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Global Country Study Report
On
Agriculture and Processed Foods Industry of
Morocco
Business Opportunities for Goa / India
Submitted to
Institute Code: 7!
Institute "ame: S#R# $ut%ra Institute of
Management
&nder t%e Guidance of
'r# (emlata Agar)al
*Associate Professor+
In partial Ful,llment of t%e Re-uirement of t%ea)ard of t%e degree of Master of .usiness
Administration *M.A+
O/ered .y
Gu0arat 1ec%nological &ni2ersity
A%medabad
Prepared by:
Students of
MBA (Semester - IV)
Group "o#3
Mont% 4 5ear:
April6 !83
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ST!"#T$S !"%&A'ATIO#
9e6 follo)ing students6 %ereby declare t%at t%e Global Country
Study Report titled ;Agriculture and Processed Foods Industry; in
(Moroo) is a result of our o)n )or< and our indebtedness to
ot%er )or< publications6 references6 if any6 %a2e been duly
acRepeat study 4 re@submission of t%e report? or any ot%er
punis%ment t%at G1& may decide#
"nroment #o* #ame Si+nature87!!B!7! Santos% Pansuriya87!!B!7 1ila< Parmar87!!B!7 An
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I#STITT" %"'TI,I%AT"
Certi,ed t%at t%is Global Country Study and Report 1itled
;A+riuture and Proessed ,oods Industry; in (Moroo) is
t%e bona ,de )or< of attac%ed student list )it% enrolment numbers6
)%o %a2e carried out t%eir researc% under my super2ision# I also
certify furt%er6 t%at to t%e best of my
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P&AGIA'ISM '"PO'T
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P'",A%"
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1o become a manager in future passing t%e t%eoretical sub0ects is
not enoug%# 1%e sub0ects are t%e bases for our carrier from )%ic%
)e can strengt%en our
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A%3#O4&"!G"M"#T
"o tas< is a single man?s e/ort cooperation and coordination of
2arious people at 2arious places goes into successfulimplementation# It is great pleasure to %a2e t%e opportunity to
e=tend our %eart@felt t%an
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Sr*
#o*
Topis Pa+e
#o*6* "7"%TIV" SMMA'5
SHM @ III
SHM IJ
8* S"%TIO# O#" : T." BSI#"SS
A# 'escription of .usiness
.# Products
C# Mar
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Tabe
#o*
#ame of Tabe Pa+e
#o*
8 S9O1 Analysis of Farm Food de%ydrates P2t# $td#
P 4 $ Account
.alance S%eet
.rea< H2en Analysis
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"7"%TIV" SMMA'5 (Sem* III)
In t%is particular study of GCSR report6 to study and understand t%e
business en2ironment and demograp%ic pro,le of t%e Morocco and
India )it% Goa state# Also study t%e S1HHP$H' Analysis 6 to ,nd
relati2e strengt%s and )ea
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fruits6 Jegetables6 Fis%# And Key importers are Crud petroleum6
te=tile fabrics6 telecommunication e-uipment6 )%eat6 gas and
electricity6 transistors6 Plastics#
$ist of industries in Morocco are P%osp%ate Roc< Mining and
Processing 6Food processing 6Manufacturing 61ourism6 $eat%er Goods
6 Construction 61e=tiles 6Selling of arts and crafts # 1%e local food
industry is upgrading and becoming more demanding on -uality and
regularity of supply# 1%e steady 9estern inuence on Moroccan
lifestyles is e=pected to result in e2en %ig%er demand for consumer@
oriented products in t%e future#
India %as a greater potential to e=port semi@,nis%ed products and
products for industrial uses suc% as mil< po)der6 c%eese6 processed
nuts# India ocially t%e Republic of India is a country in Sout%
Asia# It is t%e se2ent%@largest country by area6 t%e second@most
popular country# India is t%e )orld?s second largest producer of food
ne=t to C%ina6 and %as t%e potential of being t%e biggest )it% t%e
food and agricultural sector#
In t%e &nited "ations6 India supported t%e decoloniNation of Morocco
and t%e Moroccan freedom mo2ement# India %as been one of t%e
ma0or mar
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From t%e abo2e report6 )e %a2e come to t%e conclusion t%at t%e
agriculture is t%e largest employer in t%e Morocco# Agriculture6
Forestry6 Fis%ing and (unting contributing 83#3E to G'P6 from )%ic%
,s%ing contributing 8#!E#In Morocco %ig% -uality agriculturalproduct e=ported to Hurope# $ess t%an !E of Moroccans families
%a2e refrigerator at %ome# Morocco produces enoug% food for
domestic consumption e=cept for grains6 sugar6 co/ee and tea# More
t%an !E of MoroccoLs consumption of grains and our is imported
from t%e &nited States and France#
India is t%e )orld?s second largest producer of food6 rd largest in
alco%olic be2erages6 nd largest rice producer %a2ing !E global
s%are6 rd largest in t%e )orld and nd largest in inland ,s%
production contribute 8#E of total G'P#
Gu0arat %a2ing e=port potentiality i#e# Cotton6 cumin6 Onion6 Garlic6
Castor6 Isabgul6 Mango6 ot%er fruits and 2egetables6 Flo)ers6 'uram
)%eat6 Processed maiNe#
Goa %as a coastline of about 8!
