exim wine presentation

8/6/2019 Exim Wine Presentation

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GROUP:-

Tarang Diwan - 08

Ankur Kasliwal - 19

Darshan Sanghvi - 36

Sagar Shah - 43


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ECONOMY

DEMOGRAPHY

GROWTH IN WINEMARKET

WINEEDUCATION

CONCLUSION

INTRODUCTION TO

EMERGING WINE MARKET IN INDIA


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MADE-IN-INDIA ITALIAN WINES

(VINTAGE WINES CO.)

Its vineyards at Niphad,Nashik are now home to grapevarieties Sangiovese, Nerodavola and Grillo brought from

Sicily region in Italy.

Cities like Pune, Bangaloreand Chandigarh are making tothe wine consumers' andmarketers' radars

The wine can also be exportedto other countries like U.S.A.,Europe, and Australia as pertheir demands.


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REGISTRATION STAGE

Deciding the nature ofbusiness

Opening bank a/c

Fixing credit limit Obtain fax facility

Registration with EPC

Obtaining membership

of chambers ofcommerce

Obtaining gir no.


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Obtaining code no.

from DGFT Obtaining sales tax

registration no.

Registration with

ECGC

Obtaining

membership of IIFT

and NPC

Registration with

FIEO


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SEARCHING FOR BUSINESS

OPPORTUNITIES

Making effectivebusinesscorrespondence

Selecting the markets

Selecting the prospectivebuyers

Selecting channels ofdistribution

Negotiating withprospective buyers

Processing an exportorder


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PRE-SHIPMENT STAGE

Receipt ofConformed

Order

Obtaining a Confirmed

Letter ofCredit Obtaining Export

License, if necessary

Obtaining Pre-Shipment

Finance Production/Procurement

of Goods


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PRE-SHIPMENT INSPECTION:

Application

Visit of inspector

Inspection and

Testing

Packing of Goods

Submitting Report to

EIA Issue of Inspection

Certificate


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SHIPMENT STAGE

Services of Clearingand Forwarding Agentsto Exports:

(1).Reservation of

Space in the Ship

(2) Arrangement ofInternal Transport fromFactory / warehouse tothe Port of Shipment:

(3) Preparation andProcessing of ShippingDocuments


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CUSTOMS CLEARANCE

Carting Order

Examination of

Goods

Loading of Goods

on Board the ship

Payment of Port

Dues Obtaining Bill of

Lading


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POST-SHIPMENT STAGE/REALIZATION

OF EXPORT PROCEEDS:

Submission of Documentsby the Agent of theExporter

Shipment Advice to Import

Presentation of Documentsto the Bank for Negotiation

Despatch of Documents

Documentary Bill ofExchange

Letter of Indemnity Realisation of Export

Proceeds

Processing of GR Form


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STEPS TAKEN IN THE EARLY

PROCEEDINGS OF IMPORTS

PRINCIPAL LAW

REGISTRATION WITH REGIONAL LICENSING

AUTHORITY

OBTAINING IEC CODE NUMBER

PROFILE OF THE EXPORTER/IMPORTER

IMPORT POLICY


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PROCEEDURE FOR GRANT OF

LICENSE

FEES FOR LICENSE APPLICATION

TERMS AND CONDITIONS

VALIDITY

REVALIDATION OF LICENSE


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CONDITIONS OF LICENSE

DISPOSAL PERIOD FOR IMPORT APPLICATION

IMPORTERS OWN IDENTITY CARD


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TYPES OF WINE IMPORTED

RIESLING

GEWURZTRAMINER

CHARDONNAY

SAUVIGNON BLANC

MUSCAT

ZINFANDEL

SYRAH

MERLOT

CABERNET SAUVIGNON


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FINALISATION OF IMPORTS

PROPER CHECK OF DOCUMENTS AND GOODS

MODE OF PRICING

COST AND FREIGHT

LETTER OF CREDIT

PARTIES TO LETTER OF CREDIT

Beneficiary

Issuing Bank

Confirming Bank


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PRECAUTIONS TO BE TAKEN AT

THE TIME OF ESTABLISHING

LETTER OF CREDIT

Letter of credit offers almost complete

protection to the seller but the buyer is put

to many disadvantages and has to make

payments against documents only. Beforeagreeing to open a letter of credit in favour of

the seller, the opener must be satisfied with

the creditworthiness and general reputation

of the seller.


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SCRUTINY OF DOCUMENT

This is a very important function and this

should be done with great care. After

receiving the document from the overseas

supplier's bank the importer's bank willscrutinise them to verify the extent of

correctness as per the terms of the L/C.


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CHECK FOR DOCUMENT

(RECEIVED UNDER L/C)

SCRUTINY:

General-check .

Documents had been presented before

the expiry date .

All the documents are dated subsequent

to the date of issue of the L/C .

Cancellation/overwriting in alldocuments are authenticated .

Bills ofExchange-check whether .


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CERTIFICATE OF ORIGIN

It is issued by the authority stipulated in

the L/C .

The description of goods agrees with

that in the invoice.

Checking other documents.


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MODE OF PAYMENT

Payments in retirement of bills drawn

underL/C as well as bills received from

abroad for collection against imports into

India, must be received by authoriseddealers, irrespective of amount, by debit

to the account of the importer with

themselves or by means of a crossedcheque drawn by him on his other

bankers.


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TIME LIMIT FOR IMPORT

REMITTANCE:

The remittance against imports should

be completed not later than 6 months

from the date of shipment. Accordingly,

deferred payment arrangementsinvolving payments beyond 6months are

not permissible without approval of

RBI/Gol.


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CUSTOMS CLEARANCE OF

IMPORTED GOODS

Customs Authorities and the Clearing

agents play the key role in the import of

goods. All goods imported into Indiahave to pass through the procedure of

Customs clearance as they cross Indian

border.


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