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indian export import guide

indian export import guide

Ratings: (0)|Views: 14,722|Likes:
Published by MEGHANALOKSHA
How to Export
• Starting Exports
o Starting Export Introduction
o Basic Planning For Export
o Identifying Products For Export
o Market Selection
o SWOT Analysis
o Registration of Exporters
o Export License
o Myths About Exporting
o Export Sales Leads
o Exporting Product Samples
o Export Pricing And Costing
o Understanding Foreign Exchange Rates
o Appointing A Sales Agents
o Export Risks Management
o Packaging And Labeling Of Goods
o Inspection Certificates And Quality Control
o Export Documents
o Custom Procedure For Export
o Invisible Export
o Export To SAARC
o Export To CIS
o Organisations Supporting Exporters

Export Finance
• Pre Shipment and Post Shipment Export Finance
o Payment Methods In Export Import
o Payment Collection Against Bills
o Letter Of Credit (L/c)
o Trade Documents
o Pre Shipment Trade Finance
o Post Shipment Finance
o Forfeiting Factoring
o Bank Guarantees
o Transport Risk
o Contract Credit Risk
o Country Political Risk
o Currency Risk
o Export Import (Exim) Policy
o Foreign Exchange Management Act (FEMA)
o Fedai Guidelines


IEC
• IEC - Importers Exporters Code Number
Export Import Trade Terms
• Incoterms

How to Import
• Starting Imports
o Starting Import Introduction
o Preliminaries for Starting Import Business
o Registration of Importers
o Guidelines And Rules for Import
o Selecting The Overseas Exporter
o Import License
o Import Trade Governing Bodies
o Import of Samples
o Finalizing The Terms of Import
o Import Duties
o Import Risks
o Import Incentives under Special Schemes
o Methods of Payment in Import Trade
o Import of Personal Baggage
o Import of Gifts
o Import of Cars Vehicle Commercial and Non Commercial
o Import of Gold And Silver by NRI
o Custom Clearance of Imported Goods
o Import of Drugs And Medicine
o Import of Scrap And Waste Products
o Import Laptops And Computers
o Import Dos And Don’ts
How to Export
• Starting Exports
o Starting Export Introduction
o Basic Planning For Export
o Identifying Products For Export
o Market Selection
o SWOT Analysis
o Registration of Exporters
o Export License
o Myths About Exporting
o Export Sales Leads
o Exporting Product Samples
o Export Pricing And Costing
o Understanding Foreign Exchange Rates
o Appointing A Sales Agents
o Export Risks Management
o Packaging And Labeling Of Goods
o Inspection Certificates And Quality Control
o Export Documents
o Custom Procedure For Export
o Invisible Export
o Export To SAARC
o Export To CIS
o Organisations Supporting Exporters

Export Finance
• Pre Shipment and Post Shipment Export Finance
o Payment Methods In Export Import
o Payment Collection Against Bills
o Letter Of Credit (L/c)
o Trade Documents
o Pre Shipment Trade Finance
o Post Shipment Finance
o Forfeiting Factoring
o Bank Guarantees
o Transport Risk
o Contract Credit Risk
o Country Political Risk
o Currency Risk
o Export Import (Exim) Policy
o Foreign Exchange Management Act (FEMA)
o Fedai Guidelines


IEC
• IEC - Importers Exporters Code Number
Export Import Trade Terms
• Incoterms

How to Import
• Starting Imports
o Starting Import Introduction
o Preliminaries for Starting Import Business
o Registration of Importers
o Guidelines And Rules for Import
o Selecting The Overseas Exporter
o Import License
o Import Trade Governing Bodies
o Import of Samples
o Finalizing The Terms of Import
o Import Duties
o Import Risks
o Import Incentives under Special Schemes
o Methods of Payment in Import Trade
o Import of Personal Baggage
o Import of Gifts
o Import of Cars Vehicle Commercial and Non Commercial
o Import of Gold And Silver by NRI
o Custom Clearance of Imported Goods
o Import of Drugs And Medicine
o Import of Scrap And Waste Products
o Import Laptops And Computers
o Import Dos And Don’ts

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Published by: MEGHANALOKSHA on Apr 09, 2009
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http://www.infodriveindia.com/Exim/GUIDES/Default.aspxHow to ExportStarting ExportsoStarting Export IntroductionoBasic Planning For ExportoIdentifying Products For ExportoMarket SelectionoSWOT AnalysisoRegistration of ExportersoExport LicenseoMyths About ExportingoExport Sales LeadsoExporting Product SamplesoExport Pricing And CostingoUnderstanding Foreign Exchange RatesoAppointing A Sales AgentsoExport Risks ManagementoPackaging And Labeling Of GoodsoInspection Certificates And Quality ControloExport DocumentsoCustom Procedure For ExportoInvisible ExportoExport To SAARCoExport To CISoOrganisations Supporting ExportersExport FinancePre Shipment and Post Shipment Export FinanceoPayment Methods In Export ImportoPayment Collection Against BillsoLetter Of Credit (L/c)oTrade DocumentsoPre Shipment Trade FinanceoPost Shipment FinanceoForfeiting FactoringoBank GuaranteesoTransport RiskoContract Credit RiskoCountry Political RiskoCurrency RiskoExport Import (Exim) PolicyoForeign Exchange Management Act (FEMA)oFedai GuidelinesIECIEC - Importers Exporters Code NumberExport Import Trade TermsIncotermsHow to ImportStarting ImportsoStarting Import IntroductionoPreliminaries for Starting Import BusinessoRegistration of ImportersoGuidelines And Rules for ImportoSelecting The Overseas ExporteroImport License
 