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"7"%TIV" SMMA'5
(Sem* IV)
Farm food is one of t%e food commodity 4 manufacturer in India#
1%ey started its incorporation on 83t% Duly !!8 #1%e Company deals
in a 2arious food products suc% as tomato6 Onion6 s)eet coin6
Mango Po)der# S#K Associate founded in 8BQQ is associated in
.an
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Mar
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free# 1%e e=porter is re-uired to be registered )it% t%e
appropriate H=port Promotion Council to a2ail of t%is bene,t#
Import of goods %elps to boost t%e economy by pro2iding capital
good for infrastructure or industrial de2elopment6 meeting
s%ortages and impro2ing -uality of production# It also %elps
impro2ing li2ing standards by ma
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under t%e follo)ing categories li
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Foreign mar
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S"%TIO# 6: T." BSI#"SS
!"S%'IPTIO# O, BSI#"SS
,arm ,ood !eydrates Pri;ate &imited
Farm food is one of t%e food commodity 4 manufacturer in India#
1%ey started its incorporation on 83t% Duly !!8 #1%e Company deals
in a 2arious food products suc% as tomato6 Onion6 s)eet coin6
Mango Po)der# 1%e Company directly purc%asing food products from
selected farmers so t%ey supply good -uality of food Products to
t%eir business partner#
%ompany Pro
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S t r e n + t -
@ ( i g % - u a l i t y p r o d u c t s
@ $ o ) ) e i g % t p e o d u c t s 4 e a s y % a n d l i n g o f p r o d u c t s
@ $ o n g s e l f l i f e o f p r o d u c t s
@ C u s t o m i N e d P r o d u c t s
@ " e g l i g i b l e C o m p e t i t i o n 4ea=ness
@(ig% Price Products
@Seasonal a2alibility of product
@Re-uirement of %ig% capital
in2estment@Re-uire %ig% po)er energyconsumption
Opportunities
@(ig% Scope Of .ac
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A*P'O!%T
.rief about selected product
Tomato
1omato ran
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• 1%e product is allo)ed to freeNe at suc% lo) temperature for Q
%ours so t%at )ater content inside t%e tomatoes )ill be
transformed in to ice completely# 1%en it is put into blast
freeNing for %ours
• 1%is froNen tomatoes is t%en transferred in to a 2acuum
c%amber )%ere it is %eated in 2acuum )%ere t%e ice on t%e
product )ill directly get transferred into 2apor t%us remo2ing
all t%e )ater content of t%e tomatoes t%roug% Ammonia
• 1%en trolley transfer to pac
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%* MA'3"T A#A&5SIS ? MA'3"TI#G P&A#
Se+mentation
Mar
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Rabat@Sal@Temmour@Taer
Bea;iora Se+mentation
On t%is basis6 company can target a segment on t%e basis of buyers?
