Industry Basics
Duty Drawback: Procedure and Exceptions
Duty drawback can help exporters claim refund on eligible items within a prescribed time. Availing the benefits of such schemes can help in...
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Trade News
Indian Economy Outlook – October 2022
Economies all over the world have adapted to external developments. It is difficult to predict the future as capitalism remains the longest...
Industry Basics
Free Trade Agreements – Importance and Advantages
Exporters favour FTAs to multiparty trade agreements because they get preferential treatment over non-FTA member country competitors.
Expert Speak
DESH Bill to Infuse Life in SEZs
As per a statement by India’s Revenue Secretary, 50% SEZ units are lying vacant and a large proportion of the units in SEZs have expressed i...
Industry Basics
On-time In-full: An Essential Supply Chain Metric
Strong OTIF strategies lay the foundation for better cooperation among all the supply chain participants. If everyone is on the same page wi...
Guides
Incoterms®: Ex Works - Cogoport
Established importers set up offices in their export country for ease of handling their shipments. The buyer may opt for Ex Works if they ar...
Guides
Incoterms®: Free Carrier (Place) - Cogoport
FCA can be a useful Incoterm® for purchasers who frequently acquire containerized goods and who have a reputable third-party logistics provi...
Guides
Incoterms®: Free Alongside Ship (Port)
FAS has its roots in the era of sail-powered shipping. Nowadays, FAS is solely utilised for inland canal shipments and sea freight.
Guides
Incoterms® FOB: Free on Board Simplified
FOB Incoterm® is also the most economical choice because it provides the buyer the freedom to compare shipping costs.
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