HOW TO FIND LATEST COUNTRY DATA BY GOVERNMENT OF INDIA FOR EXPORT IMPORT BUSINESS

STEP 1 GO TO THIS URL – https://commerce-app.gov.in/eidb STEP 2 – CLCIK ON COUNTRY AND SUBMIT YOU WILL FIND DATA STEP 3 YOU CAN FIND BY COMMODITY WISE ALSO CLICK ON EVERY MENY YOU GET GOOD AMOUNT OF DATA

What are the legal documents in exports in India

Are there any documents to be filed legally under export from India? If yes, what are those legal documents under exports? Why legal documents for exports? How do those legal documents work? As you are aware, export means taking goods outside territory border of a country and imports means bringing in to the territory borderContinue reading “What are the legal documents in exports in India”

What is the importance of the ease of doing business ranking for a country?

An index created by the World Bank, where higher rankings indicate better, usually simpler regulations for businesses and stronger protections of property rights,political, economic, standard of living, Gdp rate conditions is good over all ranking rate is good . you can do business in that country. India moves up 14 spots in World Bank’s easeContinue reading “What is the importance of the ease of doing business ranking for a country?”

Letters Of Credit – Definition, Types & Process

step 1 :- https://www.youtube.com/watch?v=0UiLLhNhBiI A letter of credit is a document that guarantees the buyer’s payment to the sellers. It is Issued by a bank and ensures the timely and full payment to the seller. If the buyer is unable to make such a payment, the bank covers the full or the remaining amount onContinue reading “Letters Of Credit – Definition, Types & Process”

AD CODE MEANING AND FORMAT IN WORD FILE

AD Code meaning & Format  What is the meaning of authorized dealer(AD) Code?  This code is very important in export & import business. Without this code, you can not export by sea or air. AD code means AUTHORIZED DEALER  code which you will get it from your bank where you have opened a current account for the export-import business. YouContinue reading “AD CODE MEANING AND FORMAT IN WORD FILE”

Government bans onion exports with immediate effect

With heavy rains in most onion growing regions of India during the current monsoon season, there was an acute of onions in the market, pushing up prices exorbitantly Keeping the increasing price of retail onion prices in mind, the government on Sunday banned export all  varieties of the bulb vegetable from the country with immediate effect.Continue reading “Government bans onion exports with immediate effect”

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