Advance Against Export Incentives
Advances against export incentives are sanctioned by bank both at pre-shipment and post-shipment stage. Advance under this category is sanctioned when the exporter has to receive the duty drawback incentive from Government, refund of customs and excise duty and differential between the indigenous and international prices of raw materials. Normally, in such case, bank gets power of attorney executed by the exporter in favor of bank and registers with the concerned authority such as Director General of Foreign Trade, Commissioner of Customs etc. Bank sanctions this type of advance only when the bank grants other facilities to the same exporter.
The term FCL. What is FCL means
The term LCL. What does LCL mean?
Tips to exporters on Documentation
How does a Running bond work?
How does Bill of Lading work in DP payment terms?
How does Bill of Lading work in Sight LC
How does CENVAT Credit work?
How does CFR term of delivery work in Export Import business
How does comprehensive policy of ECGC work for exporters?
Top 137 Airline names and their websites worldwide
Toxic Substances control Act (TSCA) certification
Transferability of Bill of Lading
Transhipment - A redefinition
Refund of Input Tax Credit (ITC) of GST, FAQ
Refund of GST paid in India, FAQ
4 Conditions when applying for refund of Input Tax Credit (ITC) under GST
Click here to know GST rate on Goods and Services
GST Exemption list of goods and services
Find HSN number or Service tariff code for GST
GST registration guidelines
Indian GST Laws
How to export your goods?
What is VACIS exam in US import customs clearance
When can an exporter release bill of lading from shipping company?
When does exporter get EP copy of shipping bill after customs clearance
Procedure for Central Excise Clearance Under Claim of Rebate
Customs procedures for Costa Rica Export
Registration required to export from Costa Rica
Import Customs processes in Costa Rica
Import Registration and import Licence procedures in Costa Rica
How to export from Bolivia?
How to Import to Bolivia?
How to import to India from Bolivia?