DEPARTMENT OF TECHNICAL EDUCATION

ANDHRA PRADESH
Name : P. Lokanatham Chetty, M.Com.
Designation : Head of CCP Section
Branch : Commercial & Computer Practice
Institute : Govt. Polytechnic for women
Suryapet, Nalgonda (Dist)
Year/Semester : I Year
Subject : Business Organization
Subject Code : CCP104
Topic : Foreign Trade
Duration : 50 Mts
Sub Topic : Revision of Foreign Trade
(chapter)
Teaching Aids : PPTs and Animation
CCP104.123 1
Objective :

On completion of this period you would

be able to :
 Explain the meaning of foreign trade.
 Explain Export Procedure
 Explain Import Procedure
 List various Documents used in Foreign
Trade

CCP104.123 2
Foreign Trade - Meaning :

 Export Trade – Selling our goods to other

countries
 Import Trade – Buying goods from other
countries

CCP104.123 3
Export Trade – Procedure…
 Obtaining Order
 Obtaining License from Government
 Arranging Foreign Exchange
 Packing and Markings
 Obtaining Letter of credit from importer
 Getting Shipping order

CCP104.123 4
Export Trade – Procedure

 Arranging Insurance
 Procuring Certificate of Origin
 Obtaining Consular Invoice
 Fulfilling Customs Formalities
 Obtaining Mate’s Receipt
 Obtaining Bill of Lading
 Preparation of Invoice and Securing Payment

CCP104.123 5
Import Trade - Procedure :
 Finding the Right Source
 Obtaining Import License
 Placing Order with the Exporter
 Receipt of Advice of Shipment
 Obtaining Foreign Exchange
 Arranging Letter of Credit
 Securing Documents
 Payments of Dock Dues
 Clearing the Goods
CCP104.123 6
Foreign Trade - Different
Documents Used :

 Bill of Lading
 Mate's Receipt
 Certificate of Origin
 Consular Invoice
 Bill of Entry

CCP104.123 7
Summary :

 Meaning of Foreign Trade

 Export Trade Procedure
 Import Trade Procedure
 Important Documents in Foreign Trade

CCP104.123 8