters must fulfil the 100% requirement of the average export obligation. In cases where an EPCG licence holder fails to meet the criteria for average export obligation, they are obligated to remit the customs duties along with a 15% annual interest to the customs department.

Alternatively, if an authorization holder successfully meets the average export obligation but falls short of fulfilling the 100% specific export obligation, they will be required to pay the proportional amount of the duty saved, along with an annual interest rate of 15%.

Exemptions from Average Export Obligation under the EPCG Scheme

In the context of the EPCG Scheme, certain categories of goods are exempted from the requirement to maintain an average export obligation. These categories include:

(i) Handicrafts,

(ii) Handlooms,

(iii) Cottage & Tiny sector,

(iv) Agriculture,

(v) Aqua-culture (including Fisheries), Pisciculture,

(vi) Animal husbandry,

vii) Floriculture & Horticulture,

(viii) Poultry,

(ix) Viticulture,

(x) Sericulture,

(xi) Carpets,

(xii) Coir, and

(xiii) Jute.

Summary

The Average Export Obligation is a critical element of the EPCG Scheme in India, aimed at promoting consistent and sustained export performance among eligible exporters. While it imposes certain responsibilities on exporters, compliance is essential to unlock the benefits offered by the scheme.

By maintaining a strong export record and understanding the intricacies of the Average Export Obligation, exporters can leverage this scheme to expand their global reach and contribute to the growth of the Indian economy.

[everfastfrieght]

How Import Export Solutions in India Help Businesses Go Global

India’s expanding role in global commerce has opened new avenues for businesses eager to explore international markets. However, navigating the complexities of cross-border trade requires more than just ambition. It demands expertise, compliance, and strategic planning—exactly what import export solutions in India are designed to deliver.

What Do Import Export Solutions Involve?

Import export solutions in India are end-to-end services that simplify and manage the trade process for businesses. These solutions are especially useful for small and medium-sized enterprises (SMEs) that may not have the internal resources to handle regulatory requirements, shipping logistics, or international documentation.

Services typically include:

Preparation of import/export documentation

Customs clearance assistance

Licensing and compliance support

Freight forwarding and transportation management

Trade finance and insurance guidance

Help with duty drawbacks and government incentive schemes

Benefits of Using Import Export Solutions in India

Choosing to work with a professional service provider offers a wide range of benefits for businesses involved in international trade.

Key advantages:

Error-Free Documentation: Experts ensure every document—such as invoices, shipping bills, and certificates—is accurate and complete.

Efficient Logistics Management: Optimize shipping routes and delivery timelines with coordinated freight and cargo services.

Simplified Customs Processes: Avoid costly delays and penalties with help from professionals familiar with Indian customs regulations.

Access to Global Markets: Focus on expansion while the technicalities of trade are handled by your support team.

Strategic Trade Advice: Receive guidance on market opportunities, tariff rates, and regulatory updates.

Why Indian Businesses Should Invest in These Solutions

India’s trade landscape has been undergoing rapid transformation. Government initiatives such as Make in India, Digital India, and Ease of Doing Business have improved the country’s logistics, port infrastructure, and customs systems.

With professional import export solutions in India, businesses can:

Take advantage of Export Promotion Capital Goods (EPCG) schemes

Apply for Remission of Duties and Taxes on Exported Products (RoDTEP)

Comply with DGFT and FEMA regulations

Reduce overall costs through duty exemptions and efficient processes

Choosing the Right Service Provider

Finding the right partner for import export solutions in India is critical for long-term success. Look for companies that offer:

Transparent pricing and service agreements

Tailored solutions for different industries (e.g., textiles, electronics, pharmaceuticals)

Proven experience and satisfied client base

Real-time shipment tracking tools

Ongoing support and regular trade compliance updates

A good service provider will go beyond paperwork—they act as a strategic partner who helps you grow globally.

Conclusion

International trade is filled with opportunities, but it also comes with challenges. With the right import export solutions in India, businesses can confidently enter global markets, meet compliance standards, and run smooth, cost-effective operations. From logistics to legal formalities, these solutions make the import-export journey more efficient and secure—paving the way for sustainable global growth.

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Shaping India’s Global Trade Landscape Through Policy Reforms

India's rise as a prominent global exporter has not happened overnight. Behind this steady growth lies a robust framework of trade regulations, strategic reforms, and export-friendly initiatives that continue to shape the nation's economic direction. The country’s export performance—especially in agriculture, textiles, and pharmaceuticals—owes much to forward-thinking trade policies that have adapted to both domestic needs and global market demands.

One of the most influential tools in this journey has been the evolving Indian foreign trade policy. Designed to promote sustainable growth, improve competitiveness, and simplify export processes, this policy plays a crucial role in encouraging Indian businesses to expand into international markets.

Key Highlights of India’s Trade Policy Approach

India’s trade policy goes beyond paperwork and export incentives—it aims to build a dynamic ecosystem for exporters. Here are a few impactful features that have supported export-led growth:

Simplified Documentation Digital platforms have streamlined export registrations, licensing, and compliance procedures, making it easier for MSMEs to go global.

Sector-Specific Incentives Export Promotion Capital Goods (EPCG) schemes, Duty Drawback, and interest subsidies have been key motivators in industries like textiles, engineering goods, and agriculture.

Global Market Diversification Bilateral trade agreements and participation in multilateral platforms have opened up new markets in Southeast Asia, Africa, and the Middle East.

Focus on Quality and Standards Emphasis on quality certifications and global standards ensures Indian products remain competitive and trustworthy on the world stage.

A great example of this is the agricultural sector, where policy support has significantly boosted global demand. As a result, rice exporters in India have gained access to over 150 countries, helping India maintain its position as one of the top rice-exporting nations in the world.

Looking Ahead

As India strengthens its global trade footprint, future policies are expected to focus on green logistics, e-commerce exports, and strengthening the Free Trade Agreement (FTA) network. The goal is not just growth in numbers but building a resilient, diversified export base that drives inclusive development.

With a strategic blend of innovation, digitalization, and supportive policy frameworks, India is well on its way to becoming a global export powerhouse.

[sohamma]

Customs Clearance Agent in Mumbai: Seamless Trade Solutions with Sohamma International

International trade involves navigating complex customs regulations, and a reliable customs clearance agent can make all the difference. For businesses seeking a trusted Customs Clearance Agent in Mumbai, Sohamma International Pvt. Ltd. delivers expert, efficient, and cost-effective solutions. Located at 209, Hariom Plaza, M.G. Road, Borivali (East), Mumbai, Sohamma has over 24 years of experience in customs clearance, DGFT consultancy, and trade incentives. This article explores why Sohamma International is the top choice for customs clearance in Mumbai and how their services streamline your import and export operations.

Why Choose Sohamma International for Customs Clearance in Mumbai?

Sohamma International is a premier customs clearance and trade consultancy firm, known for its professionalism and client-focused approach. Here’s why they are the Best Customs Clearance Agent in Mumbai:

1. Expertise Across Import and Export Clearance

Sohamma provides comprehensive customs clearance services for air, sea, and land shipments at Mumbai’s key ports, including Nhava Sheva (JNPT) and Mumbai Airport. Their team is proficient in handling compliance for schemes like EPCG, Advance Authorisation, Duty Drawback, DEEC, and DFRC, ensuring smooth clearance processes.

2. Specialized Handling of Capital Goods

Sohamma excels in clearing new and second-hand capital goods, such as industrial machinery and manufacturing equipment. They manage necessary approvals, including Chartered Engineer Certification (CEC) and DGFT permissions, making imports under the EPCG scheme hassle-free.

3. Proven Industry Experience

With 24 years of service and a client base of over 500 reputed manufacturers, MNCs, and service providers, Sohamma has a proven track record of reliability. Their expertise minimizes delays, reduces costs, and ensures timely delivery of goods.

4. 24/7 Support and Accessibility

Sohamma offers round-the-clock customer support to address urgent clearance needs. Contact their team at +91-9870276094 or via email at ramesh@sohamma.com for immediate assistance, ensuring your shipments stay on schedule.

