Note: In case the supplier doesn’t charge the GST on Invoice, he will pay GST to Govt and he will only claim the refund. In this case, claiming GST will be on Supplier and we only need to take EPCG and Invalidation. Top DGFT Consultants Authors Bio:- Sudheer...

Norms Fixation & Headquarters: Every applicant should be aware that input/ goods which are imported are used for Export/output, according to SION, known as Standard Input Output Norms. When an export product doesn’t fall in place, the exporter can fix norms, and the manufacturer Exporter and merchant exporter can...

Objectives and results The creation of preserving and processing capacities and modernization or expansion of existing food-producing units helps in increasing the level of processing, adding values, and which helps in leading to reduction of food loss for creation or development of food processing and those who have preservation...

e-Registration Cum Membership Certificate (e-RCMC) A membership certificate issued for 5 years is known as Registration Cum Membership Certificate. It is issued by the commodity board of India or Export Promotional Councils. The RCMC is proof to show that any exporter has registered himself with a council. Previously, if...

What is Importer Exporter Code (IEC)? IEC is mandatory for import to India or export from India as it has the business identification number. Import Export license is one of such pre-requisite when you think of importing or exporting from India which is also known as the Importer Exporter...

Introduction A Certificate of Origin is a piece of document that acts as proof that states that the goods that were a part of a particular export shipment are fully obtained, produced, manufactured, or processed in a particular country. The certificate describes in which country the good or commodity...

Introduction And if you are one of those, who have no hint about the term ITC-HS Code, no problem you don’t have to take any stress as I will tell you everything about the code today. The term ITC-HS stands for Indian Trade Clarification based on Harmonized System of...

  Introduction Let’s start right from the beginning, for those who are unaware of the term IEC, let me tell you it stands for Importer Exporter Code. If you are someone who works in the field of import and export or is somewhat engaged in it by any chance,...

Introduction Today, we are going to ponder over the amendments that in chapter 5 of the “Exports Promotion Capital Goods” EPCG Scheme. You can give a quick read to the Para 5.15, 5.19A, 5.22 (a) and (b) of Chapter 5 in the EPCG Scheme of the Handbook of Procedures...

Introduction If you want to be a person who knows it all about the Exports Promotion Capital Goods (EPCG) Scheme especially if you want to learn how to reduce compliance burden and enhance the ease of doing business, then you must refer to the amendments present in chapter 5...