PROJECT REPORT ON Export-import PROCEDURE AND DOCUMENTATION 2015-17

MBA ( INTERNATIONAL BUSINESS) 3rd SEMSUBMITTED TO : SUBMITTED BY: ABHILASH HALDKr GAGANDEEP SINGH

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COMPANY CERTIFICATE

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TABLE OF CONTENT

   COMPANY CERTIFICATE ……………………………………1  INTRODUCTION……………………………………………..3  MAJOR LEARNING…………………………………………..5  SWOT ANALYSIS ……………………………………………..8 

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INDUSTRY PROFILE"Custom House Agent" means a person licensed, temporarily or otherwise, under the regulations made under sub-section (2) of Section 146 of the Customs Act, 1962 (52 of 1962), [Section 65(35)]. The services rendered by the custom house agent are not merely limited to the clearing of the import and export consignment. The CHA also renders the service of loading/unloading of import or export goods from/at the premises of the exporter/importer, the packing, weighment, measurement of the export goods, the transportation of the export goods to the customs station or the import goods from the custom station to the importers premises, carrying out of various statutory and other formalities such as payment of expenses on account of octroy, DE stuffing /palletisation terminal handling, fumigation, drawback/DEEC processing, survey /amendment fees, dock fees, repairing and examination charges, landing and container charges, statutory labour charges, testing fees, drug control formalities, sorting /marking/stamping/sealing on behalf of the exporter/ importer. The custom house agent incur various other expenses such as crane/fork lift charges, taxi charges, Photostat and fax charges, bank collection charges, courier service charges, and miscellaneous other expenses on account of the importer /exporter. For all the above charges, the CHA is ordinarily reimbursed by the importer/ exporter for whom the above services are rendered. Apart from the above charges, the CHA also charges the client for his services under the head /nomenclature of “agency and attendance charges “ or similar kind of heads which is purported to be his service charge in respect of the services rendered in relation to the import/export goods.

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COMPANY PROFILE Started in the year 1990 with the idea of providing consultancy to the upcoming exporters & importers in and around Indore, Movar is today a complete logistics solution provider with diversified business of Freight Forwarding and EXIM Consultancy.It has its presence in Mumbai, ICD Pithampur, ICD Mandideep, ICD Malanpur & Cochin. The Company offers a prompt and well organized custom clearance service to its customers covering both Air and Sea, Legalization of Documents, arranging Fumigation, Inspection Certificates, Certificates from Chamber of Commerce and much more. Movar also provides timely EXIM advice to customers, assisting them to comply with tariffs, preparing reports and in availing the maximum advantage from various schemes as granted by the DGFT.Movar possesses the best of infrastructure facilities and employs highly qualified, skilled and well experienced staff to handle all the work pertaining to Custom Clearance & Freight Forwarding in the above locations.The Company’s integrated services under one roof keeps it abreast with changes in the industry and helps to maintain an excellent rapport with both Government and Non-Government offices, such as the Directorate General of Foreign Trade, The Custom House, The Port Authorities, The Chamber of Commerce, Bank, The Consulates & Embassies, Shipping Lines, Airlines, Freight Forwarders etc.With over a decade of experience and with " Customer Satisfaction " as their main objective and strength, Movar now offer its clients a broad spectrum of services

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MAJOR LEARNING

1. How to work in an professional organisation.2. Export procedure followed by CHA.3. Preparation of different export documents(Shipping bill, EGM et.).4. Filing of shipping bill and other documents through EDI system.5. Learn about the work of merchant exporter and custodian of Air Cargo Complexes.6. Learn about different export schemes to promote export in India(Duty draw back, Duty Exemption , EPCG.

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7. Freight forwarder work (Choosing of carrier co., arrangement of container, negotiate with the carrier co. . 8. Learn about different shipping companies and there operation areas like Maersk, MSC, CMA_CGM, Ever Green Marine, safe marine etc.(Vessel operator/NVOCC)9. Learn about different types of container (DRY, Flat Rack, open top, refrigerated, tunnel container etc ,.10. Types of cargo (Break Bulk, Project Cargo etc. )11. Stuffing (Factory stuffing & ICD Stuffing)12. Use of Visual Impex Software.11. How to track the consignment.

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1. Import procedure followed by a CHA.2. Learn about the different major documents involved in the

Import.(Freight certificate, Bill of Entry, IGM , DO etc.3. Identify the Imported good on the basis of ITC-HS code.4. Learn about DFIA(duty free import authorisation scheme)

only from basic custom duty.5. Calculation of Custom Tariff. (Landing charges, Base rate,

CVD , CEDC, CHEDC, Additional Duty )6. Demurrage and detention charges .

IMPORT

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SWOT ANALYSIS OF Movar Logistics PVT LTD

 STRENGTH -Best experienced CHA is the head of the company.-Goodwill among the customers.-Wide coverage of the market in Madhya Pradesh.-Good relationship with the different Govt. departments.-Three time best CHA award in last 5 yrs in M.p .-Accountability of the employees are predefined.

WEAKNESS

-Not so good office infrastructure.-Working culture is not so good (not updated).-Employees are not so qualified.-Employees are from particular area which shows biasness in recruitment.

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OPPORTUNITY -To cover more market share by using own good reputation in the market.-Again chance to become leader of the field.-Growing scope of international trade.

THREAT -Loosing of market share.-Competition-Local govt. department’s restrictions.