Module Imports

The module generates and maintains the Letter of Credit. Here the purchase order details from SAP are linked. Amendments to LC are tracked by the system. A separate transaction is maintained for bank limit updation. The customers can view the existing bank limits for opening LC in any of their banks. The document capture module handles the vendor documents like NNset and clearing instructions. Link is provided to the LC of the vendor. The Bill of Entry for home consumption is generated and customs notification is forwarded. Bill of Entry for warehousing and re-warehousing is generated from the system and the corresponding bond updation is automatically taken care of.

Features :

• Detailed coverage of License processing - Application to DGFT, Receipt of License, Utilisation, Fulfillment of Export obligation and tracking of amendments
• Supports Revalidation of license and Enhancement of CIF value
• Handles Advance License, Advance Intermediate License, EPCG, DFRC, DEPB and Replenishment licenses
• Material and Material group wise Standard Input Output Norm (SION) customisation
• Facilitates buying and selling of licenses
• Covers a full LC cycle - LC application, Receipt of LC from the Bank, Amendments, LC utilization and Retirement
• Processes Single, Revolving, Sight, Usance, Foreign and Inland LC
• Stores details of Bank Release Order and the Margin amount paid to the bank
• Bank limit maintenance for LC transactions
• Tracking of Bank Guarantee against Purchase Orders or Excise Invoices
• Captures details of Non-negotiable Document set and provides for the creation of Clearing Instructions
• Supports BoE preparation for Home Consumption, Into bond, Transfer Bond and Ex-Bond
• Option for calculation of customs duty using duty calculation procedures in BoE preparation
• Aids in the preparation of BoE for moving goods to a Customs Bonded Warehouse