Preview

Import Export Process

Powerful Essays
Open Document
Open Document
4595 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Import Export Process
Import is the process of bringing goods from one country into another country in a manner satisfying the legal requirements of the receiving country. An organization that is licensed to receive these goods in the country is referred to as an Importer. For importing goods into Dubai, an Importer should have a valid Trade License issued from any of the License Issuing Authority in U.A.E. and should be registered with Dubai Customs. The Importer has the option to carry out import procedures online on Dubai Trade or manually through Ports & Customs Documentation Centers. The procedure mentioned below describes the paperless import process through Dubai Trade. To access Dubai Trade portal electronic services the customer must register himself with Dubai Trade. The registration process is available online on Dubai Trade Portal (www.dubaitrade.ae). The Import process can be summed up as per following: 1. To initiate the Import process in Dubai, the importer must obtain following documents in original from the exporter: o o o o Original Bill of Lading copies Commercial Invoice Packing List Certificate of Origin The above documents are required irrespective of the sales agreement and payment method agreed between the importer and exporter. 2. Based on the vessel arrival date, the importer must then approach the shipping agent to submit the original Bill of Lading and settle any dues with the Shipping agent. In return, the shipping agent must issue a Delivery Order to the importer. A Shipping agent may issue Delivery Order 3-4 days before vessel arrival. The Importer must ensure that all cargo clearance formalities (step 3 to 8) are completed before the Delivery Order expiry date. Post expiry of the Delivery Order, DP World will not release cargo to the importer. In such cases the Delivery order needs to be extended by the agent and the Shipping agent may charge an additional fee for providing the extension. 3. The importer can then login to Dubai Trade to create and submit

You May Also Find These Documents Helpful

  • Satisfactory Essays

    INF220 WEEK 1 ASSIGNMENT

    • 678 Words
    • 2 Pages

    Every international shipping company will experience the International Shipment Processing System. This system is necessary to ensure the customers shipment will be delivered in allocated time. During the duration of the shipment, data regarding the shipment will be transmitted daily. With internationally shipping very specific documents are needed at both the departure port and the arrival port, in order for the shipment to be cleared by customs and delivery to proceed. If these documents do not arrive to the destination before the cargo, then delayed port charges will occur. Using the ISPS system allows the customers enough time to create these documents in time, to prevent port…

    • 678 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    North vs South

    • 419 Words
    • 2 Pages

    I believe that the north should have won the war for many reasons; they had a lot of advantages over the south. The north had better equipment and supplies. They had better industrialization to make the supplies needed for the battles. Also there were many railroads to transport the troops and supplies that everybody needed. The north had a greater population than the south so that made them have an overall advantage while fighting.…

    • 419 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    The UAE is a highly rule-oriented country with rigid and strict laws, rules, regulations and values of Islam while it also has a very friendly and favourable trading environment, ranking the 5th worldwide in the factor of Trading Across Borders by Word Bank. There is no Nontariff Barriers on most of imported product, especially on…

    • 2369 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Live Export

    • 443 Words
    • 2 Pages

    Each year millions of helpless animals are exported to many different places in the globe to be ready for slaughter. Sheep, goats and cattle are exported live to parts of the Middle east and South East Asia. These countries have little or no animal welfare laws and therefore the animals are treated and killed inhumanely. Many animals die on route. Most animals that are slaughtered overseas have their throat cut while still fully conscious which means they die a very painful death. Australia is the largest exporter for sheep and cattle. Each year we export 4.2 million live sheep and cattle.…

    • 443 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Export Readiness Analysis

    • 1129 Words
    • 5 Pages

    Osman, H. (2011, July 26). Lako Pacific partners with Scholastic to distribute Kaiser Baas products. Retrieved September 6, 2012, from ARN: http://www.arnnet.com.au/article/394959/lako_pacific_partners_scholastic_distribute_kaiser_baas_products/…

    • 1129 Words
    • 5 Pages
    Good Essays
  • Best Essays

    Export Management

    • 2036 Words
    • 9 Pages

    Bloom, Jonathan. Z. (2005) Market Segmentation: A Neutral Network Application. [Online]Annals of Tourism Research 32 (1) 93-111. Available from at 12 March 2013…

    • 2036 Words
    • 9 Pages
    Best Essays
  • Powerful Essays

    EXPORT PROCESSING ZONES

    • 688 Words
    • 6 Pages

    The US Golf team has collected some data to try to estimate the distance travelled by a golf ball when it is hit by a player.…

