The Cochin Chamber of Commerce and Industry recently organized an session on "Documentation and Examination of Export Goods", featuring Shri. Salim Kumar T P, IRS, Deputy Commissioner of Customs & Indirect Taxes. Held at the Chamber Hall, Willingdon Island, the session was attended by over 50 members, offering valuable insights into regulatory requirements and best practices for exporters.

Key topics covered during the session included:

Statutory provisions under the Customs Act, 1962, focusing on the examination and valuation of export goods.

Guidelines for filing and amending Shipping Bills, including self-assessment and customs verification.

FEMA compliance and declarations required before filing Shipping Bills.
The process of Export under Bond or LUT and GST compliance.

Use of e-Sanchit and risk management systems in export documentation and supervision.

Post-clearance procedures, including GATE-OUT and export manifest filing.

The interactive Q&A session provided participants with an opportunity to address practical challenges and gain clarity on export regulations, ensuring smoother processes and compliance.

Our President Shri. S.P. Kamath, welcomed the gathering and emphasized the importance of staying updated on regulatory developments to remain competitive in global markets. Shri. Prakash Iyer, Executive Committee Member, proposed the vote of thanks, expressing appreciation for Shri. Salim Kumar T P's detailed presentation and the active engagement of attendees.