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1List of Purpose Codes for Inward Remittance Transactions Sr. No 1 1.1 1.2 2 2.1 2.2 2.3 2.4 2.5 2.6 3 3.1 4 4.1 4.2 4.3 4.4 4.5 4.6 4.7 4.8 4.9 4.10 4.11 4.12 4.13 4.14 4.15 5 5.1 5.2 5.3 6 6.1 6.2
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Export of goods refers to the process of sending goods or merchandise from one country to another for the purpose of trade.
Any individual or business involved in export activities is required to file export of goods.
Export of goods can be filled out electronically through designated government portals or with the help of a customs broker.
The purpose of export of goods is to track and regulate the flow of goods leaving a country, ensure compliance with trade regulations, and collect data for statistical purposes.
Information such as the sender and receiver details, description of goods, quantity, value, and destination country must be reported on export of goods.
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