11. COMPLIANCE WITH LEGAL FRAMEWORK Obtaining Import/Export Code from DGFT Registration with GJEPC Registration with Jurisdictional Central excise Authorities
12. Identity & Negotiate with Importer Confirm the deal Receive an export Order/Contract Examine thoroughly & ask for amendment (If any) Receive Letter of Credit Scrutinize thoroughly , Compare with the term of Contract , ask for Amendment , if needed Receive Amended Export mechanism….. Export Finance
14. Purchase Contract Issuance Of Letter of Credit form Amarpali’s Bank Preparation of Export Document Verification of Export Documents by Exporter’s Bank Exporter Receives his payment from his bank Scrutiny of LC by exporter and Amendments are done if necessary Bills & Documents are produced to Importer & Importer then pays the bill LC Issuing bank will reimburse the Exporter’s bank LC opening bank will receive all the bills & documents form the exporter’s bank Manufacturing of Goods & their shipment to Importer Import Mechanism