Lovely Professional University Assignment 2

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LOVELY PROFESSIONAL UNIVERSITY

ASSIGNMENT 2

Course code: MGN902


Course title: EXPORT IMPORT PROCEDURE AND DOCUMENTSTION
Topic: Articles of leather; saddler and harness; travel goods, handbags and
Similar containers; Articles . . . .

Submitted by:
Name: S.Bhuvaneswar reddy
Reg no: 11806794
Roll no: 30
Section: KOM71
Submitted to:
Faculty: Manmeet kaur kukreja
Submission date: 17/11/2021
TABLE OF INDEX

1. Destination identification with justification


2. Opportunity Analysis
3. Risk Analysis
4. Documentation
5. Modus operandi (Export /Licensing/JV/Franchise etc.)
6. Advantage

1. Destination identification with justification:


In 2019, Articles of leather; saddlery and harness; travel goods, handbags and similar
containers; articles of animal gut (other than silk-worm gut) were the world's 38th
most traded product, with a total trade of $79.1B. Between 2018 and 2019 the exports
of Articles of leather; saddlery and harness; travel goods, handbags and similar
containers; articles of animal gut (other than silk-worm gut) grew by 1.18%, from
$78.1B to $79.1B. Trade in Articles of leather; saddlery and harness; travel goods,
handbags and similar containers; articles of animal gut (other than silk-worm gut)
represent 0.44% of total world trade. TOP ORIGIN (2019):india,$29.4BTOP
DESTINATION (2019):United States,$55.1B
Articles of leather; saddlery and harness; travel goods, handbags and similar
containers; articles of animal gut (other than silk-worm gut) are the world's 38th most
traded product. In 2019, the top exporters of Articles of leather; saddlery and harness;
travel goods, handbags and similar containers; articles of animal gut (other than silk-
worm gut) were China ($29.4B), France ($9.4B), Italy ($9.32B), Vietnam ($3.62B),
and India ($2.78B). In 2019, the top importers of Articles of leather; saddlery and
harness; travel goods, handbags and similar containers; articles of animal gut (other
than silk-worm gut) were United States ($12.3B), Japan ($5.27B), Germany ($5.09B),
France ($4.4B), and Hong Kong ($4.1B).
Tariffs by Country
In 2019, the average tariff for India in Articles of leather; saddlery and harness; travel
goods, handbags and similar containers; articles of animal gut (other than silk-worm
gut) was 11.2%.
The countries with the highest tariffs for Articles of leather; saddlery and harness;
travel goods, handbags and similar containers; articles of animal gut (other than silk-
worm gut) in India were Argentina (Most Favoured Nation duty rate treatment,
13.6%), Brazil (Most Favoured Nation duty rate treatment, 13.6%), Paraguay (Most
Favoured Nation duty rate treatment, 13.6%), Uruguay (Most Favoured Nation duty
rate treatment, 13.6%), and Angola (Most Favoured Nation duty rate treatment,
13.5%).

2. Opportunity Analysis

In 2019, India exported $2.78B in Articles of leather; saddlery and harness;


