Tuesday, 31 July 2018

Step by Step procedure in Exports | Flow Chart in exports | Learn Exim

Hi !!

I hope you are doing good there .

In this section i am going to discuss about the step by step procedure which are practiced during the exports business .





Step 1 : Importer approaches Exporter .

Step 2 : Exporter asks the importer about the requirement . It is important to ask the following the information from the importer so that the exporter has a clear idea about the importers requirement.

- Name of the product

- Quality

- Quantity

- Specifications of the product.

- packing

- Delivery port

- Payment terms.

- Target price ( If any )

Step 3 : Upon receiving the above information exporter quotes the price or give quotation.

Step 4 : Negotiations happens

Step 5 : Later , The price is accepted by the importer , The purchase order ( P.o ) is raised by the importer . This P.O has all requisite terms and conditions on the deal , so the exporter has to  read it carefully

Step 6 : Contract signing happens between importer and exporter .

Step 7 : Payment terms as per the P.O has been made by the importer .

Step 8 : Payment confirmation is received by the Exporters bank .

Step 9 : Exporter prepares the pre - shipment documents along with the Goods and handover it to the CHA for customs clearance and thereby exported

Step 10 : After shipment , the exporter submits all the requisite documents to the bank for the negotiation of payment.

Step 11 : Payment knocks the account as per the terms in P.O in the exporters account.


These are the stages which is involved , If your importer says to Get additional Certificates then this has to be done before you handover the goods to your CHA for customs clearance .

Note :
1. The shipping terms says it all that whether you have to bare shipping charges or your importer . This is been well clarified before you kickstart .
2. Payment terms as per the P.O Again whether you will advance or post shipment .

I hope you got the entire view on exports Flow chart , For any further suggestions , Do reach us - Ln140559@gmail.com

For Practical oriented Training Sessions on Export / Import / Consultations , Do reach us on santhoshnth11@gmail.com 

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