Presentation On Import and Export

 

PRESENTATION ON IMPORT AND EXPORT 

 

CONTENTS Defination   Balance of Trade   Types of Import & Export   Export – Import Process  

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Advantages of Export  Import  Advantages & & Disadvantages disadvantages of  Modes of Payment   EXIM Bank   !pport Instit!tes to "acilitate Export   #$T%#I   E$$  

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Excise $!stomD!ty  d!ty

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DEFINATION :Import :The Import is derived fromTerm the conceptual meaning as to bring in the goods and services into the port of a country. The buyer of such  goods and services is referred to an “Importer”.

 

DEFINATION :Export :The term Export is derived from the conceptual meaning as to ship the goods and services out of the port of a country. The seller of such goods and services is referred to as an “Exporter”.

 

BALANCE OF TRADE Balance of trade represents a difference in val!e for import and export for a co!ntry'  A trade deficit occ!rs ()en imports are large 

relative to exports'  Imports are impacted principally *y a co!ntry+s income and its prod!ctive reso!rces'

  IMPORT 

 

Two types of Import :

Ind!strial and $ons!mer goods 

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Intermediate goods and services 

  EXPORTS

 

P)ysical Exports ,- If goods p)ysically go o!t of t)e co!ntry'  Deemed Exports ,- If goods and services are s!pplied to anot)er entity' 

 

 – PROCESS

S Ru e c b e mi m i v i e t t s o a l t e h e p r b o a c n e k e d f s o r o n w a r d t r a n s m i s s i o n t o b u y e rt  R  N e g i o s t t i e a r t e a s t e a r m n s I m o f p s o a r t l e r o r E x p o r t e r U n d e r s t a n d d E o x c p u o m r t e f n o t r a ma m t i a o l n i t a i e n s d & r e s p o n s i b i l i t y o war dss a l epr o c e e ds

 

 ADV  ADVANT ANTAGES AGES OF IMPORT  IMPORT  

%ed!ce dependence on existing markets 

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Exploit international trade tec)nology 

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Extend sales potential of existing prod!cts 

 

DISADVANTAGES OF 

IMPORT  Importation of items from ot)er

co!ntries can increase t)e risk of  getting t)em ()ic) is no more common in t)e (arm (eat)er' 

It leads to excessive competition'  It also increase risk of ot)er diseases from ()ic) t)e co!ntry is exporting t)e goods'

 

 ADVANT ANTAGES AGES OF EXPORT  EXPORT   ADV 

Exporting is one (ay of increasing yo!r sales potential 

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%ed!cing risk and *alancing gro(t)  ain kno(ledge & Experience   Increasing sales & profit  

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ales excess prod!ction capacity'

 

DISADV ADVAN ANT TAGE AGES S OF DIS EXPORTS Extra costs   "inancial risk  

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Market information  Export licenses & doc!ment 

  PAYMENT 

 

  In order to complete the export process, the  payment of the exported goods has to be

received by exports the exporters. An as Exporter can receive the proceeds :-

Advance payment 

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Payment against doc!mentary *ills  Payment against doc!mentary *ills !nder letter of credit  

 

  ETAB3I/ED I0 4567 10DE% T/E EXP#%T-IMP#%T BA08 #" I0DIA A$T 4564'I0$E IT I0$EPTI#02 EXIM BA08 #" I0DIA /A BEE0 B#T/ A $ATA39T A0D A 8E9 P3A9E% T/E P%#M#TI#0 #" $%# B#%DE% T%ADE A0D I0 I0:ETME0T' $#MME0$I0 #PE%ATI#0 A A P1%:E9#% #" EXP#%T $%EDIT2 3I8E #T/E% EXP#%T $%EDIT AE0$IE I0 T/E ;#%3D2 EXIM BA08 /A2 #:E% T/EP3A9 PE%I#D2 E:#3:ED I0T# #" A0 I0DIA I0TIT1TI#0 T/AT A MAE$$? in 45 and to Export $redit !arantee $orporation of India in 456@' In 74 A!g!st2 t)e $ompany (as again renamed as E$$ 3imited'

 

WAT DOES ECGC DO!!""" rovides a range of credit ris insurance 

covers to exporters against loss in export of  goods and services. !ffers Export *redit Insurance for $aners and financial institutions to enable exporters to obtain better facilities from them. rovides !verseas Investment Insurance to Indian companies investing in oint ventures 

abroad in the form of e/uity or loan.

 

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EXCISE DUTY 

In India2 an excise is descri*ed as an indirect tax levied and collected on t)e

 goods man!fact!red in India'

 

DUTY  

 

*ustoms  is  is an a!t)ority or agency in a co!ntry responsi*le for collecting c!stoms d!ties and for controlling t)e flo( of goods2 incl!ding animals2 transports2 personal effects2 and )aFardo!s items2 into and o!t of a co!ntry' T)e movement of people into and o!t of a co!ntry is normally monitored *y immigration a!t)orities2 !nder a variety of names and arrangements' T)e immigration a!t)orities c)eck for appropriate doc!mentation2 verifynormally t)at a person is entitled to enter t)e co!ntry2 appre)end people (anted *y domestic or international arrest (arrants2 impede t)e entry of people deemed dangero!sand to t)e co!ntry'

 

T 0  0%   & '  '  1 !  !2  2  TO :- DR! SUBMITTED  AARTI  AARTI SUBMITTED BY : AN#ALI