Export Import Answer Book

3rd Edition
Price: Rs.795/-; Overseas: US$20
By Ajay Srivastava
The Complete Questions and Answers: Straight Answers to over 900 questions asked by the entrepreneurs as they launched, developed and grew their export-import business.
Business impact of the WTO, Free Trade Agreements, GSP, Foreign Trade Policy, Product specific Trade Policy, Customs, Car imports, Excise, CENVAT, Banking, Start Up
The Author:
Ajay Srivastava works as Joint Director General of Foreign Trade at DGFT, Mininstry of Commerce and Industry.

Contents of the book

Chapter

Coverage

Overview – 3 Reasons: Why smart entrepreneurs use this book

SECTION ONE
SCHEMES FOR EXPORT PROMOTION

1

Decision making regarding the Schemes for Export Promotion
Schemes for import of raw material

2

Advance Authorization scheme

3

Duty-free Import Authorization (DFIA)

Schemes for neutralisation/ refund of duties paid

4

Drawback Scheme
Schemes for importing capital goods at concessional duty

5

Export Promotion Capital Goods (EPCG) Scheme
SCHEMES FOR SPECIFIC SECTORS
Service Sector

6

Served From India Scheme (SFIS)
Agiculture and village industry sector

7

Vishesh Krishi and Gram Udyog Yojna (VKGUY)

8

Scheme for import of Capital Goods for the Agriculture product exports
Product market link schemes

9

Focus Market Scheme (FMS)

10

Focus Product Scheme (FPS)

11

Market Linked Focus Product scheme

Schemes for supplies within the country

12

Deemed Exports

Diamond, gold sector

13

Gems & Jewelry Export Promotion Scheme

Special enclave for exports

14

Special Economic Zones (SEZ)

15

100% Export Oriented Units (EOU)
SPECIAL SCHEMES PROMOTING EXPORTS
Recognition of exporters based on performance

16

Incremental Exports Incentivisation Scheme (IEIS)

17

Recognition as Export, Trading Houses

Schemes for market development assistance (MDA)

18

MDA scheme implemented by Department of commerce

19

SSI-MDA Scheme for SSI Exporters

Scheme for providing partial assistance for
export efforts

20

Market Access Initiative (MAI)

Scheme for export related infrastructure development

21

Assistance to States for Infrastructure Development of Export (ASIDE)
Scheme for promoting export clusters

22

Towns of Export Excellence (TEE)

Scheme for complying preshipment, quality
requirements

23

Pre-shipment Inspection
Scheme for small scale and agriculture sector development

24

Schemes for Assistance to the micro and small enterprises (MSEs)

25

Agriculture Export Development Schemes

SECTION TWO
BUSINESS IMPACT OF WTO, FTAs & OTHER
INTERNATIONAL TRADE ISSUES

Mechanism for rule based trade

26

World Trade Organisation
Preferential trade with FTA partners

27

Free Trade Agreements (FTAs)

28

Rules of Origin for Free Trade Agreements

Less duty access to products in select countries

29

Generalized System of Preferences Scheme for benefit of Select Indian Products
Emerging issues affecting trade

30

Non Tariff Measures (NTMs) of various Countries affecting Trade

31

Sanitary and Phyto-sanitary Measures (SPS)

32

Intellectual Property Rights (IPR)

33

Geographical Indications(GIs)

Instruments for handling imports surge, export subsidies

34

Countervailing duty (CVD)

35

Safeguard Duty

36

Anti dumping Duty

SECTION THREE
EXPORT-IMPORT POLICY &
IMPORT DUTY STRUCTURE

37

Indian Import Policy and Procedure

Architecture of Indian Import policy

Import of Second hand capital goods, raw material, computers and replacement goods

Quality and packaging guidelines for imports into
India

Special purpose imports

Import of Gifts/ samples

Imports-waste, scrap, Ozone depleting chemicals,
genetically modified materials

Product wise import guidelines/ policy

38

Import classification and Customs Duties
Import classification and duties
Custom duty types, calculation
Custom duty on specific items
Export Duty

39

Import of Automobiles
Checklist, summary of Rules of Car Imports
Import Duty on Cars
Valuation of New, old Car
Detailed Procedure for Import of Car
Car Import by Special Categories of Persons/ Firms

40

Indian Export Policy and Procedure
Architecture of Indian Export policy
Export Licence
Export of Gifts
Postal and Courier exports
Export Warehousing
Project Exports, Software exports, exports from SEZ
Consignment exports, Counter Trade
Product wise Export guidelines/ policy

SECTION FOUR
NUTS & BOLTS OF EXPORT OPERATIONS

41

General provisions regarding Imports and Exports

42

Custom Rules

43

Central Excise

44

CENVAT
Export Finance, Banking and Insurance

45

Pre-Shipment & Post-Shipment Finance

46

Exim Bank

47

Line of Credit

48

RBI Guidelines on Exports Of Goods and Services

49

RBI Guidelines on Import Of Goods and Services

50

Foreign Exchange for Individuals/ Firms

51

Export Credit cum Guarantee Corporation (ECGC) Scheme For Product Insurance

52

Marine Insurance

SECTION FIVE
STARTING AN EXPORT ENTERPRISE:
ESSENTIAL TOOL KIT

53

CEOs guide for starting an export enterprise- based on feed- back from successful exporters
Organization and Registration for exporting, preparing an export quote
Overview of export process
First steps, product selection, approaching the markets, price calculation for exports
Becoming a successful Fast Track exporter

54

Question Index
Acronym
References
Subject Index
Acknowdgements