Tag Archives: export import business

How to send Samples to a Foreign Buyer

  Sampling is the first step ahead on the journey of Exporting! As a professional working in the Foreign Trade Industry I have witnessed a lot of fresh exporters bogged down with a lot of doubts, worries and concerns about sending out samples to another Country, before the buyer finalizes it.  As soon as they… Read More »

The Proforma Invoice: Defining Legality, Agreement, and Cost | Part 2

  In part 1, fourteen steps were described for exporters to follow that will help them maximize the likelihood of a prosperous export deal. In this post, two more of those steps are discussed in more depth.   The Value of a Termination Date You need to ensure that your sales quotation or proforma invoice… Read More »

Steps to Follow for Securing the Sales Offer–Must Read for Exporters PART – 1

A sale oftentimes begins when a business receives an offer from a potential buyer. It is through a quotation or a proforma invoice that most of the exporters reply with. Sadly, businesses too often answer to these requests without much consideration, which at times result in difficulties down the road, especially if this offer holds… Read More »

Step-by-Step Guide to Establishing Export-Import Business- PART 3

In continuation of PART 2, below are the last five formalities to meet to establish export import business. Registration with ECGC The exporter should also register with Export Credit and Guarantee Corporation of India (ECGC) to adjust some export payments against political and commercial chances. It also helps to get financial assistance from commercial banks… Read More »

Step-by-Step Guide to Establishing Export-Import Business- PART 2

In continuation of PART 1, below are other formalities to meet to establish your export import business. Registration with Sales Tax Authorities Exporter need not pay sales tax meant for export while making purchases. For availing the benefit, the firm has to register with sales tax authorities and secure sales tax number. Exporter/purchaser has to… Read More »