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what is import export procedure |
Answer» Export procedure1.Receipt of enquiry and sending quotation2.Receipt of order or indent3.Assessing importer\'s creditworthiness &securing guarantee for payment4.Obtaining export licence5.Obtaining pre-shipment finance6.production of goods7.Pre-shipment inspection8.Excise clearence9.Obtaining certificate of origin10.Reservation of shipping space11.packing and forwarding12.Isurance of goods13.Custom clearence14.Obtaining mate\'s receipt15.payment of freight and insurace of bill of lading16.Preparation of invoice17.Securing paymentImport procedure1.Trade enquiry2.procurement of import license3.Obtaining foreign exchange4.Placing order or indent5.Obtaining letter of credit6.Arranging for finance7.Receipt of shipment advice8.Retirements of import documents9.Arrival of goods10.Custom clearence<br>Exporting refers to selling of goods and services from the home country to a foreign country while importing the first to purchase of foreign productsand bringing them into one\'s home country for example India import medical devices from Korea.?? | |