Export Import | What is Ex-Factory?
Understanding ex-factory is important if you are starting your export import business. Import export training institute explains the best on international trade. Join export and import training by Digital Exim and start your trade with expert guidance. Ex-Factory is the common delivery terms used in export and import. Ex- factory means the selling cost of goods from the seller’s factory. It […]
FIRC In Export And Import Business
FIRCs are important documents to own if you are a merchant or service exporter receiving international payments. Read on for more information. Know more about international business through import export training in India and start your business with us. Foreign exchange dealers in India (FEDAI) and the Reserve Bank of India (RBI) define FIRCs (Foreign Inward Remittance Certificates) as proof of foreign transfers to India. It […]
5 Major Differences between MEIS and RoDTEP Scheme of Export-Import
India has implemented different frameworks from time to time for the promotion of import-export services. Export Promotion Capital Goods (EPCG), Duty Drawback, Export Oriented Units (EOU), Special Economic Zones (SEZ), etc., are some of the structures. These schemes concentrate mainly on the rebate or repayment of the various taxes or duties applicable to exporters. These export promotion […]
