Deemed Exporter and the Exporter – Product Plastic Bottles ABC (deemed exporter /trader / manufacturer of plastic bottles) supplies bottles to XYZ, an Exporting company executing under SEZ unit in India that is notified under Foreign Trade Policy (FTP) as eligible for deemed export treatment. Step-by-step Process of Deemed Exporter to the Exporting company Enquiry… Read More »
Government benefits for importers in India are primarily focused on reducing costs (duty exemption) and enhancing efficiency (trade facilitation). Most schemes are linked to a commitment to export, but some are standalone benefits for compliance and modernization. Here are the major government benefits available to importers: 1.Advance Authorisation (for Importing Inputs Duty-Free) What it offers:… Read More »
Points to Take Care of while Importing in to India Before importing one should take care of the below points for a fair and smooth import: Correct HS Code Classification The HS code determines duty rates and compliance requirements. A wrong HS code can either increase your costs or lead to customs objections. Example: Classifying… Read More »
Documents Required for COO It is important for the exporter to get clarity from the buyer (destination country) on when is the COO required, after shipment or before shipment. These documents are required for almost every CO application, regardless of whether it’s preferential or non-preferential, as they prove the commercial transaction and shipment details: Application… Read More »
Certificate of Origin (COO) What is a Certificate of Origin A Certificate of Origin (COO), often abbreviated as C/O, is an official document that certifies the country in which a product was wholly obtained, produced, manufactured, or processed. This certificate is required to accompany each shipment of the product or future shipment of the same… Read More »