Brief Content of START UP Program
International Bodies, Import Cycle, IEC Online Application, Types of Transportation, Containers & Packaging, Inco Terms and Payment Terms
- Continents and Myths
- International Bodies and Local Bodies
- Ministry of commerce, Revenue, office of DGFT, ICC, WTO, Shipping Line, Air Line, Customs
- roker, Freight Forwarder
- Import Cycle
- Online IEC Application
- Types of Transportation, Containers and Packaging
- Different type of Delivery Terms & Cost - Risk Involved
- Types and sizes of containers, FCL, LCL
- How to book containers
- Different type of Payment Terms and Risk Involved
Product & Market Selection & Research, Verification of seller and Importance of Exhibition Visits and Identifying sellers, Communication
- How to read Foreign Trade Policy, Government Policies
- Selection of product for Import
- Sources to Find New Product
- Importance of Trade Fairs & Exhibition
- How to call for samples, Literatures, Technical write ups
- Importance of FTA & FTP
- How to verify Genuinity of Sellers
- Importance of Onsite Inspection / Quality check
- Online Business Promotion for Imports
- Identifying & Selection of Potential Market of Import
-
Import Shipment Documentation, GST & Custom Clearance and Documents Practical
- Importance of Contract & Various Aspects
- Full LC Clauses
- Import Documentation and procedure, Merchanting Trade / 3rd Party Imports, HSS
- Procedures, Switch BL
- GST & Custom Procedures
- Complete list of documents required for import clearance
- Marine Insurance
- CUSTOMS DUTY-Meaning, Why and when levied, How calculated, whom to pay and how to pay.
- Customs Duty Exemption & Redemption Schemes.Incentive schemes of Government of India.
- Chapter 3 of FTP.
- CUSTOMS CLEARANCE IMPORTS: BoE, Types of BOE, Appraisal, Assessment and Examination of goods.
- How to reduce cost and increase profitability
Practical
- On field for Import
- Product Selection
- Read Government Policies
- Identifying Suppliers
- Calling for samples
- Preparing Quotation
- How to appoint CHA/Freight Forwarder
- Calculate Import Duty
- Documentation
- List of documents
- Preparing documents
