import – export procedures and documentation
TRANSCRIPT
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INTRODUCTION
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IMPORT PROCEDURES AND
DOCUMENTATIONIMPORTED PRODUCTSLOGS
DECORATIVE LOGS
EUCALYPTUS GRADIS LOGSSUPPLIER COUNTRY
Malaysia
Jarmany
Southafrica
United states
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Imported product
Jarmany decorative logs
Southafrica eucalyptis logs
Malaysia decorative logs
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Type of Importer
Actual user
industrial user
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Pre import procedure
Market survey
To select a right product
To select the right supplier To find out the credit worthiness of supplier
To seek services of suppliers agent
To approve sample
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Steps in import procedure
Procurement of licence
General licence
DGFT
Documents required
income tax certificate
import licence fee receipt
certificate from C. A.
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Financial assistance
RBI
BANK OF INDIA COSMOS CO OPERATIVE BANK
Price quatation
FOB
C & F
CIF
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EURO Pvt. Ltd. Prefers CIF
Obligation under CIF
i. Company has to pay clearing charges ,import duties etc.
ii. Payment as per commercial invoice
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Obtaining Foreign exchange
bank of india
Exchange control department of RBI
Placing indent
open
Close
confirmatory
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Dispatching letter of credit
creditworthiness
Depositing in domestic currency
Bank of india
Cosmos bank
Plz draw a digram fm page98
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appointing agent
Logistic people
shipment advice receipt Date
Commercial invoice
Packing list
Non negotiable bill of lading
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Collection of documents
Commercial invoice
Certificate of origin
Bill of lading
Measurement certificate
Consular invoice
these documents are sent by exportes bankto importer bank
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method of payment
Documents against payment
Documents against acceptance
Letter of credit
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Payment of duty
custom duty based on Hsc significant
Raw materials of vineer 20%
Raw materials of ply 15%Raw materials of laminate 24%
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physical examination
Warehousing of imported goods
Silvasa
bank realisation certificate