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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CUSTOMS Notification No 52 of 2018 dated 14th June, 2018

    Notification no 52/2018 Customs date on 14th June, 2018    Seeks to further amend Notifications No. 50/2017-Customs dated 30.06.2017 to expand list of exempt items for Handicraft Sector.  The extract of CUSTOMS Notification No. 52/2018- CUSTOMS is given below:  Notification No. 52/2018-CUSTOMS   [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY PART II,   SECTION 3, SUB-SECTION (i)]   GOVERNMENT OF

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CUSTOMS Notification No 51 of 2018 dated 9th July, 2018

   Notification no 51/2018 Customs date on 9th July, 2018   seeks to amend the notification No. 27/2011-Customs dated01 st March, 2011 so as to reduce the export duty on export of Iron Ore by MMTC Limited (only NMDC origin) to Japan and South Korea under the Long Term Agreement (LTA), from 30% to 10%, upto and inclusive of 31.03.2021. The extract of CUSTOMS Notification No. 51/2018- CUSTOMS is given below: Notification No. 51/2018-CUSTOMS   [TO BE PUBL

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Central Tax Notification No 29 of 2018 dt 6th July, 2018 under GST

   Notification no 29/2018 Central Tax date on 6th July, 2018, GST    Seek to make amendments (Seventh Amendment, 2018) to the CGST Rules, 2017  The extract of GST Notification No. 29/2018- Central Tax is given below:    Notification No. 29/2018- 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 Department of Reve

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CUSTOMS Notification No 50 of 2018 dated 30th June, 2018

   Notification no 50/2018 Customs date on 30th June, 2018   seeks to provide the tariff concession to the goods of the description specified in column (3) of the Table hereto annexed and falling under the Chapter.  The extract of CUSTOMS Notification No. 50/2018- CUSTOMS is given below:  Notification No. 50/2018-CUSTOMS     [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]   GO

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CUSTOMS Notification No 49 of 2018 dated 20th June, 2018

   Notification no 49/2018 Customs date on 20th June, 2018   seeks to further amend notification No. 50/2017-customs dated 30th June 2017, to prescribe effective rate of duty on specified goods. The extract of CUSTOMS Notification No. 49/2018- CUSTOMS is given below:  Notification No. 49/2018-CUSTOMS   [TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)]   GOVERNMENT OF INDIA MINISTRY OF FIN

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CUSTOMS Notification No 48 of 2018 dated 20th June, 2018

 Notification no 48/2018 Customs date on 20th June, 2018   Seeks to increase the tariff rate on goods in chapters 7, 8, 28, 38, 72 and 73 in the First Schedule to the Customs tariff Act, 1975 . The extract of CUSTOMS Notification No. 48/2018- CUSTOMS is given below:  Notification No. 48/2018-CUSTOMS   [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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Union territory tax (Rate) Notification No. 12 of 2018 DT 29th June, 2018, GST

 Notification No. 12/2018 Union territory tax (Rate) DT on 29th June, 2018, GST   Seeks to exempt payment of tax under section 7(4) of the UT GST Act, 2017 till 30.09.2018. The Extract of GST Notification No. 12/2018-Union territory tax (Rate) is Given below:   Notification No. 12/2018 – Union territory tax (Rate), GST    [To be published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i)]   Government of

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Integrated Tax (Rate) Notification No. 13 of 2018 DT 29th June, 2018, GST

  Notification No. 13/2018 Integrated Tax (Rate) DT on 29th June, 2018, GST   Seeks to exempt payment of tax under section 5(4) of the IGST Act, 2017 till 30.09.2018.     The Extract of GST Notification No. 13/2018 – Integrated Tax (Rate) is given below:                Notification No. 13/2018 – Integrated Tax (Rate), GST  [To be published in the Gazette of India, Extraordinary, Part II, Section

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Central Tax (Rate) Notification No 12 of 2018 dt 29th June, 2018 under GST

Notification no 12/2018 Central Tax (Rate) date on 29th June, 2018, GST   Seeks to exempt payment of tax under section 9(4) of the CGST Act, 2017 till 30.09.2018.  The extract of GST Notification No. 12/2018- Central Tax (Rate) is given below:  Notification No. 12/2018- Central Tax (Rate), GST   [To be published in the Gazette of India, Extraordinary, Part II, Section 3, Subsection (i)]   Government of India   Ministry of Finan

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Explain Authorised Economic Operator(AEO)

What is  Authorised Economic Operator(AEO)   Authorised Economic Operator (AEO) is a organisation associated with the global development of products that has been approved by or in the interest of a national Customs organization as agreeing to World Customs Organization or equal inventory network security standards. Organizations occupied with global exchange can apply for the status of Authorized Economic Operator (AEO). The AEO certificate offers numerous focal points in w

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