International Trade ( Imports / Exports)

Advising clients on the following aspects of international business:

  • Import and Export procedures.
  • Export documentation, Letters of Credit and contracts with special emphasis on compliance with UCP600, INCO Terms and International Standard Banking Practices.
  • Helping secure export credit insurance cover from ECGC / other export credit insurance agencies.

  • Technical problems related to customs clearance of import and export cargo and obtaining Duty Drawback benefits & Authorized Economic Operator status.
  • Foreign Trade Policy and other matters related to Directorate General of Foreign Trade (DGFT) with special emphasis on the following areas:

    • Chapter 3 incentives like Merchandise Export from India Scheme (MEIS).
    • Advance Authorisation/ Duty Free Import Authorisation.
    • Export Promotion Capital Goods Scheme.
    • Deemed Export benefits under Chapter 7.
  • Policy advocacy to arrange coverage of products under industry specific specialized incentive schemes like MEIS or schemes meant to boost exports of a particular industry.
  • Matters related to Foreign Exchange Management Act (FEMA) and Reserve Bank of India.

    • Compliance with FEMA provisions on imports/exports.
    • Remedial action in cases of default.