travel goods, handbags and similar containers; The main destinations of India exports
on Articles of leather; saddlery and harness; travel goods, handbags and similar
containers;... Were United States ($604M), Germany ($354M), United Kingdom
($236M), France ($213M), and Spain ($194M).
In 2019, India imported $688M in Articles of leather; saddlery and harness; travel
goods, handbags and similar containers; mainly from China ($558M), Bangladesh
($27.9M), Hong Kong ($17.1M), France ($17M), and Singapore ($16.2M).
THE FASTEST GROWING ARTICLES OF LEATHER;
SADDLERY AND HARNESS; TRAVEL GOODS, HANDBAGS AND SIMILAR
CONTAINERS;
EXPORT MARKETS FOR INDIA WERE (2018 - 2019):
• United States,$70.2M (13.1%)
• France,$35.2M (19.8%)
• Saudi Arabia,$11.8M (134%)
Market Concentration
IN 2019, INDIA'S MAIN EXPORTING COMPETITORS IN ARTICLES OF
LEATHER; SADDLERY AND HARNESS; TRAVEL GOODS, HANDBAGS AND
SIMILAR CONTAINERS WERE:
• China, $29.4B
• France, $9.4B
• Italy, $9.32B
IN 2019, INDIA'S MAIN IMPORTING COMPETITORS IN ARTICLES OF
LEATHER; SADDLERY AND HARNESS; TRAVEL GOODS, HANDBAGS AND
SIMILAR CONTAINERS WERE:
• United States, $12.3B
• Japan, $5.27B
• Germany, $5.09B
Market growth
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF ARTICLES OF
LEATHER; SADDLERY AND HARNESS; TRAVEL GOODS, HANDBAGS AND
SIMILAR CONTAINERS... BY INDIA WERE (2018 - 2019):
• Germany,-$20.9M (-5.57%)
• United Kingdom,-$19.8M (-7.76%)
• Australia,-$12.6M (-13.8%)
3. Risk Analysis
Net Trade
IN 2019, INDIA HAD A POSITIVE NET TRADE IN ARTICLES OF LEATHER;
SADDLERY AND HARNESS; TRAVEL GOODS, HANDBAGS AND SIMILAR
CONTAINERS... WITH:
• United States, $600M ($604M - $4.59M)
• Germany, $351M ($354M - $3.16M)
• United Kingdom, $233M ($236M - $2.92M)
• IN 2019, INDIA HAD A NEGATIVE NET TRADE IN ARTICLES OF
LEATHER; SADDLERY AND HARNESS; TRAVEL GOODS, HANDBAGS AND
SIMILAR CONTAINERS;... WITH:
• China,-$529M ($29M - $558M)
• Bangladesh,-$27.1M ($772k - $27.9M)
• Singapore,-$7.37M ($8.79M - $16.2M)

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's
potential export opportunities. Relatedness is predictive of the probability that a country
increases its exports in a product. Complexity, is associated with higher levels of income,
economic growth potential, lower income inequality, and lower emissions.
All:

RCA<=1
RCA>1

4. Documentation:
A general idea to import Articles of leather, saddlery and harness, travel goods,
handbags, articles of gut etc. Imported goods that work in almost every country in the
world. After reading this post about the processes and procedures for tax authorization,
you will have a basic knowledge of the processes and procedures for how to import
various products from abroad. Some of the items under this category are restricted or
restricted to other countries. When importing any goods, you need to obtain accurate
information from the relevant government departments of the importing country, as the
information provided in this post provides the same opinion regarding the importation on
import of Articles of leather, saddlery and harness, travel goods, handbags, articles of gut
etc.

Different countries may have their own requirements to import Articles of leather,

saddlery and harness, travel goods, handbags, articles of gut etc. based on their foreign

trade policy although most of the procedures and procedures are the same in all

countries after global trade by General. Tax and Trade Agreement, GATT. Further trade

exemptions are expected in the future in WTO countries through the TFA Trade

Regulation Agreement which is likely to be introduced within a few years.

Special requirements to import Articles of leather, saddlery and


harness, travel goods, handbags, articles of gut etc. 
Permission from the Wild Life Protection office to import leather articles

No importation of goods should impair the health of human, animal, plant and other

species and the environment. Some of the items under the Skin and the leather article

fall under the Wildlife Protection Act. Therefore, the necessary approval from the import

wildlife protection department is required to import some of the items under the leather

and leather products.

Certificate from CITES for importing certain items under leather and leather article’s

CITES has been developed as an international treaty to protect endangered plants and

animals around the world. CITES refers to International Convention on Endangered

Species of Endangered Species. In other countries, CITES is also known as the

Washington conference. Therefore, if any material under the Skin or Skin article falls

under the CITES law, the required certificate from them is required to be imported.

Certificate from Animal Quarantine office

If any items under leather and leather products fall under the Department of Animal

quarantine department, importers of such products under leather and leather products

must obtain a certificate from Animal Quarantine Office of importing country.

RSP based rate for importing other materials under the skin and skin

Some of the items under leather and leather products fall under the RSP-based

estimates for import tax. For example, if any products are made of article parts or car

parts, CVD is calculated on the basis of RSP-based estimates to determine import duty.

RSP refers to the selling price. Retail Price RSP refers to the maximum price at which a

prepaid goods can be sold to the end buyer and includes all local taxes or otherwise,

goods, shipping costs, commission paid by retailers, and all advertising, delivery, and
packaging fees. , transfers and the like, as it may be, and the price is the only

consideration for such a sale..

