General
I. Export / Import advisory services:
Export is one of the most lucrative business activities which can earn foreign reserve for any country. Following are some of the benefits in India while carrying export related activities.
- Incentives from Government such as, income from export being fully exempted from income tax act.
- Refund of central customs and excise duty under Duty Draw back scheme.
- Export credit availability from various institutions at concession rate of interest, export insurances and other external trade benefits.
Enthusiastic entrepreneurs are bitten by export bug because they bite off more than they can chew. Hence they need know how on selling, Promptness, Pricing, Knowledge of International standard and many other parameters to face global competition. Needless to say, virtual effective communication and external trade skill are imperative.
We provide general advisory services for exports / imports, (country wise and commodity wise), Documentation and Formalities, in your quest for external Trade opportunities by clicking the below link.
II. IEC, Export / Import licensing services:
No export or import shall be made by any person without an Importer-Exporter Code (IEC) Number. IEC shall be granted on application to the competent authority, for which we will extend our service to obtain an IEC code.
III. Advisory services of export / import policies and procedures:
All sovereign nations have their own foreign trade policies which are amended from time to time by the respective Governments keeping global competition and other factors in view. The amendments carried on our foreign trade policies and procedures are studied and analyzed by our expert team and shall be interpreted to our clients to carry their external trade promotional activities seamlessly.
IV. Assistance to source for buyers / indenting agents, joint ventures, tie ups, and buy back arrangements:
Our strong trade opportunity net work shall assist you in identifying buyers, depending on your requirements. We extend our service for your future endeavors that may be Joint ventures or tie ups or any buy back negotiations.
V. Procurement of overseas orders:
We can proceed and negotiate with the buyer on behalf of your firm to procure orders by effective communication
VI. Export pricing:
Export pricing is different from export costing; price is that what we offer to our customers while cost is that what we incur for our products. Export pricing is the most important tool for promoting sales in the light of international competition. The competitive price is worked by considering export benefits and expenses incurred, combined with our marginal token fee.
Documentation Services
I. Excise rebate claim on exports
Refund of central excise and customs duty on exports can be made under the duty draw back scheme. The draw back payment procedures can be under taken by us.
II. Duty exemption scheme
Duty Exemption Schemes enable duty free import of inputs required for export production; an advance Authorization / Advance Intermediate Authorization is issued to allow duty free import of inputs. We can extend our service for claiming the benefits.
III DEPB - Duty Entitlement Pass Book scheme
Duty Entitlement Pass Book (DEPB) compensates the Customs duty on the import content of the export product. Here an exporter may apply for credit, as a specified percentage of FOB value of exports, made in freely convertible currency. We can extend our service for claiming the benefits.
IV. DFIA - Duty free import authorization
Under this scheme, duty free imports of inputs are authorized for the manufacturing of export products. This authorization can be issued on the basis of imports and export items under the provisions of Standard input and out put norms, and this scheme is amended as the replacement of DFRC
V. EPCG - Export Promotion of Capital goods
This scheme provides certain authorization for the import of capital goods to pre and post production units having export obligation (with in 8 years of issuance of this authorization) equivalent to 8 times of duty saved on the imported capital goods. We can extend our service for claiming the benefits.
VI. Assist to claim all other export / Import incentives and subsidies.
Custom make things easy. Our team can extend all possible services to process your claim pertaining to export / import incentives and subsidies offered by various Government authorities / trade promotional councils, import of raw materials under various schemes of Ministry of commerce and certain specific items under the norms.
VII. SFIS - Served from India Scheme
Under this scheme, world wide service providers from India earning foreign exchange can become Star Service Export House, get duty free import license, and can get EPCG license for import of capital goods and many other benefits under the policy. We help to boost your service and FOREX earnings by our incessant campaign and also extend our service for claiming the benefits
VIII. FMS - Focus Market scheme
Focus market scheme will offset the high freight cost and ease the impediments in external trade by contemplating our emphasis on selected countries. Export of all products to the notified countries shall be entitled for duty credit scrip equivalent to 2.5% of the FOB value of exports for each licensing year. The Duty credit scrip may be used for import of inputs or goods including capital goods provided the same is freely importable. We can extend our service for claiming the benefits.
IX. FPS - Focus Product Scheme
Focus product scheme helps to yield incentives for the export of products having high employment intensity in rural and semi urban areas. Export of these notified products to all countries shall be entitled for duty credit scrip equivalent to 2.5 % of the FOB value of the exports for each licensing year. However, only 50 % of these export value is eligible for this benefit. The Duty Credit may be used for import of inputs or goods including capital goods; provided the same is freely importable, we will extend our service for claiming the benefits
X. Vishesh Krishi Gram Upaj Yojana (VKGUY)Meant to promote the exports of:
Agricultural products and their Value added products, Minor Forestry products and their value added products, Gram Udyog Products;, for this ,duty credit scrip equivalent to 5% of the FOB value of exports will be entitled with an aim to compensate the high transport costs of notified products. The scrip and the items imported against it would be freely transferable. We can extend our service for claiming the benefits
XI. Arranging insurance and settlement of claims
Various types of risks involved in international trade are Commercial risk, Political risk, risk arising out of foreign law, Cargo risk, Credit risk and Exchange fluctuation risk. These risks are covered by various Foreign Trade insurance schemes under their permissible norms. Our team can assist you to arrange for insurance and also to claim in the event of any loss that may be incurred
Research Activities
I. Country research
Our study team can analyze various country factors to explore the possibilities for trade negotiations for those clients wanting to concentrate on a given country to boost Focus Market scheme.
II. Commodity research
Our study team can explore the possibilities of export / import of a particular commodity and open the global village door to Large, Medium, Small, and tiny manufacturers for trade negotiations to those clients wanting to concentrate on a particular commodity