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Export Import Procedures and Documentation MBA 243
Export Import Procedures and Documentation MBA 243
Documentation
MBA 243
Some Starting Level Jobs
Manager- Export Freight DGM Legal and Compliance_from export houses only
Premier InfoAssists Pvt. Ltd.
Hiring for Leading Client 15 - 20 years
8 - 12 years ₹ 22,50,000 - 30,00,000 P.A.
Not Disclosed
Mumbai, Navi Mumbai
Should be from shipping line, experience & knowledge
about rules and regulation of nation and international law
GM Marketing Head Export Sales
Rubber King Tyre Private Limited SONA MANDHIRA PRIVATE LIMITED
25 - 31 years 10 - 15 years
₹ 25,00,000 - 40,00,000 P.A. ₹ 25,00,000 - 30,00,000 P.A.
Review and clarify customer order in terms of : Strong relationship with buyers & distributors oversees,
Documentation of customer requirement and clarity demonstrated business development
Ensure only relevant and pure data is entered into Knowledge about export regulations
system records to maintain the sanctity of the system Strategic Mindset, Team Leader
• Which products?
• How to get into exports/How to start the procedure?
• Documentation | Incoterms (International Commercial terms)
• Marketing
• How to find Market?
• How to find Buyer?
• Where to export?
To be an exporter one needs to know:
• Why exports/imports?
• Legal Definitions
• Export Readiness
• Qualities required for success in exports
• Overall understanding of the system for exports
• To ship or sell Goods/services out side the country / To bring in goods/services from
outside the country
• The seller of such goods and services is referred to as “exporter” who is based in the
country of export whereas the overseas based buyer is referred to as “importer”
• These terms are defined by “India Foreign Trade (Development and Regulation Act)
1992.
• There are:
• Products/Services
• Medium of transport
• Involvement of currency – Financial Transaction
India main imports are:
• Mineral fuels, oils and waxes and bituminous substances (27 percent
of total imports);
• Pearls, precious and semi-precious stones and jewelry (14 percent);
• Electrical machinery and equipment (10 percent);
• Nuclear reactors, boilers, machinery and mechanical appliances (8
percent); and
• Organic chemicals (4 percent).
Big Ticket Items in India’s Export
Merchandise Services
• Engineering Goods – 25.94% Software Services – 43.15%
• Gems & Jewellery – 13.71% Business Services – 20.20%
• Petroleum Product – 12.33% Travel – 14.25%
• Chemicals – 6.1% Transportation – 9.72%
• Pharmaceuticals – 5.7%
• Ready Made Garments – 5.51%
• Cotton yarn/fabrics – 3.38%
• Rice – 2.55%
• Marine Products – 2.44%
• Plastics – 2.26%
Present applicable Policy
Foreign Trade:
• Policy
• Procedures
• Documentation
Syllabus:
• Unit I: Framework for India’s Foreign Trade Policy
• Unit II: Setting up an Export Company and it’s Documentation
• Unit III: Methods and Terms for Payments for Exports
• Unit IV: Foreign Trade Financing and Insurance schemes
Discussion topic for next class i.e. on 29 August 2021
• Benefits of International Trade
• What is an Entrepôt?