Test report of analysis from Laboratory to import


For the purpose of importing some of the goods under leather and leather products, the

importer must obtain an inspection report from an accredited laboratory that is accredited

or controlled by the importing country. The required sample of imported leather and

leather products is taken according to the rules and regulations of the importing country

and submitted to such an accredited laboratory and receives an analysis report. Usually

three sets of samples to import leather and leather products are drawn and transferred to

a laboratory notified by the local department and forestry. The inspection report maintains

a minimum of two years to ensure the fulfilment of the import obligation on non-leather

and leather products. Such a certificate is accompanied by an import tax exemption to

consider the importation of leather and leather products. In the event of non-compliance

with the importation of leather and leather products, the importer must recycle the

hazardous waste within 90 days from the date of arrival of the imported country in

accordance with hazardous waste management, administration and transit laws.

General requirements to import

Government registration: In most countries, government registration is required to be an

importer who can work as a trader. The foreign trade office of each country is responsible

for issuing such an authorization as a trader. For example in India, an IEC number

(Export Code Number) is obtained from the office of the Director-General of the Foreign

Trade Office to act as an importer and exporter in India. The process of being a foreign

buyer is a one-off process, but renewal may be required in terms of that foreign trade

office. Nowadays, in most countries, the details of such a seller's registration - externally

linked to a tax haven and a fixed bank, as the import and export process is digitized.

Importers of rubber and rubber products need to contact the relevant government

agencies of their importing country to ensure that such registration is necessary or not.
Procedures to import: The seller and the supplier agree to the terms and conditions
regarding export prior to actual shipment of goods. Prices, quality specifications, payment

terms, delivery terms, shipping method and other terms and conditions are agreed upon

and discussed with the purchase and export of Rubber and rubber article are properly

processed.

As you know, under any imports, the required import documents and import authorization

procedures must be completed by either the importer or importer directly as per the

export policy of each importing country. Importing leather articles, harnesses and

harnesses, travel goods, bags, intestines etc. also, entry documents and carrier

document (Bill of Lading / Airway bill), trade invoice, packaging list, origin certificate and

other required documents. are installed and the required import procedures are

completed in order to take the delivery of imported goods under Rubber and rubber

articles. Nowadays, the required information is posted online and produces the required

documents during the inspection, testing or delivery of imported goods into the

destination culture. International partners share quality and are exempt from multiple

tests in the same products both export and import. However, according to the policy of

most developed countries the importation of goods from undeveloped countries (LDCs)

needs to be approved by accredited agencies before exporting. Therefore, in the event of

any importation of leather parts, harnesses and harnesses, travel goods, bags, intestinal

items etc. occur, details of such information can be obtained from the required

government agencies of the importing country.

Certificate of Origin to import Articles of leather, saddlery and harness, travel

goods, handbags, articles of gut etc.: The source of origin of imported Articles of

leather, saddlery and harness, travel goods, handbags, articles of gut etc. is required in

almost every country. Therefore, a birth certificate issued by the authorized authorities of

the exporting country is required to import leather articles, harnesses and harnesses,

travel goods, bags, intestinal items etc. jobs and taxes. A separate, multilateral and

bilateral bilateral agreement also allows for the import and export of import duties where

the Certificate of Exit is the main evidence for the country of origin of imports Articles of
leather, saddlery and harness, travel goods, handbags, articles of gut etc.Specific

requirements for each importing country need to be followed by importers and exporters

of Articles of leather, saddlery and harness, travel goods, handbags, articles of gut etc.

5. Modus operandi (Export /Licensing/JV/Franchise etc)


Export
In 2019, India exported $2.78B in Articles of leather; saddlery and harness; travel
goods, handbags and similar containers; making it the 5th largest exporter of Articles
of leather; saddlery and harness; travel goods, handbags and similar containers;... In
the world. At the same year, Articles of leather; saddlery and harness; travel goods,
handbags and similar containers; was the 27th most exported product in India. The
main destination of Articles of leather; saddlery and harness; travel goods, handbags
and similar containers;... Exports from India are: United States ($604M), Germany
($354M), United Kingdom ($236M), France ($213M), and Spain ($194M).
The fastest growing export markets for Articles of leather; saddlery and harness;
travel goods, handbags and similar containers; of India between 2018 and 2019 were
United States ($70.2M), France ($35.2M), and Saudi Arabia ($11.8M).

