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Are you itching to launch your campaign and conquer every corner of the world with your products? Before enjoying the fruits of international trading, you must consider the opponents in your path. Navigating complex regulations, securing licenses, dealing with currency fluctuations, and managing logistics costs are just some of the
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Export incentive schemes are financial benefits that the government offers to exporters in order to promote their business. These incentives mainly aim to help businesses compete in global markets and bring foreign currency into the country.
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Let’s assume your IEC has been created. How do you download it? That’s what we are going to deal with. So, let’s jump in.
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You will receive foreign payments if you engage in international trade. But you can’t just go around with all that money without letting the authorities know how you got it, right? That’s where the e-BRC comes into play. It acts as proof of you receiving the funds in
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When it comes to expanding a business, going international can be a very lucrative option. But before you go eyeing the global cake, you need to be wary of many regulations and compliances. The IEC, aka the Importer-Exporter Code, is a prerequisite you must deal with before you can set
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To start an export business, you need an IEC, which requires registration with the DGFT. If you already have an IEC, linking it with the DGFT allows you to access additional benefits such as self-eBRC, incentive claims, and IRM/ORM tracking. The DGFT, aka, the Directorate General of Foreign Trade,
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