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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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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CUSTOMS (ADD) Notification No 13 of 2019 dated 14th March, 2019

   Notification no 13/2019 Customs (Anti-Dumping Duty) date on 14th March, 2019   Seeks to prescribe provisional assessment for 'Saturated Fatty Alcohols' when originating in or exported from subject countries by M/s PT. Energi Sejahtera Mas (producer) Indonesia through M/s Sinarmas Cespa Pte Ltd (exporter/trader) Singapore and imported into India.   The extract of CUSTOMS (ADD) Notification No. 13/2019- CUSTOMS is given below:     Noti

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Service Tax Notification No 02 of 2019 dated 06th March, 2019

    Notification no 02/2012 Service Tax date on 06th March, 2019     Exempting services provided by project implementation agencies under the DDUGKY for the period commencing from the 1st of July,2012 and ending with the 29th of February ,2016 .  The extract of Service Tax Notification No. 02/2019- CUSTOMS is given below:   Notification No. 02/2019-Service Tax   [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II,

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Union territory tax (Rate) Notification No. 02 of 2019 DT 07th March, 2019, GST

  Notification No. 02/2019 Union territory tax (Rate) DT on 07th March, 2019, GST    To give composition scheme for supplier of services with a tax rate of 6% having annual turn over in preceding year upto Rs 50 lakhs  The Extract of GST Notification No. 02/2019-Union territory tax (Rate) is Given below:     Notification No. 02/2019 – Union territory tax (Rate), GST    [TO BE PUBLISHED IN THE GAZZETE OF INDIA, EXTRAORDINAR

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Union territory tax Notification No. 02 of 2019 DT 07th March, 2019, GST

   Notification No. 02/2019 Union territory tax DT on 07th March, 2019, GST   To give exemption from registration for any person engaged in exclusive supply of goods and whose aggregate turnover in the financial year does not exceed Rs 40 lakhs.  The Extract of GST Notification No. 02/2019-Union territory tax is given below:               Notification No. 02/2019 – Union territory tax, GST

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Central Tax (Rate) Notification No 02 of 2019 dt 07th March, 2019 under GST

  Notification no 02/2019 Central Tax (Rate) date on 07th March, 2019, GST    To give composition scheme for supplier of services with a tax rate of 6% having annual turn over in preceding year upto Rs 50 lakhs.  The extract of GST Notification No. 02/2019- Central Tax (Rate) is given below:  Notification No. 02/2019- Central Tax (Rate), GST    [TO BE PUBLISHED IN THE GAZZETE  OF INDIA, EXTRAORDINARY,  PART II,  SECTION

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Central Tax Notification No 14 of 2019 dt 07th March, 2019 under GST

  Notification no 14/2019 Central Tax date on 07th March, 2019, GST      Seeks to supersede notification No. 08/2017 - Central Tax dated 27.06.2017 in order to extend the limit of threshold of aggregate turnover for availing Composition Scheme u/s 10 of the CGST Act, 2017 to Rs. 1.5 crores.  The extract of GST Notification No. 14/2019- Central Tax is given below:  Notification No. 14/2019- Central Tax, GST   [To be published in the G

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Notification no 13/2019 Central Tax date on 07th March, 2019, GST

Central Tax Notification No 13 of 2019 dt 07th March, 2019 under GST    Seeks to prescribe the due dates for furnishing of FORM GSTR-3B for the months of April, May and June, 2019.  The extract of GST Notification No. 13/2019- Central Tax is given below:  Notification No. 13/2019- 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&

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