EXPORT – IMPORT PROCEDURES

GUIDED BY ~ PRESENTED BY ~PROF. MOHIT MOGHE ISHA JOSHI (MIB – I SEMESTER)

Prestige Institute of Management & Research, Indore

CONTENTSExport procedureImport procedure

EXPORT PROCEDURESTEP1 - ENQUIRY

STEP 2 - PROFORMA GENERATION

STEP 3 - ORDER PLACEMENT

STEP 4 - ORDER ACCEPTANCE

STEP 5 - GOODS READINESS & DOCUMENTATION

STEP 6 - GOODS REMOVAL FROM WORKS

STEP 7 - DOCUMENTS FOR C&F AGENT

STEP 8 - CUSTOMS CLEARANCE

STEP 9 - DOCUMENT FORWARDING

STEP 10 - BILLS NEGOTIATION

STEP11 - BANK TO BANK DOCUMENTS FORWARDING

STEP 12 - CUSTOMS OBLIGATION DISCHARGE

STEP 13 - RECEIPT OF BANK CERTIFICATE

IMPORT PROCEDURESTEP 1 - OBTAINING IMPORT LICENSE AND QUOTA

STEP 2 - OBTAINING FOREIGN EXCHANGE

STEP 3 - PLACING AN ORDER

STEP 4 - DESPATCHING LETTER OF CREDIT

STEP 5 - APPOINTING CLEARING AND FORWARDING AGENTS

STEP 6 - RECEIPT OF SHIPMENT DEVICE

STEP 7 - RECEIPTS OF DOCUMENTS

STEP 8 - BILL OF ENTRY

STEP 9 - DELIVERY ORDER

STEP 10 - CLEARING OF GOODS

STEP 11 -PAYMENT TO CLEARING AND FORWARDING AGENT

STEP 12 - PAYMENT TO EXPORTER

STEP 13 - FOLLOW UP

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