Export-Import Documentation & Procedure

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

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

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.

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.

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.