Professional Documents
Culture Documents
Sr. No.
Topic
Page no.
1.
Industry Profile
2.
Company Profile
2-6
3. 4.
8-9
5.
10-13
6.
Research Methodology
14-15
7.
Learning
16-19
8.
Suggestion
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9.
Conclusion
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INDUSTRY PROFILE
International Business field is concerned with the issues facing international companies and governments in dealing with all types of cross border transactions. International Business involves all business transactions that involve two or more countries export and import goods and services. International Business consists of transactions that are devised and carried out across borders to satisfy the objectives of individuals and organizations. International Business consists of those activities private and public enterprises which, involves the movement across national boundaries of goods and services, resources, knowledge. A Multinational Enterprise has a worldwide approach to foreign markets and production and an integrated global philosophy encompassing both domestic and international markets. Defined as a process of accomplishing the global objectives of a firm by effectively coordinating the procurement, allocation, and Utilization of the human, financial, intellectual, and physical resources of the firm within and Across national boundaries and effectively Preparing the path toward the desired organizational goals by navigating the firm through a global environment that is not only dynamic but often very hostile to the firms very Survival.
COMPANY PROFILE
ROYAL FREIGHT FORWADERS is full fledged freight logistics solution provider to the exporters and importers to the India. We are based in Nagpur a major ICD in India with branches & associate offices all over the world. We take care of all freight logistics procedures like custom clearance, freight forwarding, consolidation, deconsolidation, etc. our custom house agency which happens to be our parent company is under the name and style of M/s ROYAL FREIGHT FORWADERS as custom agents we have a matchless record of customer satisfaction by giving them excellent service. ROYAL FREIGHT FORWADERS is the member of the world renowned freight forwarders organization having more than 150 office & partners across the world. We plan your schedule for transportation of cargo in the shortest possible time and keeps up with the committed schedule. We have an excellent track record of giving hundred percent on time delivery by holding on to our commitments. The hi-tech infrastructure, skilled and experience manpower of our offices helps us in giving prompt services to our customer and keeps ourself very well updated with the latest shipment details. We carter to our clients with purpose of objectives to maintain a strong bound and an ever lasting relationship. We took forward to have a very good, ever lasting relationship with you for future logistic services.
MISSION
TO ACHIEVE THE FULLEST CONFIDENCE AND UTMOST SATISFACTION IN OUR SERVICES RENDERED TO OUR CLIENTS.
BRANCHES
Registered office Branch office Nagpur Raipur
Associate Offices
Delhi
Chennai
Mumbai
Baroda Cochin
Bangalore Visakhapatnam
Kandla Ahmedabad
SERVICES PROVIDED
1) INTERNATIONAL FREIGHT FORWARDING 2) CONSOLIDATION AND DE - CONSOLIDATION. 3) HANDLING OVER DIMENSIONAL CARGOES /CONTAINERIZED CARGO 4) ARRANGMENT OF CHARTER VESSEL FOR BREAK BULK SHIPMENTS. 5) UNDERTAKING FOR EXWORKS AT BOTH ENDS. 6) DOOR TO DOOR DELIVERY THROUGHOUT INDIA BY ROAD AND RAIL. 7) WAREWHOUSING / BONDING ARRANGEMENTS. 8) SHIPMENT OF EXPORT CARGO BOTH BY SEA AND AIR 9) CLEARANCE OF IMPORTED CARGO BOTH BY SEA AND AIR
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ABOUT CONCOR
Incorporated in March 1988, Container Corporation of India (CONCOR) is a multi-modal (rail and road) logistics support provider for the country`s EXIM and domestic trade and commerce, working under the ministry of railways, government of India. CONCOR commenced operation from November 1989 taking over the existing network of 7 Inland Containers Depots (ICD`s) from the Indian Railways. The company`s core business is characterized by three distinct activities that of a carrier, a terminal operator, and a warehouse operator. The company provides a single window facility coordinating with all the different agencies and services involved in the containerized cargo trade right from customs, gateway ports, and railways, to road haulers, consolidators, forwarders, custom house agents and shipping lines. Container Corporation of India has value-added services like linking of road or short lead rail shuttle services to long lead point-to-point train services (hub and spoke services), integrated freight terminals, transportation of perishable products from source to enduser (cold chains), and total logistics solutions. CONCOR has over 5,200 state-of-the-art high-speed bogies, low-height container flat-wagons (type BLC) in service. The company has a total of 57 terminals, of which 48 are export-import container depots, and nine exclusive domestic container depots. The customs bonded inland container depots are dry ports in the hinterland and serve to bring all port facilities including customs clearance to the customer`s doorstep. CONCOR also operates container terminals across the country to cater to the needs of the trade, whether in the EX-IM or the domestic business.
OPERATION DEPARTMENT
Operation department handles container movement from one destination to another destination; it keeps the records of all wagons with loaded and unloaded container movement from dry port to desirable destination port.
