Functional Procedure of Custom Clearance FUNCTIONAL PROCEDURE OF CUSTOMCLEARANCE A PROJECT REPORT SUBMITTED BYSULABH MAHETA (08084)AMIN PATTANI (08100)BATCH

2008-2010TODIRECTOR (PGDM)In partial fulfillment of the requirements of Tolani Institute of Management Studies, AdipurFor the award of the degree of Post Graduate Diploma in ManagementTOLANI INSTITUTE OF MANAGEMENT STUDIESADIPUR 370205JULY - 2009 TOLANI INSTITUTE OF MANAGEMENT STUDIES1

Functional Procedure of Custom Clearance ACKNOWLEDGEMENT We are very thankful to Tolani Institute of Management Studies who g i v e u s s u c h opportunity to work out for project on foreign trade. We also express our gratitude toMr. Apurva Maheta for his precious help during the entire course.We are very thankful to all employees of Shakti Forwarders Pvt. Ltd., Gandhidhamf o r s u p p o r t i n g a n d p r o v i d i n g u s t h e n e c e s s a r y k n o w l e d g e t h a t w o u l d h e l p i n o u r future quests. During our training period, we have not only learnt the standard CustomClearance procedure but also learned about other aspects of for running the shippingdepartments smoothly.T h e v a r i o u s d e p a r t m e n t o f t h e o r g a n i z a t i o n w o r k i n c l o s e c o - o r d i n a t i o n w i t h e a c h other in order to achieve a common end.W e w o u l d a l s o l i k e t o t h a n k s M r . S u r e s h M a h e t a , M r . R a j e s h N a i ye r , M r . P a r e s h chaturvedi, Mr.Dharmesh, Mr. Manoj for their guidance which help us to completeour project. Once again we heartly thankful to Shakti Forwarders Pvt. Ltd who help usin making a project of procedure of custom clearance for import and export and givesus an opportunity to learn under kind guidance and learning environment. TOLANI INSTITUTE OF MANAGEMENT STUDIES2

Functional Procedure of Custom Clearance

PREFACE We know that training is for the development and enhancement of the kno wledge in particular fields. It can never be possible to make a mark in todays competitive erao n l y w i t h t h e o r e t i c a l k n o w l e d g e w h e n i n d u s t r i e s a r e d e v e l o p i n g a t g l o b a l l e v e l , practical knowledge of administration and management of business is very important.Hence, practical study is of great importance to PGDM student.W i t h a v i e w t o e x p a n d t h e b o u n d a r i e s o f t h i n k i n g , w e h a v e undergone 2 rd SEMTRAINING at Shakti Forwarders Pvt. Ltd. we have made a deliberate to collect therequired information and fulfill training objective. TOLANI INSTITUTE OF MANAGEMENT STUDIES3