Today we will discuss the government rules and licenses required to export fish and crustaceans.
How to export Fish and Crustaceans in India?
In this post, we will explain you the process of export of Fish and Crustaceans Government Rules and Regulations Regarding the Export of Fish and Crustaceans, and precautions which must be considered before exporting Fish and Crustaceans. To export Fish and Crustaceans, proper export documentation is required.
After selection of the Fish and Crustaceans as your export product, export samples are sent. The next step is concerned with payment terms and delivery terms along with the other terms and conditions agreed with the overseas buyer and issue of Performa invoice and in turn, exporter receives the order of export from the overseas buyer for Fish and Crustaceans. For export contract, payment terms can be advance payment, Documents against Acceptance (DA), Documents against Payments (DAP), or Letter of Credit (LC), whereas delivery terms in relation to export of Fish and Crustaceans can be EX-Works, Freight on Board (FOB), Cost and freight (CFR), and Cost Insurance and Freight (CIF), Documents against Payments (DAP) or any other International Commercial Terms. Against the export orders for Fish and Crustaceans, finance can be arranged from the bank for pre-shipment packing and post shipment finance.
In export of Fish and Crustaceans, against credit risk insurance can be arranged. Proper arrangement for packing is done with Palletization after the quality check (QC). In case the shipment of Fish and Crustaceans is on the basis of FCL, then container type is decided. In case shipment mode of Fish and Crustaceans is through sea then LCL. To export Fish and Crustaceans, following documents are prepared on the basis of purchased order such as export invoice, export packing list, certificate of origin (GSP – Generalized System of Preference).On the completion of export customs clearance either by exporter or Customs broker, Bill of Lading is issued by the carrier. In case consolidator is involved then HAWB or HBL is issued.
An importer or exporter of Fish and Crustaceans must be aware of the HTS code (HS code) of the export product. Fish and Crustaceans are classified under ITC code (Indian Tariff Code) in India. For the export and import of food products, Food safety FSSAI certificate is also required. To import Fish and Crustaceans from foreign trade office in other countries, import authorization is required from the Foreign Trade office. In case import rules and regulations are not followed then penalization by re-exporting can be demanded.
