Tag: AKTU MBA NOTES

Export house is mostly home-based organization, located in the manufacturer’s country, which is involved in the export of products that the manufacturer has produced. These …

Ministry of Commerce and industry This department was established in the year 1995, and in the year 2000 Department of Industrial Development was merged with …

An import/export business plan is important for defining your company’s present status and internal goals and commitment, but it is also required if you plan …

Import trade refers to the purchase of goods from a foreign country. The procedure for import trade differs from country to country depending upon the …

Under Duty Drawback Scheme, an exporter can opt for either All Industry Rate (AIR) of Duty Drawback Scheme or brand rate of Duty Drawback Scheme. …

Remission scheme includes: (i) Duty Drawback Scheme Various schemes like EOU, SEZ, DEEC, manufacture under bond, etc., are available to obtain inputs without payment of …

Letter of Credit A letter of credit is a letter from a bank guaranteeing that a buyer’s payment to a seller will be received on …

Exports are given priority in India and enjoy lot of incentives. However, the major problem lies in the process of realizing them. Unfortunately, exporters have …

There are many good reasons (or benefits) for exporting. These include the following: Increasing Sales Exporting is one way of increasing your sales potential; it …

Tax concession for export profits Finance (No. 2) Act, 1962 By way of Rebate of tax Section 2(5) of the Finance (No. 2) Act, 1962 …