Export Procedure & Formalities Export Trends Motivational Package Offered by Govt. to the Exporter Export Procedure & Formalities Export Procedure‚ Issuance and Disposal of EXP Form‚ Negotiation of Export Bill‚ Collection of Export Bill‚ Handling of Discrepant Documents under Documentary Credit‚ Dispute Settlement‚ Exchange Rate used in Negotiation
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EXPOR T IMPORT PROCEDURE AND DOCUMENTATION EXPORT IMPOR T PROCEDURE AND DOCUMENTATION COURSE OVERVIEW The world is forever changing‚ but the events that have taken place since1989 have been particularly dramatic. There have been border changes‚ in the name of country changes and technological innovations all of which have contributed to‚ altering the traditional depiction of countries in both shape and size. Our trading environment in terms of market structure and so we need new tools to
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INTRODUCTION Export incentives Devices used by countries to encourage exports. These can include tax incentives for exporters‚ allowing them exemptions from the normal provisions of anti-monopoly legislation‚ preferential access to capital markets‚ priority Developing countries have started manufacturing industries only recently. As a result‚ their cost of production generally tends to be high because of the following reasons: Total market availability within the country is small with the result
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Macro-Economics Essay Using the data and your economic knowledge‚ assess the importance of an increase in exports for achieving an improvement in the performance of the UK economy. (25 marks) To assess the impact of an increase in exports for achieving an improvement in the performance of the UK economy‚ we must first define the macroeconomic indicators‚ which are factors the government use in assessing the performance of the current economy. These are‚ prices and inflation‚ employment and unemployment
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Export Sector in India The export sector of Indian economy made comprehensive progress over the last decade. The exponential growth of the export sector of Indian economy can be attributed to the liberal Government of India economic policy. Indian exports have an ambitious target of US 160 billion in 2007-08. The achievement came to the Indian exports in the last fiscal despite the odds against the exports‚ minimizing the gains. In the first two months of 2007-08 exports grew by 20.3%‚ which was
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The main objectives of export trade are as follows: (i) To sell surplus goods: A country may produce a commodity in such quantities that are more than its needs. The country can sell its surplus output to foreign countries. In this way export trade is undertaken to make fruitful use of surplus goods. (ii) To make better utilisation of resources: Export trade widens the market for goods. A country can make better utilisation of its resources by producing goods on a large scale both for domestic
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the world with an annual production of about 800 Million Kgs. Of the different types grown‚ flue-cured tobacco‚ country tobacco‚ burley‚ bidi‚ rustica and chewing tobacco are considered important. India stands 3rd in production of tobacco and in exports‚ Brazil and USA are ahead of India. Tobacco and tobacco products earn approx Rs.20‚000 Cr. to the national exchequer by way of excise duty‚ and approx.Rs.5000 Cr. by way of foreign exchange every year. Introduced by the Portuguese in the 17th century
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Credit and finance is the life and blood of any business whether domestic or international. It is more important in the case of export transactions due to the prevalence of novel non-price competitive techniques encountered by exporters in various nations to enlarge their share of world markets. The selling techniques are no longer confined to mere quality; price or delivery schedules of the products but are extended to payment terms offered by exporters. Liberal payment terms usually score over
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Procedure for Import and Export General Provisions Goods are imported in India or exported from India through sea‚ air or land. Goods can come through post parcel or as baggage with passengers. Procedures naturally vary depending on mode of import or export. Procedures discussed in this Chapter are applicable for imports by sea‚ air or land‚ but not as baggage or postal dispatch. COMPUTERISATION OF CUSTOMS WORK - Work of customs at Delhi airport has been computerized. Work at Mumbai port is also
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(13%)‚ Crude Petroleum (9.3%)‚ Refined Petroleum (6.8%)‚ Office Machine Parts (3.6%)‚ and Cars (2.9%) Top 5 Import origins of The Philippines China (13%)‚ Japan (11%)‚ United States (10%)‚ South Korea (8.9%)‚ and Other Asia (6.7%) EXPORT Top 5 Export destinations of The Philippines China (23%)‚ Japan (13%)‚ United States (12%)‚ Hong Kong (9.8%)‚ and Singapore (5.4%) Top 5 Products exported by The Philippines Integrated Circuits (23%)‚ Computers (10%)‚ Semiconductor Devices (4.7%)‚
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