Reciprocal Tariff A reciprocal tariff is a tax or trade restriction that one country places on another in response to similar actions taken by that country. The idea behind reciprocal tariffs is to create balance in trade between nations. If one country raises tariffs on goods from another, the affected country might respond by imposing… Read More »
We come with a list of very common spices that are used in Indian foods and all over the country very popularly. However the listed spices are not native to India. These spices have come to India through the explorers, voyagers, invaders and settlers in India from as far as Europe to Middle Eastern Countries.… Read More »
In India, an export license is a document issued by the Directorate General of Foreign Trade (DGFT) that authorizes the export of specific goods, particularly those classified as “restricted” under the Indian Trade Classification (ITC) system Purpose: An export license is a formal permission granted by the government to allow businesses to export certain goods… Read More »
Pre-Shipment Documents for Exporting from India “Pre-shipment” generally refers to the period before goods are physically shipped, encompassing activities like financing, quality control, and preparation for transport. Preparing your goods for export from India involves a detailed process, and ensuring you have all the necessary pre-shipment documents is critical. These documents facilitate smoother shipping and… Read More »
In Domestic or International Businesses, both Supply Chain Management and Logistics are an integral part of the business. Here we explain the both. Supply Chain Management Supply chain management means streamlining all the activities involved in the production of goods, from obtaining the raw materials to transporting the finished goods to the end-user. It uses… Read More »