LUT under GST – All Exporters Must Know This The goods and services tax (GST) is a type of tax levied on most goods and services sold for domestic consumption in many countries. It is paid by consumers and remitted to the government by the businesses selling the goods and services. What is LUT in… Read More »
Choosing the Right Customs House agent and Freight Forwarder Choosing the right Customs House Agent (CHA) and Freight Forwarder is one of the most critical decisions for any exporter, as it directly influences the smooth and timely execution of international shipments. A competent CHA ensures accurate documentation, compliance with customs regulations, quick clearance, and avoidance… Read More »
A Customs House Agent (CHA) — now officially referred to as a Customs Broker in India — is a licensed professional authorized by the Indian Customs Department to act on behalf of importers and exporters for clearance of goods through customs. Why a CHA is Important for Businesses Import–export procedures are highly technical, involve legal… Read More »
A Freight Forwarder is a logistics specialist or service provider who arranges the movement of goods from the exporter’s location to the buyer’s final destination. They act as a bridge between exporters and various transportation/logistics channels such as shipping lines, airlines, trucking companies, customs agents, warehousing operators, etc.They do not usually own vessels or aircraft;… Read More »
India’s Free Trade Agreements (FTA) An FTA is a legally binding pact that creates a free-trade area where member countries agree to give preferential treatment to each other’s goods and services compared to those from countries outside the agreement. The Core Mechanism: Eliminating Trade Barriers The most significant aspect of an FTA is the removal… Read More »