EXPORT IMPORT PROCEDURES & DOCUMENTATION

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EXPORT IMPORT PROCEDURES & DOCUMENTATION

  1. 1.  SUBJECT : EXPORT IMPORT PROCEDURE AND DOCUMENTATION  SUBMITTED TO : Prof.  PRESENTED BY : ASEM KHAN ROLL.NO.212 (MBA S.Y) SHRI SHIVAJI INSTITUTE OF ENGINEERING & MANAGEMENT STUDIES, VASMAT ROAD, PARBHANI 431401
  2. 2.  INTRODUCTION  Definition  EXPORT DOCUMENTS & PROCEDURE  Custom house agent  ADINATH EXPORTS  EXPORT PROCEDURE  CONCLUSION CONTENTS
  3. 3. “Exports" refers to selling goods and services produced in home country to other countries markets. The seller of such goods and services is referred to as an “Exporter" INTRODUCTION
  4. 4. DEFINITION The term import is derived from the conceptual meaning as to bring in the goods and services into the port of a country. The buyer of such goods and services is referred to an "importer" Import:-
  5. 5. DEFINITION Export:- This term export is derived from the conceptual meaning as to ship the goods and services out of the port of a country. The seller of such goods and services is referred to as an "exporter"
  6. 6. REGISTER AS AN IMPORTER OR EXPORTER NEGOTIATE TERMS OF SALE UNDERSTAND EXPORT FORMALITIES AND RESPONSIBILIT Y TOWARDS SALE PROCEEDS UNDERSTAND DOCUMENTATI ON AND INCOTERMS FOR EXPORT,COMPL ETE CUSTOMS FORMALITIES AND OBTAIN DOCUMENTS SUBMIT TO THE BANK FOR ONWARD TRANSMISSION TO BUYER RECEIVE SALE PROCEEDS EXPORT IMPORT PROCESS
  7. 7. Obtaining shipping order Arrangement of Internal Transport Preparation of shipping Bill Submission of documents to customs Obtaining carting order Storing of goods Obtaining LET Export order Obtaining LET ship order Loading of goods Payment of fort trust dues Obtaining bill of lading
  8. 8. Selection of Insurance firm Type of policy Proposal form Verification of proposal form Payment of premium Insurance policy Filing of claim Claim amount
  9. 9.  STEP 1 :- 1) Open the Bank Account 2) Obtain the sales tax number 3) Go to DGFT for obtaining IEC code Number 4) Take membership of FIEO 5) Take membership of concerned Export Council Membership 6) Open the Bank Account at Port of Shipment 7) Enrollment of firm in Port / Ports PROCEDURE
  10. 10. IEC FORUM
  11. 11.  STEP 2 :- 1) Take or get Export order 2) Order is taken by direct marketing or through other contacts  STEP 3 :- 1) Prepare the Invoice and Packing List 2) Invoice Details 3) Packing List Details Conti…..
  12. 12. INVOICE DETAILS • Orgin Country of product • Port of Loading • Port of Destination • Port of Final Destination • Detail of Carriers • Description of goods Conti…
  13. 13.  STEP 4 :- 1) Send goods to port to CHA 2) Load the goods in Vessel 3) After the completion of the loading collect the document from CHA Viz., Bill of lading, SDF Form, custom verified Invoice & packing List  STEP 5 :- 1) Submission of document in the bank, to dispatch to consignee address 2) Payment agreed by the clients / buyers – by Letter of credit 3) After receiving of payment collect BRC Conti….
  14. 14. Import and export are procedure of transferring the goods and services to one place to another place. CONCLUSION

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