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On the hard copy of the shipping bill, the signatures of the customs officer and the CHA/exporter/representative is obtained, which is then stamped and signed by the appraiser. The appraiser generally assigns a customs officer for the examination of the goods, and once satisfied with the examination, the LEO for the shipment is assigned.Īfter the LEO is passed in the EDI system, two copies of the shipping bill are generated – one for customs and the other for the exporter.
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Lio meaning verification#
Based on the verification of the quantity of the goods actually received, the electronic shipping bill is marked and handed over to the dock appraiser along with all original documents. It will have the endorsement of the port authority along with other declarations and original documents. Once the goods arrive at the dock, the exporter contacts the customs officer and present them with the checklist. Customs officials will now sign the hard copy of the shipping bill for the specific shipment. Post the inspection and assessment, the online report is updated, and the goods are allowed by the customs to be shipped outside India. The exporter can be penalized for any understatement or overstatement of the invoice value. This appraisal is critical as it is linked to taxes and export benefits. Meanwhile, the value of the goods is determined by the appraiser. This report is forwarded to the appraising officer or higher authorities for approval. This inspection is documented by the customs inspector in the form of an online inspection report. The job of the customs inspector is to physically examine the cargo and make sure that all the export-related requirements and criteria are met. Once the cargo is unloaded, the exporter or the CHA gets the goods registered online for inspection by the customs inspector.
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The unloading slot is decided based on the carrier’s handling location. Of course, there is a non-EDI-based shipping bill facility for non-EDI ports.Īfter the filing of the shipping bills with customs, the exportable goods are transported to the airport, port, or container freight station.
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The CHA will file the shipping bill online, with the help of these documents, through the centralized EDI-based system on which all customs locations are linked. Exporters can carry out the customs formalities and procedures on their own, but to save time and benefit from the services of an expert, many (or rather, most) hire a CHA.Īssuming that you have hired a CHA, you will be preparing the commercial invoice and the packing list for them, along with a statutory declaration form. The clearance is given by passing the LEO and handing over the exporter’s copy of the shipping bill to the exporter or the customs house agent. They will verify various aspects such as the value and classification of goods (in case of drawback shipping bills), duty and cess as applicable, description in invoice and actuals, sample assessment, testing the exportability under EXIM policy etc.Īfter your shipping bill is approved, the goods go to the shed appraiser (export) for examination at the docks, based on the aspects mentioned above. Once the LEO is obtained in the shipping bill for a particular consignment, the exporter or their customs house agent (CHA) can hand over the consignment to the carrier entrusted to take it out of the country.Īlso Read : 12 Documents Required for Export Customs ClearanceĪs an exporter, you will need to keep ready all the required documents that will be processed by the customs authorities. The designated customs officer would then examine and assess the goods and documents and permit the export of the goods by authorizing the ‘Let Export Order’ in the shipping bill. Your export customs clearance procedures are done through the filing of a shipping bill and other export documents. Once your goods are ready for export, you will have to arrange for necessary customs clearance procedures at the location of the custom from where the products are to be shipped. As you must have seen from our previous articles, there are documents related to the commercial aspect of the export transaction, insurance, quality, logistics and compliance that must be prepared and/or submitted.Ī LEO is provided when customs is satisfied with the assessment of the value of goods and their inspection. The Let Export Order (LEO) is the final step in the list of compliance requirements required to export goods out of India.