readiness stage and usage@rate#
,our Ps anayses for Tomatoes
,our Ps inudes fooin+ terms:
8+ Product
+ Price
+ Place
+ Promotion
6* Produt : Tomato
1omato ran
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Sta/ )age X 373!Pac
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!* %OMP"TITIV" "#VI'O#M"#T
Porter ,i;e ,ores Anaysis
1%e PorterLs Forces tool is a simple but po)erful tool for
understanding )%ere po)er lies in a business situation# 1%is is
useful6 because it %elps in understand bot% t%e strengt% of
company?s current competiti2e position6 and t%e strengt% of a
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position company are loo
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Ma0ority of goods are allo)ed to be e=ported )it%out obtaining a
license# H=port licenses are only re-uired for items listed in t%e
Sc%edule of I1C *(S+ Classi,cations of H=port and Import items# An
application for grant of H=port $icense for suc% items must besubmitted to t%e 'irector General of Foreign 1rade *'GF1+# 1%e
H=port $icensing Committee under t%e C%airmans%ip of H=port
Commissioner considers suc% applications on merits for issue of
e=port licenses#
H=port of Special C%emicals6 Organisms6 Materials6 H-uipment and
1ec%nologies *SCOMH1+ items are also permitted under a license or
pro%ibited altoget%er# Guidelines for H=port of SCOMH1 items can be
2ie)ed %ere#
"port of Sampes
H=port of samples up to speci,ed limits are allo)ed free# 1%e
e=porter is re-uired to be registered )it% t%e appropriate H=port
Promotion Council to a2ail of t%is bene,t# Samples )it% permanent
mar
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S%ipping bill for e=port of goods under claim for duty
dra)bac
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1%e go2ernment le2ies import duties on most of t%e items imported
for trade purposes# 1%ese are of di/erent types including .asic
'uty6 Additional Customs 'uty6 1rue Counter2ailing 'uty6 Anti@
'umping or Safeguard 'uty and Hducation Cess# 'etails about
t%ese can be 2ie)ed %ere#
Payment of !uty
• Pro2isional 'eposit Account )it% .an
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t%e entry for customs clearance
1%e .ill of entry6 )%ere ,led6 is to be submitted in set6 di/erent
copies meant for di/erent purposes and also gi2en di/erent colour
sc%eme# .ills of Hntry are of t%ree types:@
.ill of Hntry for %ome consumption
.ill of Hntry for 9are%ouses
.ill of Hntry for [email protected] Clearance
Green %anne faiity
Some ma0or importers %a2e been gi2en t%e green c%annel clearance
facility# It means clearance of goods is done )it%out routine
e=amination of t%e goods# 1%ey %a2e to ma
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'umping is said to %a2e ta
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• (ydrocyanic acid 4 its deri2ati2es
• P%osgene 4 its deri2ati2es
• Isocynates4 di@isocynates of %ydrocarbons#
India$s Import Poiy: Proedures and !uties
In India6 t%e import and e=port of goods is go2erned by t%e Foreign
1rade *'e2elopment 4 Regulation+ Act6 8BBand India?s H=port
Import *HUIM+ Policy# India?s 'irectorate General of Foreign 1rade
*'GF1+ is t%e principal go2erning body responsible for all matters
related to HUIM Policy6 and ne) guidelines on Foreign 1rade Policy
*F1P+ are e=pected to be released soon to replace pre2ious F1P
guidelines t%at e=pired in Marc% !8#
Importers are re-uired to register )it% t%e 'GF1 to obtain an
Importer H=porter Code "umber *IHC+ issued against t%eir
Permanent Account "umber *PA"+6 before engaging in HUIM
acti2ities# After an IHC %as been obtained6 t%e source of items for
import must be identi,ed and declared# 1%e Indian 1rade
Classi,cation (armoniNed System *I1C@(S+ allo)s for t%e free
import of most goods )it%out a special import license# Certain goods
t%at fall under t%e follo)ing categories re-uire special permission or
licensing6 %o)e2er:
8# &iensed ('estrited) Items: $icensed items can only be
imported after obtaining an import license from t%e 'GF1# 1%ese
include some consumer goods suc% as precious and semi@
precious stones6 products related to safety and security6 seeds6
plants6 animals6 insecticides6 p%armaceuticals and c%emicals6
and some electronic items#
# %anaiCed Items: CanaliNed items can only be imported 2ia
speci,ed transportation c%annels and met%ods6 or t%roug%
