EPCG Scheme
The Export Promotion Capital Goods (EPCG) Scheme allows businesses to import capital goods at zero customs duty, subject to fulfilling a defined export obligation. It promotes technology upgradation and export competitiveness.
For More Information :https://www.ksvsolutions.co.in/epcg-scheme/
Advance Authorisation
The Advance Authorisation Scheme enables duty-free import of inputs required for manufacturing export products. These inputs include raw materials, consumables, and other items that are used or consumed during the production process. The scheme also accounts for wastage norms, ensuring that businesses can import sufficient quantities based on realistic manufacturing requirements.
For More Information :https://www.ksvsolutions.co.in/advance-authorisation/
IEC New/ IEC Update
New IEC Registration refers to obtaining an Import Export Code (IEC)—a unique 10-digit identification number issued by the Directorate General of Foreign Trade under the Ministry of Commerce & Industry.IEC Annual Update is a mandatory compliance requirement for all Importer Exporter Code (IEC) holders in India. As per the guidelines of the Directorate General of Foreign Trade, every business holding an IEC must update their details annually between 1st April and 30th June. Failure to complete the IEC update within the prescribed timeline may lead to deactivation of the IEC license, restricting import-export activities.
For More Information :https://www.ksvsolutions.co.in/iecs-new-iecs-update/
CERTIFICATE OF ORIGIN (COO)
A Certificate of Origin (COO) is an important trade document used in international shipments. It certifies the country where the goods have been manufactured or produced. Customs authorities across the world rely on this certificate to verify the origin of goods before allowing them to enter their country.
For More Information :https://www.ksvsolutions.co.in/certificate-of-origin-coo/
