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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Central Tax Notification No 09 of 2019 dt 20th February, 2019 under GST

  Notification no 09/2019 Central Tax date on 20th February, 2019, GST     Seeks to extend the due date for furnishing FORM GSTR-3B for the month of January, 2019 to 28.02.2019 for registered persons having principal place of business in the state of J&K; and 22.02.2019 for the rest of the States The extract of GST Notification No. 09/2019- Central Tax is given below: Notification No. 09/2019- Central Tax, GST [To be published in the Gazette of India,

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MERCOSUR – Explain

What is Mercosur   Mercosur is a trade bloc in South America comprising Argentina, Brazil, Paraguay, Uruguay and Venezuela with associate countries like Chile, Bolivia, Colombia, Ecuador and Peru. Mercosur, also known as the Southern Common Market. Mercosur was set up in March 1991, with the objective of facilitating the free movement of goods, services, capital and people among the member countries. Associate countries are able to join free-trade agreements but do not receive the b

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Increased basic customs duty on all goods originating in or exported from Pakistan

   CUSTOMS Notification No 05 of 2019 dated 16th February, 2019    Notification no 05/2019 Customs date on 16th February, 2019  seeks to insert tariff item 9806 00 00 in chapter 98 of the First schedule to Customs tariff act, 1975 to impose basic customs duty of 200% on all goods originating in or exported from Pakistan.   Notification No. 05/2019-CUSTOMS  The extract of CUSTOMS Notification No. 05/2019- CUSTOMS is given below: 

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CUSTOMS (N.T.) Notification No 12 of 2019 dated 16th February, 2019

  Notification no 12/2019 Customs(Non Tariff) date on 16th February, 2019   Regarding amendment in notification No. 95/2018-Cus (N.T.) dated 06.12.2018 relating to AIRs of Duty Drawback.  The extract of CUSTOMS (N.T.) Notification No. 12/2019- CUSTOMS is given below:   Notification No. 12/2019-CUSTOMS(Non Tariff Notification)   [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II,  SECTION 3, SUB-SECTION (i)]  GOV

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Explain Del-credere agent (DCA) under GST

What is Del-credere agent (DCA) under GST   A del-credere agent is a selling agent who is engaged by a principal to assist in supply of goods or services by contacting potential buyers on behalf of the principal. The factor that differentiates a DCA from other agents is that the DCA guarantees the payment to the supplier. In such scenarios where the buyer fails to make payment to the principal by the due date, DCA makes the payment to the principal on behalf of the buyer (effecti

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Functions of National Anti-Profiteering Authority (NAA)

National Anti-Profiteering Authority (NAA)- Functions   The National Anti-Profiteering Authority (NAA) is required to determine whether the benefit of input tax credit or reduction in the tax rate has actually resulted in a commensurate reduction in the price of the goods or 555 services or both. The NAA has the power to identify the registered person who has not passed on the benefit of reduction in tax rate or input tax credit by way of commensurate reduction in prices and it m

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Notification no 11/2019 Customs (Anti-Dumping Duty) date on 12th February, 2019

  CUSTOMS (ADD) Notification No 11 of 2019 dated 12th February, 2019   Seeks to rescind notification No. 11/2013- Customs (ADD), dated the 16th May, 2013.   The extract of CUSTOMS (ADD) Notification No. 11/2019- CUSTOMS is given below:     Notification No. 11/2019-CUSTOMS (anti-dumping duty)   [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA   MINISTRY OF FIN

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CUSTOMS (ADD) Notification No 10 of 2019 dated 12th February, 2019

  Notification no 10/2019 Customs (Anti-Dumping Duty) date on 12th February, 2019   Seeks to amend notification No. 35/2018-Customs(ADD) dated 9th July, 2018 to amend the name of exporters at S. Nos. 1 and 2 of the duty table.   The extract of CUSTOMS (ADD) Notification No. 10/2019- CUSTOMS is given below:     Notification No. 10/2019-CUSTOMS (anti-dumping duty)   [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, S

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Notification no 09/2019 Customs (Anti-Dumping Duty) date on 12th February, 2019

  CUSTOMS (ADD) Notification No 09 of 2019 dated 12th February, 2019    Seeks to amend notification No. 52/2017- Customs (ADD) dated 24.10.2017   The extract of CUSTOMS (ADD) Notification No. 09/2019- CUSTOMS is given below:     Notification No. 09/2019-CUSTOMS (anti-dumping duty)   [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]  GOVERNMENT OF INDIA  MINISTRY OF FINA

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CUSTOMS (ADD) Notification No 08 of 2019 dated 12th February, 2019

  Notification no 08/2019 Customs (Anti-Dumping Duty) date on 12th February, 2019     Seeks to amend notification No. 61/2015-Customs (ADD) dated 11.12.2015   The extract of CUSTOMS (ADD) Notification No. 08/2019- CUSTOMS is given below:     Notification No. 08/2019-CUSTOMS (anti-dumping duty)   [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]  GOVERNMENT OF INDIA 

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