Well, this is one of the three compulsory documents required for exporting from India.The margins for selling goods procured in INR and sold in USD can be huge for any business.
In this era of borderless trade and globalisation, taking your business international is easier than you think.Well, you may be the expert in your market, but you should conduct in-depth market research of the market where you plan to export.
The COVID pandemic has changed the world around us and it will probably never be as it was be fore. However, the impact of Corona has changed the global perception towards Ayurveda and herbal medicines.
The Ministry of Commerce works towards reducing hurdles in exporting to ensure that a higher number of exporters can conduct their business with ease. The Indian government also rewards the exporters via several incentive schemes.
Ayurvedic drugs, on the other hand are regulated under the Drugs and CosmeticsAct, 1940 by the Drugs Controller General of India (DCGI).
Exports is a lucrative business avenue that can generate significant profits for your organisation. It can help you achieve new heights and expand your business beyond borders.
While exporting may be a lucrative business, it requires a high level of compliance since two countries are involved in the trade.
Duty Drawback incentives rebates Customs and Central Excise duties chargeable on any imported materials or excisable materials used in the manufacture of goods exported. The Indian Government is empowered
Exports in India are given top business priority and do qualify for a lot of incentives from the Government of India. The major problem lies in the process of realizing these incentives in a timely