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Finding international buyers for export business is the biggest challenge for exporters. While traditional methods like cold calling and trade fairs work, leveraging AI tools, web scraping, and digital marketing can help exporters connect with genuine buyers faster. In this guide, I’ll cover 12 proven methods to find export buyers using Google My Business (GMB)…
Export Promotion Councils (EPCs) play a crucial role in boosting India’s exports by supporting and guiding exporters. These councils work under the Ministry of Commerce and Industry and focus on specific sectors, providing assistance in market development, policy advocacy, and trade facilitation. In this guide, we will explore the list of all EPCs in India,…
An Importer-Exporter Code (IEC) is a crucial business identification number required for individuals and entities engaging in international trade in India. Issued by the Directorate General of Foreign Trade (DGFT), the IEC facilitates seamless import and export activities, ensuring compliance with the country’s regulatory framework. What are the Benefits of Obtaining an Import Export Code…
Geographical Indications (GI) tag products in india are distinctive signs used on products that have a specific geographical origin and possess qualities or a reputation inherent to that location. In India, the Geographical Indications of Goods (Registration and Protection) Act, 1999, governs the registration and protection of GI tags products in india. These tags play…
In international trade, having the right documents is very important to ensure goods move smoothly across borders. For exporters, knowing which documents are needed before and after shipping is essential to follow rules and make the trading process easy. This guide explains the key documents required at preshipment and post shipment statges, helping businesses understand…
In international trade, choosing the right payment terms is crucial for ensuring smooth transactions and minimizing financial risks for both exporters and importers. Exporters need to secure payments, while importers want to ensure that goods are delivered as expected. To achieve this balance, different payment terms are used to define the obligations and responsibilities of…
Exporting goods and services is a vital aspect of India’s economy, and understanding the Goods and Services Tax (GST) implications is crucial for exporters. This guide delves into the essentials of GST in exports, focusing on the Letter of Undertaking (LUT), Integrated Goods and Services Tax (IGST) refunds, and other pertinent features. Understanding Zero-Rated Supplies…
Incoterms, short for International Commercial Terms, are a set of globally recognized rules established by the International Chamber of Commerce (ICC). First introduced in 1936, these terms define the responsibilities of sellers and buyers in international trade transactions, specifying who is responsible for tasks such as shipping, insurance, documentation, and customs clearance. What Are Incoterms?…
The Remission of Duties and Taxes on Exported Products (RODTEP) scheme is an initiative by the Government of India to support exporters by refunding the embedded taxes and duties incurred during the manufacturing and export process. This scheme was introduced to replace the Merchandise Exports from India Scheme (MEIS) and aims to enhance the competitiveness…
The Duty Drawback Scheme is a government initiative in India that allows exporters to claim a refund on customs duties and taxes paid on imported inputs used in manufacturing export products. This helps reduce production costs and makes Indian goods more competitive in international markets. What is the Duty Drawback Scheme? The Duty Drawback Scheme…