Import and Export Essay Example for Free

Import and Export Essay Physical Exports: If the goods physically go out of the country or services are rendered outside the country then it is called as physical export. Deemed Exports: Where the goods do not go out of the country physically they can be termed as deemed exports. This will be subject to certain conditions as prescribed by the DGFT. Under Deemed Exports, the goods may be supplied to the manufacturer exporter who ultimately export a finished product of which this supply forms a part and ultimately go out of the country. E.g.  Supply of fabrics to the garment exporter who exports the garments made out of the said fabric. The government may announce from time to time the types of supplies that may be considered as deemed export. The Foreign Trade Policy gives the list of supplies considered under the Deemed Export Category. The policies and procedures are different for Physical Exports and Deemed Exports as also the benefits available. In a nutshell, Deemed Exports do not enjoy all the benefits that are available under Physical Export. The Foreign Trade defines exports as taking out of India any goods by land, sea, air. Although the act does not term them as â€Å"Physical Exports†, we have to put phrase to distinguish it from â€Å"Deemed Exports† which is sales in India but considered as exports for limited purpose. Types of Exporters: Exporters can be basically classified into two groupsManufacturer Exporter: As the exporter has the facility to manufacturer the product he intends to export and hence he exports the products manufactured by him. Merchant Exporter: An exporter who does not have the facility to manufacture an item. But, he procures the same from other manufacturers or from the market and exports the same. An exporter can be both a manufacturer exporter as well as a merchant exporter, he can export product manufactured by him or he can export items bought from the market. Once it is decided to export, it is mandatory on your part to follow certain procedures, rules and regulations as prescribed by various regulatory authorities such as DGFT, RBI, and Customs. These procedures, rules and regulations are laid down in the Exim Policy 2004-09, Exchange Control Manual, Customs Act etc. Accordingly Export documents are required to be prepared keeping in view of the requirement of the foreign buyers and our regulatory authorities. INCOTERMS 2013 What Incoterms Rules Are 11 terms of shipment and delivery provided by the International Chamber of Commerce for use in contracts for the business-to-business sales/purchases of tangible, portable goods, for implementation 1/1/11. Legacy to a long tradition of international use since 1936. Written to reflect rather than dictate trade practice. Always abbreviated by a three character English language acronym. Always accompanied by a geographic place the more precise the better. Updated to reflect current trade practice Used exclusively in sales/purchase contracts (we’ll call these â€Å"sales contracts†). Increasingly considered as a replacement for the former Uniform Commercial Code shipment and delivery terms (UCC §2-319 through  §2-324) What Incoterms Rules Aren’t Law. They must be specified in order to apply. All inclusive cannot address such issues as customary operations of carriers, ports, trades, government regulations, etc. What Incoterms Rules Do Divide costs, risks and responsibilities between sellers and buyers. ï‚ · Guide one or the other party into subsidiary contracts required to fulfill designated tasks such as contracts of carriage and contracts of insurance. What Incoterms Rules Don’t Do Address passage of title. Address recognition of revenue. Address remedies for breach of contract. Address more than one contract. (drop shipments) Refer to â€Å"ship’s rail† which changes the delivery point for FOB, CFR, CIF. Incoterms ® is a registered trademark of the International Chamber of Commerce, registered in several countries and used with permission. Definitions Delivery: indicates where the risk of loss passes from seller to buyer. Shipment contract a type of sales/purchase contract under which the seller’s responsibility ends when the contract goods have been handed over to a carrier (i.e., the seller delivers by shipping). EXW, FCA, FAS, FOB,  CPT, CIP, CFR and CIF Incoterms rules are used in shipment contracts. Arrival contract: a type of sales/purchase contract under which the seller’s responsibility ends when the goods have arrived at the agreed place (i.e., the seller delivers when goods arrive). DAT, DAP and DDP Incoterms ® rules are used in arrival contracts. Liner terms: carrier loads and unloads vessel (used with waterborne transport). Ex Works (EXW) + Named Place (place where the shipment originates usually the seller’s premises) Breakdown:  Seller: have goods available when promised and packaged to the extent known or agreed. Buyer: everything else (pre-carriage, export clearance, main carriage, import clearance, on-carriage) Free Carrier (FCA) + Named Place (either place where shipment originates usually the seller’s premises or another place on the seller’s side.) Breakdown: A) When accompanied by the place where the shipment originates Seller: have goods available when promised, packaged to the extent known or agreed, load collecting vehicle, export clearance. Buyer: everything else (pre-carriage, main carriage, import clearance, on-carriage) B) When accompanied by another place on the seller’s side Seller: have goods available when promised, packaged to the extent known or agreed, load delivering vehicle, pre-carriage, export clearance. Buyer: everything else (unload delivering vehicle, main carriage, import clearance, on-carriage) Carriage Paid To (CPT) + Named Place (on the buyer’s side) Breakdown: Seller: deliver the goods appropriately packaged to the carrier for transportation to the named place of destination and pay all transport costs thereto. (The seller delivers at the first carrier unless specified otherwise in the sales contract.), export clearance. Buyer: unloading, import clearance, on carriage Carriage And Insurance Paid To (CIP) + Named Place (on the buyer’s side) Breakdown: Seller: as with CPT except seller must also provide at least minimum cover insurance in such a manner that the buyer can claim directly from the insurer Buyer: unloading, import clearance, on carriage Delivered At Terminal (DAT) + Named Place (terminal on buyer’s side) Breakdown: Seller: export clearance, deliver the goods appropriately packaged and unloaded at the named destination terminal and pay all transport costs thereto. Buyer: import clearance, on carriage Delivered At Place (DAP) + Named Place (on the buyer’s side) Breakdown: Seller: export clearance, deliver the goods appropriately packaged at the named destination and pay all transport costs thereto. Buyer: unloading, import clearance, on carriage Delivered Duty Paid (DDP) + Named Place (on the buyer’s side) Breakdown: Seller: export clearance, deliver the goods appropriately packaged and cleared for import at the named destination and pay all transport costs thereto. Buyer: unloading, on carriage Free Alongside Ship (FAS) + Named Place (alongside a vessel at port on the seller’s side) Breakdown: Seller delivers goods appropriately export packed alongside the buyer-designated vessel at the port on the seller’s side, export clearance. Buyer: everything else (vessel loading, main carriage, import clearance, on carriage) Free On Board (FOB) + Named Place (loaded on a vessel at a port on the seller’s side) Breakdown: Seller delivers goods appropriately export packed on board the buyer-designated vessel at the port on the seller’s side, export clearance. Buyer: everything else (main carriage, import clearance, on carriage) Cost And Freight (CFR) + Named Place (a port on the buyer’s side) Breakdown: Seller delivers goods appropriately export packed on board the seller-designated vessel at the port on the seller’s side and pays transportation costs to the agreed port on the buyer’s side, export clearance. Buyer: everything else (vessel unloading import clearance, on carriage) Cost Insurance And Freight (CIF) + Named Place (a port on the buyer’s side) Breakdown: Seller: as with CFR except seller must also provide at least minimum cover insurance in such a manner that the buyer can claim directly from the insurer Buyer: everything else (vessel unloading import clearance, on carriage) CASE STUDY: You are the exporter. Your factory is situated 100 km from the port. Products can be moved by rail to port for loading, port facilities are good. Insurance is easily arranged. Your country is stable. Ships are available for shipment. What delivery terms would you suggest for sales of your product for the following countries. Country A: Good infrastructure Efficient inland transportation Known for labor dispute Country B: Excellent inland transportation Port congestion from 10 to 90 days Country C: Good port facilities Efficient inland transportation Buyer not reliable Country D: None of the above disadvantages Country is stable Buyer is reliable SHIPPING DOCUMENTS SELLER Invoice: includes value of the cargo, details related to payment, customs duties, insurance claims, declaration of permits and L/C negotiations Types of invoices: †¢Ã‚  Commercial invoice †¢Ã‚  Proforma invoice †¢Ã‚  Consular invoice †¢Ã‚  Customs invoice †¢Ã‚  Non-commercial value invoice Packing list: This statement gives the packing details of the goods in prescribed format. It is very useful document for customs at the time of examination and warehouse keeper of the buyer to maintain a record of inventory and to effect delivery. Essential contents: †¢Ã‚  Description †¢Ã‚  Measurement †¢Ã‚  Quantity Certificate of origin: The certificate issued by local chamber of commerce indicates that the goods which are being exported are actually manufactures in a specific country mentioned therein. It is sent by the exporter to the importer and is useful for clearance of goods from the customs authority of