Summer internship program

in
Murli industries Ltd,
Nagpur.

Done by:
Ankit S. Mundra
Ankit R. Udapure
DMTR,NMD college,
Gondia.
 Company profile:

• Date of establishment- DEC 2,1991

• Registered office- 101,Jai Bhavani

Society, Central Avenue,
Wardhman Nagar,
Nagpur-440008
• Corporate office- ”Radha House”239,
East Wardhman Nagar,
Nagpur-440008
• Management team-
Shri Shobhagmal Maloo-Non Executive Chairman
Shri Nandlal Maloo -Managing Director
Shri Bajranglal Maloo -Director
Shri Sunilkumar Maloo -Director
Shri Yashpal Dhiman -Director
Shri B. P. Ganu -Independent Director
Shri R.P. Gupta -Independent Director
Shri Adv. M. Mani -Independent Director
 Mission & vision statement
• Vision Statement: Our vision is to be a world-class
organization that is a benchmark for other organizations in the
country, setting standards for excellence and leading the thrust in
adopting environment friendly.

• Mission Statement: To take the center stage in corporate

world with a global presence.
Murli Industries Ltd,
• Paper.
• Cement manufacture.
• Agro product.
• Power.
• Coal.
• Welding rod.
Upcoming project is Murli Tyres
Our Topics:

• Imports procedures and documentations.

• Exports procedures and documentations.

• Finance (Working capital management).

Objectives:

• To learn practically the Export-Import

procedures & documentations.

• Working capital management.

Imports of Murli Industries Ltd.

Import

Paper

News Print Duplex

Machineries
Writing-Printing SBS
 Import Procedures & Documentation:
• Import Procedures:
Start

Offer or
Indent

NO
If
Accepted END

YES

A
 A

Original
And
NN set comes

Tracking of
Container

Container comes to
Mumbai and IGM is
filed in MUMBAI port

Copy of IGM is filed

in ICD NAGPUR

B
 B

Noting IGM verification

& custom file is send

Withdrawal of original
documents from BANK

Shipping line payments

original bill of lading

Shipping line issues EO &

DO to importer

C
 C

Examination of container,
seal cutting etc…

Assessment/Audit of file

Custom Duty is paid in

the bank

Copy of duty paid is

submitted to custom office

Sign of assistant/deputy
commissioner is done

D
 D

OUT-OF-CHARGE is made

Copy of out of charge & 1st

original bill of entry & DO
is submitted to CONCER

CONCER gives BILL &

JOB-ORDER

Factory Destuffing

END
Documentations for Import:

• Commercial invoice.
• Packing list.
• Shipment document.
• Certificate of origin.
• Certificate of packing.
• Form 9.
• Insurance cetificate.
Export Procedures &
Documentations:
Procedures:
• Presentation of shipping bill.
• Noting.
• Processing.
• Assessment.
• G.R.I. Formalities.
• Arrival of export goods at ICD.
• Examination-1
• Examination-2
• Procedure at gateway port.
• Signature of preventive officer.
Documents for Exports:
• L/C no. of Importer’s bank.
• Original documentary credit
along with amendment copies.
• Draft at sight.
• Commercial Invoice.
• Bill of Lading.
• Certificate of origin.
• Packing list.
• Shipping document.
Finance:

Working Capital Information:

 Raw Material-1month
 Salary-1 month(generally)
 Shipment bill 7 days.
 Credit period 15 days then
charges interest.
• In recent days co. suffer from
very critical situation because
of recession. co’s share price
falls 507rs(max) to 89rs(min).
• Although co. makes more
exports(50% more then p/y) in
current year and balanced its
position.
Conclusion:

From our SIP we conclude that we learned

practically the Export-Import procedures and
documentation and working capital
management.
AND the practical is some what different from
theory.
 Special thanks to:
• Mr. Murli Maloo. – Ex-director.
• Mr. R.K.Sharma – HR head.
• Mr. Rajesh Jain – Purchasing Manager.
• Mr. Rahul Monde – Manager of EX-IM
dept.
• Mr. Praveen.
• Mr. Harish Thapa.
• Mr. Ashish Kale.
• Mr. George Joseph.
• Mr. Navneet somani. –Finance & Account