Special Schemes of ECGC

Special Schemes of ECGC

Special schemes consist of bundle of covers addressing the needs of banks and Investors in foreign venture. These schemes are targeted at specific audiences such as banks, investors in foreign countries and exporters taking up long term projects abroad, covering distinct risks faced by them.

ECGC offers three types of special schemes:

(a) Transfer Guarantee: Transfer Guarantee Scheme is provided to safeguard banks in India against losses arising out of confirmation of letter of credit (L/C). It covers losses due to political risks up to 90% and losses due to commercial risks up to 75%.

(b) Overseas Investment Insurance: This scheme provides protection g,

Indian Investments abroad. Any investment made by way of equity capital or untied loan for the purpose of setting up or expansion of overseas projects will be eligible for cover under investment insurance.

(c) Exchange Fluctuation Risk: It covers exchange fluctuation risk of exporters of capital goods, civil engineering contractors and consultants who may have to receive foreign currency payments over a period of years for their exports, construction works or services.

When can an exporter release bill of lading from shipping company?
When does exporter get EP copy of shipping bill after customs clearance
How does CFR term of delivery work in Export Import business
How does comprehensive policy of ECGC work for exporters?
The role of CBEC - Central Board of Excise and Customs in India.
The role of Export Inspection Agency in Pre-shipment Inspection & Quality Control
The role of Reserve Bank of India
The Role of the International Chamber of Commerce (ICC)
Negotiation procedures and formalities of export bills
Non receipt of Cargo Arrival Notice, Can importer sue against shipping company
OBL not released OBL not surrendered no telex release

Payment procedures in Triangular exports
Who is Stevedores
Who receives the amount of auctioned / resold imported unclaimed/un-cleared goods?
Why demurrage/detention waiver period is required at destination for import
Why do carriers balance weight and volume while charging freight amount in Exports?
Why does Palletization require?
Why labeling and marking in Export business?
The term FCL. What is FCL means
The term LCL. What does LCL mean?
Tips to exporters on Documentation

How does First Appraisement system of import customs clearance procedures work?
How does Letter of Credit work?
How does STP units work in India?
How does TT (Telegraphic Transfer) work?
Transferability of Bill of Lading
Transhipment - A redefinition
Travelers to India under import duty exemption, Frequently Asked Questions Part 2
Triangular shipment

Types of Insurance Documents

IGST Act section 8 Intra-State supply

IGST Act section 9 Supplies in territorial waters

IGST Act Section 10 Place of supply of goods

IGST Act section 11 The place of supply of goods

IGST Act Section 12 Place of supply of services , location of supplier and recipient in India

IGST Act Section 13 location of supplier or location of recipient is outside India

IGST Act section 14 Special provision for payment of tax by a supplier

IGST Act section 15 Refund of integrated tax paid on supply of goods to tourist leaving India

IGST Act section 16 Zero rated supply

IGST Act section 17 apportionment of tax and settlement of funds

IGST Act section Transfer of input tax credit

IGST Act section 19 Tax wrongfully collected

IGST Act Section 20 Application of provisions

IGST Act section21 Import of services made on or after the appointed day

IGST Act section 22 Power to make rules

IGST Act section 23 Power to make regulations

IGST Act Section 24 Laying of rules, regulations and notifications

IGST Act section 25 Removal of difficulties

UTGST Act Section 1 Short title, extent and commencement

UTGST Act Section2 Definitions

UTGST Act Section 3, Officers

UTGST Act Section 4 Authorization of Officers

UTGST Act Section 5, Powers of Officers

UTGST Act Section 6 Authorisation of officers of central tax as proper officer in certain circumstances

UTGST Act Section Levy and Collection of GST

UTGST Act Section 8 Power to grant exemption from GST

UTGST Act Section 9 Payment of GST Tax

UTGST Act Section 10 Transfer of ITC

UTGST Act Section 11 Officers required to assist proper officers.

UTGST Act Section 12 wrong collection of GST paid to Central Govt or UT

UTGST Act Section 13 about recovery of GST tax

UTGST Act Section 14 dvance ruling

UTGST Act Section 15 Constitution of Authority for Advance Ruling.

UTGST Act Section 16 Constitution of Appellate Authority for Advance Ruling

GST for sale of Live plants and trees, nurseries (HSN Chapter 06)

GST rate on sale of Fresh Vegetables in India (HSN Chapter 07)

GST rate on Fruits sales and nut sales in India (HSN Chapter 08)

GST rate on Coffee and Tea in India (HSN Chapter 09)

GST on Rice, Oats, Millets, Maize etc. (HSN Chapter 10)

GST on Milling industry products in India (HSN Chapter 11)

GST on oil seeds and medicinal plants in India(HSN Chapter 12)

GST rate on sale of Gums, resins, lacs etc. (HSN Chapter 13)

GST rate on Vegetable Plaiting Materials (HSN Chapter 14)

GST payable on sale of animal oil, waxes, fats, vegetable oil etc. (HSN Chapter 15)

GST rate on preserved meat, fish, crustaceans etc. (HSN Chapter 16)

GST rate on Sugar Industry in India (HSN Chapter 17)


Kishan Vadsola: how to work ecgc in different payment terms?

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