All shipping companies containers kept at dry port, which when required are been allotted the container of the respective shipping line, then operation department will allot the container to that particular allotted customer. The CONCOR department has its own 100(+) railways which are only used for container transaction. There are 45 wagons in one train the total of 45 wagons is called as a Rake. There are 12 separate rake allotted to Nagpur only. In one Rake there are 45 wagons in one wagon two 20 feet container or one 40 feet container can be placed. In one movement 90 containers are transported. The booking, checking of the container is done in operation department. It also handles the rake planning and gives position of the container (arrival, departure and present status).
Billing counter
The billing section is main source of the CONCOR. There are two types of billing counter. 1. Domestic 2. International
Domestic:
Domestic bill contain all billing for domestic business i.e. within the country. The difference is only that it provides containers to party but it does not contain any duties.
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There is a different section of billing for domestic transaction and the server is connected to MIS department. This has link with headquarter at Delhi.
International:
International billing contains all billing of exported and imported goods. It has its different section of billing. The various documents needed along with bills i.e. Bill of entry for imported goods etc. Bill of lading for shipping line and shipping bill for exported goods. Job order is also attached from this section.
2007-2008. Top Indian company in the shipping and logistic sector for the dun & BradstreetAmerican express corporate awards, 2007-2008 consecutively. CONCOR has received corporate excellence award from amity international for the year 2007.
OBJECTIVE:Objective of the study are:1. To study the Import and Export Materials in Inland Container Depot. 2. To study documents required in Import and Export Process. 3. To study about the Trains which import and export Materials? 4. To study about the contractor of ICD and There Trucks. 5. To study Name of the Companies where the Materials are exported from ICD. 6. To study about the Containers which are used For Transportation.
WEAKNESSES
Poor asset maintenance has led to lower efficiency and clogged capacity. Top 20 terminals handle 83% of total volumes. So that balance 65% of terminals handled only 17% of the total volumes. Consequently there is large portion of capacity not being optically utilized.
OPPORTUNITIES
Increase in the penetration of containerization in India is currently at 60% vs.
80% globally. We expect the penetration to improve to 75% driven by cost advantage in favor of containerization. Substantial growth expected in international trade, according to estimates from the ministry of trade and commerce.
Rapid growth of organized retail and agro processing industries and strong FDI inflows into various industries should lead to enhanced market opportunities for logistic market.
THREATS
High land acquisition cost for developing ICD implies that the sector is capital intensive. Business depends on international trade to a greater extend. Thus companies in this sector are exposed to geopolitical risk. Competition from truck operators.
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D.E.E.C/D.E.P.B. Book or its Application together with the receipt in duplicates whichever is applicable. Declarations.
Drawback claim copy of the S/B duly signed on the reverse of the same on the revenue stamp under your rubber stamp. Name, Address and A/c. No., of your bankers where drawback amount is to be credited.
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Import
LIST OF NORMAL DOCUMENTS REQUIRED FOR IMPORT CONSIGNMENTS:
Drawback Serial Code Import/Export No.
Permanent Income Tax A/c. No. allotted to importer. If in case shipment by Merchant Exporter name and address of Manufacturers to Signed copy of Invoice. be included on Invoice and certificate issued by Central Department to the Signed copy of Packing List. manufacturer stating that Moved have been availed by them for the quantity sold to Bill of Lading/Airway bill. the exporter. Insurance memo/policy. Import License/C.C.P with letter of Transfer/letter of a authority etc. License/SSI Registration Certificate. (English Translation required when Certificate is not in E.D.I Number allotted by Mumbai Customs. In case the same is not taken from English). Customs registration will have to be done prior to export. Set of Importers Declarations and GATT declarations signed under your rubber N- Form and under taking for the same duly signed under your rubber Stamp. stamp. Certificate are any specific requirements the same may be intimated to us when In case there of Origin.
sending the documents for Analysis/ Catalogue/ Write up. Literature/ Certificate of shipment like palletisation, fumigation SGS, Commission to be declared Order/Order Confirmation.
Phytosanitory,
on GR etc.
No Commission Declaration. When cargo is in bags or drums packing material declaration as per P.N.99/90. Freight memo with Bank Freight Certificate, where freight is payable in India. Bank Draft/Letter of Credit. Original documents duly endorsed in your favor by your Bankers and in turn endorsed by you under your rubber stamp in our favor. Invoice duly attested by Bank should also be sent. OR Letter of authority authorizing us to collect Delivery order on your letter Head (in 3 copies) with Bank Delivery order on banks letterhead (consignment by Air) along with Bank attested Invoice.
