Thursday 29 March 2012

Abbreviations Used in Exports

ACU

Asian Clearing Union

ADS

Aligned Documentation System

AEPC

Apparel Export Promotion Council

AL

Advance Licence

ALC

Advance Licencing Committee

APEDA

Agricultural Products Exports Development Authority

ARO

Advance Release Orders

B/E

Bill of Entry

BIS

Bureau of Indian Standards

CAD

Cash Against Documents

CCP

Customs Clearance Permit

CFR

Cost and Freight

CHA

Customs House Agent

CIF

Cost Insurance Freight

CIP

Freight Carriage and Insurance Paid

D/A

Documents against Acceptance

DAF

Delivered at Frontier

DDP

Delivery Duty Paid

DEPB

Duty Entitlement Pass book

DES

Duty Exemption Scheme

DERC

Duty Free Replenishment Certificate

DGFT

Director General of Foreign Trade

D/P

Documents against Payment

DTA

Documents Tariff Area

ECGC

Export Credit and Guarantee Corporation of India Limited

EEFC Accounts

Exchange Earners Foreign Currency Accounts

EHTP

Electronics Hardware Technology Park

EIA's

Export Inspection Agencies

EIC

Export Inspection Council

EOU

Export Oriented Unit

EPC

Export Promotion Council

EPCG Scheme

Export Promotion Capital Goods Scheme

FAS

Free Alongside Ship

FEDAI

Foreign Exchange Dealers Association of India

FIEO

Federatioin of Indian Export Organistion

FOB

Free On Board

FTZ

Free Trade Zone

ICA

Indian Council of Arbitration

ICC

International Chamber of Commerce

ICD

Inland Container Depots

IEC

Importer Exporter Code Number

IIFT

Indian Institute of Foreign Trade

IIP

Indian Institute of Packaging

IPQC

In-Process Quality Control

ISO

Internatioinal Standards Organisation

ITPO

Indian Trade Promotion Organisation

L/C

Letter of Credit

MDA

Marketing Development Assistance

NFE

Net Foreign Exchange

PCFC

Preshipment Credit in Foreign Currency

QBAL

Quantity Based Advance Licence

RCMC

Registration-Cum-Membership Certificate

SEZ

Special Economic Zone

STP

Software Technology Park

TQM

Total Quality Management

UCPDC

Uniform Customs and Practice for Documentary Credit

VBAL

Value-Based Advance Licence

WWEPC

Wool and Woollen Export Promotion Council

ZALC

Zonal Advance Licensing Committee