TO BE PUBLISHED IN PART II, SECTION 3, SUB-SECTION (i) OF THE GAZETTE OF INDIA, EXTRAORDINARY] Notification No. 44/2014-Customs (ADD) G.S.R. (E). – Whereas, the designated authority, vide notification No. 15/3/2013- DGAD, dated the 9th April, 2013, published in the Gazette of India, Extraordinary, Part I, Section 1, had initiated a review in … Read more
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, PART-II, SECTION 3, SUB-SECTION (ii), EXTRAORDINARY] GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF EXCISE AND CUSTOMS Notification No.111/2014 – Customs (N.T.) DATED THE 20th November, 2014 29 Kartika, 1936(SAKA) S.O. (E). – In exercise of the powers conferred by section 14 … Read more
The Director General of Foreign Trade (DGFT) has issued the notification import of chemicals listed at Category 1A, 1B & 1C of Appendix 3 (SCOMET list) to Schedule 2 of ITC (HS). The notification makes it mandatory for the importers of chemicals listed at Category 1A, 1B & 1C of Appendix 3 (SCOMET list) to … Read more
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, New Delhi, the 17th November, 2014 No. 110 / 2014 – CUSTOMS (N.T.) Notes and conditions: (2) The General Rules for the Interpretation of the First Schedule to the said Customs Tariff Act, 1975 shall mutatis mutandis apply for … Read more
Following are some important point to become a successful merchant exporter. 1. Study the exporter product in detail. Exporter should have the details knowledge of the features of the products, its technical specification, a variety of the product and uses of the product. 2. The merchant exporter should evaluate the supplier/manufacture of in totality. He … Read more
Finding the international buyer is the challenging work for the new exporter. When the person is in export business; he is not only competing with other exporter of his country but; also the exporters of the other countries. There are the different methods of finding the international buyer; which are listed below: 2. Correspondence: Correspondence … Read more
TO BE PUBLISHED IN PART II, SECTION 3, SUB-SECTION (i) OF THE GAZETTE OF INDIA, EXTRAORDINARY] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 43/2014-Customs (ADD) New Delhi, the 30th September, 2014 G.S.R. (E). – Whereas, in the matter of Phenol (hereinafter referred to as the subject goods), falling under Chapter 29 of the … Read more
Price is the most important factor for the merchant exporter; as international market is most competitive market. In trading business you do not get what you deserve; but you get what you negotiate. It is very important that merchant exporter should develop the skill of negotiation for procurement of goods with competitive rate from the … Read more
“Merchant Exporter” means a person who is engaged in trading activity and exporting or intends to export the goods. Merchant exporters purchase the material from manufacturer and export the same. Manufacturing exporter means a person who manufactures the goods and export or intend to export the goods. The following points show the difference between the manufacture exporter and merchant exporter. … Read more
As we have seen in last article that merchant exporter if fully depends upon the manufacture for the goods. There are several problems to the merchant exporters for procurement of the goods, which are listed below: 1. Price Fluctuations : Issue: Merchant exporter quotes the overseas buyer after obtaining the rate from the manufacturer of … Read more