Friday 8 February 2019

Issuarance of Import Exxport Cycle


Type Of Exporter:-
     1.Merchant Export
     2.Manufacturer Exporter
     3.Merchant Cum Manufacturer exporter
     4.Service Providers

Name Selection
    Parameter for selecting your company name
        - Industry specifics names
        -Easy to Speak and Understand
        - Use end name like EXIM, IMPEX, International
Issue Authority
Formalities & Procedures
Document Required
-         Pan card
-         If proprietor then proprietor’s pan card
-         Else companies pan card
-         Bank account
-         5 photographs
-         Local body registration certificate

Export Cycle:-
-         1.Issuance of IE code –export import licence
-         2. Selection of product
-         3.Selection of market
-         4.Identifying buyers/generating inquiries
-         5.Sending quotation /sampling/negotiation
-         6.Sales contact/pro-forma invoice
-         7.Payment term
-         8.productions and packing
-         9.Excited clearance
-         10.Arrangment of local transportation
-         11.Custom clearance
-         12.Arranging shipping line/airline activity
-         13.Issuence of transport documentation
-         14.B/L- Bill of landing –by sea
-         15 .AWB-air way bill –by air
-         16.LR-Lorry receipt –by air
-         17.Preparing bank documentation
-         18.Payment formalities with bank
-         19.Claming government benefits

Import Cycle:-
     1.Product selection
     2.Identification of suppliers
     3.Quotation /sampling /negotiation
     4.Payment formalities
     5.Onside inspection
     6.Sipment follow up with supplier
     7.Releasing document from bank
     8.Contracing with suppliers
    9.Import custom clearance
    10.Payment of import duty
    11.Realeasing cargo from shipping lines /air lines
    12.local transportation  

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