Brief of Indian Economy
- Scope in export import business
- Share of international trade in Indian economy
- 1991 economic reform (Liberalization)
- Commodities exported by India and Imported by India
- India’s total export and Import
- India’s top export destination countries
- Foreign trade policy and Hand book procedure
- India’s Share in international trade (Yearly Export and Import data from India)
- Growth in international trade (Export and Import)
Technical Terms in Export and Import
- HS code (by World custom organization)
- CHA (Custom house agent) – Role of CHA, Contact to CHA, Assistance from CHA
- IEC registration (Export-Import code) – Step by step procedure practically
- Export Import company formation (Partnership or Proprietor) – Step by step procedure
- RCMC registration (Registration cum membership certificate)
- ATA carnet (Merchandise passport for product)
- Re-Export trade
INCOTERMS 2020 (Responsibility of Buyer and Seller during export-import business)
- Ex-works, FCA, FAS, FOB, CFR, CIF, CPT, CIP, DPU, DAP, DDP
Payment Terms (To do safe Export-Import)
- 100 % Advance (Telegraphic Transfer)
- D/P or CAD
- D/A
- LC (Letter of Credit), Cycle for receiving letter of credit
- Open credit
- ESCROW (Payment through gateway)
Types of Ports (Selection and Utilization)
- Sea Port
- Air Port (Cargo handling)
- ICD (Inland container depot)
- CFS (Container freight station)
- Factory stuffing
- Land customs station
Types of Containers (20’, 40’ Dry and High cube container)
- Standard Container
- Open Top Container
- Flat Rack Container
- Platforms (Plate) Container
- Ventilated Container
- Refrigerated and insulated Container
- Tank Container
- Break bulk cargo
- Air cargo container
Mode of Transportation (Worldwide)
- Truck
- Rail
- Ocean carrier
- Air carrier
Import Cycle
- Why import is necessary?
- Types of Importer
- What to import?
- Import opportunities in India
- Import Procedure
- Required Documents for Clearance
- Import Quotation from CHA
- Calculation of Import Duty (ICEGATE)
- Express Release and Telex Release of Bill of lading
- Bonded and Duty paid warehouses
High Sea Sales (HSS)
- What is HSS?
- Benefits of HSS
- Documentation for HSS
- Agreement
Export Cycle (Pre-Shipment and Post Shipment Process)
- Types of Exporter
- Issuing of necessary documents (IEC, RCMC, Company registration)
-
Selection of product
- What to export?
- Important parameter in product selection
-
Selection of market
- Where to export?
- Identification of right country to export your product
- Identifying buyers
- Generating inquiries
- Quotation, Sampling and Negotiation
- Proforma invoice or Sales contract
- Payment terms
-
Production and packaging
- Crates, Pallets, Jumbo bags, Food packaging, Drums and Bundles (As per the product)
- LUT or GST claiming process
- Custom clearance
- Logistic arrangement
- Claiming government benefits
EPCG Scheme (Export promotion of capital goods)
- What is EPCG?
- Rules and obligation of scheme
- Benefits of scheme
Proforma Invoice or Sales Contract (Practical session)
Terms for shipping quotation
- FCL
- LCL
- Volumetric weight calculation
Export Quotation (Practical session)
Online shipping quotation
Documents Movement in Export (Practical session)
- Proforma Invoice (Exporter to Importer)
- Purchase order (Importer to Exporter)
- Remittance copy (By bank)
- Purchase order-in case of merchandise export (Exporter to Manufacturer)
- Quotation from CHA
- Goods with proper packaging
- Local transport arrangement
- Tax invoice--in case of merchandise export (Manufacturer to Exporter)
- E-way bill
- Certificate (If necessary)
- Pre-shipment invoice
- Packing list
- Advance cargo declaration
- Bill of lading (CHA to Exporter)
- Shipping bill (CHA to Exporter)
- Measurement copy (CHA to Exporter)
- Certificate of origin
- Insurance copy
- Commercial invoice (Exporter to Importer)
- E-BRC (Bank realization certificate)
Export Benefits (By Government of India)
- What is IGST, CGST and SGST?
