Export Import Documentation & Procedure

Paper Code: 
FTM 502
Credits: 
2
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

Objective:
The course has been designed to impart the knowledge of the various documents involved in export as well as import business.
Learning Outcomes:
• To impart the knowledge of the various documents involved in export as well as import business
• To familiarize students with the export import procedure and documentation.
• To apprise them of the documentation procedures and its sanctity in International Business.
• To form a base of policy framework in International Business.
To familiarize students with the process of shipment and negotiation order

Unit I: 

Preliminaries of Export: Method of Exporting, Direct Export: meaning, advantage, disadvantages. Indirect Export: meaning, advantage, disadvantage.
Preliminaries of Import: Liberalization of imports, Negative list for imports, Categories of importers, Special Schemes for importers

Registration Formalities: IE code, Procedure for Obtaining, Exemption from IEC Number, Registration-cum-Membership Certificate (RCMC), Export License, Application for Import and Export of Restricted Items, Electronic Data Interchange (EDI)

Export Documentation: Introduction, ADS Export Documentation in India, Commercial Invoice, Shipping Bill, Certificate of Origin, Consular Invoice, Mate’s Receipt, GR Form

Import Documents: Transport Documentation, Bill of Entry, Airway Bill, Certification of Inspection, Certification of Measurement, Freight Declaration

Negotiation of Order:
Nature, Process of Negotiation, Tips for Successful Negotiation

Essential Readings: 

1. Acharya & Jain , Export Marketing , Himalayan Publishing.
2. Export Import procedures and documentation, IGNOU IBO- 04.
3. Nabhis Export Manual.
4. Khushpat S. Jain, Export Import Documentation and Procedure

ACADEMIC YEAR: