Import process

Import process

Starting an import business is a goal of more than thousands of merchants and businessman. Like an export business, import business is also very profit business, if an importer proceeds with the right strategies. However, the torn term success and profitability of an import business greatly depends on the importer's knowledge and understanding about the international market arr4 foreign market analysis.

Today, importing goods from abroad has become a booming business, especially due to liberalization of imports and changing consumer profile in most of developing countries. The rising middle income groups of consumers in India and their increasing levels on expenditure on various products have resulted in a faster rising demand of the Indian import business. Major imports of India include cereals, edible oils, machineries, fertilizers and petroleum products. India is also a bulk importer of edible oil, sugar, pulp and paper, newsprint, crude rubber and Iron and steel.
 

In India, all the activities related to import are handled by the Directorate General of Foreign Trade (DGFT), a government body that also controls the export business in India. DGFT and all its regional offices work under the Ministry Commerce and Industries, Department of Commerce, Government of India. All the procedure and policies in matters related to import is announced by the DGFT through its notification, appendices and forms.

 

How to obtain Phyto sanitary certificate. What is phytosanitary certification

How to obtain waiver on detention/ demurrage on imported goods/container from Shipping company/CFS

What is Manifest Hold by US customs on import

What is MET exam in US import customs clearance

What is Nominated cargo or Routing order shipment

What is NVOCC? How NVOCC can provide better rate than the main shipping carriers

What is packing credit in export business?

Transferability of Bill of Lading

Transhipment - A redefinition

Travelers to India under import duty exemption, Frequently Asked Questions Part 2

Triangular export

Triangular shipment

Types of Insurance Documents.

What is Provisional Assessment in Import formalities in India?

What is said to contain in Bill of Lading.

What is Said to weigh in Bill of Lading

What is second appraisement of import clearance procedures

What is self assessment in import customs clearance in India?

What is SGS Inspection in Exports and Imports?

What is shipment Advice and what are the contents of shipping advice

What is Shipper Load, stow and count in Bill of Lading

 What is Test Report in Import clearance

What is Shut out in export trade

 

What is swift transfer in import and export trade.
What is Tail Gate exam hold in US import clearance
How to make DA mode of payment safe
How to make delay in delivery of Shipment?
How to obtain a duplicate BL, if original bill of lading lost.
How to obtain GSP - Certificate of Origin?
How to obtain Phyto sanitary certificate. What is phytosanitary certification
What is THC - Terminal Handling Charges
What is the difference between BAF and CAF
What is the difference between High sea sales and imports
What is the difference between re-exports and re-imports
Transhipment - A redefinition
Types of Insurance Documents

Travelers to India under import duty exemption, Frequently Asked Questions Part 2

Triangular export

Triangular shipment

Types of Insurance Documents.

What is the earliest date can be mentioned on Bill of Lading. Can BL date and let export date be same day?

What is the Procedure for importing goods through Post offices in India

What is Third Party Exports? Difference between manufacturer exporter and third party exporter.

What is VACIS exam in US import customs clearance

When can an exporter release bill of lading from shipping company?

When does exporter get EP copy of shipping bill after customs clearance

Which category of exporter are you? Merchant Exporter,Manufacturer exporter,Service exporter Project Exporter or Deemed Exporter

How to make DA mode of payment safe

How to make delay in delivery of Shipment?

How to minimize import cargo clearance time? An open logic proposal to WTO

How to obtain a duplicate BL, if original bill of lading lost.

How to obtain GSP - Certificate of Origin?

How to obtain Phyto sanitary certificate. What is phytosanitary certification

How to obtain waiver on detention/ demurrage on imported goods/container from Shipping company/CFS

Transferability of Bill of Lading




Comments


Hiren Patel: I want to import only 12 electric switches from china... Which documents required for that???

HIMANSHU RAJANIKANT KOTHARI: Infrared Thermometer Buy UK what prosses Inpot to india

Brian Miller: I want to import from China Diesel Generators to uk Scotland whats the first thing I should do my side

darshan: I got to reach out our free export import training and I admired a lot of your knowledge and 25 years in this field. Currently I am also working in international trade sector as export cum admin executive:(2years) My job profile: 1- scheduling Meeting and office day to day administration work. 2- Maintain employee details and attendance monitoring monthly 3- looking after housekeeping and office boy 4- Handling Export terminology in operations:( merchandising company) Documentation: Preparing pl- proforma invoice Packing list Bill of lading Certificate of orign Inspection certificate. Banking: 1-Export related bank documents submission and timely payments realisation ( International banking 2-Lodgement realisation BRC realisation 3-Negotiating with bank for TTpayment in foreign exchange spot rates,forward rates.follow up with email. 4- Looking after domestic supplier payment for procurement of finished goods and warehousing in effective manner. Logistics: 1-Getting quotation from freight forwarder and Cha(FOB,CIF, CPT and CNF)and freight and terminal handling charges. 2-After packing coordinate with freight forwarder for container booking( fcl/LCL) 3-E-mail and follow up regarding transportion, shipping bill and bill of lading.

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