Export Finance & Procedure

Paper Code: 
IBG 617 A
Credits: 
3
Contact Hours: 
45.00
Objective: 

The course has been designed to impart the knowledge of the various documents involved in export as well as import business.

9.00
Unit I: 
Pre-shipment Finance

Meaning, Procedure of Pre shipment Finance, Deferred Payment Exports, Buyers credit , EXIM banks Buyers credit scheme, Suppliers credit, Turnkey projects, Joint ventures abroad

9.00
Unit II: 
Post Shipment Finance

Meaning, Procedure of Post shipment Finance, GR form, permissible deductions, irregular documents, direct and indirect bills, exports on consignment documentation, overdue bills, re import of unsold goods, lost shipment

9.00
Unit III: 
Import finance

Exchange control regulations concerning imports, methods of import finance- under letter of credit, against bills under collection, imports against deferred payment, under foreign credit, import loans by EXIM bank of India.

9.00
Unit IV: 
Export promotion Incentives

Export Promotion measures.
Role of Government- cash assistance, duty drawback.
RBI- Duty drawback Credit Schemes- Pre-shipment, Export Bills Credit Scheme.
EXIM bank-Long term Finance Guarantees, Refinancing of Export Credits.
Export Promotion Institutions- Export Promotion Council, Commodity Boards.

9.00
Unit V: 
A brief study of boards& councils Helping specific industry exports

Agricultural and Processed food products export development authority, Apparel export promotion council, carpet export promotion council, cotton textile export promotion council, Handloom export promotion council.

Essential Readings: 

Agarwal & Chaudhari, Foreign Trade and Foreign Exchange, Himalaya Publishing house, New Delhi.
• Acharya & Jain , Export Marketing , Himalaya Publishing house, New Delhi.
• Export Import procedures and documentation, IGNOU IBO- 04
• Nabhis Export Manual for 100% Export Units Special Economic Zones, EHTP, STP and BTP Units Published by Nabhi Publications.
• N P Subba Rao : International Business(Text and Cases) , Edition 4, Himalya Publication House, Mumbai

ACADEMIC YEAR: