Export/Import Management
Export/Import Management
Topic 1: BASICS OF INTERNATIONAL TRADE
- History & Trends of Indian Economy
- Role of International Organizations: ICC, WTO, IMF, World Bank, GATT
- International Law & UCP, Indian Law and Foreign Trade Policy
- Role of Indian Govt. Organizations & Applicable Acts: Ministry of Commerce, DGFT, RBI, Customs, Excise, FEMA Act.
- Export Cycle & International Terms: INCOTERMS / Trans-shipments! Partial Shipments / Terms of Payments in International Market
- Method of Quotation, Sampling & Negotiation
Topic 2: INTERNATIONAL MARKETING & PRODUCT SELECTION
- Selection of product for Export & Identifying potential Markets for Export
- Role of Govt. Organizations & Registration Procedures for obtaining RCMC: FIE0 / Export Promotion Councils! Commodity Boards / Development Authorities / Role of Chamber of Commerce, CII & Indian Embassy
- Importance of Trade Fairs & Exhibitions in Export Promotion
- Govt. Incentive Scheme for Export Market Development:
- MDA Scheme / Focus Market Scheme! Focus Product Scheme
- Method of Promotion in International Market
- Identifying Potential Buyers Online Promotion / Use of B2B websites / Importance of Keywords / Posting Effective Trade Leads / SE0 Management
Topic 3: PROCESSING AN EXPORT ORDER
- Pre-shipment Documentation, Excise & Custom Clearance Procedure
- Local Transportation & Logistics Management
- Role of CHA, Shipping Lines & Forwarding Agents
- Preparation & Submission of Post Shipment Documents under Various Payment Terms
- Post Payment Formalities with Bank
Topic 4: GOVERNMENT OF INDIA'S POLICY ON EXPORT INCENTIVE
- Foreign Trade Policy & Export Incentive Schemes
- Pre-shipment & Post-shipment Export Incentives
- Procedure to Obtain Digital Certificate for Online Application
- Online Submission of Documents for Claiming Export Benefits
Topic 5: INSURANCE & RISK MANAGEMENT
- Understanding Risks in International Market
- Product Risk Management
- a. Types of Insurance Policies & Understanding International Insurance Clauses
- b. Procedure for Issuance of Insurance Policy! Process of Claim and Settlement
Topic 5.1: Foreign Exchange Risk Management
- Role of ECGC in International Market
- Types of Policy & Procedure for Issuance of Credit Policy From ECGC & Process of Claim Settlement
Topic 6: IMPORT PROCEDURES & DOCUMENTATION
- Procedure to Open Letter of Credit with Bank for Import, Transfer of Advance Payments & Procedure to Release Documents from Bank
- Import Custom Clearance Procedure
- Understanding Various Import Duties & Calculation of Duty
- Inspection Agencies & Types of Inspection
Assignment on every session such as Classification of Export Import Items, (H.S.Code), Foreign Trade Policy & Provisions, Export Incentive Schemes, Delivery Terms, Export Pricing, Export Documents.
Written Test with 100 Objective Questions at the end of the classes.
To be attended at Home.
Self Assessment