Introduction to this web site.

  The information provided here is part of Export Import Training online After the exploration of information technology, the world is on our finger tips to get any piece of information. However when I went through different subjects on the web, I realized, like every thing in society, internet also carries the good and the bad. I was surprised to note that, I could not find any good quality  free tutorial program to enter in a good business  especially in

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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 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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Terms of Payment in Export and Import

  Click here to know latest update on  Export Benefit Schemes in India The information provided here is part of Online export import business guide course 4 Different types of terms of payment in International Trade. If we do not go in detail about definition and deep parameters, I will call this slogan – ‘ Business is money’. Although business man enjoy his day to day life in trade, if a loss occurs in business, everything collapse. So pay

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How does Letter of Credit work?

  The information provided here is part of Online Training Course on howtoexportimport Mechanism of Letter of Credit   LC is a common term used in all trade.    When talking of LC, there may have many questions among traders. What is Letter of Credit? How does Letter of Credit work? How many types of LC are there? How do these types of Letter of Credit work? Which type of Letter of credit is safe for Exporter?  Which type of LC is safe for

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Different types of Bill of Lading

 The information provided here is part of Online export import training guide    Different types of Bill of Lading:   What are the various types of Bill of Lading?   The various types of bill of lading  are given below. The details articles about each type of Bill of Lading is written in separate article.  The readers may go through each article to have a good knowledge about Types of Bill of Lading and its functions.  

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How to calculate CBM in LCL export shipments:

 The information provided here is part of Online Training Course on howtoexportimport   How to calculate CBM in LCL export shipments Method of calculation of CBM under LCL shipment   In this article let us learn Calculation of CBM under LCL sea shipment. Why to measure LCL shipment? How to calculate volume of cargo under sea LCL shipment? What is the importance of calculation of volume of cargo under LCL shipment?   //   Ca

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Difference between mother vessel and feeder vessel

 The information provided here is part of Online export import business guide course   MOTHER VESSEL Vs. FEEDER VESSEL What is Feeder Vessel? What is the size of a Feeder Vessel? How does Feeder Vessel serve?  How to differentiate Mother Vessel between Feeder Vessel? What is the capacity of a Mother Vessel? How does Mother Vessel serve? Feeder vessel and Mother vessels are part of vessel carrying network FEEDER VESSEL   Feeder vessel

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Documentation procedures on high sea sale.

  The information provided here is part of Export Import Training online Documentation procedures on high sea sale. What are the documentation required und a high sea sale? I have written a couple of articles about High Sea Sale in this web blog. You may kindly go through the same also to have clear idea about documentation formalities under High Sea Sale – HSS. Documentation procedures under high sea sale. All documents need to be mentioned as ‘on

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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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CUSTOMS Notification No 09 of 2021 dated 1st February, 2021

      Notification No 09/2021 Customs date on 1st February, 2021     Seeks to further amend notification No. 42/1996-Customs,dated 23.07.21996 so as to make suitable amendments to the list of specified projects under heading 9801 of the First Schedule to the Customs Tariff Act.  The extract of CUSTOMS Notification No. 09/2021- CUSTOMS is given below:   Notification No. 09/2021-CUSTOMS     [TO BE PUBLISHED IN THE

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CUSTOMS Notification No 08 of 2021 dated 1st February, 2021

  Notification No 08/2021 Customs date on 1st February, 2021     Seeks to further amend notification No. 153/94-Customs dated 13th July, 1994 so as to include temporary imports of costumes and props for film-making, in the goods exempted by the said notification.  The extract of CUSTOMS Notification No. 08/2021- CUSTOMS is given below:  Notification No. 08/2021-CUSTOMS   [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SE

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Notification No 07/2021 Customs date on 1st February, 2021

  CUSTOMS Notification No 07 of 2021 dated 1st February, 2021     Seeks to rescind notification Nos. 1/2011-Customs, dated the 6th January, 2011, 34/2017-Customs, dated the 30th June, 2017 and 75/2017-Customs, dated the 13th September, 2017  The extract of CUSTOMS Notification No. 07/2021- CUSTOMS is given below:   Notification No. 07/2021-CUSTOMS   [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTIO

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CUSTOMS Notification No 06 of 2021 dated 1st February, 2021

    Notification No 06/2021 Customs date on 1st February, 2021     Seeks to further amend notification No. 08/2020-Customs dated 2nd February, 2020 so as to exempt the medical devices imported by international organizations and diplomatic missions, from the levy of Health Cess.  The extract of CUSTOMS Notification No. 06/2021- CUSTOMS is given below:   Notification No. 06/2021-CUSTOMS   TO BE PUBLISHED IN THE GAZETTE OF INDIA,

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Notification No 05/2021 Customs date on 1st February, 2021

  CUSTOMS Notification No 05 of 2021 dated 1st February, 2021     Seeks to further amend notification No. 24/2005-Customs dated 1st March, 2005 so as to clarify the scope of exemption under entry at S. No. 13S of the said notification.  The extract of CUSTOMS Notification No. 05/2021- CUSTOMS is given below:   Notification No. 05/2021-CUSTOMS   [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)

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CUSTOMS Notification No 04 of 2021 dated 1st February, 2021

    Notification No 04/2021 Customs date on 1st February, 2021     Seeks to further amend notification No. 25/99-Customs dated 28th February, 1999 so as to withdraw BCD exemption on the specified parts of transformers  The extract of CUSTOMS Notification No. 04/2021- CUSTOMS is given below:   Notification No. 04/2021-CUSTOMS   [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] 

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Notification No 03/2021 Customs date on 1st February, 2021

  CUSTOMS Notification No 03 of 2021 dated 1st February, 2021     Seeks to further amend notification No. 57/2017-Customs dated 30th June, 2017 so as to prescribe effective BCD rate on IT/Electronics items  The extract of CUSTOMS Notification No. 03/2021- CUSTOMS is given below:   Notification No. 03/2021-CUSTOMS     [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]  GOVERN

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CUSTOMS Notification No 02 of 2021 dated 1st February, 2021

   Notification No 02/2021 Customs date on 1st February, 2021      Seeks to further amend notification No. 50/2017-Customs dated 30th June, 2017 so as to prescribe effective rate of Basic Customs Duty (BCD)   The extract of CUSTOMS Notification No. 02/2021- CUSTOMS is given below:    Notification No. 02/2021-CUSTOMS    [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]

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Goods and Service Tax under Indian Union Budget 2021-22

Indian Budget 2021-22, GST    Central Goods and Services Tax Act (CGST)  Integrated Goods and Services Tax Act(IGST) Amendments under Indian Union Budget 2021-22     Goods and Service Tax       Note:   (a)          CGST Act, 2017 means Central Goods and Services Tax Act, 2017   (b)            &n

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Central Excise duty changes Indian Union Budget 2021-22

  Indian Union Budget 2021-22, Central Excise changes      Central Excise Duty changes under Indian Budget 2021-22     EXCISE       Note:    (a) “Basic Excise Duty” means the excise duty set forth in the Fourth Schedule to the Central Excise Act, 1944.   (b)    “Road and Infrastructure Cess” means the additional duty of central excise levied under sec

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