Collect and endorse document

Case Study

Title: Import of Fabrics from India to Sri lanka 2011

Corridors and Routes: Via Ports of Visakhapatnam, Navashiva, Chennai and Tuticorin

Trade Product: Textiles

Trade Type: Import

Process Analysis: Import to Sri Lanka, Export from India

Exporting Country: India

Importing Country: Sri Lanka

Category: Pre-clearance regulatory procedures

Country and Procedure Description: Collect and endorse document (Import to LKA from IND/Textiles)

Related Rules, Laws and Regulations:

Actors and Participants: -Importer's Bank
-Importer
-Shipping Agent

Input Criteria to Enter or Begin the Business Process: -Receive documents from exporter

Activities and Associated Documentary Requirements: 1. Two sets of documents are sent by the supplier from India: a) original set of documents to the bank, b) copy of the set of documents to the buyer. These documents include: 1) Commercial Invoice, 2) Packing list, 3) Bill of Lading, 4) Inspection Certificate (by the appointed body in India), 5) GSP certificate, 6) Insurance Certificate, and 7) Certificate of Origin. 2.If the documents comply with the requirements, then the payment is released when the documents are collected.

Output Criteria to Exit the Business Process: -Able to apply for the letter of credit and obtain delivery order

Activity Diagrams:

Number of Required Documents: 7

Minimum Required Time:

Maximum Required Time:

Average Required Time: 2

Minimum Cost:

Maximum Cost:

Average Cost: USD 677 (For entire import process, not just this activity)