Fast-Track Program on Import


Objective

  • To Provide Working Knowledge of Import Cycle including Risk Management.

Highlights

A. Sessions

  • A1. Practical Sessions By Industry Experts, covering all aspects of Import

B. During Session

  • B1. Handbook of Procedures and Documents
  • B2. PPT with Important links
  • B3. iiiEM Notepad
  • B4. Certificate after completion of the Program

C. Post Session Support

  • C1. Participant will have facility to re-attend the session, Repeat or Missed ( *Refreshment Charges to be paid )
  • C2. Latest updates on Import
  • C3. Placement Assistance: Exclusive Import Jobs Portal (www.iiiemjobs.com)
  • C4. Lifetime helpdesk for Import queries

Benefits

  • Practical understanding Case Studies + Sharing Practical Experience from Concern Expert.
  • To Start Your Own Import Business or May Work as Import Consultant.
  • Opportunities for Jobs in Exclusive Import Organizations, Shipping Line / Air Line, Banking @ National & International Level.

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 



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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