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    Import and Export

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    Basic presentation on import and export

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    Import and Export

    Uploaded by

    kevinboby007
    20 views13 pages
    Basic presentation on import and export

    Original Title

    Import and export

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    Basic presentation on import and export

    Copyright:

    © All Rights Reserved
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    Download as pptx, pdf, or txt
    20 views13 pages

    Import and Export

    Uploaded by

    kevinboby007
    Basic presentation on import and export

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 13

    IMPORT AND EXPORT

    KEVIN BOBY
    535
    29TH A BATCH
    IMPORT

    The term import is derived from the conceptual


    meaning as to bring in the goods and services into
    the port of the country. The buyer is called
    importer
    EXPORT

    This term export is derived from the conceptual meaning


    as to ship the goods and services out of the port of a
    country. The seller is known as exporter
    BALANCE OF TRADE

     Balance of trade represents a difference in value for import


    and export for a country.

     A trade deficit occurs when imports are large relative to


    exports.

     Imports are impacted principally by a country's income and its


    productive resources
    ADVANTAGES OF
    IMPORT

    REDUCE DEPENDENCE ON EXISTING MARKETS


    E X P L O I T I N T E R N AT I O N A L T R A D E T E C H N O L O G Y
    E X T E N D S A L E S P OT E N T I A L O F E X I S T I N G P R O D U C T S
    M A I N TA I N C O S T C O M P E T I T I V E N E S S I N T H E M A R K E T
    DISADVANTAGES OF
    IMPORT
    I M P O R TAT I O N O F I T E M S F R O M OT H E R C O U N T R I E S C A N
    INCREASE THE RISK OF GETTING THEM WHICH IS NO MORE
    C O M M O N I N T H E WA R M W E AT H E R .
    I T L E A D S TO E XC E S S I V E C O M P E T I T I O N
    I T A L S O I N C R E A S E S R I S K S O F OT H E R D I S E A S E S F R O M W H I C H
    THE COUNTRY IS EXPORTING THE GOODS.
    ADVANTAGES OF
    EXPORT

    E X P O R T I N G I S O N E WAY O F I N C R E A S I N G YO U R S A L E S P OT E N T I A L
    INCREASING SALE& PROFITS
    R E D U C I N G R I S K A N D B A L A N C I N G G R O W T H - S E L L E XC E S S
    P R O D U C T I O N C A PA C I T Y.
    GAIN NEW KNOWLEDGE AND EXPERIENCE
    DISADVANTAGES OF
    EXPORT
    EXTRA COSTS
    FINANCIAL RISK
    EXPORT LICENSES AND DOCUMENT
    M A R K E T I N F O R M AT I O N
    TYPES OF EXPORTS

    PHYSICAL EXPORTS
    If goods physically go out of the country

    DEEMED EXPORTS
    If goods and services are supplied to another entity
    TYPE OF IMPORTS

    1. Industrial and consumer


    goods

    2. Intermediate
    goods and services
    EXPORT IMPORT PROCESS
    R E G I S T E R A S A N I M P O RT E R O R E X P O RT E R

    N E G O T I AT E T E R M S O F S A L E

    U N D E R S TA N D - E X P O RT F O R M A L I T I E S A N D
    R E S P O N S I B I L I T Y T O WA R D S S A L E S P R O C E E D S

    U N D E R S TA N D D O C U M E N TAT I O N A N D I N C O T E R M S

    F O R E X P O RT, C O M P L E T E C U S T O M S F O R M A L I T I E S
    A N D O B TA I N D O C U M E N T S

    S U B M I T T O T H E B A N K F O R O N WA R D
    TRANSMISSION TO BUYER

    RECEIVE SALES PROCEEDS


    CUSTOMS DUTY
    'Customs duty is a kind of indirect tax which is
    realized on goods of international trade. In
    economic sense, it is also a kind of consumption
    tax. Duties levied by the government in relation to
    imported items is referred to as import duty. In
    the same vein, duties realized on export
    consignments is called export duty. Tariff, which is
    actually a list of commodities along with the
    leviable rate (amount) of Customs duty, is
    popularly understood as Customs duty
    THANK YOU

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