Advance Authorisation – Self Ratification Scheme
Introduction If you are keen to obtain a crystal clear understanding of the Self Ratification Scheme, then you can refer to Para 4.07A of Foreign Trade Policy (2015-2020). Any person can easily get all the nitty-gritty of the scheme through the FTP. What is the Self Ratification Scheme all...
Clubbing of Advance Licenses
Introduction By the term clubbing, you must have received an idea of what are we going to talk about today. Ladies and gentlemen we are going to spill the beans on the process of clubbing of the Advance Licenses. According to the data of the Directorate Foreign of General...
Revalidation of Advance License from DGFT
Revalidation of Advance License from DGFT What is an Advance License? An Advance License is a license that is sanctioned by the Directorate General of Foreign Trade (DGFT) to the exporter so that the licence holder can import raw material / components under duty exemption. The Advance License enables...
Export Obligation Period Extension of the Advance License
About Advance License Advance License enables the duty free import of inputs for manufacturing of export product. These inputs are physically included in the export. Besides all this, there are a few other materials such as fuel, oil, catalyst that are put to use to acquire the export product...
Procedure to Close Advance License
Procedure to Close Advance License About Advance License Scheme The Advance License Scheme was established by the government of India as a part of the Foreign Trade Policy to offer inputs and duty-free materials that are required to manufacture the export products. The government has previously launched various schemes...
Advance Authorisation Scheme and its Benefits in India.
Advance Authorisation Scheme and its Benefits in India. Import and Export is a wealthy field of business and if done right can make you millions, but it does have its drawbacks. The biggest setback is the rules/fees/authorizations, since you are doing business with another country, the Indian government has...
Why we need consultants for import and export services? Or Importance of import and export consultant
There are some ways to flee the import export consultant part, i am sure. But one should believe is that learning rather than running always works the simplest. Market is changing every single day, during this change we must advance. How? Through an endless process called ‘Learning’. Undoubtedly, Enrich...
What are the DGFT Services? Why do you need DGFT Services? What are the benefits?
When you are entering or thinking of entering into an import-export business, you ought to know about DGFT services. DGFT is solely responsible for the incorporation and implementation of the Foreign Trade Policy. The main objective is about promoting India in the export market. What exactly is DGFT? Stands...
What is Enrich Services? Why we need consultants for import and export services?
Enrich Services So, if you are looking forward to acquiring an import and export business, you should not have second thoughts in mind. The best way is to commence right away. It is one of the most profitable business to enhance your success in the foreign market, further maximising...