Rajkot's Foremost Export-Import Training Provider
Rajkot's Foremost Export-Import Training Provider
Import business offers a unique opportunity for students to explore the global market and tap into a world of possibilities. With the increasing ease of online transactions and global connectivity, students can leverage their knowledge and skills to source products from diverse international markets. By understanding import procedures, regulations, and logistics, students can efficiently navigate the complexities of international trade. This empowers them to build profitable ventures, expand their horizons, and contribute to the global economy.
A Letter of Credit (LC) is a document that guarantees the buyer's payment to the sellers. It is issued by a bank and ensures timely and full payment to the seller. If the buyer is unable to make such a payment, the bank covers the full or the remaining amount on behalf of the buyer.
You will need this to apply for Importer Exporter Code (IEC) on DGFT Portal.
Specific document requirements for export may vary depending on the country of export, the country of import and the type of goods being exported. However, some common documents that are often required are given here.
ECGC Limited, a government-owned company, classifies countries based on their political and economic risk. This classification helps exporters assess the risk associated with exporting to a particular country.
The MSME E-commerce Export Handbook, released by the Directorate General of Foreign Trade (DGFT), is a comprehensive guide designed to assist Micro, Small, and Medium Enterprises (MSMEs) in venturing into the world of cross-border e-commerce.