go2ernment agencies suc% as t%e State 1rading Corporation
*S1C+# 1%ese include petroleum products6 bul< agricultural
products suc% as grains and 2egetable oils6 and some
p%armaceutical products#
http://business.gov.in/outerwin.php?id=http://dgftcom.nic.in/exim/2000/ftdract.htmhttp://business.gov.in/outerwin.php?id=http://dgftcom.nic.in/exim/2000/ftdract.htmhttp://dgft.gov.in/http://dgft.gov.in/http://dgft.gov.in/exim/2000/procedures/ftphbcontentE1213.pdfhttp://dgft.gov.in/exim/2000/procedures/ftphbcontentE1213.pdfhttp://business.gov.in/outerwin.php?id=http://dgftcom.nic.in/exim/2000/ftdract.htmhttp://business.gov.in/outerwin.php?id=http://dgftcom.nic.in/exim/2000/ftdract.htmhttp://dgft.gov.in/http://dgft.gov.in/http://dgft.gov.in/exim/2000/procedures/ftphbcontentE1213.pdfhttp://dgft.gov.in/exim/2000/procedures/ftphbcontentE1213.pdf
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# Proibited Items: 1%ese goods are strictly pro%ibited from
import and include tallo) fat6 animal rennet6 )ild animals6 and
unprocessed i2ory#
Bi of "ntry
H2ery importer is re-uired to begin by submitting a .ill of Hntry
under Section 3# 1%is document certi,es t%e description and 2alue
of goods entering t%e country# 1%e .ill of Hntry s%ould be submitted
as follo)s:
8+ 1%e original and duplicate for customs
+ A copy for t%e importer
+ A copy for t%e ban<
+ A copy for ma)%ite bill of entry?#
# .ill of Hntry for (ousing@ If t%e imported goods are not
re-uired immediately6 importers may store t%e goods in a
)are%ouse )it%out t%e payment of duty under a bond and t%en
clear t%em from t%e )are%ouse )%en re-uired on payment of
duty# 1%is )ill enable t%e deferment of payment of t%e customs
duty until goods are actually re-uired# 1%is .ill of Hntry is printed
on yello) paper and is t%us often called t%e >yello) bill of entry?#
It is also called t%e >into bond bill of entry? as t%e bond is
http://ices.nic.in/Ices/home.aspxhttp://ices.nic.in/Ices/home.aspx
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e=ecuted for t%e transfer of goods in a )are%ouse )it%out paying
duty#
# .ill of Hntry for [email protected] Clearance 1%e t%ird type is for e=@
bond clearance# 1%is is used for clearance from t%e )are%ouseon payment of duty and is printed on green paper#
It is important to note t%at t%e rate of duty applicable is as it e=ists
on t%e date a good is remo2ed from a )are%ouse# 1%erefore6 if t%e
rate c%anges after goods %a2e been cleared from a customs port6
t%e customs duty as assessed on a yello) bill of entry *.ill of Hntry
for (ousing+ and paid on t%e 2alue listed on t%e green bill of entry
*.ill of Hntry for [email protected] Clearance+ )ill not be t%e same#
Oter non-"!I !ouments
If a .ill of Hntry is ,led )it%out using t%e Hlectronic 'ata Interc%ange
system6 t%e follo)ing documents are also generally re-uired:
• Signed in2oice
• Pac
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• Certi,cate of Origin6 if preferential rate of duty is claimed
Import 'uties
1%e Indian go2ernment le2ies se2eral types of import duties on
goods# 1%ese include:
Basi %ustoms !uty
.asic Customs 'uty *.C'+ is t%e standard ta= rate applied to goods6
or t%e standard preferential rate in t%e case of goods imported from
speci,ed countries# 1%e rates of customs duties are outlined in t%e
First and Second Sc%edules of t%e Customs 1ari/ Act6 8B7# 1%e First
Sc%edule speci,es rates of import duty and t%e Second speci,es
rates of e=port duty# .C' is di2ided into standard and preferential
rates6 )it% goods imported from countries %olding trade agreements
)it% t%e Indian central go2ernment eligible for lo)er preferential
rates#
Additiona %ustoms !uty (%ounter;aiin+ !uty)
Counter2ailing duty *CJ'+ is e-ual to central e=cise duty and is
le2ied on imported articles produced in India# 9it% CJ'6 t%e process
of production amounts to >manufacture? as it is de,ned in
t%e Central H=cise Act6 8B# CJ' is based on t%e aggregate 2alue
of goods including landing c%arges and .C'# An additional CJ'
may be le2ied e-ui2alent to sales ta= or JA16 not e=ceeding four
percent# 1%is duty can be refunded if t%e importer pays all customs
duties6 t%e sales in2oice indicates t%e credit is not allo)ed6 and t%e
importer pays JA1sales ta= on t%e sale of t%e good#
