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Summer internship program

inMurli industries Ltd,

Nagpur.

Done by:Ankit S. Mundra

Ankit R. Udapure

DMTR,NMD college,

Gondia.

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Company profile:

Date of establishment- DEC 2,1991

Registered office- 101,Jai Bhavani

Society, Central Avenue,

Wardhman Nagar,

Nagpur-440008

Corporate office- Radha House239,

East Wardhman Nagar,

Nagpur-440008

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Management team-Shri Shobhagmal Maloo-Non Executive Chairman

Shri Nandlal Maloo -Managing Director

Shri Bajranglal Maloo -DirectorShri 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

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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 inadopting environment friendly.

Mission Statement: To take the center stage in corporateworld with a global presence.

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Murli Industries Ltd,

Paper.

Cement manufacture.

Agro product.

Power.

Coal. Welding rod.

Upcoming project is Murli Tyres

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Imports of Murli Industries Ltd.

Import

Paper

News Print DuplexWriting-

PrintingSBS

Machineries

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Import Procedures & Documentation:

Import Procedures:

If

Accepted

A

YES

NO

END

Start

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A

OriginalAnd

NN set comes

Tracking of

Container

Container comes to

Mumbai and IGM is

filed in MUMBAI port

Copy ofIGM is filed

in ICD NAGPUR

B

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B

Noting IGM verification

& customfile is send

Withdrawal of original

documents from BANK

Shipping line payments

original bill of lading

Shipping line issues EO &DO to importer

C

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C

Examination of container,

seal cutting etc

Assessment/Audit offile

Custom Duty is paid inthe bank

Copy of duty paid is

submitted to custom office

Sign of assistant/deputy

commissioner is done

D

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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 Destuff

ing

END

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Documentations forImport:

Commercial invoice.

Packing list.

Shipm

ent docum

ent. Certificate oforigin.

Certificate ofpacking.

Form 9. Insurance cetificate.

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Export Procedures &

Docum

entations:

Procedures:

Presentation ofshipping bill.

Noting.

Processing.

Assessm

ent. G.R.I. Formalities.

Arrival ofexport goods at ICD.

Examination-1

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Examination-2

Procedure at gateway port.

Signature ofpreventive officer.

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Documents for Exports:

L/C no. ofImporters bank.

Original documentary credit

along with amendment copies.

Draft at sight.

Commercial Invoice.

Bill ofLading.

C

ertificate o

forigin.

Packing list.

Shipping document.

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Finance:

Working Capital Information:

Raw Material-1month

Salary-1 month(generally)

Shipment bill 7 days.

Credit period 15 days thencharges interest.

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In recent days co. sufferfrom

very critical situation because

of recession. cos share price

falls 507rs(max) to 89rs(min). Although co. makes more

exports(50% more then p/y) in

current year and balanced itsposition.

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Conclusion:

From our SIP we conclude that we learned

practically the Export-Import procedures and

documentation and working capitalmanagement.

AND the practical is some what different from

theory.

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Special thanks to:

Mr. Murli Maloo. Ex-director.

Mr. R.K.Sharma HR head.

Mr. Rajesh Jain Purchasing Manager. Mr. Rahul Monde Manager ofEX-IM

dept.

Mr. Praveen.

Mr. Harish Thapa.

Mr. Ashish Kale.

Mr. George Joseph.

Mr. Navneet somani. Finance & Account

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