exports process in cin

[Former Member]

hai gurus

can any bady give me the in detail export process and types of export process in cin

thanks

[Former Member · Accepted solution]

Dear Rao,

I will suggest you to visit http://sap-img.com/sap-sd.htm.

There is a separate section on CIN in the link I have given you. Trust me if you go through all the links you will have a fairly good idea of the CIN.

Do let me know in case of any queries.

Hope this helps you.

Do award points if you found them useful.

Regards,

Rakesh

[Lakshmipathi]

Dear Nitchel

Please don't post such a generic question. What exactly you want??

For information, in general, exports can be classified as

a) Direct Exports

Manufacturing Plants will exports their products directly to overseas customers

b) Indirect Exports

This can further be classified as "Exports Merchant" and "Export Agent".

Export Merchant

Export Merchant, this is a trading company that will buy the local firm's goods outright and assume the risk of being able to resell them profitably abroad.

The export merchant usually specializes in a particular line of products and/or in a particular geographical market area. Sometime it sells the goods with the original supplier's labels or puts its own label.

Export Agent

An export agent, is a trading company that acts for local manufacturers, usually representing a number of non-competing manufacturers.

In return for obtaining export order from abroad, the export agent receives a commission.

Unlike the export merchant, the agent does not become the owner of the goods and therefore does not assume the risk of not being able to sell them abroad.

c) Deemed Exports

"Deemed Exports" refers to those transactions in which the goods supplied do not leave the country and the payment for such supplies is received either in Indian rupees or in free foreign exchange.

Thanks

G. Lakshmipathi