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Insights on finance, working capital, and the realities of international trade: exports, imports, shipping, logistics, and customs clearance.
Resource Library
What is HSN Code and Its Importance for Global Trade | Drip Capital
Discover the role of HSN Codes in global trade and GST. Learn how they simplify classification, ensure compliance, and streamline customs processes.
Understanding Credit Guarantee Fund Trust for Micro and Small Enterprises
In August of 2000, the Government of India and the Small Industries Development Bank of India (SIDBI) formally launched the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) scheme. The funds for the CGTMSE scheme are contributed by the Government and the SIDBI in a ratio of 4:1, respectively.
Bill Of Exchange | Meaning, Format & Types
A bill of exchange is a document or a legally binding agreement negotiable instrument binding one party (buyer) to pay a fixed amount on demand or at a predetermined date to another party.
What You Need to Know About Air IGM
IGM or Import General Manifest is a legal document containing information about the cargo arriving at the destination port. The airlines carrying the shipment or the broker must file the Air IGM against the master airway bills on ICEGATE (Indian Customs and Central Excise Electronic Commerce/Electronic Data Interchange).
What is a Top Open Container? Types, Designs, Specifications & Dimensions
The basic structure of shipping containers is much more significant than what many people may think. That’s because factors such as the safety of goods being carried, the quantity of goods that can be accommodated, and others depend heavily on it. Essentially, there are several types of cargo containers.
Landed Cost | Definition, Calculation, Formula & Price
A landed cost or landed price is the total cost sustained while transporting a product from the supplier to its intended destination.The landed cost is calculated per unit and reflects the total cost of each unit instead of the entire shipment.
RCMC - Meaning, Registration Process & More
While not a prerequisite for running an export business, getting a Registration Cum Membership Certificate (RCMC) from FIEO or your relevant Export Promotion Council (EPC) can unlock a lot of benefits for your business. Read this blog to learn how to apply online, documents required, tips to make the most of your RCMC registration and more.
Export Finance - Why is it required, Sources & Types
Business operations of any kind require capital, and in the export business, especially for small companies, finding financing can be a daunting task. From banks to NBFCs, loans to invoice financing, there are a variety of sources and tools for export financing. Here's what you need to know.