1.

Your firm is planning to import textile machinery from Canada. Describe the producre involved in importing.

Answer» Followign are the procedures for importing textile machinery from Canada :
(i) IEC Number, RCMC Number and Import License (ii) Trade Enquiry
(iii) Foreign Exchange
(iv) Placing the Order
(v) Sending Letter of Credit
(vi) Receiving Shippeing Documents
(vii) Payment of Custom Duties and Taking Delivery of Goods ( Explain )


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