New Syllabus(June-2008)
P.G. Diploma in Foreign Trade (PGDFT)
Monsoon Semester
MODULE –1 (A) :
INTERNATIONAL BUSINES THEORY AND
PRACTICE
1.
Introduction :
Basic concepts and decision framework; Analyzing market
opportunities and analysis of marketing information; Modes of
entering overseas markets.
2.
Planning and Promotion :
Planning international marketing operations; Product policies;
Distribution channels; Pricing decisions; Promotion and trade fairs;
Advertising and publicity.
3.
Process and Techniques :
International marketing process and techniques-direct exporting,
indirect exporting, counter trade, licensing, sub-contracting, joint
ventures; EPRG framework.
4.
Organization and Control of International Marketing Operations:
International tendering; Procurement for exports; Export information
system.
5.
International Pricing Policies :
Distribution strategy; Promotional strategy; Internationals MIS;
Organization and control; Counter trade.
6.
Concept of Strategy :
Strategy and objectives; Identification of strategic resource
management.
7.
Industrial environment and competitive analysis :
Shareholder analysis; Social responsibility of business.
8.
Evaluating strategic alternatives :
Strategic administration; multi business, global business and corporate
strategies.
9.
Development of Human Resources :
Importance of training and education; Operative and supervisory
training; On-the-job and off-the-job training; Management
development performance; Appraisal and potential appraisal;
Employee counseling-career path and succession chart.
10.
Behavior in Organisation :
Motivation, motivational theories, leadership and group dynamics;
Building work teams; Handling of grievances; Effective supervision;
Development of employee participation.
(B): GLOBAL TRADE ENVIRONMENT
1.
Introduction :
Basis of international trade; Terms of trade; Balance of payment;
Economic development and foreign trade; Commercial policy;
Generalized systems and preferences; International monetary system
and financial markets.
2.
International Economic Co-operation :
Foreign Investment; Foreign aid, technology transfer and international
trade; Economic co-operation among developing countries;
International trade in services; International migration of skilled and
unskilled labour.
Books Recommended :
1.
2.
3.
4.
Sindhwani : The Global Business Game, Macmillan India Ltd., New
Delhi.
Mithani, D.M.: International Economics: theory and Practice,
Himalaya Publishing House, Delhi.
Stanton, William J. and Charles Futroll, Fundamental of Marketing,
McGraw Hill Publishing Co., New York.
Jeannet, Jean-Pierre and Hennessey, H. : Global Marketing Strategies,
Deep and Deep Publications Ltd. New Delhi.
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MODULE –2
:
FOREIGN TRADE POLICY AND LAW
1)
Preamble.
2)
Legal Framework.
3)
Special Focus Initiative.
4)
Board of Trade.
5)
General Provisions Regarding.
6)
Export & Import.
7)
Promotional Measures.
8)
Duty Exemption /Remission Schemes.
9)
Export promotion Capital Goods Scheme.
10)
Export oriented Units (EOUs)
Electronics Hardware Technology
Parks (EHTPs)
Software Technology Parks (STPs)
Bio-technology Parks (BTPs)
11)
Special Economic Zones (SEZs)
12)
Free Trade & Ware Housing Zones.
13)
Deemed Exports.
14)
Central Excise Act, 1944.
Central Excise Rules, 2002.
15)
Service Tax.
Appendix :
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
Export-Import : Subject Introduction.
Foreign Trade Policy & Handbook of Procedures 2004-09.
Standard Input-Output Norms (SSION)
and ITC (HS) Classification of Goods.
Export Incentives : Duty Exemption & Duty Remission Schemes.
Advance License/DFRC/DEPB/DFIA/Duty.
Formation of Export Firm/Company : Important Tips.
Importer-Exporter code Number. Take it yourself.
Export Documentation : General.
1.
Commercial Documents
2.
Regulatory Documents.
Export Documentation : Preparing Proforma Invoice/Commercial
Invoice/Packing List/Shipping Instructions to CHA/Bill Collecting
instructions to bank.
International Commercial Terms :
INCOTERMS 2000. Rights & Obligations of Seller/Buyer in
international trade.
EXW/FCA/FAS/FOB/CFR/DIF/DPT/CIP/DAF/DES/DEQ/DDU/DD
P.
packing and Labelling of Export Goods. Shipping Marks and
Numbers.
A.
Pre-shipment Inspection of export goods by Inspection
Agencies.
B.
Factory Stuffing & Removal of excisable goods for export from
the factory premises under Bond without payment of duty : B-1
Bond, ARE-1, CT-1,UT-1: Procedure.
Customs House Agents (CHA) & Shipping Agents. Movement of
export goods at PORT/ICD/CFS. Filling of Shipping Bill,
Examination of goods by Customs and cargo loading on board the
vessel.
FCL (Full Container Load/LCL (Less than Container Load) Cargo &
Sea / Air Freight. Calculation of Cargo Weight & Volume and space
available for stuffing in the container.
Export Pricing and Costing : Preparing Proforma Invoice.
Import of goods : Procedure : Filing of Bill of Entry, Appraisal &
Examination of imported goods by customs. Customs Tariff. Landing
Cost of Imported Goods.
Customs valuation of imported goods.
17.
18.
19.
20.
21.
22.
23.
24.
25.
26.
27.
28.
Export Finance : Pre-shipment & Post-shipment bank finance against
confirmed orders / letters of credit.
Modes of Export Payment : drawing of Export bills on D.P.
(Documents against Acceptance) Terms. Bill Collecting Bank’s role.
Bill of Exchange & Parties thereto. NOTING 7 PROTEST.
Letters of credit. Parties to letter of credit. Their rights &
responsibilities.
