The United States has been among India’s largest economic benefactors for decades, and India-American trade has come a very long way since then. Indian exporters are, however, getting badly hit because of America’s tariffs against India. The implications of the tariffs are problematic until 2025, shaping trade policies and business strategies. Latest Update Apr 10,...
India, as a responsible player in the global trade community, has built a strong export control regime to protect sensitive goods, technologies, and materials from being misused or diverted to unwanted ends. Underpinning this regulatory environment is SCOMET-a central compliance instrument that all exporters handling dual-use or strategic items need to grasp and comply with....
What is ICEGATE? Indian Customs Electronic Gateway (ICEGATE) is the national portal of Indian Customs governed by the Central Board of Indirect Taxes and Customs (CBIC). It is an online portal that provides e-filling services to the Trade, Cargo Carriers and other Trading Partners electronically. Presently 304,894 users are registered with ICEGATE. ICEGATE is a...
Understanding e-BRC: A Vital Document for Exporters An Electronic Bank Realisation Certificate (e-BRC) is an essential digital document for export businesses. Issued by a bank, the e-BRC serves as confirmation that the exporter has received payment from the buyer for the exported goods or services. The details provided in the E-BRC or BRC are important...
Hello Friends, As you may be aware, DGFT has reclassified the import of laptops, tablets, all-in-one personal computers, ultra-small form factor computers, and servers falling under HSN 8741 from “Free” to “Restricted” category. This move has been undertaken to promote domestic manufacturing. This means that now the import of these products into India will require...
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