ECGC Form No 203 is a standard declaration form used by policyholders to report shipment details or credit limits to the Export Credit Guarantee Corporation of India. ECGC provides credit insurance overview to Indian exporters, protecting them against commercial and political risks overseas. Form 203 serves as the primary data sheet through which the corporation tracks your insurable turnover and calculates your applicable premium. Key Purposes of Form 203

The declaration must include detailed information about all shipments made during the previous month. Key data points typically required include:

Instead of manually calculating premiums for dozens of shipments, you can embed Excel formulas. Multiplying the Gross Value in INR by the Rate of Premium instantly generates your payable amounts, eliminating human mathematical error. 2. Built-in Currency Conversion

Reports the value of goods shipped.

If you are looking to download this form in Excel format to streamline your data entry, this guide covers everything you need to know—from what the form is to how to fill it out correctly.

The declaration is not just a reporting form—it serves a dual purpose. Along with submitting Form No. 203, the exporter must also for the declared shipments. Premium rates are detailed in the schedule attached to the policy and are calculated based on factors such as: