EPCG Scheme is an initiative by DGFT which allows duty-free import of capital goods and machinery for export purposes.
Understand all about international trade disputes to effectively tackle and maintain fair and smooth export-import activities globally.
Regional Comprehensive Economic Partnership is an agreement that aims to simplify the trading between some nations.
A Letter of Credit is a reliable financial tool used in international trade that guarantees payment to exporters once they meet specific terms.
Duty Credit Scrips can be used to pay import duties. You can transfer or sell them in case you don’t want these scrips.
RoDTEP refunds are based on FOB export value, with rates varying by product type and taxes/duties embedded during manufacturing.
Let us understand this approach better via an indirect export example.
If you are just beginning your international trading journey, you should first understand what is export promotion council for EOUs and SEZs.