In order to promote growth of global trade with emphasis on exports from India and to support the increasing interest of global trading community in INR, it has been decided to put in place an additional arrangement for invoicing, payment, and settlement of exports / imports in INR....

In the current indirect tax regime, GST we already have a system whereby prior stage indirect taxes are taken into account and credit is given for taxes on inputs, and under the IGST Act exports are zero-rated...

The full form of EOU is Export Oriented Units. Introduced in 1981, the scheme aims to increase exports from India, to thereby increase foreign exchange earnings and create employment. This scheme also complements other schemes such as Free Trade Zone (FTZ) and Export Processing Zone EPZ in India. The provisions of Chapter 6 of the [&helli...

INTRODUCTION An importer – exporter code (ice) is a key enterprise identification wide variety which compulsory for ship out from India or import to India. No commodity or import might be made by way of any character with out acquiring an ice besides if explicitly excluded. For administrations sends out in any case, ice will [&helli...

How To Register RCMC In DGFT Online This article about The DGFT, who has now reported that compelling 1 April 2022, exporters will document a Registration cum Membership Certificate (RCMC)/Registration Certificate on the Common Online Platform? The ongoing methodology of topping off the application structure exclusively to the approved Re...

The delivery business in India assumes a critical part in countless ways. For one’s purposes, transporting is a significant supporter of the nation’s import and product business. Additionally, delivering regardless is a typical method of water transport, moving individuals and freight starting with one country and then onto th...

With report exports inside the first seven months of 2021-22, India is well on route to fulfilling its goal of $400 billion in product exports. At the beginning of the financial year, a brutal second wave of Covid-19 changed into an excessive blow to the producing enterprise, supply chains, and the general fin...

The India-US relationship or Indo-US ties have forever been cordial. The two nations share a ton for all intents and purposes variety, a majority rule government, and a pledge to worldwide harmony. Their relations have worked after the 1990s. The expanded bi-parallel exchange and venture and co-activity between the two nations have develo...

IEC Registration Online IEC is an abbreviation of Importer Exporter Code. It is a 10 digit code same replication of your business PAN number. This will be issued by Director General of Foreign Trade (DGFT), Ministry of Commerce by online. To import or export of Goods or services in India, IEC certificate is a mandatory […]...

RoDTEP – The RoDTEP (Remission of Duties and Taxes on Exported Products) scheme formed to replace the MEIS (Merchandise Export Incentives Scheme). – The scheme will ensure that the exporters receive the refunds on the embedded taxes and duties previously non-recoverable. The scheme was brought about with the intention to boost...