Course Outcome (COs):
Course Outcomes |
Learning and teaching strategies |
Assessment Strategies |
On completion of this course, the students will be able to: CO 41: To impart the knowledge of the various documents involved in export as well as import business CO42: To familiarize students with the export import procedure and documentation. CO43: To apprise them of the documentation procedures and its sanctity in International Business. CO44: To form a base of policy framework in International Business. CO45: To familiarize students with the process of shipment and negotiation orders. |
Approach in teaching: Interactive Lectures, Discussion, Tutorials, Reading assignments.
Learning activities for the students: Self-learning assignments, Effective questions, |
Class test, Semester end examinations, Quiz, Solving problems in tutorials, Assignments, Presentation, Individual and group projects |
Rationale of Documents- Commercial Perspectibe. Legar Perspective, Incentive Perspective, Kinds and Functions of Documents- Commercial Documents, Legal regulatory documents, Documents for claiming incentives, Standardised Pre-shipment export documents, Import Documents.
Format of export order, confirmation of order, procuring of goods, excise clearance, Pre-shipment inspection, appointment of clearing and forwarding agents, Transportation of goods to port, port formalities, Despatch of documents, certificate of origin and shipment advice, presentation of documents to bank, claiming export incentives.
Introduction, Pre-import procedure, legal dimensions of Import procedure, retirements of Import Documents, customs clearance for imported goods, warehousing of imported goods, exchange control provisions for imports.
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Introduction, Packing of goods, nature of export cargo, liner and tramp shipping services, chartering practices, air freighting, quality control and pre-shipment inspection, ISO 9000, Role of clearing and forwarding agent, movement of goods to port.
Cargo Insurance: Introduction, Need of cargo insurance, Nature of cargo insuarance policy, kinds of perils, types of losses, types of policies, insuarance claims.
Shipment of cargo: Introduction, Central excise formalities, customs clearance formalities, port procedures.
Custom clearance of Import cargo: Introduction, objectives, Legal framework, stages of custom clearance, procedure of custom clearance
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