iiiEM Blog

Import

Practical export-import articles from the iiiEM expert team.

Global Trade Is Shifting from Lowest Cost to Resilient Supply Chains: What Exporters and Importers Need to Know

Global Trade Is Shifting from Lowest Cost to Resilient Supply Chains: What Exporters and Importers Need to Know For years, many businesses designed their supply chains around one main question: Where can we source or ship at the lowest cost? That approach helped companies compete on price, but disruptions such as the COVID-19 pandemic, geopolitical… Read More »

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Why India Is a Uniquely Profitable Market for Chinese Imports?

Why India Is a Uniquely Profitable Market for Chinese Imports India has emerged as an attractive destination for Chinese products because of its large consumer base, growing industries, expanding e-commerce sector, and demand for affordable goods. From electronics and machinery to components, home products, and industrial equipment, Chinese imports support a wide range of Indian… Read More »

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Establishing Export Import Business
Export

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 »

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Establishing Export Import Business
Export

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 »

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HS Code in Export Import
Customs

What is H.S. Code in Export – Import Industry

We are unable to make people follow a uniform code of behavior or thinking or mannerism, here we talk of H.S. Code is being used in the same form, same fashion, and the same coding all across the World. The most structured, Uniform and systematic process is the International business! International Trade is the oldest… Read More »

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Which Mode of Transport is right in Export Import Business
Export

Which Mode of Transport is right in Export Import Business?

It is very crucial to understand and know what type of transportation will be cost effective and efficient. For international trade, mode of transport and distribution are been considered as the key factors. The choice would actually depend based on – Higher customer services Timely delivery schedules Lower logistics cost Proper inventory levels Import and… Read More »

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Demonetization Affecting India’s Export Import
Export

Demonetization Affecting India’s Export Import

Shall demonetization affect Export Import business in the current situation in India? How long will the Effect last? Growth of any Country depends up on its Export Import Trade. Indeed it is very crucial for India too. Especially after demonetization the Exports have slowed down due to currency crunch. True to its core that instability… Read More »

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