How to Export or Import - Full topic list

Chapter I : Export & Import

• Introduction (opportunity in Export / Import sector)

 Institutions Governing Export Import 

• International Bodies WTO (World Trade Organizations)
• Local Bodies : Ministry of commerce, FEMA , RBI, Central Excise & Customs, shipping lines, Airlines, Insurance, ECGC, Inspections agencies, Trade Associations, Export Promotion Councils, Commodity boards
• Development authorities, Foreign Trade Policy, Hand book of Procedure

Step to your First Export or Import - IEC

• IEC License Application, Cycle 
• Government benefits

Finding a buyer/seller

• Product & Market Selection, Offline & Online Marketing

Logistics

• Types of packing, labeling, marking, Mode of Transportations, Types of Containers, HSC / ITC code
• Incoterms – 2010 (Shipping Terms), Payment Terms, CHA Charge sheet & Costing work Sheet

• Legal Documentation and Contracts
• Importance of Contracts (Proforma Invoice)
• Pre Shipment documents & Procedure : Excise & Custom clearance
• Post Shipment documents i.e. Banking and documents for buyer
• Types of Bills of lading (Short/Blank back/Full form, Charter party, Multimodal, Clean, Shipped on Board, Received for Shipment, Master, House, Liner)

Acts and Rules governing Export Import

• FEMA (Foreign Exchange Management Act) on Export
• FEMA on Import
• Foreign Trade Policy & Hand Book of Procedure by DGFT

Import Duties and Rules

• Import – Product selection, Categories, Govt. Bodies, Registration
• Procedure of Import Custom Clearance 
• Calculation of custom duties
• How to calculate Assessable Value, High Seas Sale, Merchanting Trade

Import Export of free Sampling & Gift

 

Chapter II : Banking & Finance

1. Collection documents :ICC URC-522
2. L/C documents : ICC UCPDC-600, Types of LCs
3. L/C: ISBP-745
4. Banking finance:
    a. Fund (Pre & Post Shipment - EPC & PCFC)
    b. Non fund based finance by bank (LC, BG & Forward Contracts) Buyers’ & Suppliers’ credit
5. EEFC & Escrow Accounts

 

Chapter III : Risk Management

Foreign Exchange Risk Management – Forward Contracts

1. Marine Insurance
2. ECGC
3. Verifying Genuineness of buyer and suppliers through Bank reports & Embassy/Consulates/D&B, Debt
recovery through : International Agencies
4. Risk of quality of material : Inspection of goods by international well known agencies

Export Import News

Dear All,

Most of people meet me and say we do not wish to export because of lack of funds. I would like to inform them that export business can be started with Rs.25,000 only. Now can any one who want to enter in to export business don't have Rs.25,000

So, here it is how. Apply for export import license charges are only Rs.500

Upload your product online on AMAZON, Flipcart etc. It is as simple as opening Gmail account.

The rules are :

1. Parcel to be sent by post or courier
2. Per Parcel should not be more than Rs.25,000
3. You can send as many as you like.
4. Items should be : Garment, Toys, books, leather items and handicraft.

No need of excise and custom clearance. However, you will get all Govt benefits.

Now go ahead......