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    Done By: Ankit S. Mundra Ankit R. Udapure DMTR, NMD College, Gondia

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    ankitmundra
    Murli Industries Ltd is a company established in 1991 that operates in various industries including paper, cement, agro products, power, coal and welding rods. The internship provided experience in import-export procedures, documentation and working capital management. Key learnings included the import process for raw materials, export documentation requirements, and factors that impact working capital like raw material costs, salaries, shipment bills and credit terms. The internship concluded that practical experience differed somewhat from theoretical knowledge.

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    Done By: Ankit S. Mundra Ankit R. Udapure DMTR, NMD College, Gondia

    Uploaded by

    ankitmundra
    38 views22 pages
    Murli Industries Ltd is a company established in 1991 that operates in various industries including paper, cement, agro products, power, coal and welding rods. The internship provided experience in import-export procedures, documentation and working capital management. Key learnings included the import process for raw materials, export documentation requirements, and factors that impact working capital like raw material costs, salaries, shipment bills and credit terms. The internship concluded that practical experience differed somewhat from theoretical knowledge.

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    SIP ppt (1)

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    Murli Industries Ltd is a company established in 1991 that operates in various industries including paper, cement, agro products, power, coal and welding rods. The internship provided experience in import-export procedures, documentation and working capital management. Key learnings included the import process for raw materials, export documentation requirements, and factors that impact working capital like raw material costs, salaries, shipment bills and credit terms. The internship concluded that practical experience differed somewhat from theoretical knowledge.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    38 views22 pages

    Done By: Ankit S. Mundra Ankit R. Udapure DMTR, NMD College, Gondia

    Uploaded by

    ankitmundra
    Murli Industries Ltd is a company established in 1991 that operates in various industries including paper, cement, agro products, power, coal and welding rods. The internship provided experience in import-export procedures, documentation and working capital management. Key learnings included the import process for raw materials, export documentation requirements, and factors that impact working capital like raw material costs, salaries, shipment bills and credit terms. The internship concluded that practical experience differed somewhat from theoretical knowledge.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 22

    Summer internship program

    in
    Murli industries Ltd,
    Nagpur.

    Done by:
    Ankit S. Mundra
    Ankit R. Udapure
    DMTR,NMD college,
    Gondia.
    Company profile:

    • Date of establishment- DEC 2,1991

    • Registered office- 101,Jai Bhavani


    Society, Central Avenue,
    Wardhman Nagar,
    Nagpur-440008
    • Corporate office- ”Radha House”239,
    East Wardhman Nagar,
    Nagpur-440008
    • Management team-
    Shri Shobhagmal Maloo-Non Executive Chairman
    Shri Nandlal Maloo -Managing Director
    Shri Bajranglal Maloo -Director
    Shri Sunilkumar Maloo -Director
    Shri Yashpal Dhiman -Director
    Shri B. P. Ganu -Independent Director
    Shri R.P. Gupta -Independent Director
    Shri Adv. M. Mani -Independent Director
    Mission & vision statement
    • Vision Statement: Our vision is to be a world-class
    organization that is a benchmark for other organizations in the
    country, setting standards for excellence and leading the thrust in
    adopting environment friendly.

    • Mission Statement: To take the center stage in corporate


    world with a global presence.
    Murli Industries Ltd,
    • Paper.
    • Cement manufacture.
    • Agro product.
    • Power.
    • Coal.
    • Welding rod.
    Upcoming project is Murli Tyres
    Our Topics:

    • Imports procedures and documentations.

    • Exports procedures and documentations.

    • Finance (Working capital management).


    Objectives:

    • To learn practically the Export-Import


    procedures & documentations.

    • Working capital management.


    Imports of Murli Industries Ltd.

    Import

    Paper

    News Print Duplex


    Machineries
    Writing-Printing SBS
    Import Procedures & Documentation:
    • Import Procedures:
    Start

    Offer or
    Indent

    NO
    If
    Accepted END

    YES

    A
    A

    Original
    And
    NN set comes

    Tracking of
    Container

    Container comes to
    Mumbai and IGM is
    filed in MUMBAI port

    Copy of IGM is filed


    in ICD NAGPUR

    B
    B

    Noting IGM verification


    & custom file is send

    Withdrawal of original
    documents from BANK

    Shipping line payments


    original bill of lading

    Shipping line issues EO &


    DO to importer

    C
    C

    Examination of container,
    seal cutting etc…

    Assessment/Audit of file

    Custom Duty is paid in


    the bank

    Copy of duty paid is


    submitted to custom office

    Sign of assistant/deputy
    commissioner is done

    D
    D

    OUT-OF-CHARGE is made

    Copy of out of charge & 1st


    original bill of entry & DO
    is submitted to CONCER

    CONCER gives BILL &


    JOB-ORDER

    Factory Destuffing

    END
    Documentations for Import:

    • Commercial invoice.
    • Packing list.
    • Shipment document.
    • Certificate of origin.
    • Certificate of packing.
    • Form 9.
    • Insurance cetificate.
    Export Procedures &
    Documentations:
    Procedures:
    • Presentation of shipping bill.
    • Noting.
    • Processing.
    • Assessment.
    • G.R.I. Formalities.
    • Arrival of export goods at ICD.
    • Examination-1
    • Examination-2
    • Procedure at gateway port.
    • Signature of preventive officer.
    Documents for Exports:
    • L/C no. of Importer’s bank.
    • Original documentary credit
    along with amendment copies.
    • Draft at sight.
    • Commercial Invoice.
    • Bill of Lading.
    • Certificate of origin.
    • Packing list.
    • Shipping document.
    Finance:

    Working Capital Information:


     Raw Material-1month
     Salary-1 month(generally)
     Shipment bill 7 days.
     Credit period 15 days then
    charges interest.
    • In recent days co. suffer from
    very critical situation because
    of recession. co’s share price
    falls 507rs(max) to 89rs(min).
    • Although co. makes more
    exports(50% more then p/y) in
    current year and balanced its
    position.
    Conclusion:

    From our SIP we conclude that we learned


    practically the Export-Import procedures and
    documentation and working capital
    management.
    AND the practical is some what different from
    theory.
    Special thanks to:
    • Mr. Murli Maloo. – Ex-director.
    • Mr. R.K.Sharma – HR head.
    • Mr. Rajesh Jain – Purchasing Manager.
    • Mr. Rahul Monde – Manager of EX-IM
    dept.
    • Mr. Praveen.
    • Mr. Harish Thapa.
    • Mr. Ashish Kale.
    • Mr. George Joseph.
    • Mr. Navneet somani. –Finance & Account

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