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Entire Import Documents & Procedures, Payment Methods to Exporters, Import Sales Contract, Case Studies, Dos and Don’ts

What you will learn

How to carry out Import transactions and operations?

What is the typical Import Procedure of Importing any goods or service?

What are the steps involved in successfully carrying out import shipment

What are common import related documents

What is the typical process of customs clearance of import cargo

What is a letter of credit?

Signing a smart import contract.

How to transfer payment for import shipment through banks?

What are the principle commercial LC documents?

What are the regulatory import documents in the country of import?

What are transport documents in a typical import transaction?

What are INCOTERMS ยฎ 2020?

What is the typical import procedure: Any country of destination?

How to import gifts, samples and other special cargo?

Description

Looking to learn complete and detailed Import Documentation & Procedures? Have you been looking for a concise but essential course that can help you understand the basic concepts of import documentation and procedures for imports from any country of the world, into any nation? Learn about customs clearance, INCOTERMS, Letter of Credit, transport documentation related to international logistics. That too in a super simple step-by-step approach. Now, this import documentation & procedures course can make understanding all important aspects related to import shipments and bank-related documents like LC, Bill of Lading, Commercial Invoice simple. Also, it can infuse in you the confidence of having a complete understanding of import formalities/procedures for commercial as well as personal use items imports. Special session on Importing from China, import of samples, imports of gifts, import waste and scrap material, import of pharmaceuticals and medicines, import of ITย hardware are included in this course. So, you are at the right place and reading the description of the perfect course you are looking for.

Why is this export & import documentation & procedure course important?

This VJ Import Mastery Series Course, focusing on entire import documentation & procedures, is the only one-of-its-kind course on this platform. It is based on more than 30 years of industry and trade training experience of the instructor, a Harvard University, IIFT, and BITS alumnus having worked with overseas clients in 28 countries, with top MNCs. Therefore, the core understanding of import documentation & procedure and concepts can only be made possible by this course. Knowing the procedure of import documentation and import process in general for import is going to become easy for you. This is a concise and compact import documentation & procedure course while providing meticulously researched and professional inputs on the subject.

What will you learn?

By enrolling in this export & import documentation & procedures course you can expect to learn more about

1. Importation Basics

2. LC documents

3. Transport Documents like AWB and B/L

4. Customs Declaration Documents

5. Exchange Control Documents

6. Importance of Certificate of Origin for importers in reducing the import tariff incidence

7. Importance of Quality Certificate

8. Insurance Policy for safe passage of goods from the supplier to the importer

9. All local government documents for imports

10. Obtaining import rights and import licenses

11. Bill of entry

12. Local and supplier’s country compliances

13. Aligned Documents System

14. How does a Letter of Credit work?

15. Issuing Bank

16. Advising Bank

17. Negotiation Bank


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18. INCOTERMS ยฎ 2020 Explained

19. Typical Import Procedure and Process explained.

Along with, much more import-related documents & their procedures are required to carry out all kinds of import transactions.

What is the main approach of the course?

1. Conceptual understanding of the import documentation & other formalities

2. Step by Step approach

3. Practical examples and case studies discussion

4. Understanding of the game of typical import transaction framework in totality

Therefore the approach is to make the learning simple and easy.

Case Studies included in this course

  • Import Potential Study in South Korea
  • Import of Coffee from India to Germany by DoubleDip Coffee Spa

What all do you get on enrolling in this course?

1. Lifetime access to the course

2. Unmatched learning

3. Verified eCertificate by UDEMY, an American Education Provider

4. 30 days money-back guarantee

5. Self-evaluation tools like quizzes and assignments

6. Practical examples of the exports documents

It is assured that the contents of this course related to import operation/documents management are well researched, constantly updated, and accurate, based on the long practical experience of the instructor in the field.

Course-related important keywords

  • Importation Basics
  • Customs Clearance
  • Import Business
  • INCOTERMS 2020
  • International cargo
  • Import compliance
  • International Shipping
  • Import shipment
  • Import operations
  • Country of Origin
  • Import-export course
  • International freight forwarding
  • trade documentation
  • documentation for imports
  • Import of samples
  • Import of gifts
  • Import of medicines and pharma
  • Import of scrap
  • Import of personal use items, personal baggage rules

About the instructor

Dr. Vijesh Jain is having more than 30 years of exports business operations and international trade training experience, having trained hundreds of industry employees and B School students in the areas of exporting and international trade. Also, he is a Harvard University, USA, IIFT, New Delhi, BITS, Pilani, BIMTECH, India, and University of Mysore alumnus. In addition, he is the first-ever Indian to be certified as Global Business Professional by NASBITE, USA. Interestingly, he is the first recipient of the Best International Trade Research Award by BIMTECH, Delhi NCR. In addition, he has written several books/research papers on the above subjects. Additionally, he has also run successfully his exports company dealing with overseas clients worldwide.

English
language

Content

Introduction

Introduction and course structure
Introduction
The Starting Point
Preliminaries
Quiz 1

Opening Case Study : A Market study in South Korea for import goods

Opening Case Study
Visit to Seoul, South Korea for market potential for imports
Field Research
Findings of the country visit

Course Structure

Course Structure
The Course Structure

Import Basics

Import Basics
Registration as Importer
Typical Guidelines and Rules
Selecting Overseas Suppliers – Part 1
Selecting Overseas Suppliers – part 2
Quiz 2

Import Process

Import Process
Overview
A Typical Import Transaction Framework
Understanding A Typical Traditional Letter of Credit Cycle
Understanding International Commercial Terms (INCOTERMS)
INCOTERMS – Part 1
INCOTERMS – Part 2
INCOTERMS Part 3
INCOTERMS Part 4
Typical LC Documents
Quiz 3

More import basics

Import Basics Continued
Import Risks
Import Incentives
Import Agreement & Terms of Trade – Part 1
Import Agreement & Terms of Trade – Part 2
Quiz 4

Import Policy Environment

Import Policies
Import Trade Governing Bodies
Import License & Import Classification
Quiz 5

Role of Customs

Role of local customs authorities
Customs Clearance – Part 1
Customs Clearance – Part 2
Import Tariffs
Quiz 6

Other Important Aspects

Import of special category items
Various Costs in a Typical Import Transaction
Import of Samples
Rules for Personal Baggage and Personal Imports
Import of Gifts
Import of Scrap and Waste Material
Import of IT Hardware
Import of Pharma Products and Medicines
Importing From China – Special Session
More tips for importers of goods from China
Quiz 7

Closing Case Study

Closing case study
Case Study Part 1: Import of Coffee From India
Case Study Part 2: Import of Coffee From India

Concluding Section

Congratulations for completing the course
Dos and Don’ts for importers
Final Thoughts