importing country. CARRIERS Bill of Lading (B/L): The document issued by shipping company acknowledging the receipt of goods mentioned in the bill for shipment on board or vessel. The B/L is the legal document to be referred in case of any dispute over the shipment. B/L can be a negotiable document. It contains: †¢Ã‚  The shipping companys name and address †¢Ã‚  The consignees name and address †¢Ã‚  The port of loading and port of discharge †¢Ã‚  Shipping marks and particulars †¢Ã‚  Number of packages and goods †¢Ã‚  Gross weight and net weight †¢Ã‚  Freight details and name of the vessel †¢Ã‚  Signature of the shipping companys agent  Common types of B/L †¢Ã‚  Clean  dirty  stale †¢Ã‚  Through/Tran-shipment †¢Ã‚  Combine transport †¢Ã‚  Master †¢Ã‚  House Airway Bill: The receipt issued by Airlines Company or its agent for carriage  of goods is a contract between the owner of the goods and the carrier. It is a proof of receipt/booking, does not specify loading. Buyer Shipping guarantee (if necessary): Shipping Guarantee is given by the buyer in support of clearing cargo with put B/L. It also protects the carrier against any fraud and indemnify against any claims. CARGO INSURANCE Cargo insurance is the document obtained from the freight forwarder used to assure the consignee that insurance will cover the loss of damage to the cargo during transit. Reasons for Insurance: Protection against risk Prevent financial loss Requirement by bank e.g. L/C term Selling on certain term e.g. CIF Carrier limited liability Reduced business anxiety Documents necessary for claim: Companys cover letter Original policy Shipping invoice Packing list Original B/L or AWB Survey report Landing Account (unloading/discharge report) PAYMENT MODES: Advance Credit account Consignment sale Documentary collection 1. Document Against Payment (D/P): Supplier ship goods and forward bill of exchange to buyers bank through his own bank. No credit involved and buyer obtain title of goods after payment. 2. Document Against Acceptance (D/A): Supplier ship goods and forward bill of exchange to buyers bank through his own bank. Credit period involved and buyer obtain title of goods before payment. Letter of credit (L/C)  It is the letter of undertaking by importers bank to pay overseas exporter against exporters shipping document. Shipping document must strictly adhere to the terms and conditions of the L/C. L/C Procedures: Sales contract between seller and buyer Buyer open L/C with the issuing bank Issuing bank sends L/C to advising bank Advising bank sends L/C to seller Seller ship cargo Seller presents documents to negotiation bank for payment Negotiating bank checks documents and forward to issuing bank Issuing bank checks and pay to negotiating bank Negotiating bank pays to Seller Buyer pays issuing bank Issuing bank releases shipping documents to buyer Buyer uses issuing documents to clear cargo Types of L/C: Revocable Irrevocable 1. Confirmed 2. unconfirmed Red clause Revolving Transferable Back to back Advantages Secure Financial assistance Bank control and hold title to goods Seller receives payment before buyer receives goods Disadvantage Over reliance on shipping documentation No physical inspection of goods Bank not familiar with shipping practices Subject to fraud Very costly ADVANTAGES OF EXPOT BUSINESS Creating goodwill between nations with divergent interests. Exchange of goods unavailable overseas Enhance domestic competitiveness Increase sales and profits Gain global market share Exploit corporate technology and know-how Extend sales potential of existing product Stabilize seasonal market fluctuations Enhance potential for corporate expansion Sell excess production capacity Gain information about foreign competition CHALLENGES IN EXPOT BUSINESS Political and commercial risk Compliance to foreign regulations and standards cultural and language differences Non payment by foreign buyer Currency exchange rates Damage to goods in transit intellectual property rights

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Sexual Abuse according to the Mississippi Department of Human services (Services, 2009)is any inappropriate touching by a friend, family member, anyone having on-going contact and/or a stranger. Inappropriate touching could include touching a child in their genital area. Penetrating a child vaginal or orally. Allowing a child to view pornography or perform it. An adult selling a child into prostitution for money, drugs. Have a child engage in oral sex acts. Having an adult masturbating and/or having sexual intercourse in front of a child. Older youth or adults may force a middle childhood child into participating in these acts by threatening them, or people they care about such as their parents (Services, 2009). According to Gateway, Long-Term Consequences of Child Abuse and Neglect,( 2009) not all children that are victims of sexual assault will have behavior problems or difficulties. The victims that do have difficulties coping with the sexual assault are often are emotionally