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 a country, governme

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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 complication.

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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 courier to send export samples?

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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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Effective Tax rate on Ready to move in flats, Building, complex

GST on Constructed property   It is brought to the notice of buyers of constructed property that there is no GST on sale of complex/ building and ready to move-in flats where sale takes place after issue of completion certificate by the competent authority. GST is applicable on sale of under construction property or ready to move-in flats where completion certificate has not been issued at the time of sale.             &

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Entry in Declarant’s Records (EIDR) – Explain

What is Entry in Declarant’s Records (EIDR) under UCC   Entry in Declarant’s Records (EIDR) is a new facilitation introduced under the Union Customs Code(UCC). In European Union (EU), Entry in Declarant’s Records (EIDR) allows economic operators to release goods to a customs procedure without the need to provide a full customs declaration at the point of release using a simplified data set via an entry in their electronic commercial records.  A supplement

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Interest Equalisation Scheme on Pre and Post Shipment, RBI

RBI Notification to Interest Equalisation on Pre and Post Shipment Rupee Export Credit   RBI/2018-19/81 DBR.Dir.BC.No.09/04.02.001/2018-19 November 29, 2018 All Scheduled Commercial Banks (excluding RRBs) Small Finance Banks and Primary (Urban) Cooperative Banks Dear Sir / Madam, Interest Equalisation Scheme on Pre and Post Shipment Rupee Export Credit Please refer to the operational instructions for the captioned scheme contained in RBI circular on Interest

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CUSTOMS (N.T.) Notification No 97 of 2018 dated 7th December, 2018

   Notification no 97/2018 Customs(Non Tariff) date on 7th December, 2018    Amendment to Notification no. 62/94-Customs (N.T.) dated 21.11.1994 notifying Port Meadow u/s 7(a) of Customs Act, 1962 for unloading of imported goods and loading of export goods or any class of goods.  The extract of CUSTOMS (N.T.) Notification No. 97/2018- CUSTOMS is given below:   Notification No. 97/2018-CUSTOMS(Non Tariff Notification)   [TO BE PUBLISH

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General Bond to be executed by the EOUs, Central Excise(N.T) Notification No.01/2018

Central Excise (N.T.) Notification No 01 of 2018 dated 5th December, 2018   Notification no 01/2018 Central Excise (Non Tariff) date on 5th December, 2018  General Bond (Form B-17) to be executed by the EOUs  The extract of Central Excise (N.T.) Notification No. 01/2018- CUSTOMS is given below:   Notification No. 01/2018- Central Excise (Non Tariff Notification)    [TO BE PUBLISHED IN PART II, SECTION 3, SUB-SECTION (i) OF THE GAZETTE

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Extended due date for filing FORM GSTR-9, FORM GSTR-9A and FORM GSTR-9C

  Extended due date for filing FORM GSTR-9, FORM GSTR-9A and FORM GSTR-9C    FORM GSTR-9 and FORM GSTR-9A have been notified vide notification No. 39/2018-Central Tax, dated 04.09.2018 while FORM GSTR-9C has been notified vide notification no. 49/2018-Central Tax, dated 13.09.2018 as part of the CGST Rules.   The  competent  authority  has  decided  to  extend  the  due  date  for  filing  FO

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CENTRAL EXCISE Notification No 23 of 2018 dated 5th December, 2018

  Notification no 23/2018 CENTRAL EXCISE date on 5th December, 2018   Amendment to notification no. 22/2003-CE, 23/2003-CE & 24/2003-CE all dated 31.03.2003 -reg.  The extract of CENTRAL EXCISE Notification No. 23/2018- CENTRAL EXCISE is given below:   Notification No. 23/2018-CENTRAL EXCISE   [TO BE PUBLISHED IN PART II, SECTION 3, SUB-SECTION (i) OF THE GAZETTE OFINDIA (EXTRAORDINARY)]  GOVERNMENT OF INDIA MINISTRY OF FINAN

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CUSTOMS Notification No 79 of 2018 dated 5th December, 2018

Notification no 79/2018 Customs date on 5th December, 2018    Amendment to notification no. 52/2003-Customs dated 31.03.2003 -reg.   The extract of CUSTOMS Notification No. 79/2018- CUSTOMS is given below:   Notification No. 79/2018-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  (CENTRAL B

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Customs Notification, levy definitive anti-dumping duty on the imports of Uncoated Copier Paper

CUSTOMS (ADD) Notification No 56 of 2018 dated 4th December, 2018   Notification no 56/2018 Customs(Anti-dumping duty) date on 4th December, 2018  Seeks to levy definitive anti-dumping duty on the imports of "Uncoated Copier Paper" originating in or exported from Indonesia, Thailand and Singapore.  The extract of CUSTOMS (ADD) Notification No. 56/2018- CUSTOMS is given below:   Notification No. 56/2018-CUSTOMS(Anti-Dumping Duty)     

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EXIM Bank of the United States - Explain

What is Export-Import Bank of the United States   The Export-Import Bank of the United States (Ex-Im Bank) was created in 1934 by an executive order, and operates under a charter which is periodically reviewed by Congress. The Export-Import Bank (Ex-Im Bank) is the official U.S. export credit agency that provides export credit insurance, working capital guarantees, loans and loan guarantees to help foreign markets finance the purchase of U.S. goods and services. EXIM is an independe

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