oImport Trade Governing BodiesoImport of SamplesoFinalizing The Terms of ImportoImport DutiesoImport RisksoImport Incentives under Special SchemesoMethods of Payment in Import TradeoImport of Personal BaggageoImport of GiftsoImport of Cars Vehicle Commercial and Non CommercialoImport of Gold And Silver by NRIoCustom Clearance of Imported GoodsoImport of Drugs And MedicineoImport of Scrap And Waste ProductsoImport Laptops And ComputersoImport Dos And DontsPlease remember, preparing for the world of international trade is a complexprocess. But with the proper knowledge and strategy, you’ll soon be on your way toworld wide success.Introduction : Export in itself is a very wide concept and lot of preparations isrequired by an exporter before starting an export business.A key success factor in starting any export company is clear understanding anddetail knowledge of products to be exported. In order to be a successful inexporting one must fully research its foreign market rather than try to tackleevery market at once. The exporter should approach a market on a priority basis.Overseas design and product must be studied properly and considered carefully.Because there are specific laws dealing with International trade and foreignbusiness, it is imperative that you familiarize yourself with state, federal, andinternational laws before starting your export business.Price is also an important factor. So, before starting an export business anexporter must consider the price offered to the buyers. As the selling pricedepends on sourcing price, try to avoid unnecessary middlemen who only add costbut no value. It helps a lot on cutting the transaction cost and improving thequality of the final products.The Government of Indian has defined it, in very simple terms; export may bedefined as the selling of goods to a foreign country. However, As per Section 2(e) of the Indian Foreign Trade Act (1992), the term export may be defined as 'anact of taking out of India any goods by land, sea or air and with propertransaction of money”.Exporting a product is a profitable method that helps to expand the business andreduces the dependence in the local market. It also provides new ideas, managementpractices, marketing techniques, and ways of competing, which is not possible inthe domestic market. Even as an owner of a domestic market, an individualbusinessman should think about exporting. Research shows that, on average,exporting companies are more profitable than their non-exporting counterparts.Basic planning for Export: IntroductionBefore starting an export, an individual should evaluate his company’s “exportreadiness”. Further planning for export should be done only, if the company’sassets are good enough for export. There are several methods to evaluate theexport potential of a company. The most common method is to examine the success ofa product in domestic market. It is believed that if the products has survived inthe domestic market, there is a good chance that it will also be successful ininternational market, at least those where similar needs and conditions exist. Oneshould also evaluate the unique features of a product. If those features are hardto duplicate abroad, then it is likely that you will be successful overseas. Aunique product may have little competition and demand for it might be quite high.Once a businessman decides to sell his products, the next step is to developing aproper export plan. While planning an export strategy, it is always better to
 
develop a simple, practical and flexible export plan for profitable andsustainable export business. As the planners learn more about exporting and yourcompany's competitive position, the export plan will become more detailed andcomplete.Objective: The main objective of a typical export plan is to:Identifies what you want to achieve from exporting.Lists what activities you need to undertake to achieve those objectives.Includes mechanisms for reviewing and measuring progress.Helps you remain focused on your goals.For a proper export planning following questions need to be answered.1.Which products are selected for export development?2.What modifications, if any, must be made to adapt them for overseas markets?3.Which countries are targeted for sales development?4.In each country, what is the basic customer profile?5.What marketing and distribution channels should be used to reach customers?6.What special challenges pertain to each market (competition, culturaldifferences, import controls, etc.), and what strategy will be used to addressthem?7.How will the product's export sale price be determined?8.What specific operational steps must be taken and when?9.What will be the time frame for implementing each element of the plan?10.What personnel and company resources will be dedicated to exporting?11.What will be the cost in time and money for each element?12.How will results be evaluated and used to modify the plan?From the start, the plan should be viewed and written as a management tool, not asa static document. Objectives in the plan should be compared with actual resultsto measure the success of different strategies. The company should not hesitate tomodify the plan and make it more specific as new information and experience aregained.Some "Do's and Don'ts of Export PlanningDO ensure your key staff members are ‘signed on’ to the Plan.DO seek good advice – and test your Export Plan with advisers.DON’T create a bulky document that remains static.DO review the Export Plan regularly with your staff and advisers.DO assign responsibility to staff for individual tasks.DON’T use unrealistic timelines. Review them regularly – they often slip.DO create scenarios for changed circumstances – look at the “what ifs” for changesin the market environment from minor to major shifts in settings, e.g. change ofgovernment, new import taxes.DO develop an integrated timeline that draws together the activities that make upthe Export Plan.DO make sure that you have the human and financial resources necessary to executethe Export Plan. Ensure existing customers are not neglected.Identifying Export Product: A key factor in any export business is clearunderstanding and detail knowledge of products to be exported. The selectedproduct must be in demand in the countries where it is to be exported. Beforemaking any selection, one should also consider the various government policiesassociated with the export of a particular product. Whether companies areexporting first time or have been in export trade for a long time - it is betterfor both the groups to be methodical and systematic in identifying a rightproduct. It’s not sufficient to have all necessary data 'in your mind' - butequally important to put everything on paper and in a structured manner. Once thisjob is done, it becomes easier to find the gaps in the collected information andtake necessary corrective actions.There are products that sell more often than other product in internationalmarket. It is not very difficult to find them from various market research tools.However, such products will invariably have more sellers and consequently more

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good enough to understand about IMPEX business..nice!!
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very very good thesis... deeply knowledge ....i gain to much knowledge in export import sector..
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