❖ GLOSSARY (ACRONYMS) ACC :Assistant Commissioner of Custom ACU :Asian Clearing Union AEZ :Agri Export Zone ANF :Aayaat Niryaat Form ARO :Advance Release Order BG :Bank Guarantee BOA :Board of Approval BOT :Board of Trade BRC :Bank Realization Certificate BTP :Bio Technology Park CBEC :Central Board of Excise and Custom CCP :Custom Clearance Permit CEA :Central Excise Authority CEC :Chartered Engineer Certificate CIF :Cost Insurance & Freight COD
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UNIT 15 INDIA’S EXPORT-IMPORT POLICY Objectives This unit helps you to understand: what is trade policy; kinds of trade policy; phases of liberalisation in trade policies in the process of economic development; trends in India’s exim policies; salient features of India’s import regime during 1950-91; characteristics of India’s export promotion policies; and India’s Trade Policy reforms in the 90s. Structure 15.1 15.2 15.3 15.4 15.5 15.6 15.7 15.8 15.9 15.10 15.11 15.12 15.13 15.14 Introduction India’s
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EXPORT PROCEDURE 1. An exporter receives an enquiry from the prospective buyers seeking information regarding price‚ quality & other terms conditions for export of goods. The exporter sends a quotation known as proforma invoice as reply. 2. If the buyer is satisfied with the export price & other terms & conditions‚ he places the order or indent for the goods. 3. After receiving the order or indent‚ the exporter undertakes an enquiry regarding the credit worthiness of importer to assess the
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Import Procedure Import trade refers to the purchase of goods from a foreign country. The procedure for import trade differs from country to country depending upon the import policy‚ the statutory requirements and customs of different countries. In almost all the countries of the world import trade is controlled by the Government. The objectives of these controls are proper use of foreign exchange‚ restrictions on imports of non-essential and luxury goods‚ development of indigenous industries‚
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ASSIGNMENT ON EXPORT AND IMPORT PROCEDURES OF FLYING KING EXPORTS AND IMPORTS COMPANY SUBMITTED BY SUBMITTED TO MARYANN RAPHAEL PROF.SHEEBA 2ND YR PGDBM 2K11032 Flying King Exports and Imports Company ABOUT COMPANY Flying King Exports and Imports Company was incorporated by Abdul Samad B which is located in Kollam‚ Kerala and from then onwards a never ending journey started to reach‚ satisfy and keep long lasting relationship with
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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
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K&N’s Food Pvt Ltd K & N’s Foods Private Limited | March 12 2012 | Strategic Business Plan | Zubash Jawed080612BBA-8A | PREFACE INTRODUCTION STRATEGIC MANAGEMENT PROCESS Strategic management of an organization entails three ongoing processes: Analysis‚ Decision and Actions. In Analysis‚ the strategic goals (vision‚ mission and goals) along with internal and external environmental of the organization are analyzed. In decisions‚ the managers must take two important decisions regarding
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Chapter THIRTEEN Export and Import Strategies Objectives • To introduce the ideas of export and import • To identify the elements of export and exporting strategies • To compare direct and indirect selling of exporting • To identify the elements of import and import strategies • To discuss the types and roles of third-party intermediaries in exporting • To discuss the role of countertrade in international business Chapter Overview The first part of Chapter Thirteen is devoted to
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EXPPRIN Export Procedures and Documentation Agenda – Week 5 Export Procedures and Flow Chart Documentary Requirements 2 Exporting is both challenging and rewarding. Export Procedures and Flow Chart Export procedures are simple and the export documentation required has been lessened. Build your knowledge and develop skills on the dynamics of exporting by attending seminars/training courses on the basics of exporting‚ letters of credit‚ negotiating with the foreign buyers‚
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interest of export promotion & investment in the country it is necessary to have a long term‚ stable‚ facultative & liberal Import Policy. With this and in view the present democratic government has taken steps to extend the duration of the Import Policy from two years to five years. Efforts have been made to make the Import Policy easier and more liberal by relaxing or rescinding the regulatory provisions of the previous Import Policy. Provisions have already been made to allow import of capital
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