The Reserve Bank of India (RBI) has good news for Indian exporters. Indian exporters are now able to open foreign currency (FCY) accounts in International Financial Services Centers (IFSCs) like GIFT City. Hence, exporters have more flexibility and can manage their foreign currencies in a simpler way. What was the old FEMA Rule? Previously, exporters … Read more
Chia seeds are nutritional powerhouse and have omega-3 fatty acids, fiber, protein and antioxidants. Hence, it has global demand. India is amongst the most dominant players in the world to export chia seeds. Indian entrepreneurs have a golden opportunity to tap into this lucrative market. Understanding the demand for Chia Seeds across the globe Chia … Read more
The Government has recently come up with a decision to support RoDTEP Scheme as a reprieve to all the exporters in India. DGFT has issued notification to indicate that RoDTEP Benefits for DTA, AA, SEZ & EOU Exports will now last until 31 March 2026. This is a particularly crucial move in the light of … Read more
India exported US $ 651.17 million worth of Ayurvedic and herbal products in FY24, with major demand from the USA, Europe, and the Middle East. For companies planning to tap into this booming global market for selling Ayurvedic medicine outside India, the key question is not whether Ayurveda is in demand. The question is- “Is … Read more
India waived duty on cotton till 31 December 2025 as relief to the textile sector. The move has been scheduled at the time of distress to the sector from global trade as the United States, in turn, had imposed high tariffs. By ensuring duty-free entry to the import of cotton, the government is attempting to … Read more
Exporters in international trade may be levied hidden duty and tax, which increase their total cost. To make Indian exports competitive at the international level, the Government of India launched the RoDTEP Scheme (Remission of Duties and Taxes on Exported Products). This program is a refund scheme for exporters with the objective of compensating the … Read more
Exporting goods from India involves many formalities. One of the most important papers your business needs is the certificate of origin of export. It shows that your goods are made or processed in India. This is super important for getting through customs, using trade benefits from Free Trade Agreements, and gaining the trust of buyers … Read more
If you are an exporter in India, you must understand all about e-BRC. It is your official proof that you have received payment from your foreign buyer. Without having e-BRC, you can’t claim important export benefits like GST refunds and duty drawbacks. In this article, you will understand everything about e-BRC, including how AD Code … Read more
The country of India is not only an ancient land of the culture and old trade ways, but also a current exporter. In Kochi its busy spice stores, in Bengaluru its technology camps, India exports an enormous bulk of products that power economies world over. Be it fresh products, engineered goods, or complicated pharmaceuticals, India … Read more
In a big policy push for India’s export sector, the government has reannounced the Duty Remission Scheme for Export Incentives, otherwise known as Remission of Duties and Taxes on Exported Products (RoDTEP). The scheme, which has been restored w.e.f. June 1, 2025, will pay back central, state, and local duties or taxes that cannot be … Read more