Export Procedures

Export Procedures : The order or Indent
The first step is an export transaction is generally the receipt of an order or indent for the goods to be shipped to the prospective importer.
The term "intent"arises from the old customs,when such order used to be made out in more than one copy and then each of them indented or torn at the edge arbitrarily.this was done to keep the identical copy of an order.now this practice is no longer in vogue,as exact and similer carbon copies can be made of same order.
usually,an indent should contain full and detailed information about
(a) Dtails of goods required,it's quality,quantity,size,marks,etc.
(b)Price,(c)packing & shiping instructions (d)date of shipment and
(e)Methods of reimbursement.
Indents are usually of verious types and made according to commodities.
An indent may be an "Open"or a "closed"one.It is open,when the importer leaves some option to buyer in the exporting country,regarding the selection of goods,price and marks,etc.In a "closed" indent exact description,price and marks,etc of goods are genrally given,and the imporer's buyer in the exporting country merely acts as a medium.In this modern days of advertising and quick dissemination of news the latter type of indent is more often to be met with.when the prospective importer mention the price of the comodity in an indent,it may happen that it is not acceptable to the exporter.In such an event an indent maypass backwards and forwards untill it is finally accepted by both parties.when a final or a "confirmatory" indent ensues.
After an indent is finally accepted by the exporter,arrangements are made for the shipment of the goods.