Classification of Exports

Merchandise Exports
Service Exports Project Exports Deemed Export

Business of managing variety Multi-disciplinary functional area

Non routine activities

Uncertainty of environment

1.
Already exist or Not, select firm name- Get approval of name from the regional licensing authority Develop International division with infrastructure Firm may be proprietor, partnership or joint venture Requirements- Current Account, PAN, Registration with sales Tax, Central Excise & Concerned EPC, No name in caution list

a.Fill the application form & get the permission from DGFT (for IEC) b.Fill the application form & get the permission from EPC (RCMC) c.For service exporters (except soft wares) get the permission from FIEO (Federation of Indian Exporters Organization ) d.License will be given as merchant or manufacturer exporter e.In case an exporter desires to get registration as a manufacturer exporter, he shall furnish evidence to that effect.

 The registering authority may de-register an RCMC holder for a specified period for violation of the conditions of registration. Before such deregistration, the RCMC holder shall be given a show cause notice by the registering authority, and an adequate and reasonable opportunity to make a representation against the proposed de-registration. Upon de registration, the concerned export promotion council shall intimate the same to all the licensing authorities.

A person aggrieved by a decision of the registering authority in respect of any matter connected with the issue of RCMC may prefer an appeal to the Director General of Foreign Trade or an officer designated in this behalf, within 60 days. The DGFT may direct any registering authority to register or deregister an exporter

 Benefits EPC & Commodity board provides consultancy service for export & manufacturing as well, Market information, Organize export promotion tours, Assists exporters in participating in international fairs held in India or abroad, liaise with Govt. of India, Cost- EPC & CB has its own Schedule of annual membership fee. Generally, the fee is based upon export turnover of the applicant. The fee rising in value as the export turnover becomes larger.

Export Marketing Merchandising Procurement/ Production Logistic Quality Control Finance & Accounts Export order Administration R&D

The Export Promotion Councils are organisations registered under the Indian Companies Act or the Societies Registration Act, as the case may be. They are supported by financial assistance from the Government of India.

To project India's image abroad as a reliable supplier of high quality goods and services. EPCs encourage and monitor the observance of international standards and specifications by exporters. EPCs keep abreast of the trends and opportunities in international markets for goods and services Assists their members in taking advantage of such opportunities in order to expand and diversify exports.

To provide commercially useful information and assistance to their members in developing and increasing their exports To offer professional advice to their members in areas such as technology up gradation, quality and design improvement, standards and specifications, product development and innovation etc. To organise visits of delegations of its members abroad to explore overseas market opportunities. To organise participation in trade fairs, exhibitions and buyer-seller meets in India and abroad. To promote interaction between the exporting community and the Government both at the Central and State levels To build a statistical base and provide data on the exports and imports of the country, exports and imports of their members, as well as other relevant international trade data.

 Agricultural and Processed Food Products Export Development Authority (APEDA) Apparel Export Promotion Council Chemicals Pharmaceuticals & Cosmetics Export Promotion Council, (CHEMEXCIL) Carpet Export Promotion Council Cashew Export Promotion Council of India Chemical & Allied Products Export Promotion Council Cotton Textile Export Promotion Council Coffee Board Coir Board Electronic & Computer Software Export Promotion Council Engineering Export Promotion Council Federation of Indian Export Organisations (FIEO)

Gems & Jewellery Export Promotion Council Export Promotion Council for Handicrafts Handloom Export Promotion Council Handicrafts & Handloom Export Corporation Office of the Development Commissioner for Handlooms Development Commissioner for Iron Steel Indian Silk Export Promotion Council Indian Trade Promotion Organisation Council for Leather Export Marine Products Exports Development Authority (MPEDA) National Agricultural Cooperative Federation of India Ltd. (NAFED) Overseas Construction Council of India Power loom Development and Export Promotion Council Plastic & Linoleum Export Promotion Council Rubber Board

