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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New Return Prototype under GST

GST New Return Prototype - Explain   The details about New Return Prototype under GST are explained here. This post explains about New Return Prototype under GST is as follows. This is web based Prototype of Offline Tool of New Return is an intuitive demo or mock up of the Offline Tools of New Return to give stakeholders a vibe of what the Tool will resemble and to get their input on the equivalent, before it goes live. It is an interactive prototype, which enables clients to exp

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e Trade Project under Foreign Trade Policy (FTP)2015-20

Foreign Trade Policy (FTP) 2015-20, e Trade Project   In this post the information about e Trade Project under Foreign Trade Policy (FTP) 2015-20 are discussed. The details about e Trade Project under Foreign Trade Policy (FTP) 2015-20 are given below.   e Trade project facilitates users to carry out all their foreign trade related compliances, regulatory or otherwise, online. Department of Commerce pilots this project.   The major stake holders of the projec

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CUSTOMS (ADD) Notification No 27 of 2019 dated 12th July, 2019

    Notification no 27/2019 Customs (Anti-Dumping Duty) date on 12th July, 2019    Seeks to extend levy of anti-dumping duty till 27.10.2019, on imports of " Paracetamol" originating in or exported from china PR, extended vide notification No. 39/2018 Customs (ADD), dated the 20th August, 2018, in pursuance of order of Hon'ble High Court of Gujarat in the matter of SCA 5278/2019.   The extract of CUSTOMS (ADD) Notification No. 27/2019- CUSTOMS is

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Notification no 51/2019 Customs(Non Tariff) date on 15th July, 2019

  CUSTOMS (N.T.) Notification No. 51 of 2019 dated 15th July, 2019                                                                                       Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca N

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CUSTOMS (N.T.) Notification No. 50 of 2019 dated 12th July, 2019

    Notification no 50/2019 Customs(Non Tariff) date on 12th July, 2019  Amendment to the Notification No. 63/1994-Customs (N.T) dated 21st November, 1994, by notifying the pipeline of M/s Indian Oil Corporation Limited connecting Barauni, Patna, Motihari, Nonea in India to Amlekhgunj in Nepal as additional route for Raxaul LCS.  The extract of CUSTOMS (N.T.) Notification No. 50/2019- CUSTOMS is given below:   Notification No. 50/2019-CUSTOMS(Non Ta

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EXDOC – Means

Explain Department of Agriculture Export Documentation System (EXDOC)   What is Department of Agriculture Export Documentation System (EXDOC).  This post explains about Department of Agriculture Export Documentation System (EXDOC) in Australia. The Department of Agriculture Export Documentation System (EXDOC) system is used for export endorsed essential produce from Australia. EXDOC is a software application created by the Department of Agriculture and Water Resources to ove

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Customs Broker in US – Explain

Explain about Customs Broker License Examination in US    What is customs broker in U.S. Customs and Border Protection. The details of Customs broker and customs broker license examination in US is as follows:  Customs broker are   private individuals, partnerships, associations or corporations licensed, regulated and empowered by U.S. Customs and Border Protection (CBP) to assist importers and exporters in meeting Federal requirements governing imports and ex

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Start-ups incentives, Indian Union Budget 2019-20

Indian Union Budget 2019-20, Incentives for start-ups   The details about Incentive for start-ups, Indian Budget 2019 are explained here. As per Indian Budget 2019-2020, Incentive for start-ups  (1)   Section 79 of the Income Tax Act provides conditions for carry forward and set off of losses in case of a company not being a company in which the public are substantially interested. Clause (a) of this section applies to all such companies, except an eligi

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Tax incentive for affordable housing, Indian Budget 2019-20

  Indian Union Budget 2019-20, Affordable housing tax incentive   As per Indian Budget 2019-2020, Tax incentive for affordable housing The following details explain about Tax incentive for affordable housing, Indian Budget 2019  Housing for all objective of the Government and to enable the home buyer to have low-cost funds at his disposal, it is proposed to insert a new section 80EEA in the Act so as to provide a deduction in respect of interest up to one lakh

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Tax incentive for electric vehicles, Indian Union Budget,2019

  Indian Union Budget 2019-20 - Tax incentive for electric vehicles   As per Indian Budget 2019-2020, Tax incentive for electric vehicles The following details explain about Tax incentive for electric vehicles, Indian Budget 2019  To improve environment and to reduce vehicular pollution, it is proposed to insert a new section 80EEB in the Act so as to provide for a deduction in respect of interest on loan taken for purchase of an electric vehicle from any finan

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