5. Cost-Effective and Transparent Pricing

Sohamma provides tailored solutions to optimize cash flow and minimize duties, leveraging incentives like Duty Drawback and EPCG benefits. Their transparent pricing ensures no hidden costs, making customs clearance affordable and predictable.

Services Offered by Sohamma International

Sohamma provides a wide range of customs and trade-related services, including:

Import and Export Clearance: Managing documentation, duty payments, and compliance for shipments at Mumbai Port, Nhava Sheva, and Mumbai Airport.

EPCG Scheme Assistance: Facilitating zero-duty imports of capital goods with export obligation compliance.

Advance Authorisation: Supporting duty-free imports of raw materials for export production.

Duty Drawback Claims: Assisting exporters in claiming refunds on duties paid for imported goods used in exports.

Second-Hand Machinery Imports: Handling approvals and certifications for used equipment imports.

DGFT Consultancy: Guidance on Import Export Code (IEC), REX, AEO, and other trade licenses.

Post-Clearance Support: Ensuring compliance with DGFT norms and tracking export obligations.

Benefits of Hiring a Customs Clearance Agent in Mumbai

Partnering with Sohamma International for Customs Clearance in Mumbai offers several advantages:

Efficient Processes: Expert handling of Bills of Entry, Shipping Bills, and other documents reduces delays and penalties.

Cost Optimization: Maximize duty exemptions and trade incentives to lower import costs.

Regulatory Compliance: Stay aligned with Indian customs laws and international trade standards.

Time Savings: Fast-track clearance through green channels and streamlined coordination with customs authorities.

Comprehensive Support: End-to-end assistance, from documentation to delivery, simplifies your trade operations.

Why Mumbai is Ideal for Customs Clearance

Mumbai, India’s commercial capital, is a major hub for international trade, with key ports like Nhava Sheva (JNPT) and Mumbai Airport handling a significant share of India’s imports and exports. Its robust logistics infrastructure and proximity to industrial hubs like Borivali, Andheri, and Navi Mumbai make it an ideal location for customs clearance. Sohamma’s expertise ensures businesses in these areas benefit from seamless trade operations.

How to Engage Sohamma International for Customs Clearance

Starting your customs clearance process with Sohamma is straightforward:

Visit www.sohamma.com to explore their services.

Contact their team at +91-9870276094 or email ramesh@sohamma.com to discuss your shipment details.

Share information about your cargo, including type, value, and destination.

Receive expert guidance on documentation, duties, and compliance requirements.

Enjoy seamless clearance and timely delivery of your goods.

Tips for a Smooth Customs Clearance Process

To ensure a hassle-free experience with Sohamma International, follow these tips:

Prepare Accurate Documents: Provide complete documents, such as commercial invoices, packing lists, and Certificates of Origin, to avoid delays.

Leverage Trade Incentives: Work with Sohamma to utilize schemes like EPCG or Duty Drawback for cost savings.

Communicate Needs Clearly: Specify urgent clearance or special handling requirements for tailored solutions.

Monitor Shipments: Stay informed about your shipment’s status with Sohamma’s tracking support.

Conclusion For the Best Customs Clearance Agent in Mumbai, Sohamma International Pvt. Ltd. offers unmatched expertise, efficiency, and customer-focused solutions. With 24 years of experience, a skilled team, and a commitment to compliance, Sohamma ensures your import and export processes are seamless and cost-effective. Whether you’re clearing capital goods, claiming Duty Drawback, or navigating DGFT regulations, Sohamma is your trusted partner in Mumbai. Contact them at +91-9870276094 or visit Sohamma to streamline your customs clearance today!

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EXIM Advisory offers professional help in procuring an EPCG License for problem-free import of capital goods with duty advantages under the norms of DGFT.

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Exim Advisory provides professional assistance in procuring EPCG License to enable firms to lower import levies and support exports effectively through DGFT-approved mechanisms and end-to-end support.

[legalservicebusiness]

Exim Advisory provides expert EPCG License services, helping exporters reduce import duties on capital goods and boost global trade competitiveness.

