Article,
A Study on Export Documentation and Clearance Process at Logistics Company
CENTRAL ASIAN JOURNAL OF INNOVATIONS ON TOURISM MANAGEMENT AND FINANCE, 4 (10): 165-182 (October 2023)
Abstract
The term "export" is commonly used to describe the process of sending products and services abroad in exchange for foreign currency. Foreign trade is governed by a variety of rules and regulations that vary from country to country. A business that exports must keep and submit various documents to satisfy the laws and regulations of each country it ships to. The paperwork process differs for each product, manufacturing method, industry, and export destination. Maximizing the contribution of trade and other economic policies to development requires that these policies be coherent and consistent with one another. Thus, it is vital to move much beyond the current practise of enunciating a yearly EXIM Policy and take an integrated approach to the developmental needs of India's Foreign trade. Every five years, the Export-Import Policy is released by the Government of India's Ministry of Commerce and Industry. The goals of EXIM policy are to increase export capacity, boost export performance, promote international trade, and improve the country's overall balance of payments. Industrial training introduces students to both the company and the field in which it operates. The goal of this work is to learn all there is to know about export paperwork and clearance. The first part of the essay is an introductory paragraph. The logistics sector that the company operates in is introduced here.
