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Albert  Mills

Albert Mills

Exporter
0 Followers

Advance Authorisation Scheme

Who is eligible for advance authorisation scheme?
From Malaysia
To Vietnam
Feb 15
2023
1
answer
Feb 15, 2023

Benefits of DGFT Advance License can be availed of by the manufacturer exporter or merchant exporter with link to the supporting manufacturer. It is also available to sub-contractors of projects where the name of the sub-contractor appears in the contract, in case of supply to the UN or other aid programs. Payment for such types of contracts must be received in freely convertible foreign exchange. It is issued for physical exports, including exports to SEZs, intermediate supplies, and supply of stores onboard vessels/aircraft, subject to conditions. Import of mandatory spares, if required to be provided with the exported item, is covered under the duty-free benefit to a maximum of 10% of the CIF value of authorization.

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Ex-Works Custom Clearance

Who handles the custom clearance procedure under Ex-Works?
From Germany
To Poland
Jan 26
2023
1
answer
Jan 26, 2023

Since, in the process under ex works, the entire responsibility for moving the goods from the beginning itself rests with the buyer, he remains liable for export as well as import customs clearance procedures. The seller at buyer’s request/demand may pick up few customs clearance proceedings but again at buyer's risk and cost.

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Documents for Bank Guarantee

What are the documents required for a bank guarantee?
From China
To Japan
Dec 21
2022
1
answer
Dec 21, 2022

If you hold a current account with a bank, you need to furnish the following documents to apply for a bank guarantee:

-An application form

-A bank guarantee letter

-A Stamp paper (as per the State Stamp Act)

-A resolution passed by the board of members in case of a public/private limited company

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From United States of America
To Canada
Dec 09
2022
1
answer
Dec 09, 2022

Reefer container is suitable for cargo that is temperature sensitive and requires refrigeration during the voyage. Considering it, a reefer container can be thought of like a refrigerator that can be taken across the route without spoiling the contents. It is a type of intermodal freight container of a refrigeration system. While being stationed on a land-based site, reefer containers need an external power supply. During transit, they can be powered by diesel generators. Reefer containers can achieve a temperature range of -65℃ to 40℃. In absence of an adequate heat ventilation system, reefers have a water cooling system that helps for venting heat. Reefers have changed the course of trade significantly as fresh goods can be shared with anyone in the world at any given time of the year. Reefers keep the perishable articles safe and transport them safely without changing the quality or quantity, to meet the demand.

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Connect with export houses

How can I get clients from abroad for my handcrafted footwear and accessories business?
From India
To United States of America
Dec 06
2022
1
answer
Dec 19, 2022

Actually, there are a lot of effective ways to get clients from abroad. First of all, most countries have various government offices to help with international expansion. In India,  there are multiple state and local government agencies that can provide assistance to India-based businesses of any size. These agencies offer free webinars and experienced trade specialists to help you get started. If you run into any challenges they are also great at leveraging “commercial diplomacy” to get items out of customs or tariff adjustments.

Another advice will be to take advantage of all socila media. Make sure you have a strong presence on all the major platforms including Instagram, Facebook, Twitter, Snapchat, etc., and constantly update your social media accounts with interesting and insightful posts. You need to create you’re based on each side, even if some social sites work better for others. 

But according to my own experience, I can strongly advice you to join global marketplaces, such as Export Portal for example,  and place there your items . These platforms allow you to access a ready-made, international audience of consumers. All you need to do is upload your products, select the relevant options, and you’re ready to go.

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