Sports Goods Export Promotion Council Spices Board Central Silk Board Synthetic & Rayon Textiles Export Promotion Council Tea Board Tobacco Board Wool & Woollens Export Promotion Council

India Trade Promotion Organization (ITPO) is the agency of the Government of India for promoting the country's external trade. ITPO, during its existence of nearly three decades, in the form of Trade Fair Authority of India and Trade Development Authority, has played a proactive role in trade, investment and technology transfer processes.

organizing of fairs and exhibitions in India and abroad, Buyer-Seller Meets, Promotion Programmes, Product Promotion Programmes, Promotion through Overseas Department Stores, Market Surveys and Information Dissemination

The experience of operating berths through PPPs(Public private projects) at some of the major ports in India has been quite successful. It has, therefore, been decided to expand the programme and allocate new berths to be constructed through PPPs The Government has also decided to empower and enable the 12 major ports to attain world-class standards. To this end, each port is preparing a perspective plan for 20 years and an action plan for seven years.

A high level committee has finalised the plan for improving rail-road connectivity of major ports. The plan is to be implemented within a period of three years. The National Maritime Development Programme is expected to bring a total investment of over Rs.50,000 crore in the port infrastructure. Minor ports are already being developed by domestic and international private investors: Pipavav Port by Maersk and Mundra Port by Adani Group

Pipava Port 152 nautical miles from Mumbai 1 nautical miles = 1.85 KM

FLOW CHART I
Knowledge of Market Knowledge of Product Knowledge of Incentives Product Costing

Proforma Invoice

Sample if necessary

Confirmation of Export Contract

Payment terms

Scrutiny of L/C

Amendments if Necessary

Preparation of Physical Exports

Benefits & Execution

Continued.

Pre Shipment

Post Shipment

Confirmation from Buyer of Receipt of Goods

Payment Realisation

Realisation of Benefits

Statutory Records

The Export Inspection Council (EIC) was set up by the Government of India under Section 3 of the Export (Quality Control and Inspection) Act, 1963, in order to ensure sound development of export trade of India through Quality Control and Inspection.

Notify commodities which will be subject to quality control and/ or inspection prior to export, Establish standards of quality for such notified commodities Specify the type of quality control and / or inspection to be applied to such commodities.

Besides its advisory role, the Export Inspection Council, also exercises technical and administrative control over the five Export Inspection Agencies (EIAs), Chennai, Delhi, Kochi, Kolkata and Mumbai

Certification of quality of export commodities through installation of quality assurance systems Certification of quality of food items for export through installation of Food safety Management System in the food processing units. Issue of Certificates of origin to exporters under various preferential tariff schemes for export products.

Export Credit Guarantee Corporation of India Limited, was established in the year 1957 by the Government of India to strengthen the export promotion drive by covering the risk of exporting on credit. It is managed by a Board of Directors comprising representatives of the Government, Reserve Bank of India, banking, insurance and exporting community. ECGC is the fifth largest credit insurer of the world in terms of coverage of national exports.

Provides a range of credit risk insurance covers to exporters against loss in export of goods and services Offers guarantees to banks and financial institutions to enable exporters to obtain better facilities from them Provides Overseas Investment Insurance to Indian companies investing in joint ventures abroad in the form of equity or loan

Offers insurance protection to exporters against payment risks Provides guidance in export-related activities Makes available information on different countries with its own credit ratings Makes it easy to obtain export finance from banks/financial institutions Assists exporters in recovering bad debts Provides information on credit-worthiness of overseas buyers

Also Known as SCR (Shipment Comprehensive Risk) Turnover should be more than 50 lacs. Only for the 180 days. Small Exporter Scheme Less than 50 lacs Issued for the 12 months SSP-ST (Specific Shipment Policy Short term) Duration 12 months BW-ST (Buyer wise police ST)

Export Turnover Policy Has to pay the premium at least 10 lac/yr Buyer Exposure Policies- All buyers or specific buyers Overseas Investment Guarantee- No claim for joint venture Construction Works Policy