Ot%er CJ's may be imposed on speci,c imported goods toneutraliNe t%e e/ect of a subsidy in t%e country of origin# A
noti,cation issued by t%e central go2ernment on t%ese speci,ed
goods is 2alid for ,2e years and potentially sub0ect to furt%er
e=tension not e=ceeding ten years# Subsidies related to researc%
acti2ities6 assistance to disad2antaged regions in t%e destination
country6 and assistance in adapting e=isting facilities to ne)
en2ironmental re-uirements are e=empt#
http://www.cbec.gov.in/customs/cst2012-13/cst-act-1213.pdfhttp://www.cbec.gov.in/excise/cx-act/cx-act-idx.htmhttp://www.cbec.gov.in/customs/cst2012-13/cst-act-1213.pdfhttp://www.cbec.gov.in/excise/cx-act/cx-act-idx.htm
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Anti-!umpin+ !uty
1%e central go2ernment may impose an anti@dumping duty if it
determines a good is being imported at belo) fair mar
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India?s import and e=port system is go2erned by t%e Foreign 1rade
*'e2elopment 4 Regulation+ Act of 8BB and India?s H=port Import
*HUIM+ Policy# Imports and e=ports of all goods are free6 e=cept for
t%e items regulated by t%e HUIM policy or any ot%er la) currently inforce# Registration )it% regional licensing aut%ority is a prere-uisite
for t%e import and e=port of goods# 1%e customs )ill not allo) for
clearance of goods unless t%e importer %as obtained an Import
H=port Code *IHC+ from t%e regional aut%ority#
Import Policy
1%e Indian 1rade Classi,cation *I1C+@(armoniNed System *(S+
classi,es goods into t%ree categories:
8# Restricted
# CanaliNed
# Pro%ibited
Goods not speci,ed in t%e abo2e mentioned categories can be freely
imported )it%out any restriction6 if t%e importer %as obtained a 2alid
IHC# 1%ere is no need to obtain any import license or permission to
import suc% goods# Most of t%e goods can be freely imported in
India#
Restricted Goods
Restricted goods can be imported only after obtaining an import
license from t%e rele2ant regional licensing aut%ority# 1%e goods
co2ered by t%e license s%all be disposed of in t%e manner speci,ed
by t%e license aut%ority6 )%ic% s%ould be clearly indicated in t%e
license itself# 1%e list of restricted goods is pro2ided in I1C *(S+# An
import license is 2alid for mont%s for capital goods6 and 8Q
mont%s for all ot%er goods#
CanaliNed Goods
CanaliNed goods are items )%ic% may only be imported using
speci,c procedures or met%ods of transport# 1%e list of canaliNed
goods can be found in t%e I1C *(S+# Goods in t%is category can be
imported only t%roug% canaliNing agencies# 1%e main canaliNed
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items are currently petroleum products6 bul< agricultural products6
suc% as grains and 2egetable oils6 and some p%armaceutical
products#
Pro%ibited Goodst%ese are t%e goods listed in I1C *(S+ )%ic% are strictly pro%ibited on
all import c%annels in India# 1%ese include )ild animals6 tallo) fat
and oils of animal origin6 animal rennet6 and unprocessed i2ory#
H=port Policy
Dust li
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.asic duty is t%e typical ta= rate t%at is applied to goods# 1%e rates
of custom duties are speci,ed in t%e First and Second Sc%edules of
t%e Customs 1ari/ Act of 8B7# 1%e First Sc%edule contains rates of
import duty6 and t%e second sc%edule contains rates of e=portduties# Most of t%e items in India are e=empt from custom duty6
)%ic% is generally le2ied on imports#
1%e ,rst sc%edule contains t)o rates: Standard rate and preferential
rate# 1%e preferential rate is lo)er t%an t%e standard rate# 9%en
goods are imported from a place speci,ed by t%e central
go2ernment *CG+ for lo)er rates6 t%e preferential rate is applicable#
In any ot%er case6 t%e standard rate )ill be applicable# If t%e CG %as
signed a trade agreement )it% t%e country of origin6 t%en t%e CG
may opt to c%arge a lo)er basic duty t%an indicated in t%e ,rst
sc%edule#
Additional Customs 'uty *Counter2ailing 'uty+
In addition to t%e basic duty on imported goods6 a counter2ailing
duty is also applicable to imported goods# 1%e rate of duty is e-ual
to t%e rate of e=cise applied to goods manufactured in India# If t%earticle is not manufactured in India6 t%en goods of a similar nature
are used to determine t%e correct duty amount# If t%ere are di/erent
