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Unit 12: Export Procedures and Policies
Self Assessment Notes
State whether the following statements are true or false:
9. If the buyer is satisfied with the quotation, he will not approve the same and place a firm
order.
10. C&F agencies are professional agencies that specialize in customs clearing of both exports
as well as import cargo.
11. An export transaction is a series of many diverse yet inter-related activities.
12. The shipping company will not release bill of lading to the C&F agent in exchange of the
Mate’s Receipt.
Case Study KSR, An Actual Freight Forwarding Company
SR Freight Forwarders is a reliable freight forwarding company in India located
in the capital city of New Delhi. The company specializes in air freight forwarding,
Kcustom clearance, shipping, warehousing in India. It has gained a rich experience
in freight forwarding field that enables it to cater to clients’ specific requirements. It
handles a wide range of goods from Cotton Garments to Leather Garments, Footwear and
Granite. Cotton Fabrics account for a substantial portion of our turnover, and we can
confidently say that our expertise in this area is unrivalled. The specific operational
requirement of each commodity is well understood by our field staff and shipments are
planned accordingly. We handle approximately 150 TEUS per month.
Services Offered
Air Freight Forwarding
Custom Clearance
Packing
Shipping
Multi Modal Transport Facilities
Warehousing
We mainly handle the following buyers in U.S.A.
Capital Mercury Shirt Corp New York, U.S.A.
Ivory International Inc., Miami, Opalocka
The Gap Inc., Long Beach, U.S.A.
Federated Products New York, U.S.A.
J.C.Penny Inc., U.S.A.
Kohl’s Department, U.S.A.
Nike, U.S.A.
Contd...
LOVELY PROFESSIONAL UNIVERSITY 217