Export Business Export Import International Business – Directorate General Of Foreign Trade | Ministry Of Commerce And Industry

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?”

What is Importer Exporter Code Number

step 1 – https://www.youtube.com/watch?v=JrOmBqGYDz8 step 2- https://www.youtube.com/watch?v=B-AAfaW9U5Mhttps://www.blogger.com/blogger.g?blogID=2828107132000738644#editor/target=post;postID=8859219639697771450 Definition of IEC Code IEC Code is unique 10 digit code issued by DGFT – Director General of Foreign Trade , Ministry of Commerce, GovernmentContinue reading “What is Importer Exporter Code Number”

HOW TO REDUCE THE TRADE DEFICIT

Three ways to reduce the trade deficit are: Consume less and save more. If US households or the government reduce consumption (businesses save more than they spend), imports will drop and less borrowing from abroad will be needed to pay for consumption. This means that consumption taxes—like those that nearly all other countries in the worldContinue reading “HOW TO REDUCE THE TRADE DEFICIT”

HOW TO EXPORT

Introduction India’s Foreign Trade i.e. Exports and Imports are regulated by Foreign Trade Policy notified by Central government in exercise of powers conferred by section 5 of foreign trade (Development and Regulation) Act 1992. Presently Foreign Trade Policy 2015-20 is effective from 1st April, 2015. As per FTD & R act, export is defined as an actContinue reading “HOW TO EXPORT”

Export Market of Indian Diamond

The gems and jewellery sector of India is amongst the largest in the world as it contributes almost 29 per cent of the total consumption. Our country is the most preferred country for export of gems and jewellery. Indians have always been connoisseurs of precious stones and ornaments. It has the largest diamond polishing and cuttingContinue reading “Export Market of Indian Diamond”

Documents required for import customs clearance

http://www.cybex.in/indian-custom-duty This is one of the important articles in export and import trade –What are the documents required for Import clearance? One of frequently asked questions is ‘documents required for import clearance’ Unlike other articles, I can not provide a ‘capsule’ solution on this article about documents required for import customs clearance. I will explain reasonContinue reading “Documents required for import customs clearance”