Export licence should be obtained before exportation of strategic commodities. Major features of export licence are:
Valid for 3 months from the date of issue.
Consignment based, i.e. products covered by an export licence should be shipped at the same time on the same vessel, aircraft or vehicle. In other words, no part shipment is permitted for export.
Procedures for using export licence
- The exporter should deliver the export licence to the carrier before the export of the goods.
- The carrier should deliver the export licence together with a copy or extract of the relevant export manifest to Trade and Industry Department within 14 days after the day on which the goods are exported.