LIMRA INSTITUTE OF FOREIGN TRADE

BANGALORE 5600070

9:30 AM - 7:00 PM

Monday to Saturday

Course Module

SETTING UP OF FIRM

  • Formation of companies & Types of companies
  • Government Registration formalities, Taxes, income taxes,
  • Domestic competition in market and profits margin
  • Star trading houses ( EOU/STPL/HTPL)
  • How to select a product for Export/Import
  • Market Selection with the right country
  • How to Select Company Name
  • when to do MEIS Registration
  • Where should Open Current Account of Your Company
  • DGFT licensing for IEC registration
  • How to Do RCMC for different-different Commodities
  • Bank AD Registration

EXPORT & IMPORT DOCUMENTATION

BASIC DOCUMENTS REQUIRED FOR EXPORT-IMPORT OF ALL SECTORS.

Overview of Foreign Trade Policy 2015-20

  • Registration of Export firm ( IEC ) from dgft
  • BASIC DOCUMENTS REQUIRED FOR EXPORT & IMPORT OF ALL SECTORS.
  • Registration in customs
  • Export promotion councils (EPC’s)
  • REGISTRATION IN APEDA, EEPC, AEPC Spice Boards (RCMC)
  • INCO Terms for Delivery & Payment of Delivery
  • Which mode of transport should be used ( air/sea/land/post/)
  • benefits to Exporter ( Duty Draw Back , Advance Licence )
  • Live Pricing Evaluation from Real Market
  • Fumigation Certificate
  • How to calculate transport cost TP With Insurance
  • How to calculate custom charges from CHA
  • How to calculate shipping charges By freight Forwarder
  • Pre & Post Shipment Procedure and Documentation
  • Imports detail
  • What to import?
  • Find many Import opportunities in India
  • Import for Re-Export Basis
  • High Sea Sale
  • Third Country Export
  • Anti-Dumping Duty
  • Product Inspection
  • Need for inspection before Shipment

EXPORT & IMPORT MARKETING

  • IMPORT POLICY/CLASSIFICATIONS/TIPS OF SELECTING PRODUCT
  • INTERNATIONAL MARKETING ENVIRONMENT
  • MARKET ENTRY STRATEGIES
  • TRADE CYCLE
  • CHANNELS OF DISTRIBUTION
  • INTERNET MARKETING
  • DOMESTIC & INTERNATIONAL WEBSITE/MAGAZINES
  • EXPORT OF SERVICES/PROJECTS
  • WTO/INTERNATIONAL MONITORY FUND(IMF)
  • Top Ways of Finding Genuine Buyer
  • BECOME EXPERT IN FINDING BUYERS/IMPORTERS
  • SEO base parameters
  • Google Platform for Promotion of your Website
  • Importance of National & International Trade Fairs
  • How to do Personal visit with Foreign Buyer’s
  • Sources to Build Genuine Data Base of Buyers
  • How to get Buyer’s Data
  • Trade Associations
  • List of Indian embassies abroad
  • Personal Visit with Delegations
  • Trade Delegation for bilateral growth
  • Online List
  • Exhibition
  • Trade Agents
  • INTERNATIONAL BODIES FOR EXPORT & IMPORT
  • Role of ICC, WTO & IMF
  • EU/NAFTA/SAFTA/SARRC
  • Introduction of Foreign Trade Policy
  • Role of FTP
  • World Trade Organizations Policy
  • World Custom Organizations Policy

EXPORT & IMPORT FINANCE

  • Export Finance- Pre-Shipment & Post-Shipment credits,
  • Role of Financial Institutions & Banks
  • Payment risk, on Type of Letter of credit
  • Bank Guarantee, RBI Guidelines, Foreign Exchange Rates, Details of FERA
  • Role of ECGC (Export credit guarantee corporation)*
  • Risk covered by ECGC
  • Types of policy by ECGC

CUSTOMS CLEARANCE (AIR/SEA/LAND)

  • Rules and regulation of customs
  • Documentation for customs
  • TARIFF/NON-TARIFF
  • Valuation & classification in customs
  • Documents given from customs
  • Import duties calculations
  • Warehouse under customs
  • CHA – Custom House Agent (Role & Responsibilities)
  • Freight Forwarder’s (Role & Responsibilities)

SHIPPING & PACKAGING

  • Selection of logistics and the role of logistics services
  • Role of airlines and shipping line
  • Custom Clearance, Air Way Bill, Bill of Lading (B/L ) , Shipping Bill Chamber of Commerce certificate, Bank Certificate.
  • Documents for Custom
  • Documents for Bank for Payment
  • Documents for Buyer & shipping line
  • Types of Shipping Line / Airlines / Freight Forwarder
  • Transshipments / Partial Shipments
  • Types of Containers
  • Types of Vessels / Ships
  • Types of Containers (20’, 40’ Dry and High cube container)
  • Standard Container
  • Open Top Container
  • Flat Rack Container
  • Refrigerated and insulated Container or Cool Container
  • Tank Container
  • Mode of Transportation (Worldwide For goods)
  • Truck / Lorry
  • Rail / Concor
  • Ocean carrier
  • Types of packing
  • Production and packaging
  • Crates, Pallets, Jumbo bags, Food packaging, Drums and Bundles (As per the product)
  • How to use International Packaging symbols and Box selections
  • Different Agencies for packing
  • Tests of packing
  • Claiming packing loan

Banking Formalities For Export/ Import / RBI

  • Types of Banks
  • Payment Terms DA/DP & Advance
  • Method of Payment Transfer: TT & LC
  • Banking and Finance
  • Pre Shipment Finance form your Bank
  • AD code/ swift code
  • RBI – Reserve Bank of India Filling
  • Bank Role in Foreign Trade
  • Letter of Credit (L.C.) Irrevocable
  • Type of Letter of Credit
  • Letter of Credit Discounting
  • Export-Import Finance by Govt Institution
  • EEFC- exchange earners’ foreign currency account
  • PCFC pre-shipment Credit in foreign currency
  • E-BRC (Bank realization certificate)

SOFTWARE EXPORT

  • Software companies Registration in Software Technology Parks(STP)
  • Documentation
  • OFF-Shore Services
  • Export though Physical Media

 

Digital Marketing

  • Create a Business page on Social Media Marketing
  • LinkedIn, Facebook, WhatsApp, etc.
  • Business Group joining.
  • Group posting.
  • Create your Company profile.
  • Country-wise Yellow Pages.
  • To find out area wise vendors and importers.
  • Country-wise Trade Directories.
  • IMP websites.
  • B2B Sites Registration and Free Listing.
  • B2B and B2C Concept.