The term export is derived from the conceptual meaning as to ship the goods and services out of the port of a country. The seller of such goods and services is referred to as an “exporter” who is based in the country of export whereas the overseas based buyer is referred to as an “importer”.Continue reading “Export and Import”
Author Archives: vizpathak
Difference between EP copy and EC copy of shipping bill
The exporter or their customs house agent files necessary export documents with customs location where the cargo is moved to be exported. After completion of necessary export customs formalities at customs, Exporter copy and Exchange control copy are given back to exporter. Exporter retains export copy of shipping bill and submits exchange control copy withContinue reading “Difference between EP copy and EC copy of shipping bill”
Electronic Bank Realization Certificate
Electronic Bank Realization Certificate Electronic Bank Realization Certificate (BRC) or eBRC is issued by banks to the exporter for the purpose of claiming benefits under the various schemes of the Foreign Trade Policy. eBRC is initiative to promote paperless trade and the DGFT has created an electronic platform for Bank Realization Certificate. Using the eBRC platform,Continue reading “Electronic Bank Realization Certificate”
Offices to apply for Certificate of origin GSP
The following are the list of offices in India authorized to issue GSP Certificate of origin to exporters. The details of authorized offices to issue GSP against specified export products are also given for your easy reference. 1. Export Inspection Council through their field offices known as Export Inspection Agencies with their offices all overContinue reading “Offices to apply for Certificate of origin GSP”
Types of Export Containers
This post helps you to get information about different cargo container types used for transport of goods. Different types of containers are used in domestic and international trade to move cargo from one location to another. Some types of containers are Standard Dry Containers, Open Top Containers, High cube Containers, Refrigerated Containers (Reefer Containers), GOHContinue reading “Types of Export Containers”
How to send export samples to foreign buyer? Tips to send samples to foreign buyer
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? CanContinue reading “How to send export samples to foreign buyer? Tips to send samples to foreign buyer”
How to get RCMC from Export Promotion Councils
Registration Cum Membership Certificate- RCMC. What is RCMC? Why do you require an RCMC? I have written a separate article about the importance of obtaining Registration Cum Membership Certificate in this web blog. Please read the said article to know more about RCMC – Registration cum Membership Certificate. Here, we discuss about the name ofContinue reading “How to get RCMC from Export Promotion Councils”
How to obtain GSP – Certificate of Origin?
ow to obtain GSP – Certificate of Origin? There are two types of certificates of origin in India – Certificate of origin issued by Chamber of commerce and Certificate of origin issued by Export Inspection Agency. Customs of some importing countries insist either of them to certify the country of origin of goods. What isContinue reading “How to obtain GSP – Certificate of Origin?”
Export Financial benefits, Export incentives and supports
Export Benefits and Incentives in India How does exports benefit to exporters in India? What are the financial assistance to exporters? Advantages of Exports in India? What are the different government schemes to exporters? How does bank help exporters financially? Different financial schemes and other supports of Export Promotion Councils. Who are the organizations andContinue reading “Export Financial benefits, Export incentives and supports”
FOREIGN TRADE POLICY 2015-2020
Export promotion being a constant endeavour of the government, export performance is constantly monitored and export strategy and export policies are formulated. In the Foreign Trade Policy for the years 2015-20 announced in April 2015, the Government spelt out a framework for increasing exports of goods and services as well as generation of employment andContinue reading “FOREIGN TRADE POLICY 2015-2020”