rates of duty on similar goods6 t%en t%e %ig%est rates of t%e
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1%e CG may impose an anti@dumping duty if an article is imported to
India at less t%an its normal price6 and )ill notify t%e importer if t%ey
decide to do so# 1%e amount of duty cannot e=ceed t%e margin of
dumping# 1%e margin of dumping means t%e di/erence bet)een t%ee=port price and t%e normal price#
1%e noti,cation issued by CG in t%is regard s%all be 2alid for ,2e
years# 1%e period can be furt%er e=tended# (o)e2er6 t%e total
period cannot e=ceed 8! years from t%e date of ,rst imposition#
Counter2ailing 'uty on SubsidiNed Articles
A counter2ailing duty is a tari/ applied to imported goods to
neutraliNe t%e e/ect of a subsidy from t%e country of origin# If anycountry grants subsidies on any article to be imported to India6
)%et%er directly from t%e same country or ot%er)ise6 t%en t%e CG
may impose a counter2ailing duty e-ual to or less t%an t%e subsidy
itself# (o)e2er6 t%e duty )ill not be imposed if t%e t%e article is
subsidiNed for t%e follo)ing reasons:
8# Researc% acti2ities conducted by person engaged in
manufacturing or e=port# Assistance to disad2antaged regions in destination country
# Assistance in adaptation of e=isting facilities to ne)
en2ironment re-uirements#
1%e noti,cation issued by CG in t%is regard s%all be 2alid for ,2e
years and possibly sub0ect to furt%er e=tension# (o)e2er6 t%e total
period cannot e=ceed 8! years from t%e initial date of imposition#
Safeguard 'uty
A safeguard duty is a tari/ designed to pro2ide protection to
domestic goods6 fa2oring t%em o2er imported items# If t%e
go2ernment determines t%at increased imports of certain items are
%a2ing a signi,cantly detrimental e/ect on domestic competitors6 it
may opt to le2y t%is duty on t%ose imports to discourage t%eir
proliferation# (o)e2er6 t%e duty does not apply to articles imported
from de2eloping countries# 1%e CG may e=empt imports of any
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article from t%is duty# 1%e noti,cation issued by CG in t%is regard is
2alid for four years6 sub0ect to furt%er e=tension# (o)e2er6 t%e total
period cannot e=ceed 8! years from t%e date of ,rst imposition#
Protecti2e 'uties #In addition to safeguard duties6 t%e CG alsobolsters domestic industries using protecti2e duties# S%ould t%e
1ari/ Commission issue a recommendation for a protecti2e duty6 t%e
CG may impose on any goods imported to India a protecti2e duty to
pro2ide protection to domestic industry#
1%e duty cannot e=ceed t%e amount proposed in t%e
recommendation# 1%e CG may specify t%e period up to )%ic%
protecti2e duty s%all be in force6 reduce or e=tend t%e period6 and
ad0ust t%e e/ecti2e rate#
8* 'eDuired douments
H=port procedure describes t%e documents re-uired for e=porting
from India# Special documents may be re-uired depending on t%e
type of product or destination# Certain e=port products may re-uire
a -uality control inspection certi,cate from t%e H=port Inspection
Agency# Some food and p%armaceutical product may re-uire a
%ealt% or sanitary certi,cate for e=port#
S%ipping .ill .ill of H=port is t%e main document re-uired by t%e
Customs Aut%ority for allo)ing s%ipment# &sually t%e S%ipping .ill is
of four types and t%e ma0or distinction lies )it% regard to t%e goods
being sub0ect to certain conditions )%ic% are mentioned belo):
• H=port duty cess
• Free of duty cess
• Hntitlement of duty dra)bac<
• Hntitlement of credit of duty under 'HP. Sc%eme
http://www.indianindustry.com/product-inspection-services/inspection-services.htmlhttp://www.indianindustry.com/pharmamaterials/8300.htmlhttp://www.indianindustry.com/product-inspection-services/inspection-services.htmlhttp://www.indianindustry.com/pharmamaterials/8300.html
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• Re@e=port of imported goods
1%e follo)ing are t%e e=port documents re-uired for t%e processing
of t%e S%ipping .ill:
• GR forms *in duplicate+ for s%ipment to all t%e countries#
• copies of t%e pac
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instead of S%ipping .ill#
'ocuments Re-uired for Post Parcel Customs Clearance
In case of Post Parcel6 no S%ipping .ill is re-uired# 1%e rele2ant
documents are mentioned belo):
• Customs 'eclaration Form @ It is prescribed by t%e &ni2ersal
