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Introduction: Exports and imports are carried out by traders who are residents of different countries. Goods have to cross national frontiers and several types of physical and financial risks are to be faced. Laws and regulations of the exporting and importing countries are also to be observed. It is, therefore, very important that the parties to an export-import transaction put down the terms of agreement clearly to avoid misunderstanding and disputes. Further, in Indian context, an exporter is supposed to show a documentary proof of an export contract to secure special export facilities. In this unit, you will learn the nature of export sales contract and various provisions of Incoterms. You will also learn the methods of settlement of disputes.
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Export of Goods Under Bond Under Rule 13 : The exporters have been permitted to export the excisable goods without the payment of Central Excise duty. Exporters are required to
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Registration-cum-Membership Certificate: Any person, applying for a licence to import or export or for any other benefit or concession under this policy shall be required to finis
HIGHLIGHTS OF EXIM POLICY 1997-2002 : The new Exim Policy 1997-2002 aims at giving a major thrust to acceleration of India's exports through restructuring and revamping of var
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