about import business

about import business For our common understanding, about  import business  when the goods cross the territorial waters of India and continue to remain imported goods till they cross the customs barriers Import has not been defined under the Foreign Trade Policy. However, under Section 2(e) of the FT(D&R) Act, 1992,import …

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Import of the top five commodities

Import of the top five commodities Import of the top five commodities during the period April-October 2016-17 registered a share of 38.76% mainly due to significant import of Petroleum Crude, Pearls, precious, and semi precious stones, Gold, Petroleum Products, and Telecoms Instruments. Cumulative value of imports during April-October, 2016-17,was US$ …

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Full Form of Abbreviation mostly used in international Trade.

AA Advance Authorisation EGM Export General Manifest ACU Asian clearing Union EIC Export Inspection Council AEZ Agri Export Zone EO Export Obligation ANF Aayat Niryat Form EODC Export Obligation Discharge Certificate ACP Accredited clients programme EOU Export Oriented Unit AEO Authorised Economic Operator EOP Export Obligation period AES Approved Exporters …

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How to apply IEC number

How to apply IEC Code. An Importer Exporter Code number is 10 digit number allotted by DGFT (Director general foreign Trade),that is mandatory for undertaking any export/import activities.Only One IEC against a single PAN Number. Before applying for IEC number it is necessary to (a)Permanent Account number(PAN) from the income …

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Export License requirements in India

Importer Exporter Number (IEC Number) Export License requirements in India after the  complete firm name,Location ,trade /name and logo,open bank account,ect, after go to registration of Importer exporter Code Number(IEC Code).An importer-exporter code number is a 10 digit number allotted to a person that is mandatory for undertaking any export-import …

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How to start import export business

How to start import export business  How to start import export business in India,lots of activity involve to starting import export business,Take step by step procedure and must have a knowledge documentation and for international trade rules and regulation not only our country but also importing country.export marketing activity starts …

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About exports business

About exports business We Understand About exports business only sell goods and services outside country by sea,air,land and earn foreign exchange that is export but actually that is not enough, In international Business Different type of export that is:     1.physical exports 2.Deemed exports 3.re-exports 4.Third Party exports 5.Replacement …

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India’s Trade Performance

India’s Trade Performance      India’s two way merchandise trade crossed USD 760 billion in 2013-14 or 44 % of the GDP.if services also added so India’s trade reached USD 1 trillion.This has been achieved despite the global contraction and is indicative of India’s resilience and increasing integration with the …

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India Integration with Global Economy

India’s Integration with Global Economy Our country’s economic and financial policies have undergone dramatic transformation in the last few years and many structural changes have been brought into the traditional system,so that the country can integrate itself into the new and reemerging world economic order.Globalization and Liberalization have become the …

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Introduction to International/Foreign Trade.

Introduction to International/Foreign Trade. “As per section 2(e) of foreign trade(International Trade) (development & regulation) act,1992,the term ‘export’ is defined to Man’s taking out of India any goods by land,sea,or air.as such,goods must leave India or cross the customs frontiers of India to a foreign destination,for being reckoned as export.” …

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