In addition to the above following documents where applicable should also be sent to us: Original D.E.E.C./ D.E.P.B. together with relevant Declarations. 18a. Concessional duty certificate (issued by DGTD or any sponsoring Authority ) Adhoc exemption certificate with the end-use bond. N.Form and Undertaking (in case of clearance at Mumbai.) In addition where cargo is to be bonded Warehouse outside Bombay. Double-Duty bond. Transit bond. Space availability Certificate from Warehousing Authority. N.O.C. from Customs/Central Excise. Insurance policy for duty amount favoring Commissioner of Customs covering
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RESEARCH DESIGN AND METHODOLOGY :The system of collecting data for research projects is known as research methodology. The data may be collected for either theoretical or practical research for example management research may be strategically conceptualized along with operational planning methods and change management. Some important factors in research methodology include validity of research data, Ethics and the reliability of measures most of your work is finished by the time you finish the analysis of your data. This research was conducted in order to determine the custom clearance through ICD, what are the Process and Documents required for importing and exporting Materials. PROBLEM STATEMENT: To study about the Process and Documents required for importing and exporting Materials
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SECONDARY SOURCES:
Data collected from a source that has already been published in any form is called as secondary data. The review of literature in any research is based on secondary data. This can be mostly from books, journals, periodicals and magazines. Secondary data is very useful in deciding the objectives of research study. In this project, data is collected from Internet and Various Literatures and articles related to commercial vehicle and construction equipment.
RESEARCH DESIGN:
DESCRIPTIVE RESEARCH: Descriptive research design is a scientific method which involves observing and describing the behavior of a subject without influencing it in any way. These types of experiments are often used by anthropologists, psychologists and social scientists to observe natural behaviors without affecting them in any way. It is also used by market researchers to judge the habits of customers, or by companies wishing to find the procedural aspects & new interpretation of the transactions. The descriptive method of research was used for this study. The emphasis is on describing & interpreting rather than on judging. This method allows a flexible approach, thus, when important new issues and questions arise during the duration of study, further investigation can be conducted.
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LEARNING & FINDING 1) To study the Trains Linked with Inland Container Depot, Nagpur
Rail Linkages to Nagpur ICD Mumbai (JNPT/NSICT), Tughlakabad, Kolkata (Cossipore Road), Ahmedabad (Khodyar), Chennai (Tondiarpet), Bangalore (Whitefield)
Daily Service Daily Service Daily Service Daily Service Daily Service Daily Service Daily Service
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Premchand company And Pvt Limited Total Contract Premchands Own Trucks Shippers 160 Trucks 105 Trucks 55 Trucks
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Product
ROTARY KILN BAUXITE COAL TAR PITCH FERRO SILICON HEAVY MELTING STEEL SCRAP HEAVY MELTING STEEL SCRAP EXXONMOBIL PP5032E3 PLASTICS TIE BOXES PURIFIED TEREPHTHALIC ACID CALCIUM CARBONATE FLUORSPAR ALUMINIUM SCRAP TELIC AS PER ISRI FERRO SILICON CALCIUM WASTE PAPER SOFT MIX PAPER HEAVY MELTING STEEL SCRAP PURIFIED TEREPHTHALIC ACID ULTRA GLOSS CERAMIC TILES GLAZED PORCELAIN TILES AND POLISHED PORCELAIN TILES
Country
CHINA ROMANIA RUSSIA BRAZIL AND SWEDEN SWEDEN SAUDI ARABIA CHINA THAILAND MALAYSIA CHINA SAUDI ARABIA BRAZIL FRANCE SWEDEN THAILAND SINGAPORE CHINA CHINA
Export Materials Nagpur ICD export data is daily basis collection process of actual shipment records of
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port. Data is procured from several govt. departments and some shipping line agent allocated at Nagpur ICD port.
Product NON ALLOY STEEL HEX BARS ALLOY STEEL FLAT BARS CENOSPHERE/(FLOATER ASH) POLYESTER PARTIALLY ORIENTED YARN COLOURING PIGMENT POWDER DRAW TEXTURISED YARN MANGANOUS OXIDE ADIFLAM TABLET LIBITUS PLUS SYRUP
Country VERACRUZ LAEM CHABANG ABU DHABHI SUAPE PUSAN GEMLIK CAT LAI KAMPALA KAMPALA
From Inland Container Depot INDIAN LONG GRAIN WHITE RICE FRESHLY MILLED, 100 % SORTEXED AND DOUBLE POLISHED IS EXPORTED IN LARGE QUANTITY
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SUGGESTIONS
Concentration points for long distance cargoes and its unitization. Service as a transit facilities Customs clearance facility available near the centers
o
of production and
consumption
No Customs required at gateway ports. Issuance of through bill of lading by shipping lines, hereby resuming full liability of
shipments.
Reduced overall level of empty container movement. Competitive transport cost. Reduced inventory cost.
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CONCLUSION
Documentation is the most important factor which is considers in the Import And Export Procedure The Process Of Import and Export procedure changes according to the Government Policies The Materials which are imported and exported are depend on the availability of Materials in Nagpur Contractors take trucks from Shippers when necessary for import and Export
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