IMPORTS: In 2019, India imported $688M in Articles of leather; saddlery and


harness; travel goods, handbags and similar containers , becoming the 25th largest
importer of Articles of leather; saddlery and harness; travel goods, handbags and
similar containers;... In the world. At the same year, Articles of leather; saddlery and
harness; travel goods, handbags and similar containers... Was the 49th most imported
product in India. India imports Articles of leather; saddlery and harness; travel goods,
handbags and similar containers;... Primarily from: China ($558M), Bangladesh
($27.9M), Hong Kong ($17.1M), France ($17M), and Singapore ($16.2M).
The fastest growing import markets in Articles of leather; saddlery and harness; travel
goods, handbags and similar containers;... For India between 2018 and 2019 were
Bangladesh ($10.7M), Thailand ($5.74M), and Hong Kong ($5.29M).
TARIFFS: In 2019, the average tariff for India in Articles of leather; saddlery and
harness; travel goods,... Was 11.2%. The countries with the highest import tariffs for
Articles of leather; saddlery and harness; travel goods,... Were Argentina (Most
Favoured Nation duty rate treatment, 13.6%), Brazil (Most Favoured Nation duty rate
treatment, 13.6%), Paraguay (Most Favoured Nation duty rate treatment, 13.6%),
Uruguay (Most Favoured Nation duty rate treatment, 13.6%), and Angola (Most
Favoured Nation duty rate treatment, 13.5%).
The countries with the highest import tariffs for Articles of leather; saddlery and
harness; travel goods, handbags and similar containers; articles of animal gut (other
than silk-worm gut) are Iran (47.3%), Syria (53%), Ethiopia (34.7%), and
Egypt(34.4%). The countries with the lowest tariffs are Hong Kong (0%), Singapore
(0%), Switzerland (0%), Norway (0%), and Turkey (2.38%).
RANKING Articles of leather; saddlery and harness; travel goods, handbags and
similar containers; articles of animal gut (other than silk-worm gut) ranks 42nd in the
Product Complexity Index (PCI).
6. Advantage

The Harmonized System codes (Harmonized Tariff System- HTS)   for ARTICLES OF

LEATHER, SADDLERY and HARNESS, TRAVEL GOODS, HANDBAGS, ARTICLES OF

GUT are mentioned which help you in exporting and importing of ARTICLES OF

LEATHER, SADDLERY and HARNESS, TRAVEL GOODS, HANDBAGS, ARTICLES OF

GUT.  These codes help exporters and importer all over world to know product

classification code named differently in each country like Schedule B, ITC, HS, HTS, and

Tariff Code etc.

For example if you need to export or import  ARTICLES OF LEATHER, SADDLERY and

HARNESS, TRAVEL GOODS, HANDBAGS, ARTICLES OF GUT from/to  any country,

the  customs department  and other government and non-government agencies  of

respective country identify your product on the basis of harmonized system code. If you
are importing or exporting ARTICLES OF LEATHER, SADDLERY and HARNESS,

TRAVEL GOODS, HANDBAGS, ARTICLES OF GUT, the 6 digit harmonized system

code mentioned in this article is accepted all over world.  In other words, the export and

import of ARTICLES OF LEATHER, SADDLERY and HARNESS, TRAVEL GOODS,

HANDBAGS, ARTICLES OF GUT are categorized product wise under the information

mentioned here.  These harmonized system codes (HS codes) have been displayed in

this web blog in a systematic order to make you understand and identify easily.

 Saddlery and Harness for Any Animal (Traces, Leads, Knee Pads, Muzzles)

 Travel Goods, Similar Containers of Leather, composition Leather, Patent

Leather

 Travel Goods, Similar Containers of Plastics or of Textile Materials

 Trunk, Suit-case, Vanity-cases, Similar Containers of Other Materials

 Handbags of Leather, of Composition Leather, of Patent Leather

 Handbags of Plastic Sheeting or of Textile Materials

 Handbags of Other Materials

 Articles Carried in Pocket or Handbag of Leather, Composition Leather, Patent

Leather

 Articles Carried in Pocket or Handbag of Plastics, Textile Materials

 Articles Carried in Pocket or in Handbag of Other Materials

 Spectacle Case, Tool Bag, Similar Case of Leather, Composition Leather, Patent

Leather

 Musical Instrument Case, Similar Case of Plastics, Textile Materials

 Musical Instrument Case, Tool Bag, Similar Case of Other Materials

 Articles of Apparel, of Leather or of Composition Leather

 Gloves of Leather or of Composition Leather (For Use in Sports)

 Other Gloves, Mittens, Mitts of Leather or of Composition Leather

 Belts and Bandoliers of Leather or of Composition Leather

 Other Clothing Accessories of Leather or of Composition


 

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