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Showing posts from December, 2021

EXPORT TARGETS

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  EXPORT TARGETS Export target 400$

GOVERNMENT BENEFITS IN EXPORTS

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  GOVERNMENT BENEFITS IN EXPORTS  Government is focused to increase fast EXPORTS from INDIA and for that Govt. has initiated and helpful for fast time saving easy documentations processes . This is very convenient, easy,  time saving.  Early documents : As compared to previous history government has reduced too much lengthy documentation process and time reduction.  Maximum offline processes has transformed into online processes easily without going physically at sight. Before 5 to 10 years IEC took minimum 15 days. Now a days IEC get within 2 days.  For IEC www.dgft.gov.in For RCMC as requirements of products it is also get easier e.g. For Agricultural products RCMC/EPC  www.apeda.gov.in For Marine Products RCMC/EPC  www.mpeda.gov.in For FIEO    www.fieo.gov.in

LETTER OF CREDIT (L. C.)

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  LETTER OF CREDIT  (L. C.) SAFEST PAYMENT EXIM TERMS  L.C. (LETTER OF CREDIT ) WHICH L.C.? IRREVOCABLE L.C. THE BANK IS MEDIATOR BETWEEN BUYER AND SELLER  BANK TAKES GUARANTEE  IRREVOCABLE L.C. IS THE SAFEST PAYMENT TERMS WHERE BUYER HAS NOT RIGHTS TO CHANGE ANY DECISIONS BY HIS MARZI.  ONCE IRREVOCABLE L.C. IS CREDITED IN BANK BUYERS HAS NOT CHANCE TO CHANGE THE  EXIM TERMS. 

Types of payments terms in EXIM BUSINESS

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   Types of payments terms in EXIM BUSINESS UNSAFE PAYMENT TERMS  1. OPEN ACCOUNT TERM :  In this term buyer get chance to his marzi. He can do anything to your payments. NEVER ACCEPT THIS PAYMENT TERM. 2. (DP) DOCUMENTS AGAINST PAYMENT TERM : NEVER ACCEPT THIS PAYMENT TERM. In this term buyer will say send me scanned copy of  documents and if you send like his comments then you can get stuck. When you will send your products/things / container to the foreign port their custom will ask ORIGINAL DOCUMENTS TO FREE CONAINER FROM THAT PORT THEN WHAT WILL HELP GIVE. If he deny to accept the. You will be in. Trouble. So NEVER ACCEPT THIS PAYMENT TERMS.  SAFEST PAYMENT EXIM TERMS  L.C. (LETTER OF CREDIT) THIS IS ONE OF THE SAFEST PAYMENT TERMS IN EXIM BUSINESS. Bhaiyya pahle Paisa baad mein Maal. In this term BANK IS MEDIATOR BETWEEN BUYER AND SELLER. BANK WILL ACT AS GUARANTER BETWEEN BUYER AND SELLER.  T.T. (TELEGRAPHIC TRANSFER) SAFEST TERM OF L.C.  Bhaiyya pahle Paisa bank account mein ja

MUMBAI : WHY FRUTS AND VEGETABLES MOSTLY EXPORTED FROM MUMBAI MAHARASHTRA

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  MUMBAI : WHY FRUTS AND VEGETABLES MOSTLY EXPORTED FROM MUMBAI MAHARASHTRA  JNPT JAWAHARLAL NEHRU PORT TRUST KEY MAIN FASCILITIES AVAILABILITY  AVAILABILITY OF TIMELY FREQUENTLY ROAD RAILWAY SHIPPING LINES AIRWAYS BEST CONNECTIVITY AND AVAILABILITY  COLD STORAGE  PRE COOLING WARE HOUSING   Fruits and vegetables are very perishable products that should reach timely. That's why here are FASCILITIES are available that could give best performance to buyer.