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Insights on finance, working capital, and the realities of international trade: exports, imports, shipping, logistics, and customs clearance.
Resource Library
How Bill Discounting Can Help Exporters Like You
Bill discounting is an arrangement that facilitates the inflow of working capital for exporters. Also known as invoice discounting or invoice factoring, such an arrangement can be made with a bank or a financial institution, where it releases funds to an exporter against the export invoice submitted.
RoSCTL Scheme | Benefits, How to Apply & More
With the much-loved MEIS on the way out, the government has announced a new export incentive for apparel exporters -- the Rebate of State & Central Taxes and Levies (RoSCTL) Scheme. Who is eligible for it, and how can you take advantage of its offerings? Read on to find out.
Duty Credit Scrips: Meaning & How to sell them
As an exporter, it is important to know any way you can save money or protect your working capital. One such method is by using duty scrips. Here's everything you need to know about them.
Bank Guarantee | Meaning, Process, Format & more
A bank guarantee is a financial instrument wherein a bank acts as the guarantor of the liabilities undertaken by the borrower/applicant. In other words, the bank agrees to pay the amount in case the borrower is not able to fulfil the conditions of the agreement.
What’s the Difference Between Export General Manifest and Shipping Bill?
Most entrepreneurs are keen to tap into the overseas market, not only for higher profits and to gauge where their products stand internationally but also for the incentives and subsidy sops offered by the the government.
Understanding Customs Sampling of Export Goods
Of the various activities carried out during the customs clearance phase, sampling, inspection, and examination are key. Sampling is carried out by customs in the case of both exports and imports.
Getting Your Business's Financial Projections Right
Before you actually seek financing for your export business, it is important to draft estimates of the various assets and liabilities you foresee having. These financial projections will help you make the most of your funds during regular operations, as well as prepare for worst-case scenarios.
Export Payment Terms - CAD, DP, DA, LC, OA & Advance Payments Test
In-depth coverage of the payment options, their benefits & limitations available to exporters. LC, OA (open account), CAD (cash against documents), DP, DA & more