The information provided here is part of Import Export course online
Irrevocable Letter of Credit payment under Duty credit scrip and Export Obligation
According to Foreign Trade Policy 2015-20, in case where applicant applies for duty credit scrip / discharge of EO against confirmed irrevocable letter of credit (or bill of exchange which is unconditionally Avalised / Co-Accepted / Guaranteed by a bank) and this is confirmed and certified by exporter’s bank in relevant Bank Certificate of Export and Realization, payment of export proceeds shall be deemed to have been realized. For Status Holders, irrevocable letter of credit would suffice.
The above information is a part of Online Export Import course
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How to import Raw hides, skins and leather
Steps to import Rubber and rubber articles
What is VACIS exam in US import customs clearance
Terms of Payment in Export and Import
Terms Used in Marine Insurance
The difference between FCA and CIP terms
The role of bill of exchange in import export business
The term FCL. What is FCL means
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Top 137 Airline names and their websites worldwide
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USDA hold by US customs for import cargo
Vessel sailing in export business
What happens, if HAWB number marks wrongly
What happens, once Bill of Entry for Imports files?
What is ‘Combined Bill of Lading’
How to obtain a duplicate BL, if original bill of lading lost.
Difference between standard dry container and high cube container
Shipping procedures to import Edible Fruits and nuts, peel of citrus or melons
Importation processes of VEGETABLES
Garments on Hanger container (GOH container)
How does Bill of Lading work in DP payment terms? Who receives the amount of auctioned / resold imported unclaimed/un-cleared goods?
Why demurrage/detention waiver period is required at destination for import
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