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International Business - II

Question
CBSEENBS11004885

Eplain Export Procedure?

Solution
1. Receipt of enquiry and sending quotations.

2. Receipt of order or indent.

3. Assessing importer’s credit worthiness and securing a guarantee for payment.

4. Obtaining export license.

5. Obtaining pre-shipment finance.

6. Production or procurement of goods.

7. Pre-shipment inspection.

8. Excise clearance.

9. Obtaining certificate of origin.

10. Reservation of shipping space.

11. Packing and forwarding.

12. Insurance of goods.

13. Customs clearance.

14. Obtaining mates receipt.

15. Payment of freight and issuance of bill of lading.

16. Preparation of invoice.

17. Securing payment.