17-01-2013, 10:08 AM
EXPORT STRATEGY
EXPORT STRATEGY.pptx (Size: 83.74 KB / Downloads: 24)
Export :
The term EXPORT means shipping the goods and services out of the port of the country.
Generally an export of goods occur when there is a change of ownership from a resident to non resident.
OBJECTIVES..
To sell surplus goods
To make better utilization of resources
To earn foreign exchange
To increase national income
To generate employment
To increase government revenue
To create international cooperation
Procedure of export
Receiving trade enquiry and sending quotation
Receiving an indent and sending conformation
Securing letter of credit
Obtaining IEC number and RBI code number
Obtaining RCMC certificate from export promotion council/commodity board
Manufacturing/procuring goods and packing them
Procuring export inspection certificate
Dispatching goods to port and sending receipt to agent
Formalities by forwarding agent
Getting certificate of origin
Getting consular invoice
Preparing commercial invoice and submitting documents to bank
Securing payment
Claiming export incentives
Appointing forwarding agent
Export Documentation
Pro forma invoice
Commercial invoice
Bill of lading
Consular invoice
Certificate of origin
Shipper’s export declaration
Export packing list
Designing export strategy
Assess the company’s export
Obtain expert counseling on exporting
Select a proper market
Formulate and implement an export strategy