[islf13]

EOU Consultancy Services in India – Setup, Compliance & Export Benefits

Get expert EOU consultancy services in India for setting up Export Oriented Units, availing duty benefits, and ensuring 100% compliance with DGFT, SEZ, and Customs regulations.

EOU Consultancy – Expert Solutions for Export-Oriented Units in India

In India’s push to boost exports and integrate with global markets, Export Oriented Units (EOUs) have emerged as vital contributors. To maximize the benefits and ensure regulatory compliance, businesses are increasingly turning to professional EOU consultancy services. These experts guide companies through the complex framework of EOU policies, licensing, duty exemptions, and operational procedures.

Whether you're planning to set up an EOU or looking to optimize your existing unit, the right consultancy partner can make a significant difference. Our specialized EOU Consultancy services are designed to simplify the legalities and unlock export incentives for manufacturers and service providers alike.

🔹 Comprehensive EOU Setup and Licensing Support

Setting up an EOU under the Foreign Trade Policy involves several regulatory approvals from the Development Commissioner and Customs. EOU consultants provide end-to-end support, from feasibility analysis and application drafting to document submission and liaison with government bodies. They ensure that businesses are aligned with the eligibility criteria, product/service specifications, and export commitment requirements.

Having a reliable consultant minimizes delays and ensures faster establishment of your export unit.

🔹 Duty Exemption and Incentive Planning

One of the major advantages of the EOU scheme is the duty-free import of raw materials, capital goods, and consumables. EOU consultants help you take full advantage of available fiscal incentives under GST, Customs, and FTP provisions. This includes navigating rules for IGST exemptions, EPCG benefits, and advance authorizations—leading to significant cost savings.

A good EOU consultancy partner ensures your import/export activities are optimized for tax efficiency while remaining fully compliant.

🔹 Customs Compliance and Bonding Procedures

EOUs are subject to stringent customs compliance such as warehousing under bond, periodical returns, and re-warehousing certificates. EOU consultants manage these procedures meticulously, ensuring error-free documentation, electronic filing, and coordination with customs officers. They also assist in setting up bonded premises and obtaining CT-3 certificates for duty-free procurement.

Proper compliance prevents unnecessary penalties, delays, and audit issues that can hurt your operations.

🔹 EOU Conversion, Exit, and De-Bonding Support

Businesses may wish to exit the EOU scheme or convert to a DTA (Domestic Tariff Area) unit. Consultants guide you through the de-bonding process, including duty payments, NOCs, and clearance of capital goods. They ensure you meet post-exit conditions, including export obligations and final reconciliations with the authorities.

Having experienced consultants during conversion or exit ensures a smooth transition with no regulatory setbacks.

✅ Benefits of Choosing EOU Consultancy Services

Expert navigation of complex FTP, GST, and Customs rules

Higher compliance with reduced tax/legal risks

Time-saving support for applications and renewals

Strategic guidance on maximizing duty exemptions and export performance

Whether you're a startup or an established manufacturer aiming to expand exports, EOU consultancy services help you operate more efficiently and profitably.

[infinity2blog]

What is a Shipping Bill in Export?

Have you heard of the term "shipping bill" before as an exporter? If you are new to exporting, you might find this term a bit technical, but it is actually one of the most important documents to deal with while starting your export business in India.

Every exporter company, big or small, needs to file a shipping bill before sending out the products from India. It is a document for the custom department to check what goods are going out of the country, how much is it worth of and where is it going. Think of shipping bill as a green signal from the customs when you hear, "The shipment is good to go".

The world of export is filled with documentations, but the shipping bill is something you cannot ignore. Over this blog, we will explore the importance of shipping bill, what it is and why it matters.

What is a shipping bill?

A shipping bill is a document that any exporter must file with the customs clearance department before sending out the shipment from India. It is a kind of declaration of what is being exported out of India, it includes details like:

Nature of the goods

Value and quantity of goods

Exporter details

Consignee details

Mode of transport

Basically, a shipping bill is a custom's permission slip to allow the goods to physically leave India. Shipping bill is generated automatically through ICEGATE and is mandatory for clearing goods at ports or airports.

