Paying Zero Custom Duties! Learn How?
So one of the ways to offer products at competitive rates while keeping profits margins intact is lowering the cost of imported products. So how can it be done? – Answer is exploring Free Trade / Preferential Trade Agreements (FTA/PTAs) for import of products from outside India. To avail optimum advantage of the same, let’s […]
Which export incentive scheme is better? MEIS vs RoDTEP
Which export incentive scheme is better? Existing vs New(MEIS vs RoDTEP)
Caution! When you accept Export Order for COVID-19 Items.
As per Indian Council of Medical Research (ICMR) Guidelines, medical supplies (Mask, Personal Protective Equipment, etc) are important for Medical staff (doctors, nurses etc.) as well as public at large to face this Pandemic COVID-19. Hence, India has implemented stricter export policy ensure to maintain minimum quantity in order to avoid shortage of such supplies […]
Top secrets about Export Pricing!
Lets embrace this new normal and equip ourselves with knowledge to emerge stronger and better. We hereby share some top secrets on EXPORT PRICING which can be helpful in winning the deal – # Identifying correct HSN codes for your products Applying incorrect HSN codes would lead to availing wrong set of benefits and even […]
TMA scheme – An initiative to boost agriculture / food exports
“Transport and Marketing Assistance” (TMA) scheme for specified agriculture products aims to provide assistance for the international component of freight and marketing of agricultural produce. #Eligible persons All Exporters, duly registered with relevant Export Promotion Councils as per Foreign Trade Policy, of eligible agriculture products. #Eligible products/countries TMA assistance will be provided on export of […]
New Export incentive scheme – Need of an hour!
In wake of complaints filed by USA against India to discontinue export incentive scheme (like MEIS), which is not in compliance with WTO guidelines, Commerce ministry has proposed new scheme- Rebate of State & Central Taxes and Levies Scheme (RoSCTL). Currently this scheme is available for Textile industry, however, it would be soon extended to […]