STD Chap-2 Trade (Part-8)

This video is about Procedure of Export Trade

Export Trade : Export Trade refers to selling of goods & services to foreign country.

The procedure of export trade is divided into 4 stages :

I Stage - Preliminary Stage
1. Registration
2. Appointment of Agent

II Stage - Pre- shipment Stage
1. Receipt of Order
2. Letter of Credit
3. Pre - shipment Finance
4. Production of Goods
5. Packaging
6. ECGC Cover
7. GST Formalities
8. Marine Insurance
9. Clearing & Forwarding Agents

III Stage - Shipment Stage
1. Processing of Document
2. Examination of Goods
3. Loading of Goods

IV - Post - shipment Stage
1. Shipment Advice
2. Presentation of Documents
3. Realisation of Export Incentive
4. Follow Up
This concludes the export procedure .

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