import export

India records highest ever exports in June Quarter

India records highest-ever exports in June quarter

Good news for Indian exporters as India records the highest-ever exports in June Quarter. This had been a significant victory for businesses having MSME Registration, APEDA Registration, and FIEO Registration. The reason is the government took many decisions and executed many plans to boost the export business. In this article, we will know about India … Read more

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

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

IEC Code Requires Renewal Every Year, else De-activated

IEC Code Requires Renewal Every Year, else Deactivated.

DGFT has issued a notification for applying, updating IEC (Now e-IEC). It is mandatory Every year from April to June even if, all details of IEC remain same all existing holders have to confirmed compulsory. Otherwise, IEC may be de-activated if not upgraded. In this article, we will discuss IEC Code Requires Renewal Every Year, … Read more

How To Start Import Export Business In India

How To Start Import Export Business In India

Commencing an Import-export business is one of the best approaches to attain your profit goals which are higher to do well in the international market. Selling the product in the domestic market may lead to getting a limited amount of profit margin. But practising the initiative to make a foothold in the international market needs … 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

DGFT issued a Notification for export of N-95 Mask

Notification for Export of N-95 Mask

DGFT has issued a notification removed export curbs on N-95 masks, to promote outbound shipments of the product. In this article, we will discuss on DGFT notification for export of N-95 mask Let’s summaries the Notifications issued:- Notification for Export of N-95 Mask The All India Mask Manufacturers Association urged the central government to exclude … Read more

DGFT Notify New Import Policy for LED products

The commerce ministry notifies new import policy for LED products and control gears for such items. Let’s summarise the Notifications issued:- DGFT Notification No 32/2015-2020 DGFT vide Notification No. 32/2015-2020 dated September 17, 2020, has provided for insertion of policy condition in chapter 85 and 94 of ITC (HS), 2017, Schedule -I (Import Policy) in … Read more