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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Reduced GST rate on Articles made of paper mache

  GST on Articles made of paper mache    The GST tariff rate on goods under HSN 4823 has been Revised as per GST council meet held on 21st July, 2018.  The details of revised GST rate on Articles made of paper mache is as follows:   Latest GST rate on Articles made of paper mache   HSN number: 4823 Articles made of paper mache GST rate before 27th July, 2018: 12% Revised rate of GST w.e.f 27.07.2018: 5%   In this ar

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Revised GST rate on Mats, matting and screens of vegetable material etc

Minimized GST rates on Mats, matting and screens of vegetable material etc   The GST tariff rate on goods under HSN 4601 and 4602 has been cut down as per GST council meet held on 21 st July, 2018.  The details of reduced GST rate on Mats, matting and screens of vegetable material etc is as follows:   Latest GST rate on Mats, matting and screens of vegetable material etc   HSN number: 4601 and 4602 Mats, matting and screens of vegetable material,

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GST rate on Handmade or hand embroidered shawls

GST on Handmade or hand embroidered shawls   The GST tariff rate on goods under HSN 6117, 6214 has been cut down as per GST council meet held on 21 st July, 2018.  The details of GST rate on Handmade or hand embroidered shawls is as follows:   Latest GST rate on Handmade or hand embroidered shawls HSN number: 6117, 6214 Handmade/hand embroidered shawls of sale value not exceeding Rs. 1000 perpiece Rate of GST w.e.f 27.07.2018: 5% Handmade/hand embroidere

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What is Writ of Assistance in Customs

Meaning of Writ of Assistance in Customs   A documents issued by the Comptroller of Customs approving a legitimate officer to complete a pursuit on any premises where there is sensible ground to presume that anything present in that is at risk for relinquishment by ideals of any Customs institution. In the territory of traditions, writs of Assistance were first approved by a demonstration of the English Parliament in 1660 and were issued by the Court of Exchequer to help traditions

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Central Tax Notification No 34 of 2018 dt 10th August, 2018 under GST

Notification no 34/2018 Central Tax date on 10th August, 2018, GST    Seeks to prescribe the due dates for filing FORM GSTR-3B for the months from July, 2018 to March, 2019.  The extract of GST Notification No. 34/2018- Central Tax is given below:    Notification No. 34/2018- Central Tax, GST                                              

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Central Tax Notification No 33 of 2018 dt 10th August, 2018 under GST

Notification no 33/2018 Central Tax date on 10th August, 2018, GST    Seeks to prescribe the due dates for quarterly furnishing of FORM GSTR-1 for those taxpayers with aggregate turnover of upto Rs.1.5 crores for the period from July, 2018 to March, 2019  The extract of GST Notification No. 33/2018- Central Tax is given below:    Notification No. 33/2018- Central Tax, GST                        

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Central Tax Notification No 32 of 2018 dt 10th August, 2018 under GST

Notification no 32/2018 Central Tax date on 10th August, 2018, GST    Seeks to prescribe the due dates for furnishing of FORM GSTR-1 for those taxpayers with aggregate turnover of more than Rs. 1.5 crores for the months from July, 2018 to March, 2019.  The extract of GST Notification No. 32/2018- Central Tax is given below:    Notification No. 32/2018- Central Tax, GST                        

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Compensation cess (Rate) Notification No 02 of 2018 dt 26th July, 2018 under GST

Notification no 02/2018 Compensation cess (Rate) date on 26th July, 2018, GST   Seeks to amend Notification No. 1/2017 -Compensation Cess (Rate) dated 28.06.2017 togive effect to the recommendations of the GST Council in it’s 28th meeting held on 21.07.2018.  The extract of GST Notification No. 02/2018- Compensation cess (Rate) is given below:  Notification No. 02/2018- Compensation cess (Rate), GST                 &nb

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Reduced GST rate on Toran

GST rates on Toran   The GST tariff rate on goods under HSN 5609 has been cut down as per GST council meet held on 21 st July, 2018.  The details of reduced GST rate on Toran is as follows:   Latest GST rate on Toran   HSN number: 5609 00 20, 5609 00 90 Toran, Doorway Decoration made from cotton yarn or woollen yarn and aabhala (mirror) with or without hanging flaps  GST rate before 27 th  July, 2018: 12% Reduced rate of GST w.e.

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Revised GST rate on Hand-woven tapestries

  GST rate on Hand-woven tapestries    The GST tariff rate on goods under HSN 5805 has been Revised as per GST council meet held on 21st July, 2018.  The details of revised GST rate on Hand-woven tapestries is as follows:   Latest GST rate on Hand-woven tapestries   HSN number: 5805 Hand-woven tapestries GST rate before 27th July, 2018: 12% Revised rate of GST w.e.f 27.07.2018: 5%   Do you wish to add more informati

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