    • 688 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Dubai Port Case

    • 1233 Words
    • 5 Pages

    This report is intended to provide a briefing on the DPA (Dubai Port Authority), I will attempt to talk about the overview of shipping industry; the internal/external players in the DPA networks. And the situation they faced about the problem of manifest as well as Manifest and Documentation System project.…

    • 1233 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    Produce the prohibited or controlled goods together with the import permit or authorisation from the relevant authorities, if any.…

    • 564 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Types of Bill of Lading

    • 3375 Words
    • 14 Pages

    2. Master Bill of Lading: Issued by Shipping or Agent having MTO (Ministry of Transportation) License from DGFT (Director General of Foreign Trade), Ministry of Shipping.…

    • 3375 Words
    • 14 Pages
    Powerful Essays
  • Good Essays

    Describe import substitution (Inward looking) developmental strategy, clearly outlining the differences between the first and second stage. Assess its effectiveness in promoting economic development. Compare inward looking and outward looking strategies and discuss the assertion that the latter is superior.…

    • 571 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Custom House Agent

    • 955 Words
    • 4 Pages

    The clearance of goods on Import or Export, including unaccompanied baggage, involves quite a lot of procedural formalities. These formalities have to be observed by Importer / Exporter / Passenger, as the case may be. But in most cases the Customs station would be far away and it may not be possible for the Importer / Exporter / Passenger to attend to such work promptly. Unlike the work related to Central Excise or Income Tax, the Customs formalities cannot be attended to leisurely, as clearance is allowed only after the completion of formalities and payment of duty, where due. To meet this situation, a provision for licensing Custom House Agents, to represent the Importer / Exporter for the clearance work, has been made in the Customs Act 1962. Even prior to 1962, such as Muccadams, Dalals, Baggage Agents, Clearance Agents etc.A person, who desires to become a Custom House Agent, has to make an application, in the prescribed form. When such applications are invited by the Commissioner of Customs. Initially only a temporary licence, valid for two years is issued. To be eligible to make this application, the person should have experience in the line for at least one year and should have assets to the extent of Rs.1 lakh. He has also to execute a bond with security for Rs.25,000/-. The temporary licence can be made a regular licence on his passing a qualifying examination within a period of two years. The regular licence is issued for five years, and can be renewed thereafter on payment of a fee of Rs.3,000/- for further period of three years.The most important part of the Customs House Agents Regulations, which lays down the obligations of Customs House Agents, as under. * transact business in the Customs Station either personally or through an employee duly approved by the Assistant Commissioner of Customs, designated by the Commissioner; * does not represent a client before an officer of Customs in any matter to which…

    • 955 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    How to Export

    • 1516 Words
    • 7 Pages

    To submit the Export L/C / Transferable Export L/C to the Bank through his letter pad and type Back to Back L/C.…

    • 1516 Words
    • 7 Pages
    Satisfactory Essays
  • Powerful Essays

    About Indian Army

    • 5410 Words
    • 22 Pages

    Essential a) 12th Class or equivalent qualification from a recognised Board or University. b) Must have a speed of 35 words per minute in English Typing or 30 words per minute in Hindi Typing on Computer. Essential 12th Class or equivalent qualification from a recognised Board or University. Desired 03 Years experience in Shipping Work. Note:- Candidate should be capable of carrying out strenuous work due to operational requirements, the selected candidates will also have to perform odd hours duties and also sometimes overnight duty. No concession/exception on these working conditions will be granted to the selected candidate on any ground. a) 12th Class or equivalent qualification from a recognised Board or University. b) 80 words per minute in short hand in English and 35 w.p.m. in English Typewriting on computer.…

    • 5410 Words
    • 22 Pages
    Powerful Essays
  • Satisfactory Essays

    Export Policy

    • 433 Words
    • 2 Pages

    This paper gives a brief report on the effect of export policy on food prices, presented by Michele Ruta (World Trade Organization) on 29th Sept, 2011.The paper consider the impacts of trade policy interventions on international and domestic food prices in the limiting case where countries seek to completely offset the impact of changes in the international market on their domestic market. The paper first analyzed the sudden increase of world food prices in 2007 and 2008, which is a major factor pushing commodity/food price increases in recent years. Other factors include the demands of the biofuels industry, particularly for corn, and China’s decision to import huge quantities of soybeans due to income growth and stocks-building.…

    • 433 Words
    • 2 Pages
    Satisfactory Essays

Related Topics