Eximkey - India Export Import Policy 2004 2013 Exim Policy

(i) Authorised dealers should despatch shipping documents to their overseas branches/correspondents as expeditiously as possible. Authorised dealers should ensure, particularly in case of exports to neighbouring countries, that shipping documents are despatched to their overseas branches / correspondents expeditiously so that documents reach the buyer before the carrying steamer discharges the cargo at the port of destination.

(ii) Authorised dealers may despatch shipping documents direct to the consignees or their agents resident in the country of final destination of goods in cases where advance payment or an irrevocable letter of credit has been received for the full value of the export shipment and the underlying sale contract/letter of credit provides for despatch of documents direct to the consignee or his agent resident in the country of final destination of goods.

(iii) In cases not covered by (ii) above also, authorised dealers may accede to the request of the exporter, for despatch of documents by the authorised dealer, for whatever reason, direct to the consignee/agent provided the exporter is a regular customer of the authorised dealer and the authorised dealer is satisfied, on the basis of standing and track record of the exporter and the arrangements made for realisation of export proceeds, that the request can be acceded to.

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