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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CUSTOMS Notification No 11 of 2019 dated 29th March, 2019

  Notification no 11/2019 Customs date on 29th March, 2019   Amend notification No. 50/2017-customs dated 30th June 2017 to postpone the implementation of increased customs duty on specified imports originating in USA from 1st April, 2019 to 2nd May, 2019.  The extract of CUSTOMS Notification No. 11/2019- CUSTOMS is given below:   Notification No. 11/2019-CUSTOMS   [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SU

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Notification no 15/2019 Customs (Anti-Dumping Duty) date on 29th March, 2019

  CUSTOMS (ADD) Notification No 15 of 2019 dated 29th March, 2019    Seeks to impose definitive anti-dumping duty on 'Ethylene Vinyl Acetate (EVA) sheet for Solar Module', originating in or exported from China PR, Malaysia, Saudi Arabia and Thailand.   The extract of CUSTOMS (ADD) Notification No. 15/2019- CUSTOMS is given below:     Notification No. 15/2019-CUSTOMS (anti-dumping duty)    [TO BE PUBLISHED IN THE GAZETTE OF

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CUSTOMS (ADD) Notification No 14 of 2019 dated 25th March, 2019

  Notification no 14/2019 Customs (Anti-Dumping Duty) date on 25th March, 2019    Seeks to impose anti-dumping duty on 'Acetone', originating in or exported from European Union, Singapore, South Africa and United States of America.   The extract of CUSTOMS (ADD) Notification No. 14/2019- CUSTOMS is given below:     Notification No. 14/2019-CUSTOMS (anti-dumping duty)    TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDIN

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Notification no 09/2019 Customs date on 25th March, 2019

CUSTOMS Notification No 09 of 2019 dated 25th March, 2019    Amendment to Notification No.52/2003-Customs dated 31.03.2003 for extending exemption from IGST and compensation cess to EOUs on imports till 31.03.2020.  The extract of CUSTOMS Notification No. 09/2019- CUSTOMS is given below:   Notification No. 09/2019-CUSTOMS   [TO BE PUBLISHED IN PART II, SECTION 3, SUB-SECTION (i) OF THE GAZETTE OF INDIA, EXTRAORDINARY]  GOVERNMENT OF INDIA

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CUSTOMS Notification No 08 of 2019 dated 25th March, 2019

Notification no 08/2019 Customs date on 25h March, 2019    Seeks to extend the exemption from Integrated Tax and Compensation Cess upto 31.03.2020 on goods imported against AA/EPCG authorizations. The extract of CUSTOMS Notification No. 08/2019- CUSTOMS is given below:   Notification No. 08/2019-CUSTOMS   [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]  GOVERNMENT OF INDIA MINISTRY OF FINANCE

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Bulk e-way bill generation

Bulk e-way bill generation steps   Bulk e-way bill generation facility is a simple solution for generating multiple e-way bills or consolidated e-way bills. A consolidated bulk e-Way bill is used when a user needs to generate multiple consolidated e-Way Bills in a one-time process.   Create bulk e-way bills on the e-way bill portal by following the steps Log on to www.ewaybill.nic.in Enter the User Name and Password, then the Captcha Code, and then click "Login"

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34th GST Council Meeting held on 19th March, 2019 - Major decisions

  Decisions taken by 34 th GST Council Meeting on 19 th March, 2019   34 th GST Council meeting held on 19 th March, 2019 at New Delhi discussed the operational details for implementation of the recommendations made by the council in its 33 rd meeting for lower effective GST rate of 1% in case of affordable houses and 5% on construction of houses other than affordable house. The council decided the modalities of the transition as follows.   Option in res

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Authorized Economic Operator (AEO) Certificate

Benefits of AEO Certification   The AEO (Authorized economic Operator) programme, the importer and exporter are being issued a certificate based on three-tier certification i.e. AEO T1, AEO T2 and AEO T3, where AEO T3 is the highest level of accreditation and with most benefits. All three tiers provide for varying and incrementally increasing level of facilitation to the status holder. There is one more category of AEO- LO that covers all other entities in the supply chain

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CUSTOMS Notification No 07 of 2019 dated 15th March, 2019

   Notification no 07/2019 Customs date on 15th March, 2019     Seeks to amend notification No. 152/2009-Customs dated 31.12.2009 so as to grant tariff concession in respect of goods under tariff sub heading 4809 90 imported from Korea RP under the India-Korea Comprehensive Economic Partnership Agreement (CEPA).  The extract of CUSTOMS Notification No. 07/2019- CUSTOMS is given below:   Notification No. 07/2019-CUSTOMS   [TO BE PU

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CUSTOMS (N.T.) Notification No 22 of 2019 dated 15th March, 2019

   Notification no 22/2019 Customs(Non Tariff) date on 15th March, 2019    Amendment to the Notification No. 63/1994-Customs (N.T) dated 21st November, 1994, by notifying Dera Baba Nanak LCS  The extract of CUSTOMS (N.T.) Notification No. 22/2019- CUSTOMS is given below:   Notification No. 22/2019-CUSTOMS(Non Tariff Notification)   [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART-II, SECTION 3, SUB-SECTION (ii)] GOVERNME

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