Practical export-import articles from the iiiEM expert team.
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 »
Understanding Advanced Authorization (AA) and Duty Free Import Authorization (DFIA) In international trade, reducing production costs and enhancing competitiveness are crucial for exporters. The Indian government offers schemes like Advanced Authorization (AA) and Duty-Free Import Authorization (DFIA) to facilitate duty-free import of raw materials, components, or capital goods required for manufacturing export products. These schemes… Read More »
Currently, the metal industry in India is booming, and it is an active exporter and importer of metals like lead, aluminum, zinc and copper. Scrap imports has increased by 35 per cent in the first half this year to 3.87 million ton. India does not only import metal scraps. Even non-metal scraps are being imported. India is the… Read More »
GST 2.0: A Game-Changer for India’s Importer and Exporter. On September 22, 2025, India ushered in a transformative phase of its Goods and Services Tax (GST) system—dubbed GST 2.0—just in time for the festive season. This comprehensive overhaul aims to simplify the tax structure, reduce prices, and stimulate consumer spending across the nation. Exporters:… Read More »
India’s Transformation – From Importer to Global Exporter India’s export journey has seen a remarkable transformation over the past few decades. Once heavily reliant on imports for essential goods like electronics, defense equipment, processed foods, and machinery, India is now emerging as a global exporter in these very sectors. Over the past decades, India has… Read More »
A Business Name is of utmost importance, especially in Export Import Business. One must be careful and thoughtful in choosing a name. The name of your business needs to be attractive, pleasant to speak and hear, meaningful, purposeful as a business. When one does business in foreign market, one needs to be strategic in short… Read More »
India is getting ready to step into a new era of economic growth. Technology is changing how Indian businesses trade with other countries. This blog talks about how technology is making import-export processes easier and creating new chances for Indian companies. The Current State of Indian Trade Import-export is very important for India’s economy. It… Read More »
In the dynamic world of international trade, choosing the right market for your export-import business is a strategic decision that requires careful consideration of various factors. Whether you are a seasoned exporter looking to expand your reach or a newcomer exploring global opportunities, the success of your venture hinges on selecting the right market. In… Read More »
Whenever you’re dealing with any commercial goods, whether you’re bringing them into a country or sending them out, you have to go through a process called customs clearance. In a nutshell, it’s like getting permission from the government to move your stuff in or out of the country. Now, this customs clearance thing involves a… Read More »
In today’s global business world, sending effective emails has become crucial for success. Writing compelling and influential emails is no longer just a formality; it’s a vital skill that can greatly affect a company’s growth and profitability. As the world becomes more interconnected, with diverse cultures and languages coming together, poorly written emails can hurt… Read More »
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