Dec 26, 2023
Navigating the intricate landscape of international trade requires a profound understanding of customs duties—the taxes imposed on goods crossing borders. Far from mere bureaucratic procedures, customs duties play a pivotal role in shaping the cost structure of global...
Dec 23, 2023
In the dynamic world of international trade, understanding the nuances of shipping terms is crucial for seamless operations. Two terms that often perplex businesses engaged in global commerce are DDP (Delivered Duty Paid) and DAP (Delivered at Place). Let’s...
Dec 22, 2023
In the dynamic realm of global commerce, mastering Incoterms is not just a choice but a necessity for businesses engaging in international couriers. These International Commercial Terms, abbreviated as Incoterms, are standardized three-letter codes crafted by the...
Dec 21, 2023
In the ever-evolving landscape of commerce, packaging has transcended its utilitarian role to become a cornerstone of branding and product safeguarding. Today, your product’s packaging is a silent spokesperson, communicating volumes about your brand to...
Dec 21, 2023
If you’re eager to tap into India’s vast export market and contribute to the 18th-largest export economy globally, you’re in the right place. However, navigating the path to global markets involves complexities, legalities, and extensive...
Dec 12, 2023
In the intricate landscape of global trade, Anti-Dumping Duty (ADD) emerges as a financial safeguard of paramount complexity and importance. Navigating this terrain is crucial in the era of globalisation, where the seamless flow of goods across borders defines the...
Nov 30, 2023
In the fast-paced world of global eCommerce, the key to unlocking new markets lies in mastering the intricacies of cross-border customs clearance. Delayed shipments, unexpected costs, and goods seized at the border are nightmares that no business owner wants to face....
Nov 30, 2023
In 2022, India’s trade with China reached an unprecedented $135.98 billion, showcasing a robust economic relationship despite geopolitical tensions and the global pandemic. The thriving business extends beyond large corporations, with small businesses and...
Nov 30, 2023
In the era of international trade, the journey of imported goods is paved with various charges, and one that often takes businesses by surprise is the Social Welfare Surcharge (SWS). Unveiled in the Finance Budget of 2018, the SWS is not just another duty; it’s...
Nov 20, 2023
What is Customs Duty? Customs duty, also known as import duty or tariff, is a tax imposed by a government on the import or export of goods. It is a source of revenue for the government and is used to regulate trade, protect domestic industries, and control the flow of...