-
100% tax exemption on exported goods by
- LUT (Letter of undertaking) – Without payment of GST
- GSTR-1/1A (Table 6A) – Refund of GST after payment
- Export Incentives
- Duty remission scheme
- Duty exemption schemes
- Advance authorization (AA)
- Duty free import authorization (DFIA)
- Export promotion of capital goods (EPCG)
- Promotional measures
- Remission of duties and taxes on exported products (RoDTEP)
- Service export from India (SEIS)
- Market development assistance (MDA)
- Transport and Marketing assistance (TMA)
- MoU (Memorandum of understanding) and FTA (Free trade agreement)
- Pre-shipment and Post Shipment Finance
- By bank
- By financial Institute
- By EXIM bank
Role of International & Indian Organization (Through Websites)
-
International Bodies
- International chamber of commerce (ICC)
- World trade organization (WTO)
- Inter country chamber of commerce
- Local chamber of commerce of targeted countries
- ITC trade map
-
Indian Government Bodies
- Ministry of commerce (MOC)
- Federation of Indian chamber of commerce and industries (FICCI)
- Directorate general of foreign trade (DGFT)
- Indian trade portal
- Federation of Indian export organizations (FIEO)
- Export promotion councils (EPC’s)
- APEDA, MPEDA, Spice Boards, Rubber Board, Chemexcil etc…
- Inspection council of India
- India trade promotion organization (ITPO)
Buyer Finding (Practical Session)
- International Market analysis by ITC trade map
- B2G (Government Websites like EPC, FIEO, Indian trade portal)
- B2B (Business to Business sites)
- World’s top B2B sites
- Effective profile creation
- Lead management
- Country wise B2B websites
- Benefits to register with B2B platforms
- B2C (Business to consumer Platforms)
- Global B2C platforms (Amazon, Ebay etc.)
- Registration
- Selling
- ITC Trade map
- Foreign Government Websites
- To find out the list of importer and important lead
- Trade fair (10times.com) & Exhibitions
- Visitors list
- Exhibitors list
- Buyers list
- Company Website (Development assistance)
- Study of competitors website
- Keyword Planning
- Meta keywords, Meta description
- SEO base parameters
- Google my business
- Indexing of pages
- Social Media Marketing
- LinkedIn, Facebook, WhatsApp, Instagram etc…
- Social media Ad Marketing
- Effective profile creation
- Keywords to find buyers
- Group joining
- Group posting
- Paid marketing
- Google Tactics
- IP Change
- Google Maps
- Google search with specific country language
- Country wise Yellow Pages
- To find out area wise vendors and importers
- Country wise Trade Directories
- To get data regarding county wise manufacturer, supplier and importer
- Intercountry Chamber of Commerce
- Trade Associations
- Indian Embassy
- List of Indian embassies abroad
- Mail format to get help regarding importer, Important government directories and websites
- Mail format to get help regarding trust worthiness of importer or exporter
- Trade Agents
- How to find trade agent in targeted country
- Advantages of trade agents
- Sharing with trade agents
Export Insurance
- Goods insurance (Marine insurance)
- Credit insurance
- Types of insurance policies
- Process of claim and settlement
Foreign Exchange Risk Management
- Forward contract (hedging method)
- Exchange earners foreign currency account (EEFC)
- Debt recovery agencies
- ECGC (Export credit guarantee corporation of India)
Role of ECGC (Export credit guarantee corporation)
- What is ECGC?
- Risk covered by ECGC
- Types of policy by ECGC
- Insurance claim process
- Mira inform, D&B ratings (Customer credit checking agencies)
Product Inspection
- Need of inspection
- Government agencies
- Third party inspection
- Labs and offices
Presentation of Product Internationally
- Brochure design
- Post design
- Content design
Effective Email Marketing (Email drafting, Email software)
Effective Communication (International Calling)
Support After Completion of Course
- Participant can attend any batch in future to repeat the course (No Additional Fees)
- Lifetime assistance regarding queries
- 24*7 live support from team
- Assistance till 1st successful export or import
- All PPT’s and Important links (Lifetime Useful)
- Latest update on Export and Import
- Course completion certificate with participant’s name