International business

parte 2

Export -Import procedure and Documentation .

Export procedure.
Import procedure .
Foreign Trade Promotion : incentives and
Organizational support.
Organizational support for promotion of forign
trade.
International trade institution and trade
agreements.
WTO Agreement .

Export -Import procedure and

Documentation
.
All companies involved in export need to
obtain an imports-exporters code (IEC)
number.
From the directorate general foreign
trade (DGFT)or regional import licensing
authority and registration with the export
credit and guarantee corporation (ECGC).
This is done in order to safeguard against
risks of non payments.

Export
procedure.
Getting the
export order

Production and
procurement

Excise clearance

Inspection.
Dispatch of goods.

Customs clearance.

Payments.

Import
procedure.

Importing of goods and services

involves purchasing them from
another country .
The import procedures differ from
country to country and depending
on the import-export policies of the
country.

Trade inquiry

Import license

Foreign exchange

Placing order

Letter of credit.
Shipment advice.
Dispatch of documents.
Arrival of goods.
Release of goods.

Foreign trade promotion:incentives and

organizational support.

The government offers support in different

forms to the industry to expand business in
the field of exports.
The ministry of commerce and trade tries
help the industry with its
infrastructure,promotion and marketing.
For this number of schemes have been
launched for more exports and a number
of organisations have been formed to help
the exporters.

Measurs and schems

Exemption from sales
tax.

Export promotion
capital goods (
).

Manufacturing under bond

scheme.

Advance license scheme.

Schemes of recognising export

firms as export house,trading
home and superstar trading
house.

Export services.

Export finance.

100 percent export oriented

units (eous).

Export processing zones.

Organizational support for promotion of

foreign trade .
Department of commerce.
Commodity boards.
Export inspection council (EIC).

Export promotion council(EPC).

Indian trade promotion

organization (ITPO).

Indian institute of foreign

trade (IIFT).

Indian institute of
packaging (IIP).

State

trading corporation

(STC).

International trade institution and trade

agreements.

International monetary fund(IMF)

The International monetary fund(IMF) is an

organization of 187 countries .
Working to foster global monetary trade .
Secure financial stability , facilitate
international trade .
Promote high employment and sustainable
economic growth .
And reduce poverty around the world .

World bank
The

world bank is a vital

source of financial and
technical assistance to
developing countries
around the world.

World trade organization

(WTO)
The world trade organization
(WTO) is the only global
international dealing with the
rules of trade between nations.
The goal is to help producers of
goods and services ,exporters
,and importers conduct their
business .

INDA IS A FOUNDER MEMBER OF THE (WTO).

WTO AGREEMENT .

1.

2.

3.
4.

GATT(general Agreement of tariff

and trade ).
Agreement on textile and clothing
(ATC).
Agreement on agriculture (AOA).
General agreement of trade in
service .

Lavkush
sharma

(543)

Manish vishvakrma
Hafiz khan

506)

Aman sing

(550)
Smitesh narvekar