Everyone wants import and export business lucrative these days. However, When it comes to commencing a business, there are numerous factors to consider, one of which is the IEC Registration and License. Therefore, in this article we will read about IEC Code Registration and Mandatory documents required for IEC Code Registration. Who issues IEC Code? … Read more
Good news for Indian exporters as India records the highest-ever exports in June Quarter. This had been a significant victory for businesses having MSME Registration, APEDA Registration, and FIEO Registration. The reason is the government took many decisions and executed many plans to boost the export business. In this article, we will know about India … Read more
DGFT extends the deadline for updating of IEC on an Annual Basis as many registrants were missing the deadline. As we know, the second wave of the Coronavirus pandemic hit India very hard. Most of India was under lockdown. Therefore, businesses face many difficulties to update IEC. In this article, we will discuss DGFT extends … Read more
India has registered an export of $30.63 billion in April 2021 as compared to $10.63 billion in the same month of last year reflecting a growth rate of 195.72%. In terms of value in Rs, the total exports were Rs 2, 28,071.76 Crore in April 2021 as compared to Rs 78,951.41 Crore in April 2020. In … Read more
India’s foreign trade sector plays a vital role in the growth of its economy. It ensures the highest quality of goods and services, increases competitiveness, generates employment, improves living standards, and earns valuable foreign exchange for the country.. In this article, we will discuss Exports Surge by Over 58% in March, Imports Rise 53%. Know … Read more
As we know India’s farm subsidy policies appeared under the scanner at the World Trade Organization (WTO) during the country’s trade policy review (TPR), with fellows such as Canada, the US and Australia complaining that India has not proclaimed its agriculture export subsidies for more than eight years. In this article, we will discuss on … Read more
Taking a major step to boost exports, CBIC issued the notification to extend the benefit of the scheme for Remission of Duties and Taxes on Exported Products. In this article, we will discuss on RoDTEP Scheme gets implemented from Jan 1. RoDTEP Scheme gets implemented from Jan 1 CBIC has announced the new scheme i.e … Read more
DGFT has issued a notification relating to the export policy of onion with immediate effect. Let’s summaries the Notifications issued:- Notification for Export Policy of Onion The ministry of commerce industry has issued the notification No. 31/2015-20 dated 14.09.2020 relating to the export policy of onion with immediate effect. Also allowed shipments of Bangalore rose … Read more
Importing and Exporting are means of Foreign Trade. Foreign trade is carried out in goods and services – which covers imports, exports, and the balance of foreign trade – is presented separately for Export goods and services. In this article, we will discuss the Processing an Export Order in detail – About Import Export Code … Read more
India is amongst the world’s top nation’s leading the export of merchandise. With the progressed liberalization of trade by the Indian Government, there’s an abundant opportunity for establishing a profitable export business. Also, Exports promote international trade and stimulate domestic economic activity by creating employment, production, and revenues. In this article, we will discuss the … Read more