Once the shipping bill is approved, it acts as a basis for

Custom permission slip (Custom clearance)

Claiming benefits like RoDTEP

Filing for regulations under FEMA

If you are exporting without shipping bill in your hands, it means that you are shipping illegally. It is one of the key documents to prove that the transaction has actually happened.

Importance of the Shipping Bill for Exporters

If you are an exporter in India, then shipping bill is not just a formality to be done, it is actually a ticket for your goods to get out of the country. Custom department needs this document the most, without shipping bill, custom won't let your documents move.

Here is why the shipping bill is the most important document:

Official export declaration: The shipping bill tells the customs each and every detail of the shipment. Who are you sending it to, what's the value and quantity, and what are you sending, all the details are in the shipping bill.

Dependence of custom clearance: For custom department, no shipping bill means no clearance. It is a document that custom officers review before giving the green light for export.

Export incentive: For claiming the export incentives like RoDTEP, MEIS etc., you will be needing shipping bill as a proof.

Export history: For tracking export transactions, the shipping bill acts as a record for export history.

In short, if you are a first time exporter or doing it for a long time, shipping bill is one document you cannot skip.

Different Types of Shipping Bills for Exporters

Different types of exports require different kinds of shipping bills. Not all exports are the same, based on the nature of the shipment and the kind of export you are doing. Here is a list of different types of shipping bills-

Free shipping bill- This types of shipping bill is required when the exporting goods dont qualify for any export incentives.

Dutiable shipping bill- If you are exporting any kind off goods that require export duty, this kind off shipping bill will be required.Custom duty will be calculated based on the duty of the bill.

Drawback shipping bill- If you think you can claim a duty drawback and then this shipping bill is for you. It helps you in getting refund of duties that you have already paid while importing few raw materials of the shipment.

EPS shipping bill- This shipping bill stands for export promotion scheme shipping bill. This is for shipment exported under schemes like EPCG or MEIS.

Exporters can file for these shipping bills electronically through the ICEGATE portal, and based on the export declaration, the correct types of shipping bills are selected.

What are the Key Components of a Shipping Bill?

A shipping bill is one of the most important documents for moving your shipment out of the country. So, before going to fill out the form, it's important to know the key components of a shipping bill. Here is what you will find in a shipping bill:

Exporter Details: This section basically requires your details, like name, IEC code, address, etc.

Consignee Information: Details of who you are sending goods to, like- name, address, country etc.

Nature of consignment: An accurate description of the goods and nature of the consignment, like product name, type and its overall description.

HS code- This code helps the custom to identify the nature of your goods properly. This 8 digit code is crucial for incentive, compliance and duty.

Shipping bill type- As explaid above, different types of shipping bills, this will determine how custom department will treat your shipment.

Mode of transport: This clarifies whether your shipment will move through air, seo or land.

LUT/Bond details: If you are exporting without paying the GST, those details must be included here too.

Documents Required for Filing a Shipping Bill

You will need to arrange a few shipping bills before filling one out. This will help customs to verify your shipment and make sure everything is in order. Here is a list of documents needed:

Commercial invoice: This has the details of the goods being exported- quantity, quality, price, terms of sale, etc.

Packing list- This has details of goods that are packed- like weight, number of boxes, dimensions and what is inside the boxes.

IEC code- This is the importer exporter code, and it's like an ID card for your export business.

Export/Purchase order: This is a proof of order from your overseas buyers.

Declaration: A declaration provided by you that the information given is true and you have all the documents to verify it.

LUT or Bond documents: If you are exporting without GST under LUT then you need to submit the document for the same.

Once you have gathered all these documents, you are ready to file for shipping bill on the ICEGATE portal. The documents and details must be accurate, any mismatch might lead to rejection from the custom department.

What is the difference between a shipping bill and a bill of lading?

Read more: What is a bill of lading? And where is it used?

Conclusion

Getting your shipping bill right is one of the most important steps in your exporting business. It is not just a regular document, it is important as it gets the green signal form the custom department of India to send your shipment abroad. Whether you are new to export or scaling up your export business, getting the right shipping bill will save you from the delays, penalities and missed opportunities.

