Author: Exim Tutor | Consultant

EximTutor.com is an Export Import Business Virtual Digital One-To-One Training Portal acting since 2008, providing EXIM Business Research Database Information & EXIM Help Desk to Global Exporters & Importers. EximTutor’s Import Export Live Training for starting new Import Export Business, Export Import Marketing And Documentations & Export Import Consultancy. Exim Tutor’s Training Program covers Topic : Starting Procedures of Exim Business, Market Development, Commercial Documentation, Techniques via Modern Trade Methodology, Trade Laws, Tariff Matters & Consultancy etc.

Feb 27

WTO’s Trade Facilitation Agreement enters into force

A major milestone for the global trading system was reached on February 22, 2017 when the first multilateral deal concluded in the 21-year-old history of the World Trade Organization (WTO) entered into force. In receiving four more ratifications for the Trade Facilitation Agreement (TFA), the WTO has obtained the two-thirds acceptance of the agreement from its 164 members needed to bring the TFA into force. Rwanda, Oman, Chad and Jordan submitted their instruments of acceptance to WTO Director-General, Mr Roberto Read Full Details…

Feb 01

Indirect Taxes Proposals Involving Change In Duty/Tax Rates: Customs & Excise Duty

PROPOSALS INVOLVING CHANGE IN DUTY / TAX RATES: CUSTOMS: Commodity Rate of Duty From To I. Incentivizing domestic value addition, ‘Make in India’ A. Reduction in Customs duty on inputs and raw materials to reduce costs Mineral fuels and Mineral oils 1. Liquefied Natural Gas BCD – 5% BCD – 2.5% Chemicals & Petrochemicals 2. Medium Quality Terephthalic Acid (MTA) & Qualified Terephthalic Acid (QTA) BCD – 7.5% BCD – 5% Metals 3. Nickel Read Full Details…

Feb 01

Highlights of Union Budget 2017-18

Budget Highlights (Key Features) Introduction In the last two and half years administration has moved from discretionary, favouritism based to system and transparency based Inflation brought under control. CPI-based inflation declined from 6% in July 2016 to 3.4% in December, 2016 Economy has moved on a high growth path. India’s Current Account Deficit declined from about 1% of GDP last year to 0.3% of GDP in the first half of2016-17. FDI grew 36% in H1 2016-17 over H1 2015-16, despite Read Full Details…

Jan 18

IEC Holder Seeks Modification – Amendment in Chapter 2 of the Handbook of Procedure (2015-20).

IEC holder seeks modification/change of Branch Office/Head Office/Registered Office address in its IEC and which involves a shift in its jurisdictional RA GOVERNMENT OF INDIA MINISTRY OF COMMERCE AND INDUSTRY DEPARTMENT OF COMMERCE DIRECTORATE GENERAL OF FOREIGN TRADE PUBLIC NOTICE NO. 54/(2015-2020) NEW DELHI: Dated the 11th January, 2017 Subject: – Amendment in Chapter 2 of the Handbook of Procedure (2015-20). In exercise of powers conferred under paragraph 2.04 of the Foreign Trade Policy, 2015-2020, the Director General of Foreign Read Full Details…

Nov 27

Abolition of Mate receipt

Circular No. 56/20 16-Customs F. No. 450/221/2014-Cus.IV Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs Room No. 227B, North Block, New Delhi, dated the 24th November, 2016 To, Principal Director General/Director General, Directorate of Revenue Intelligence All Principal Chief Commissioners/Chief Commissioners of Customs/Customs(Preventive) All Principal Chief Commissioners/Chief Commissioners of Customs & Central Excise All Principal Commissioners/Commissioners of Customs/Customs(Preventive) All Principal Commissioners/Commissioners of Customs & Central Excise Sir/Madam, Subject:- Abolition of Mate receipt-regarding Ministry Read Full Details…

Jul 16

DGFT highlights initiatives taken to boost Foreign Trade

The Director-General of Foreign Trade (DGFT), Dr Anup Wadhawan, interacted with exporters on the issues of Trading Across Borders and Foreign Trade Policy in an interactive session jointly organised by the Department of Industrial Policy and Promotion, CII and Fieo in Mumbai recently. The Joint Secretary, DIPP, Mr Shailendra Singh, Joint Secretary, Customs, Mr Satya Srinivas, and many other senior officers participated in the discussions. In response to questions raised by the exporters on the major initiatives taken by DGFT/Department Read Full Details…

Jun 25

Rate of Duty Drawback on Gold Jewellery and Silver Jewellery/Articles – Rate increased

GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No.-90/2016-CUSTOMS (N.T.) New Delhi, dated the 24th June, 2016 G.S.R. (E). – In exercise of the powers conferred by sub-section (2) of section 75 of the Customs Act, 1962 (52 of 1962), sub-section (2) of section 37 of the Central Excise Act, 1944 (1 of 1944), and section 93A read with sub-section (2) of section 94 of the Finance Act, 1994 (32 of 1994), read with rules 3 and 4 of Read Full Details…

Jun 24

Export Import – Exim Queries

Jun 14

Offering – Digital Self Learning Export Import – Exim Business Online Course

14th June 2016, New Delhi — Eximtutor.com is a best import export website, providing online digital self learning training course by methods Export Import Business Guide to New Exporters, Export Import Management Students of International Trade and Existing Exporter can take help from this course. We incorporated Technology and Business together in modern scenario. This is virtual learning system, Anybody Can Learn Anywhere in Anytime. How to Boost the Foreign Trade Growth Export Import Business Guide is one of those Read Full Details…

Apr 13

Introduction of definition of e-commerce in Foreign Trade Policy (2015-2020)

GOVERNMENT OF INDIA MINISTRY OF COMMERCE & INDUSTRY DEPARTMENT OF COMMERCE Notification No. 02/2015-20, New Delhi, Dated the 11th April, 2016 Subject: Introduction of definition of e- commerce in Foreign Trade Policy (2015-2020). S.O. (E): In exercise of powers conferred by Section 5 of FT (D&R) Act 1992, read with paragraph 1.02 of the Foreign Trade Policy, 2015-2020, as amended from to time, the General Government hereby introduce the definition of e-commerce in chapter 9 of the Foreign Trade Policy Read Full Details…