Export-Import Documentation & Procedure

Paper Code: 
MIB 423
Credits: 
4
Contact Hours: 
60.00
Objective: 

The objective of this paper is to acquaint the students with the basic understanding of procedures and documentation of export import in India.

12.00
Unit I: 
Export Import Documentation

Aligned Documentation System(ADS), Rationale of Documentation, Export Documents: Commercial Invoice, Shipping Bill, Certificate of origin, Consular Invoice, Mate’s Receipt, Bill of Lading, GR form, Bill of exchange, Letter of Credit, Import Documents: Bill of entry

12.00
Unit II: 
Preliminaries for Export

Registration Formalities for exports, IEC, RCMC, Export License, Selection of Export Products, FPS, FMS,
Methods of Export Payment: Payment in Advance, Open Account, Consignment Stock Payment, Documentary Bills of Exchange
Preliminaries for Import: Liberalization of imports, negative list of imports

12.00
Unit III: 
Export Procedure: Steps in export procedure

Pre-shipment Procedure, Shipment Procedure, Post-shipment Procedure, Pre-shipment inspection and quality control, Role of clearing and forwarding agents, Export Financing- Pre-shipment & Post-shipment Finance (general concept). Shipment of export cargo: Central Excise Clearance & Custom Clearance- procedure and documentation.

12.00
Unit IV: 
Import Procedure

Pre-Import Procedure, Legal dimensions of import procedure, retirement of import documents, custom clearance for imported goods, warehousing of imported goods, Exchange Control Regulations concerning imports.

12.00
Unit V: 
Risk Management (Credit Risk & Cargo Risk)

Export Credit Insurance: Concept and importance, role of Export Credit Guarantee Corporation(ECGC), covers issued by ECGC, basic principles of ECGC operation, financial guarantees.
Cargo Insurance: Concept & significance, kinds of perils, types of losses- total loss & particular loss, types of policies- specific voyage policy, open cover, open policy, insurance claims- procedure and documentation.

Essential Readings: 

• Khushpat S. Jain, “Export Import Procedures & Documentation”, Himalaya Publishing House, Mumbai..
• Chaudhary B K & Agarwal O P., “Foreign trade and Foreign exchange”, Himalaya Publishing House, New Delhi.
• Francis Cherunillam, International Business, Himalaya Publishing House. New Delhi
• N.P. Subba Rao : International Business.
• Acharya & Jain., “Export Marketing”, Himalya Publishing House, New Delhi. 3rd edition
• Rathor B S & Rathor J S, “Export Marketing”, Himlaaya Publishing House,New Delhi43rd edition
• Export Import Procedure & Documentation, IGNOU IBO-04.
• Parasram “Export-What,Where and How”. Anupam Publishers.
• Bhalla V K, “International Business Environment and Management”. Anmol Publications, New Delhi
• TAS Balgopal : Export management , Himalaya Publishing , NewDelhi.

Academic Year: 
2019-2020
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