E-Form.
Every exporter is required 10 furnish a declaration to customs authorities for goods exported. This deceleration is submitted on a prescribed Form-E in quadruplicate which is certified by the authorized Dealers.
1. Maintenance of Record of E-Form:
The Stock of E form is provided by the authorized dealers Head Office to the Exchange dealing branches and the proper record is maintained in the E-form Stock Register the dealing branches maintained two registers one for the purpose of issuance of 'E' form and the other for certification of E-Form.
2. Issuance of E-Form:
Blank 'E' form in quadruplicate is issued to the exporter having an
account with the branch against little request. In case the exporter
maintains his account at a branch other than the exchange dealing
branch, the request is routed through his branch. Before issue E-Form
it is ensured that the exporter has tendered the attested photocopies
of required documents e.g. valid export registration corticated,
N.I.C., NTN, Challan Copy of renewal few paid. Credit report of the
exporter is also obtained to ensure the credit worthiness of the
exporter. The set of E-Form after completion of all formalities is then
entered in the E-Form issuance register and acknowledgement is obtained
from the exporter or any authorized person of the exporter.
3. Certification of E-Form
Before lodgment of E-Form to custom authorities is requested to be certified by the authorized dealers. When the quadruplicate set of E-Form is presented for certification the same is very minutely scrutinized and following details are checked
- Export registration number is correctly mentioned on the E-Form
- Signatures of the exporters or his authorized signatory are duly verified at the counters.
- E-Form should be correctly and properly filled in withiest any overwriting unauthentic corrections etc.
The following columns should be properly filled
- NTR NUMBER, Income Tax Circle, and CCI & E Register number and date.
- NIC number with dale and place of issue.
- Name and complete address of the exporter along with Telephone number.
- Item of export showing quantity and that it is not a banned item.
- Value of the: invoice mentioning the currency.
- Terms of payment e.g. C+F, C1F or FOB.
- Country of export (destination) to ensure that the country where export is made is not a restricted one e.g. Israel.
- Term of sale e.g. against Letter of Credit, firm contract or consignment safe. Whether on sight basis or on usance basis. It terms is of usance are beyond i20 days, .Stale Bank of Pakistan permission is also required to be obtained.
- Mode of transportation.
- Name and address of the foreign buyer (Importer).
