PRELIMINARY FOR EXPORT IMPORT

DIEM - 0215 (Copy Rights With iiiEM, Ahmedabad)

TOPICS

• INCOTERMS – Export Pricing• International Terms• Types of Ports• Types of Containers• Types of Packaging• International Payment Terms

DIEM - 0215 (Copy Rights With iiiEM, Ahmedabad)

INCO TERMS

What is INCOTERMS? – Click• Importance of INCOTERMS?

- Port of Loading- Port of Destination

• Types of INCOTERMSi. Ex Works – Cost Up to Factoryii. FOB – Free On Board – Cost Up to Port of Loading

(Cost Up to Factory + Local Transportation + Custom Clearance Charges)

DIEM - 0215 (Copy Rights With iiiEM, Ahmedabad)

INCO TERMSi. C&F / CFR / CNF – Cost & Freight – Cost Up to Port of

Destination (FOB + Shipping Line / Airline Freight Charges Up to Port of Destination)

ii. CIF – Cost Insurance & Freight – (C&F + Insurance Charges)

iii. DDU – Delivery Duty Unpaid – (CIF + Import Clearance Charges at Port of Destination)

iv. DDP – Delivery Duty Paid – (Door Delivery Charges without Import Duty)

DIEM - 0215 (Copy Rights With iiiEM, Ahmedabad)

TYPES OF PORTS & TERMS

A. SEA PORT - ClickB. AIR PORT - ClickC. DRY PORT - Click

- CFS – Container Freight Station- ICD – Inland Container Depot

• Trans-shipment• Partial Shipment

DIEM - 0215 (Copy Rights With iiiEM, Ahmedabad)

TYPES OF CONTAINERS

• 20’ft - Size• 40’ft - Size• 40’ft HQ - Size• Drum Containers• Open Top Containers• Flat Track Containers• Referrer Containers

DIEM - 0215 (Copy Rights With iiiEM, Ahmedabad)

TYPES OF CONTAINERS

What is FCL & LCL?

• How to Calculate Freight Charges in LCL- Weight or Volume

DIEM - 0215 (Copy Rights With iiiEM, Ahmedabad)

TYPES OF PACKING • Primary Packing• Secondary Packing• Importance of Marks & Numbers on Boxes• Preference of Marks & Numbers on Boxes• Types of Material being used in Packing

- Bag Packing- Carton / Corrugated box Packing- Drum Packing- Wooden Box / Pallets

What is fumigation?DIEM - 0215

(Copy Rights With iiiEM, Ahmedabad)

INTERNATIONAL PAYMENT TERMS

• 100% Advance• Part Advance Balance Against Proof of Export• CAD - Cash Against Documents / D/P –

Documents Against Payment- Transactional Cycle under CAD (*)

• D/A: Documents Against Acceptance- Transactional Cycle under D/A (*)

(Cont…) DIEM - 0215

(Copy Rights With iiiEM, Ahmedabad)

INTERNATIONAL PAYMENT TERMS

Risk involved under Above Payment Terms– Advances – Risk For Importer– CAD or D/A –Risk For Exporter

DIEM - 0215 (Copy Rights With iiiEM, Ahmedabad)

INTERNATIONAL PAYMENT TERMS

• Introduction of Letter of Credit (L/C) – ClickAlso Known As DOCUMENTRY CREDIT (UCP - DC)

- What is L/C?- Cycle for Receiving Letter of Credit- Safety for Exporter & Importer

DIEM - 0215 (Copy Rights With iiiEM, Ahmedabad)

INTERNATIONAL PAYMENT TERMS

TYPES OF L/C- Revocable L/C / Irrevocable L/C- At Sight L/C / It Usance L/C- Restricted L/C- Transferable L/C / Back to Back L/C- Revolving L/C- Confirmed L/C

DIEM - 0215 (Copy Rights With iiiEM, Ahmedabad)

Thank You..!!!helpdesk@iiiem.in

DIEM - 0215 (Copy Rights With iiiEM, Ahmedabad)