Post by: Bennisha in Import - Export
Import of Goods Through Post The Postal Department provides the import and export of goods by post through its Sub-Foreign Post Offices and Foreign Post Offices. Customs facilities for assessment, examination, clearance, etc., are available at these Post Offices. Limited…
Post by: Bennisha in Import - Export
Letter of Credit (LC) A Letter of Credit (LC) is a document that guarantees the buyer’s payment to the sellers. Businesses widely use this assured form of payment in trade transactions. It is issued by a bank and ensures timely…
Post by: Bennisha in Import - Export
Provisional Assessment of Import Export Once the Bill of Entry or the Shipping Bill comprising all the relevant information/ details and all the appropriate documents are submitted, the duty leviable on the imported goods and exports will be assessed by…
