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Global trade service

it is separate system
ECC feeder system
history of GTS
GTS will take care rules and regulations of custom
THis requirement already present in Foreign trade
changed rules and regulation not supported by ECC
History of GTS
SD foreign trade will take care of Export and MM foreign trade will take care of
import
nothing will be created in GTS system no master data no transacation data
from 2011 to 2016
Benifits of GTS
Following
Reduce risk of non compliance
following the rules of regulations of customs authorities
not following rules and regulations of custom authorities
product classification .. it process classifying standardies codes to goods

custom authority will classify products


HTS
FDA
CAP
Custom document service- need to submit relevant document to customs while
doing export and imports
everything will be predefine in GTS for

Pro -forma invoice,commercial origin


CCO
Documentation required different from countries to countries

Electronic communication-custom office maintaining the system electronic system


now it will be maintained automatically which helps to maintain documents
From GTS to Customs systems .. USA using AES 2( automated Export system)
system
Germany using ATLAS( automatic tarrif) system EU complanies (NCTS) new
computerised transist system

Pre ference processing- some agrement done between counties which are located
near these countries made aggrement ... calculating benifits (NAFTA) EU countries

Letter of Credit (LOC )


if india doing export to china
customer place order we will create profoma invoice .. customer will submit good

it is gurantee document issued by customer bank on behalf of cusotmer to


companies bank

Process- customer will place order to company .. company will create proforma
invoice with ref to order and send it to customer and cusotmer will submit proforma
invoice
in his bank then bank will release gurantee document on behalf of customer and
send it to company bank.. and company bank will inform same to company and
company will dispatch
goods customer and then cusotmers bank will release money to company bank

Sub modules in ECCC


Compliance management-Embargo,SPL,Legal control export and import
Custom management
Risk management

ALE Distribution model

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