At the time of exporting goods from India, what documents are to be filed for custom clearance of goods?

A. Shipping bill.

B. Airway bill.

C. Invoice (Commercial Invoice)

D. Packing list

E. Marine insurance policy.

Choose the correct answer from the options given below:

Key Points

Export Trade: 

• When residents of another country purchase produced goods and services from one country, this is known as an export trade transaction.
• Since they give people and businesses access to a bigger market for their products, exports are essential to market democracies.

Important Points

The following documentation must be submitted for customs clearance when exporting goods from India:

• Shipping bill: A shipping bill is a significant piece of paperwork that acts as a quantifiable record and is typically submitted online using specialized software.
• Commercial invoice: A commercial invoice is used to determine the commodity's worth. The customs official contrasts the commodity's actual market value with the value provided on the business invoice. This tactic prevents importers from using dishonest methods like undercharging and overcharging.
• Airway bill: An airway bill is a document that contains information on the products they are carrying as well as the terms of delivery that are provided by the ship or airplanes that is transporting the commodities. The importer must submit it at the time of customs clearance.
• Packing list: Each package's contents are listed on a packing list (boxes, pallets, etc.). It contains specific lists of the items in each package, as well as weights and measurements. Freight forwarders use this document to calculate weights and freight charges.

Thus, the correct answer is A, B, C, D only.