Articles under Export Terms

EHTP Means

  What is EHTP   Electronic Hardware Technology Park (EHTP): This post explains about Electronic Hardware Technology Park (EHTP) Scheme Units undertaking to export their entire production of goods and services (except permissible sales in the DTA), may be set up under the Export Oriented Unit (EOU) Scheme, Electronic Hardware Technology Park (EHTP) Scheme, Software Technology Park (STP) Scheme or Bio-Technology Park (BTP) scheme for manufacture of goods, includin

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Procedure for Filing Marine Insurance Claim

Procedure for Filing Marine Insurance Claim   (Following procedure should be followed in the event of occurrence of marine loss: (a) Intimation of Loss: In the event of claim arising, the marine insurance company or its nearest office or its overseas agent as mentioned in the policy should be intimated about the loss without delay. The claim on carriers, customs and bailees should be filed within the prescribed time limit under registered post with an acknowledgement due. &nbs

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Procedure for Pre shipment under Exports

Procedure for Pre-shipment under Exports Those exporters, who are approved under Self-Certification and IPQO, have to submit their applications in a prescribed 'Intimation for inspection' form to the Export Inspection Agency. The Export Inspection Agency issues the Inspection Certificate on the basis of their performance reports as submitted by the EIA officials during the checks at all levels of production carried out by them. checks may also be carried out whenever required. Howeve

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FOB Contract of Exports

FOB Contract of Exports Free on Board(FOB) is the most frequently used price quotation in the international market. Under this quotation, the exporter undertakes to pay all expenditure till loading of goods on board the ship, including documentation charges. All expenditure thereafter, such as ocean freight, marine insurance, unloading charges, etc., are borne by the importer.   Seller’s Obligations: (a) To provide goods and commercial invoice, or its equivalent

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Significance of Bill of Lading for Shipping Company

Significance of Bill of Lading for Shipping Company (a) Bill of lading is useful to the shipping company for collection of transport charges from the importer, if not collected from the exporter.   (details updating soon…)         How to obtain waiver on detention/ demurrage on imported goods/container from Shipping company/CFS How to open an LC? Procedures to open a Letter of Credit How to overcome credit risk in

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