Phytosanitary Certificate for Export

Phytosanitary Certificate for Export The Phytosanitary Certificate (PSC) is an official document required for exporting/re-exporting plants, plant products, or other regulated articles. PSC is issued to indicate that the consignments meet specified Phytosanitary import requirements of importing countries. The Ministry…

Shellac Export Promotion Council

Shellac Export Promotion Council India produces different kinds of non-timber forest and agricultural products abbreviated as NTFPs. It exports these products to various destinations on a global scale. The organization responsible for carrying out the export of these materials is…

Pharmaceuticals Export Promotion Council of India

Pharmaceuticals Export Promotion Council of India India ranks third in the manufacture and export of pharmaceutical products. Considering the vast potential and global demand for pharmaceutical products, the Ministry of Commerce and Industry, Government of India, established the Pharmaceuticals Export…

Export Quality Control and Inspection Act

Export Quality Control and Inspection Act The Export Quality Control and Inspection Act were enacted in the year 1963 to improve the overseas trade of India through quality management, assessment, and other matters. This Act has undergone many changes as…

Open General Export Licences

Open General Export Licences (OGELs) The Hon'ble Defence Minister of India, Shri. Rajnath Singh has recently approved two Open General Export Licences (OGELs) for defense exports of specific components to selective countries. What is OGEL? The open General Licence is…

Verification of IGST Refund

Verification of IGST Refund As we know, under Goods and Service Tax, export is considered as ‘zero-rated supply’. Any registered person making ‘zero-rated supply’ shall be eligible to claim a refund of IGST by adopting any one of the below…

Shipping Bill and Revised Shipping Bill Format

Shipping Bill and Revised Shipping Bill Format Every exporter who is willing to export goods is required to file a shipping bill. To obtain customs clearance, the exporter is required to prepare the shipping bill. The shipping bill/bill of export…

Pre-shipment Credit in Foreign Currency (PCFC)

Pre-shipment Credit in Foreign Currency (PCFC) When an advance or a loan is granted, or another form of credit is provided by a bank to an exporter to finance the purchase, processing, manufacturing, or packaging of goods before a shipment…

Trade Infrastructure for Export Scheme

Trade Infrastructure for Export Scheme After the Assistance to States for Development of Export Infrastructure and Allied Activities (ASIDE) Scheme in 2015, the State Governments have urged and requested the Centre to create export infrastructure. The support from the Central…