Postal &nion *&P&+ and international ape= body coordinating
acti2ities of national postal administration# It is
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• Customs In2oice @ Mainly needed for t%e countries li
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• Certi,cate of C%emical Analysis @ It is re-uired to ensure t%e
-uality and grade of certain items suc% as metallic ores6
pigments6 etc#
• Certi,cate of S%ipment @ It signi,es t%at a certain lot of goods
%a2e been s%ipped#
• (ealt% Jeterinary Sanitary Certi,cation @ Re-uired for e=port
of foodstu/s6 marine products6 %ides6 li2estoc< etc#
• Certi,cate of Conditioning @ It is issued by t%e competent
oce to certify compliance of %umidity factor6 dry )eig%t6 etc#
• Anti-uity Measurement @ Issued by Arc%aeological Sur2ey of
India in case of anti-ues#
• 1rans%ipment .ill @ It is used for goods imported into a
customs port airport intended for trans%ipment#
• S%ipping Order @ Issued by t%e S%ipping *Conference+ $ine
)%ic% intimates t%e e=porter about t%e reser2ation of space of
s%ipment of cargo t%roug% t%e speci,c 2essel from a speci,ed
port and on a speci,ed date#
• Cart $orry 1ic
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• S%ipping Ad2ice @ It is prepared in aligned document to be
used to inform t%e o2erseas customer about t%e s%ipment of
goods#
@* Mode of entry to forei+n mar=ets
,orei+n mar=et entry modes *Partiipation strate+y+ di/er in
degree of ris< t%ey present6 t%e control and commitment of
resources t%ey re-uire and t%e return on in2estment t%ey promise#
1%ere are t)o ma0or types of entry modes: e-uity and non@e-uity
modes# 1%e non@e-uity modes category includes e=port and
contractual agreements# 1%e e-uity modes category includes: 0oint
2enture and )%olly o)ned subsidiaries#
"portin+
H=porting is t%e process of selling of goods and ser2ices produced inone country to ot%er countries# 1%ere are t)o types of e=porting:
direct and indirect#
!I'"%T "7PO'TS
'irect e=ports represent t%e most basic mode of e=porting made by
a *%olding+ company6 capitaliNing on economies of scale in
production concentrated in t%e %ome country and a/ording better
control o2er distribution# 'irect e=port )or
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are small# $arge 2olumes of e=port may trigger protectionism# 1%e
main c%aracteristic of direct e=ports entry model is t%at t%ere are no
intermediaries# Passi2e e=ports represent t%e treating and ,lling
o2erseas orders li
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• Re-uires %ig%er in2estments of time6 resources and personnel
and also organiNational c%anges
• Greater information re-uirements
• $onger time@to@mar
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%on
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• Potentially lo)er sales as compared to direct e=porting
*alt%oug% lo) 2olume can be a
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agreement t%at can be customiNed to ,t t%e needs and interests of
bot%6 licensor and licensee#
Follo)ing are t%e main ad2antages and reasons to use an
international licensing for e=panding internationally:
• Obtain e=tra income for tec%nical
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identi,ed )it% its trademar
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importance to t%e company# S%aring t%ose strategic acti2ities may
increase t%e potential of t%e franc%isee to be our future competitor
due to t%e
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• 1%e 0oint 2enture attempts to de2elop s%ared resources6 but
eac% ,rm )ants to de2elop and protect its o)n proprietary
resources#
•
1%e 0oint 2enture is controlled t%roug% negotiations andcoordination processes6 )%ile eac% ,rm )ould li
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S"%TIO# T4O: ,I#A#%IA& !ATA
Saes ,oreast
Sales forecasting is t%e process of a company predicting )%at its
future sales )ill be# 1%is forecast is done for a particular period of a
time in t%e near future6 usually t%e ne=t ,scal year# Accurate sales
forecasting enables a company to ma
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A* P'O2"%T"! ,I#A#%IA& STAT"M"#TS ,O' #"7T @
5"A'S
Inome Statement
Partiuars 8F6-69
(69FFF nits)
8F69-6
(8FFFF
nits)
8F6-6H
(8FFF
nits)
Sales 67Q6!6!!! 6Q6!!6!!! 66!!6!!!
H=cise 'uty ! ! !