Letters of credit : Irrevocable /Revocable/Confirmed/Back to
Back/Revolving/Transferable/Deferred Payment/Stand by types of
letters of credit. Case Study of Sample Letter of Credit.
Uniform Customs & Practice for Documentary Credits 500.
Study of Case Law in respect of letters of credit.
Export of goods. Exemption from Sales Tax/VAT/CST, Income Tax,
Central Excise and CENVAT Credit.
DEPB/DFRC/Drawback/Rebate of excise claims on post export basis.
Bank Certificate of Export & Realisation (BRC – APP-22A).
Export-Import Correspondence. Indian Missions abroad also working
as Trade Facilitators for Indian exports. Foreign Embassies in India
an additional source of information for your exports to their countries.
Where to export and how to export ? How to find overseas buyers &
overseas suppliers ? How to communicate and negotiate with overseas
buyers ?
A.
Export-Import by Post/Couries. Export of samples : Customs
Declaration.
B.
Use of INTERNET and WEB in global trade as effective cost
cutting modes of communication.
C.
Role of Export Promotion Councils/commodity Boards / Export
Development Authority / Export Promotion Orgs. In export.
MDA (Market Development Assistance for individual
exporters)
A.
Export of goods : Commercial & Political Risks. ECGC and its
Credit Risks Insurance Policies. Live interaction with ECGC
Branch Manager.
B.
EXIM Bank of India and its role as a facilitator for boosting
export of Indian origin goods in specified countries.
Export & Import of goods : Marine Risks & Marine Insurance
Policies. Institute Cargo Clauses. Shipping Survey/Insurance
Survey/Customs Survey at the port of discharge. Types of losses &
Claims under marine Insurance Policies.
29.
30.
31.
32.
RBI Rules governing exports of goods & services. Export Realisation
Period & Extension, Agency Commission, Trade Discount, Reduction
in Invoice Value, Resale to alternate buyer in foreign country,
Reimport of exported goods, overdue export bills and write off of
unrealised export bills.
Abandonment of cargo at the port of destination. How Port
Authority/Custodian deals with uncleared cargo ? Appropriation of
sale proceeds throgh auction by the custodian-procedure. GR/SDF/PP
forms : Exporter’s liabilities under Foreign Exchange Management
Act, 1999.
Baggage Rules, 1998. Customs Green Channel and Red Channel at
Air Port. Import and Export of Foreign Currency & Indian Currency.
EEFC Account. Foprex facilities for resident Indian.
Service Tax.
Central Excise.
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Winter Semester :
MODULE – 3
: LAW OF EXPORT IMPORT REGULATION.
INTRODUCTION :
1.
1.1.
1.2.
2.
The Basic Needs of Export and Import Trade.
2.1.
2.2.
2.3.
3.
Goods.
Services.
Transportation.
International Regime.
3.1.
3.2.
3.3.
3.4.
3.5.
3.6.
3.7.
3.8.
3.9
4.
State control over import and export of goods -from
rigidity to liberalization.
Impact of regulation on economy.
WTO agreement.
WTO and tariff restrictions.
WTO and non-tariff restrictions.
Investment and transfer of technology.
Quota restriction and anti-dumping.
Permissible regulations.
Quarantine regulation.
Dumping of discarded technology and goods in
International market.
Reduction of subsidies and counter measures.
General Law on Control of Imports and Exports.
4.1. General scheme.
4.2. Legislative control.
4.2.1.
Power of control : Central Government and RBI.
4.2.2.
Foreign Trade Development and Regulation Act 1992.
4.2.3.
Restrictions under customs law.
4.2.3.1.
Prohibition and penalties.
4.3.
Export-Import formulation : guiding features.
4.3.1.
Control under FEMA.
4.3.2.
Foreign exchange and currency.
4.3.2.1.
Import of goods.
4.3.2.2.
4.3.2.3.
5.
Control of Exports.
5.1.
5.2.
6.
Investment policy : NRIs. FIIs.
Joint venture.
Promotion of foreign trade.
Agricultural products.
Textile and cloths.
Jewellery.
Service sector.
Law Relating to Customs.
7.1.
7.2.
7.3.
7.4.
7.5.
8.
Quality control.
Regulation on goods.
Exim policy : Changing Dimensions.
6.1.
6.2.
6.3.
6.4.
6.5.
6.6.
6.7.
7.
Export promotion councils.
Export oriented units and export possessing zones.
Prohibition on importation and exportation of goods.
Control of smuggling activities in export-import trade.
Levy, of and exemption from, customs duties.
Clearance of imported goods and export goods.
Conveyance and warehousing of goods.
Regulation of investment.
8.1.
8.2.
8.3.
8.4.
8.5.
8.6.
8.7.
8.8.
8.9.
Conservation of foreign exchange.
Foreign exchange management.
Currency transfer.
Investment in foreign countries.
Borrowing and Lending of money and foreign currency.
Securities abroad – issue of
Immovable property – purchase abroad.
Establishment of business outside.
Issue of derivatives and foreign securities - GDR
(global depositories receipts), ADR (American
depository receipts) and Uro.
8.10. Investment in Indian banks.
8.11. Repatriation and surrender of foreign securities.
9.
Technology transfer.
9.1.
Collaboration Agreement for Technology Transfer.
9.1.
Restrictive terms in technology transfer agreements.
9.2.
Automatic approval scheme.
Select bibliography.
1.
Government of India, Handbook of Import Export Procedures,
(Refer to the latest edition).
2.
Foreign Trade Development and Regulation Act 1992 and Rules.
3.
Foreign Exchange Management Act 1999.
MODULE -4 :
DISSERTATION OR PROJECT
Project Report
-150
Viva-Voce
- 50
Educational Tour
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-Marks-200