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EXPORT-IMPORT DOCUMENTATION AND PROCEDURE
This course will equip students with essential knowledge of Export Import Documentation and Procedure in international business environments.
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24MIB424 |
EXPORT-IMPORT DOCUMENTATION AND PROCEDURE (Theory) |
CO562: Explore the nature and significance of various types of export and import documents used in International Business and understand the concept of Aligned Documentation System. CO563: Equip the Preliminaries for Export and Import for carrying out International Trade and what are the various methods of export payment available. CO564: Apply the steps involved in export procedure starting from pre shipment procedure to quality checking, role of clearing and forwarding agent, modes of export financing and custom clearance. CO565: Analyze the concept of international payment and credit risk involved CO566: Apply the basic steps in import procedure including exchange control regulations concerning imports & Illustrate the cargo risk involved in International Business CO567: Contribute effectively in course-specific interaction |
Approach in teaching: Interactive Lectures, Group Discussion, Tutorials, Case Study Learning activities for the students: Self-learning assignments, presentations |
Class test, Semester end examinations, Quiz, Assignments, Presentation |
Aligned Documentation System(ADS), Rationale of Documentation,
Export Documents: Commercial Invoice, Shipping Bill, Certificate of origin, Certificate of Inspection, Consular Invoice, Mate’s Receipt, Bill of Lading, GR form, Bill of exchange, Letter of Credit,
Import Documents: Bill of entry, Certification of Measurement, Freight Declaration
Preliminaries for Export: Registration Formalities for exports, IEC, RCMC, Export License, Selection of Export Products, FPS, FMS,
Methods of Export Payment: Payment in Advance, Open Account, Consignment Stock Payment, Documentary Bills of Exchange
Preliminaries for Import: Liberalization of imports, negative list of imports, Categories of importers, Special Schemes for importers
Steps in export procedure: Pre-shipment Procedure, Shipment Procedure, Post-shipment Procedure, Pre-shipment inspection and quality control, Role of clearing and forwarding agents, Export Financing- Pre- shipment & Post-shipment Finance (general concept).
Shipment of export cargo: Central Excise Clearance & Custom Clearance- procedure and documentation.
Pre-Import Procedure, Legal dimensions of import procedure, retirement of import
documents, custom clearance for imported goods, warehousing of imported goods, Exchange Control Regulations concerning imports.
Export Credit Insurance: Concept and importance, role of Export Credit Guarantee Corporation(ECGC), covers issued by ECGC, basic principles of ECGC operation, financial guarantees.
Cargo Insurance: Concept & significance, kinds of perils, types of losses- total loss & particular loss, types of policies- specific voyage policy, open cover, open
policy, insurance claims- procedure and documentation.
· Acharya & Jain , Export Marketing , Himalayan Publishing.
· Export Import procedures and documentation, Nabhi Publication
· Khushpat S. Jain, Export Import Documentation and Procedure
SUGGESTED READINGS:
· Francis Cherunilam : International Business.
· Donna L. Bade, “Export Import Procedures and Documentation”, AMACOM; 5th edition
· B.K. Chaudhari and O.P. Agarwal : Foreign Trade and Foreign Exchange; Himalayan Publishing.
E-RESOURCES:
· K Aswathappa http://ebookcentral.proquest.com/lib/iisuniv-ebooks/home.action
JOURNALS:
· Global Business Review , http:// sagepub.com
· International Business Review
· Foreign Trade Review, http:// sagepub.com