and traumatized by the person who has abused them. There can be both short and long-term effects, which may result from such abuse, including intense shame, low self-esteem, grief, anger, depression, anxiety. They could show signs of mistrust of adults, feelings of anger and hostility, and difficulties in getting along with peers. Younger children may have sleep difficulties, loss of appetite, and generalized fearfulness and anxiety. Abused girls often enter into unhealthy relationships and many become promiscuous. Additionally, if the abuse occurred in middle childhood, ages 6-12, the victim may develop false memories that the abuse ever occurred; be in denial; or be unaware that the type of experience was determin ed to be sexual abuse. According to Mc... ...munities are less than in the larger communities so it is best when in practice to have a list of available resources ready for the needs of the clients. Clients are going to have trust issues and some of the family members could have trust issues especially if the abuser is a trusted family member. When in practice is important to remember this is a traumatic event in their family. Some clients may need more help from the worker than others may. When in practice, if working with a child in the middle childhood, it is essential of the patience and working with that client on their cognitive development. Remember their developmental stages to work on even with this if the victim is developmentally delayed make sure to work on the developmental stage there are cognitively not numerically. Always when preparing to work with clients to work with them on their level.

The Need for Computer Education and Access

The need for computer education and access is not a luxury anymore: it†s a necessity. People from all lifestyles can benefit from the Internet. Recently a local agency was giving a grant expand public access to computer networking. The next question would be is where to place the computers outside of school. Any lifestyle still allows people to have access to the internet. For example mentioned in the articles. A homeless person was able to make her own web page. Which resulted in a job with a good company therefore she was able to get her life back on track. The internet is now considered a necessity because present job skills require familiarity with the internet. According to the article † access to the internet is an important part of civic life as parks, public transit, libraries, and cultural centers†. Another reason the internet is a necessity is community assets. Some examples are crime-fighting efforts within the community, accessibility to investigate crimnial active when buying real estate. According to the chart 10 Community Networks, some networks have been place throughout the Eastern part of the U.S. Accessibility has been made possible for recycling programs for the disabled, low-income neighborhoods, and participates in public web markets. Having public access to the people has had many positive impacts on the society as a whole. It†s helped lifestyles, it†s become a necessity and accessibility had been made possible. The Internet provides information to everyone.

Military Bearing, Respect and Discipline - 1989 Words

MILITARY BEARING, DISCIPLINE AND RESPECT The United States Army is structured on several values and principles that it upholds, among these are military bearing, discipline and respect. These principles represents what the organization strongly believes in and governs the most basic customs and courtesies that all its members should abide by, otherwise legal repercussion and punishment is enforced that could ultimately result in separation from the organization. According to Field Manual 6-22, â€Å"Military Bearing is defined as having or projecting a commanding presence and a professional image of authority†. One is to observe a sense of calmness even in the most stressful situations, leaders of the United States Army should maintain†¦show more content†¦The fear of punishment is the basis for learning fast and what one should or should not do. It may be a little harsh in the eyes of civilians but in the military, this is the only way. How is one supposed to fol low what is taught if there is no fear of punishment and reprisal for disobedience. Training, retraining and punishment until perfection is achieved is military discipline. The reason for this goes back to battlefield and combat conditions once again. It is through military discipline that wars fought could be won or essentially save thousands of lives. Military discipline is taught and learned with precision because these lessons are things that one should always remember and one mistake could greatly impact a mission or change one’s life. A good example of this is soldiers who are not actively engaged in firing should always switch their weapons on safe, they teach you and remind you and instill on you that these procedure needs to be followed at all times. 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