Simplified declaration process for Small Value Exports in B2C e-Commerce
Oct 14, 2024
FEPD Circular No. 20
A declaration process for small value exports (up to USD 500) in B2C transactions on e-commerce platforms, eliminating the need for an EXP form when payment is received before shipment.ADs are required to obtain a declaration from exporters to ensure compliance with relevant regulations and to keep transaction records, while nominated courier services must manage customs procedures and issue Bills of Export.