Articles under For Beginners

How to upload documents in e Sanchit

Step by step procedure documents upload in e Sanchit   Only ICEGATE registered users can use e-Sanchit applications by accessing the e-Sanchit link. Following are the steps by step procedure in e Sanchit supporting documents upload.    1: Scan all the documents separately like Invoice, Packing List, BL, AWB & convert to digital format, Scan file format should be PDF. 2: Click on Digital Signature & signed all scan documents  3: Now login to 

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Difference between Invoice value and Assessed value

Assessed Value Vs Invoice value   Now let us discuss about the difference between Assessable value and Invoice value.   What is assessed value? How does it work in an Import export business?   Assessed value Assessed value is not actual value of any asset or product; it is the value which is used for calculation of tax. Assessed value is used to calculate the custom duty and excise duty instead of invoice value.     Usually assessed va

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Quantitative restrictions

Explain Quantitative restrictions   Restrictions which limit the quantity of merchandise permitted to enter or leave a country. They are imposed by means of quotas or licensing systems and can be applied to both imports and exports. These restrictions may be applied in a “selective” basis, with the varying limits set according to the country of origin, or quantitative global basis that only specifies the total limit and thus tends to benefit more efficient suppliers

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The Federation of Indian Export Organisations FIEO

What is FIEO?    The Federation of Indian Export Organisations popularly known as "FIEO", is the apex body of Indian export promotion organisations. The FIEO was set up in the year 1965 mutually by the Ministry of Commerce, Government of India and private trade and industry. The Federation of Indian Export Organisations is responsible for representing and assisting Indian entrepreneurs and exporters in the global market. FIEO is thus a partner of the Government of I

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Hub and Spoke network

What is a Hub and Spoke network?   A hub and spoke network can simply demonstrate like a complex bicycle wheel, with the hub as the strategic center of the network, and the spokes radiating out to connect it with outlying points. This system is adopted by various industries like telecommunications and information technology but widely used by Logistics industry. Under this model, carriers gathers cargo from its point of origin i.e, the tips of the spokes and move it back t

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