At Infinity, we understanfd the importance of compliance related paperwork, especially when you alone have to deal with a number of documents and other paper work. That is why we help Indian exporters to not just receive international payments but also help you with export process from end to end.

Sign up today!

[exportduniya]

Government Schemes and Incentives for Exporters in India You Should Know About

India’s export ecosystem has evolved significantly over the years, offering countless opportunities for businesses to expand globally. Recognizing the potential of Indian exporters — especially MSMEs — the Government of India has introduced a variety of support schemes aimed at enhancing global competitiveness, improving profitability, and reducing trade-related costs.

If you’re a manufacturer, merchant exporter, or MSME looking to scale your exports, here are three major schemes you need to know about: MEIS, RoDTEP, and EPCG.

1. Remission of Duties and Taxes on Exported Products (RoDTEP)

What is it? RoDTEP is one of India’s most comprehensive export incentive schemes, launched to replace the earlier MEIS. It ensures that exporters are reimbursed for various embedded taxes and duties not refunded through GST.

Benefits:

Refunds cover taxes like electricity duties, fuel used in transportation, and mandi tax — which were previously non-recoverable.

The rebate is provided in the form of transferable duty credit scrips.

Applies to both manufacturers and merchant exporters across sectors.

How MSMEs Benefit:

Helps MSMEs maintain competitive pricing in international markets.

Improves cash flow as the refund is directly credited to the exporter’s account or e-wallet.

Removes the hidden cost burden of indirect taxes, increasing margins.

2. Export Promotion Capital Goods (EPCG) Scheme

What is it? The EPCG Scheme enables exporters to import capital goods (like machinery and equipment) at zero customs duty, provided they commit to fulfilling a certain export obligation within a defined period.

Benefits:

Reduces upfront investment in high-value capital goods.

Boosts production capacity with modern machinery.

Enhances product quality and consistency.

Export Obligation:

Typically 6x the duty saved on imported machinery, to be fulfilled over a 6-year period.

Exporters can supply to foreign markets or EOUs/SEZs to meet this requirement.

How MSMEs Benefit:

Lowers entry barriers to adopt advanced technology.

Helps small businesses scale operations and meet global standards.

Saves significant cost on import duties, leading to quicker ROI.

3. Market Access Initiative (MAI) and Market Development Assistance (MDA)

While not as widely known, these schemes provide financial assistance for:

Participation in international trade fairs and exhibitions.

Conducting market studies and buyer-seller meets.

Developing export promotional material and branding.

How MSMEs Benefit:

Boosts brand visibility in global markets.

Enables small exporters to explore new countries without heavy upfront costs.

Encourages collaboration with Export Promotion Councils for targeted outreach. How ONS Logistics Makes Your Export Journey EffortlessONS Logistics handles your entire export backend — You only need to focus on the product, they take care of the rest:FeatureBenefit📄 DocumentationComplete handling of IEC, shipping bill, and customs docs🚢 Shipping SupportSea, air, courier – whichever is fastest & safest🛃 Customs ClearanceZero stress, zero delays🧑‍💼 Expert GuidanceFREE consultancy for first-time exporters🌍 Pan India PortsAccess to major ports like Mundra, Kandla, Nhava ShevaWhether you're a first-time exporter or scaling your business – ONS Logistics becomes your reliable partner for success. Best CHA In Gujarat Best Custom House Agent In Gujarat Best CHA in Mumbai Best Custom House Agent in Mumbai Best CHA in Mundra Custom House Agent in Mundra

Bonus: Other Notable Schemes Worth Exploring

Interest Equalization Scheme: Provides interest subsidy on pre- and post-shipment credit.

TIES (Trade Infrastructure for Export Scheme): Supports the creation of modern export infrastructure.

NIRVIK Scheme (Niryat Rin Vikas Yojana): Enhances access to credit and simplifies export insurance through ECGC.

Final Thoughts

India’s export landscape is brimming with opportunity, and the government is actively investing in helping exporters — especially MSMEs — succeed globally. Leveraging schemes like RoDTEP, EPCG, and MAI can help reduce costs, improve competitiveness, and accelerate growth.

Whether you're an experienced exporter or just getting started, make these schemes part of your strategy to go global with confidence.