Export & Import Management
AT THE END OF THIS SEMESTER,
YOU WILL BE ABLE TO
- To provide the students with an adequate knowledge on formalities for export & import trade
- the finance, documentation process required for import and export
Curriculum includes
Unit 1
Introduction to import & export
- Basics of Exports - Classification of goods-Preparation for Exports - Methods of Exporting -Export Marketing Organizations - Functions-Registration formalities
- IEC Number-Procedure of obtaining IEC Number-RCMC (Registration Cum Membership Certificate) – Export Credit Guarantee Council (ECGC)-Application for import and export of restricted items.
Unit 2
Documentation Framework and Contracts
- Aligned Documentation System: Commercial Documents-Auxiliary Commercial Documents-Regulatory Documents-Documents related to goods
- Documents related to Shipment -Documents related to Payments - Documents related to Inspection - Documents related to Excisable Goods-Types of Contracts-Export Contracts.
Unit 3
Payments and Finance
- Factors - Methods of receiving Payment-Instruments of Payments - Letter of Credit - Pre-shipment Finance
- Post-shipment Finance - Post-shipment Credit in Foreign Currency - Negotiation of documents with bank - Duty Draw back
Unit 4
Quality Control and Clearance of Cargo – 15 hrs
- Objective of Quality Control-Methods-Procedure for Pre-shipment Inspection-Role of Clearing and Forwarding Agents
- Role of Inspection Agents-Clearance of Cargo- Central Excise Clearance Procedure-Central Excise Clearance Option-Shipment of Export Cargo