TOTA& SA&"S 80H0F0FFF @0H0FF0FFF0@0FF0FF
FOperatin+ "penses :-Hlectricity 78Q7! QBQ7 77!Sta/ 9ages 373! 33!QB 3B8Pac
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Baane Seet
Partiuars 8F6-69 8F69-6 8F6-6HSoures of ,unds 1otal s%are Capital !!!!! !!!!! !!!!!Reser2e 833! !3 B73B
&nsecured $oans 8676Q76!!B 8636Q6Q 86676
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Current $iability 873!8 87QB88 8Tota &iabiities 6090F0HF 600609 60H@0J60FAppiation of ,undsGross .loc< 8Q8!!! 8Q8!!! 8Q8!!!
$ess: Accum# 'ep
3636!! B6863! 66!QQ
#et Bo= 699HFF 6@HJ9F 6JJ68
Cas% and .an< Q!!!! 3!!!! Q
Air Conditioner QB Q77Q 87!
Hlectric H-uipment 3!!!! 3!!!! 3!!!!
GH. 'eposit 6!!6!!! 6!!6!!! 6!!6!!!
F' 6!6!!! 6!6!!! 6!6!!!
$PG System 68677 636!Q 7B
Tota Asset 6090F0HF 600609 60H@0J60F
Assumption:-
Reser2es is #E on net pro,t
Brea= ";en Anaysis
Partiuar 8F6-69 8F69-6 8F6-6H
Sales 67Q6!6!!! 6Q6!!6!!! 66!!6!!!
$ess: Jariable cost Q86Q36Q! B6QB6B 868!6B687
Contribution 86B3668B3 668!678 66!6Q$ess: Fi=ed Cost 7!6!67BB 7676BQ Q6BQ6!3
Pro
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!
6!!!
8!6!!!
86!!!
!6!!!
6!!!
&nit
Contribution per unit
.HP *in &nits+
Assumptions
Jariable cost includes electricity6 cartage6 lab testing etcZ Contribution per unit is calculated as tota ontribution (in
's)/tota numbers of unit
B"P (in units) K ,ied %ost / %ontribution per nit
Partiuars ,5 8F6-69 ,5 8F69-6 ,5 8F6-6HAsset:-
%urrent Asset
Cas%.an< in (and !!!!! BQ7
In2entory 78!3 77B 7Q7Q3
,ied Assets
.uilding H=tension 88!!! 88!!! 88!!!Steel Fabrication ! ! !Air Conditioner B !!3 QHlectric H-uipment 83!!!! 83!!!! 83!!!!Mac%inery 88!! 88!!! 88In;estmentGH. 'eposit 86!!6!!! 86!!6!!! 86!!6!!!
F' !6!!! !6!!! !6!!!$PG System 68677 636!Q 7B
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Hlectric H-uipment 863!6!!! 863!6!!! 863!6!!!Tota Assets 336Q76!7 3Q667! 3B6776Q!&iabiities:-%urrent iabiities 1'S Payable 7!Q 3 3B!
Gas .ill Payable Q7!! 8!B7 8378QJA1 and Ser2ice 1a= Payable 8! 887 88!&nsecured loan 8B7!! 373Q7 BOner$s eDuityPaid In capital !!!!! !!!!! !!!!!Retain Harning 8838! !BB!Q 7QB!33"et Pro,t Q33 QQBQ 887QTota &iabiities 336Q76!7 3Q667! 3B6776Q!
Partiuars 8F68-6@ 8F6@-6 8F6-6Saes !67Q67!! 366!!! 367!6!!!
Additional sales *Retail
ser2ice+
8Q686 8Q6B86!! 8B67!6!!!
TOTA& SA&"S 9H0J088 0@08FF H80F0FFF
Cost of sales *67!6!8+ *636B!+ *3676!!!+
G'OSS P'O,IT (A) 908@0H6 9J0F06F 090FFFOperatin+ "penses :-Hlectricity 66 6B6B 7676!!!Sta/ 9ages 6Q86! 6736Q!! 6B36!!!Pac
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,indin+s
• Scope for global mar
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%onusion ? Su++estion
From t%e abo2e report6 )e %a2e come to t%e conclusion t%at
• H=port of Samples can be bene,cial for t%e company as e=port of
samples up to speci,ed limits are allo)ed free# Samples )it%
permanent mar
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• Along )it% it can do promotion on social media t%roug% doing
di/erent contest6 games6 etc# and also t%roug% launc%ing its
application *promoted by Master c%ef San0i2 Kapoor+ for creating
a)areness in e=isting and as )ell as potential customers#• As per current mar
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Bibio+rapy