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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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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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 31 of 2020 dated 13th July, 2020

    Notification No 31/2020 Customs date on 13th July, 2020   Seeks to further amend notification no. 152/2009 dated 31.12.2009, to increase the rate of duty of customs on imports of "Polybutadiene Rubber" originating in Korea RP and imported under the India-Korea Comprehensive Economic Partnership Agreement, on recommendation of preliminary findings of Directorate General of Trade Remedies under India-Korea Comprehensive Economic Partnership Agreement (Bilateral

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Notification No 30/2020 Customs date on 10th July, 2020

CUSTOMS Notification No 30 of 2020 dated 10th July, 2020     Seeks to amend notification No. 09/2012-Customs dated 09.03.2012, providing for extension of last date of re-import by three months, for those cases where the last date of such re-import falls between 01.2.2020 and 31.7.2020 due to the outbreak of COVID-19 pandemic.  The extract of CUSTOMS Notification No. 30/2020- CUSTOMS is given below:   Notification No. 30/2020-CUSTOMS   [TO BE P

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CUSTOMS Notification No 29 of 2020 dated 6th July, 2020

  Notification No 29/2020 Customs date on 6th July, 2020   Seeks to further amend notification no. 152/2009 dated 31.12.2009, to increase the rate of duty of customs on imports of Phthalic Anhydride originating in Korea RP and imported under the India-Korea Comprehensive Economic Partnership Agreement, on recommendation of preliminary findings of Directorate General of Trade Remedies under India-Korea Comprehensive Economic Partnership Agreement (Bilateral Safeguard Measu

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Notification no 06/2020 CENTRAL EXCISE date on 5th May, 2020

    CENTRAL EXCISE Notification No 06 of 2020 dated 5th May, 2020    Seeks to amend notification No. 04/2019-Central Excise dated 6th July, 2019 so as to increase effective rate of Road and Infrastructure Cess (RIC) collected as additional duty of excise on petrol and diesel by Rs. 8 per litre.     The extract of CENTRAL EXCISE Notification No. 06/2020- CENTRAL EXCISE is given below:  Notification No. 06/2020-CENTRAL EXCISE  

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CENTRAL EXCISE Notification No 05 of 2020 dated 5th May, 2020

  Notification no 05/2020 CENTRAL EXCISE date on 5th May, 2020     Seeks to amend notification No. 05/2019-Central Excise dated 6th July, 2019 so as to increase effective rate of Special Additional Excise Duty (SAED) on petrol by Rs. 2 per lire and on diesel by Rs. 5 per litre.  The extract of CENTRAL EXCISE Notification No. 05/2020- CENTRAL EXCISE is given below:  Notification No. 05/2020-CENTRAL EXCISE   [TO BE PUBLISHED IN THE GAZETTE

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Central Tax Notification No 09 of 2020 dt 16th March, 2020 under GST

  Notification no 09/2020 Central Tax date on 16th March, 2020, GST      Seeks to exempt foreign airlines from furnishing reconciliation Statement in FORM GSTR-9C  The extract of GST Notification No. 09/2020- Central Tax is given below:  Notification No. 09/2020- Central Tax, GST   [To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)]  Government of India  Ministry of Finance&nb

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CUSTOMS Notification No 15 of 2020 dated 13th March, 2020

  Notification No 15/2020 Customs date on 13th March, 2020      Seeks to amend notification No. 18/2019-Customs dated 6th July, 2019 so as to increase effective rate of Road and Infrastructure Cess (RIC) collected as additional duty of customs on petrol and diesel by Rs. 1 per litre.  The extract of CUSTOMS Notification No. 15/2020- CUSTOMS is given below:   Notification No. 15/2020-CUSTOMS    [TO BE PUBLISHED IN THE GAZETT

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Notification no 04/2019 CENTRAL EXCISE date on 13th March, 2020

  CENTRAL EXCISE Notification No 04 of 2019 dated 13th March, 2020      Seeks to amend notification No. 04/2019-Central Excise dated 6th July, 2019 so as to increase effective rate of Road and Infrastructure Cess (RIC) collected as additional duty of excise on petrol and diesel by Rs. 1 per litre.  The extract of CENTRAL EXCISE Notification No. 04/2020- CENTRAL EXCISE is given below:  Notification No. 04/2020-CENTRAL EXCISE   [TO BE

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CENTRAL EXCISE Notification No 03 of 2020 dated 13th March, 2020

    Notification no 03/2019 CENTRAL EXCISE date on 13th March, 2020     Seeks to amend notification No. 05/2019-Central Excise dated 6th July, 2019 so as to increase effective rate of Special Additional Excise Duty (SAED) on petrol and diesel by Rs. 2 per litre.  The extract of CENTRAL EXCISE Notification No. 03/2020- CENTRAL EXCISE is given below:  Notification No. 03/2020-CENTRAL EXCISE   [TO BE PUBLISHED IN THE GAZETTE OF INDIA

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CUSTOMS (ADD) Notification No 06 of 2020 dated 12th March, 2020

  Notification no 06/2020 Customs (Anti-Dumping Duty) date on 12th March, 2020      Seeks to amend notification No. 07/2015-Customs (ADD) dated 13th March 2015 so as to extend anti-dumping duty on "Sheet Glass" originating in or exported from China PR.     The extract of CUSTOMS (ADD) Notification No. 06/2020- CUSTOMS is given below:      Notification No. 06/2020-CUSTOMS (anti-dumping duty)    [TO BE PUBLI

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