Import Export Procedures

Unit I: Internal and International trade – Difference between
Internal and International Trade-Features of International Trade-
Advantages and disadvantages of giving protection.
Unit II : Balance of Trade – Meaning – Balance of Trade Vs
Balance of Payments – Components of Balance of payments –
Equilibrium and disequilibrium in the balance of payments – causes
for disequilibrium – measures for correcting disequilibrium exchange
control – meaning – objectives – methods of exchange control.
Unit III: Export procedure – preliminary steps in exporting –
export documents – documents related to goods – certificates re-
lated to shipment – documents related to payment.
Unit IV: Import procedure – Import of capital goods – EPCG
scheme – import under duty exemption scheme – procedure for
customs clearance – levy of customs duty kinds of customs duty –
imports by export oriented units – export processing zone.
Unit V: Export promotion – objectives – organizational set up –
Incentives – marketing assistance – import facilities for exports –
major problems of India’s export sector.