import-export code

India’s Exports Rise To $30.21 Billion In April

India's Exports Rise To $30.21 Billion In April

India has registered an export of $30.63 billion in April 2021 as compared to $10.63 billion in the same month of last year reflecting a growth rate of 195.72%. In terms of value in Rs, the total exports were Rs 2, 28,071.76 Crore in April 2021 as compared to Rs 78,951.41 Crore in April 2020. In … Read more

Exports Surge by Over 58% in March, Imports Rise 53%

Exports Surge by Over 58% in March, Imports Rise 53 %

India’s foreign trade sector plays a vital role in the growth of its economy. It ensures the highest quality of goods and services, increases competitiveness, generates employment, improves living standards, and earns valuable foreign exchange for the country.. In this article, we will discuss Exports Surge by Over 58% in March, Imports Rise 53%. Know … Read more

India’s Agriculture Export Subsidy Policies come under WTO lens

India’s agriculture export subsidy

As we know India’s farm subsidy policies appeared under the scanner at the World Trade Organization (WTO) during the country’s trade policy review (TPR), with fellows such as Canada, the US and Australia complaining that India has not proclaimed its agriculture export subsidies for more than eight years. In this article, we will discuss on … Read more

RoDTEP scheme gets implemented from Jan 1, 2021

RoDTEP Scheme gets implemented from Jan 1

Taking a major step to boost exports, CBIC issued the notification to extend the benefit of the scheme for Remission of Duties and Taxes on Exported Products. In this article, we will discuss on RoDTEP Scheme gets implemented from Jan 1. RoDTEP Scheme gets implemented from Jan 1 CBIC has announced the new scheme i.e … Read more

DGFT Issued a Notification for Export Policy of Onion

export policy of onion

DGFT has issued a notification relating to the export policy of onion with immediate effect. Let’s summaries the Notifications issued:- Notification for Export Policy of Onion The ministry of commerce industry has issued the notification  No. 31/2015-20 dated 14.09.2020 relating to the export policy of onion with immediate effect. Also allowed shipments of Bangalore rose … Read more

Procedure of Export Goods from India to Other Countries

export goods

Importing and Exporting are means of Foreign Trade. Foreign trade is carried out in goods and services – which covers imports, exports, and the balance of foreign trade – is presented separately for Export goods and services. In this article, we will discuss the Processing an Export Order in detail –  About Import Export Code … Read more

How to Start Export Business in India

Export business

India is amongst the world’s top nation’s leading the export of merchandise. With the progressed liberalization of trade by the Indian Government, there’s an abundant opportunity for establishing a profitable export business. Also, Exports promote international trade and stimulate domestic economic activity by creating employment, production, and revenues. In this article, we will discuss the … Read more

Government to Rise Import Duty on Solar Modules

rise Import Duty on solar modules

India’s government has now decided to rise Import Duty on Solar Modules. The government will impose 15-25% duty on solar gear imports from China. Importantly, this is to increase the nation’s independence of renewable energy sources and make it totally Atmanirbhar Bharat. How much rise in Import Duty on solar modules? As per the statement … Read more