Who gets benefits from this website?

   The information provided here is part of Export Import Online Tutorial   Who is benefited by this web blog, www.howtoexportimport.com 1. Any one who is interested to start an export import business.   2. Any one who is interested to learn international trade of export and import.   3. Employees or management who have been working with import export companies.   4. Employees or management who have been workin

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Why prefer exports?

 The information provided here is part of Import Export Training online     1. A country’s international  financial strengthness  determines on the basis of favorable balance of trade. It happens when export is more than import. Foreign exchange earnings will be more in a favorable balance of trade. So the wealth of a nation increases while earning foreign exchange. 2. Government supports: While supporting to increase foreign exchange inflow to

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How to overcome Negative thoughts in export business

  The information provided here is part of Online Export Import course  Complicated?: Some of you may think that export business is too complicated with many formalities. Although there are some extra formalities than the regular domestic business,  export business is too easy to handle with the said formalities, once you entered in to the trade. Compared to the benefits which you are going to enjoy, we can not call these formalities as a compli

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How to Choose a product for export business

  The information provided here is part of Online export import training guide   Learn Exports Imports Free, Click here   How to select a product for a new Export Business? In this article I would like to enlighten some information about choosing a product for export.      Choosing a product plays very important role before starting any business especially for export business. I will give some tips to choose your export pro

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How to send export samples to foreign buyer? Tips to send samples to foreign buyer

  The information provided here is part of Online export import business guide course // How to send export samples to foreign buyer?   Some of you may need a support on procedures to send export samples to your buyer at foreign country. Sending export samples is a simple procedure under export and import.   Can I get cost of export sample from foreign buyer, if value of product is high? Can we get reimbursed on the cost of cou

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What is Ex-factory terms in Imports and Exports

 The information provided here is part of Export Import Online Tutorial In this article, I will explain about Ex Factory Price used in any business, especially in Export and Import business.  What is Ex Works cost? Is Ex-works and Ex-factory same under delivery terms in an international trade? How does Ex Works terms of delivery work?   Ex works price and Ex-factory price are on of the same term. Ex factory or Ex works term is one of the delivery terms u

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Is Letter of Credit LC safe for an Importer?

    As we know, Letter of Credit is operated based on the guidelines governed by the rules and regulations of UCPDC 600 (Uniform Customs and Practice for Documentary credit 600 which came in to effect as on July 1, 2007. In a letter of credit, the buyer’s bank guarantees payment of proceeds to the seller through his bank against presentation of documents as per the terms and conditions of Letter of Credit. We have discussed about the safety of letter of credit for

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How to settle dispute in International Business of Import and Export

  The information provided here is part of Online export import training guide  DISPUTE SETTLEMENT IN EXPORTS AND IMPORTS BUSINESS Litigations and Arbitration in Export and Import Business. I hope this article helps all traders in a business especially those who are in to Import Export business - how to handle disputes in import and export trade? I sell goods to you, you buy them, you pay bill, you use my goods. Simple. Both are happy. Right? Bu

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Minimized GST rate on Vacuum flasks, vacuum vessels

GST rate on Vacuum flasks, vacuum vessels   The GST tariff rate on goods under HSN 9617 has been Revised as per GST council meet held on 10th November, 2017.  The details of minimized GST rate on Vacuum flasks, vacuum vessels is as follows:   Latest GST rate on Vacuum flasks, vacuum vessels   HSN number: 9617          Vacuum flasks and other vacuum vessels, complete with cases; parts thereof other than g

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Diminished GST rate on Date sealing stamps, composing sticks

GST rate on Date sealing stamps, composing sticks   The GST tariff rate on goods under HSN 9611 has been Revised as per GST council meet held on 10th November, 2017.  The details of diminished GST rate on Date sealing stamps, composing sticks is as follows:   Latest GST rate on Date sealing stamps, composing sticks   HSN number: 9611          Date, sealing or numbering stamps, and the like (including dev

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Revised GST rate on Worked vegetable, mineral carving material

GST on Worked vegetable, mineral carving material   The GST tariff rate on goods under HSN 9602 has been Revised as per GST council meet held on 10th November, 2017.  The details of revised GST rate on Worked vegetable, mineral carving material is as follows:   Latest GST rate on Worked vegetable, mineral carving material   HSN number: 9602          Worked vegetable or mineral carving material and articl

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Minimized GST rate on swings, shooting galleries, fairground amusements

GST on swings, shooting galleries, fairground amusements   The GST tariff rate on goods under HSN 9508 has been Revised as per GST council meet held on 10th November, 2017.  The details of minimized GST rate on swings, shooting galleries, fairground amusements is as follows:   Latest GST rate on swings, shooting galleries, fairground amusements   HSN number: 9508          Roundabouts, swings, shooting ga

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Diminished GST rate on Cigarette lighters and other lighters

GST rate on Cigarette lighters and other lighters   The GST tariff rate on goods under HSN 9613 has been Revised as per GST council meet held on 10th November, 2017.  The details of diminished GST rate on Cigarette lighters and other lighters is as follows:   Latest GST rate on Cigarette lighters and other lighters   HSN number: 9613          Cigarette lighters and other lighters, whether or not mechanic

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Decreased GST rate on Articles and equipment for physical exercise, gymnastics, athletics

GST on Articles and equipment for physical exercise, gymnastics, athletics   The GST tariff rate on goods under HSN 9506 has been Revised as per GST council meet held on 10th November, 2017.  The details of decreased GST rate on Articles and equipment for physical exercise, gymnastics, athletics is as follows:   Latest GST rate on Articles and equipment for physical exercise, gymnastics, athletics   HSN number: 9506      &nb

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Revised GST rate on Festive entertainment articles, carnival entertainment articles

  GST on Festive entertainment articles, carnival entertainment articles   The GST tariff rate on goods under HSN 9505 has been Revised as per GST council meet held on 10th November, 2017.  The details of revised GST rate on Festive entertainment articles, carnival entertainment articles is as follows:   Latest GST rate on Festive entertainment articles, carnival  entertainment articles   HSN number: 9505      &

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CUSTOMS Notification No. 90 of 2017 dt 27th November, 2017

Notification no. 90/2017 Customs date on 27th November, 2017    Seeks to amend notification No. 56/2000-Customs dated the 5th May, 2000.   The extract of CUSTOMS Notification No. 90/2017- CUSTOMS is given below:   Notification No. 90/2017-CUSTOMS     [TO BE PUBLISHED IN PART II, SECTION 3, SUB-SECTION (i) OF THE GAZETTE OF INDIA (EXTRAORDINARY)] GOVERNMENT OF INDIA MINISTRY OF FINANCE   DEPARTMENT OF REVENUE (CENTR

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Minimized GST rate on Fishing hooks

GST on Fishing hooks   The GST tariff rate on goods under HSN 9507 has been Revised as per GST council meet held on 10th November, 2017.  The details of minimized GST rate on aircraft seats is as follows:   Latest GST rate on Fishing hooks   HSN number: 9507          Fishing hooks GST rate before 10th November, 2017: 12% Revised rate of GST w.e.f 10.11.2017: 5%      

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Revised GST rate on aircraft seats

GST on aircraft seats   The GST tariff rate on goods under HSN 94 has been Revised as per GST council meet held on 10th November, 2017.  The details of revised GST rate on aircraft seats is as follows:   Latest GST rate on aircraft seats   HSN number: 9401          Specified parts of aircraft, namely, aircraft seats [94011000] GST rate before 10th November, 2017: 18% Revised rate of GST w.e.f 1

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