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20Sep-23

RCMC ( Registration Cum Membership Certificate)

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A Registration cum Membership Certificate (RCMC) is a document issued by the Export Promotion Council (EPC) or other relevant authorities in India to exporters. The RCMC serves as proof of registration with the EPC and membership in the council, which represents the interests of exporters in various industries. To obtain an RCMC, an exporter must apply to the relevant EPC and provide information about their business, such as the nature of their export activities, the products they export, and their export turnover. The EPC will review the application and issue the RCMC if the exporter meets the criteria for membership. The RCMC typically includes information such as the exporter's name, address, and contact details, as well as the period of validity of the certificate. The RCMC may also include details about the products or services that the exporter is authorized to export. The RCMC is an important document for exporters as it...
20Sep-23

FREE SALE LICENSE

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A free sale license, also known as a certificate of free sale, is a document that certifies that a particular product is legally sold in the country where it is manufactured and is considered safe for public consumption. The purpose of this license is to allow manufacturers and exporters to prove to foreign regulatory authorities that their product is in compliance with local laws and regulations. A free sale license is typically issued by the government of the country where the product is manufactured. The license may be required by foreign countries as part of the import process for certain types of products, such as pharmaceuticals, medical devices, or food and beverage items. The license serves as proof that the product has been inspected and tested and meets all safety and quality standards. Obtaining a free sale license may involve submitting an application to the appropriate government agency, providing documentation such...
20Sep-23

DDP SERVICES (Delivery Duty Paid Services)

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Delivery duty services refer to a type of service that is commonly used in international shipping. When goods are shipped from one country to another, there are often import taxes, duties, and fees that must be paid to the destination country's customs agency. These fees are usually paid by the recipient of the goods, and can sometimes be quite substantial, depending on the value of the items being shipped and the tax laws of the destination country. Delivery duty services are offered by shipping companies to help simplify the process of importing goods into a foreign country. With these services, the shipping company takes care of paying any import duties or taxes on behalf of the recipient. This means that the recipient doesn't have to worry about navigating the often complicated customs process or paying unexpected fees when the goods arrive. When using delivery duty services, the shipping company will typically...
20Sep-23

AD Code ( Authorized Dealer Code)

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An AD Code is a 14-digit code, which is given by the bank where the exporter maintains a business current account. The first four digits of the code represent the bank code, the next four digits represent the branch code, and the last six digits represent the unique account number of the authorised dealer. This code, printed with the bank letterhead, can be obtained after the exporter has registered for an Import Export Code (IEC) by the Director General of Foreign Trade (DGFT). The Reserve Bank of India (RBI) issues AD Codes to authorised dealers to facilitate their foreign exchange transactions. AD Codes are necessary for all foreign exchange transactions, including imports, exports, and remittances. Entities that need to engage in foreign exchange transactions in India, such as importers, exporters, and individuals, need to provide the AD Code of the authorized dealer they are transacting with to complete the transaction. The AD Code helps...

break bulk vessel
22May-23

Unleashing the Power of the Break Bulk Vessel: Changing the Face of Maritime Shipping

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Introduction: Unraveling the Mysteries of the Break Bulk Vessel Imagine a bustling port with massive cranes heaving over ships, offloading a dazzling array of cargo. Amid this melee, one ship stands apart - the Break Bulk Vessel. What makes it unique? How does it shape maritime shipping? Well, it's high time we set sail on this enlightening voyage! The Break Bulk Vessel - The Backbone of Global Trade What's in a Name: Decoding 'Break Bulk' The term 'break bulk' comes from the phrase 'breaking bulk,' an old shipping expression referring to the act of extracting a portion of a ship's cargo to make it lighter. Now, ain't that an interesting start? Understanding the Design Breaking it down, the break bulk vessel is specifically designed to handle cargo that doesn't conform to standard shipping container sizes. These hardy vessels are equipped with large cargo holds and onboard cranes for loading and unloading goods - from bags...

Cargo Courier Services
15May-23

A Comprehensive Guide to Cargo Courier Services: Sending Your Freight with Confidence

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Introduction Welcome aboard! We're setting sail into the vast sea of "cargo courier services". Fasten your seat belts because this journey will take us through different types of courier services, their benefits, and how to select the best for your business. Cargo Courier Services: The Lifeblood of Global Trade You might be wondering, what exactly are cargo courier services? Simply put, they handle the delivery of cargo, or freight, from one location to another. The Logistics of Cargo Courier Services and Cargo Courier Types: A Broad Spectrum will give you more in-depth information. The Logistics of Cargo Courier Services These services work as the middlemen between senders and receivers. They're responsible for Picking Up the Cargo, Cargo Packaging and Storage, Transit and finally, Delivery. Picking Up the Cargo This is where it all begins. The courier service collects the freight from the sender's location, ensuring it is properly prepared for transit. Cargo Packaging and Storage Once...

Break Bulk
12May-23

Breaking Down ‘Break Bulk’: A Deep Dive into the Logistics Industry

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Introduction Shipping cargo is as much an art as it is a science. In an increasingly connected global economy, how goods are transported from A to B can make a world of difference. In this in-depth article, we'll explore an oft-overlooked yet critical aspect of logistics: break bulk shipping. Ready to set sail into a sea of knowledge? Let's dive in! Break Bulk: Unmasking the Giant What is Break Bulk? So, you might be asking, "What exactly is break bulk?" Well, break bulk refers to goods that cannot be containerized due to their size, weight, or shape and are therefore loaded individually onto shipping vessels. It's kind of like trying to pack an oversized teddy bear into a suitcase – it just won't fit. Why Choose Break Bulk? Why bother with break bulk shipping? Wouldn't it be easier to just stuff everything into containers? Well, for some cargo, container shipping is indeed the best option....
6Jan-23

What is Warehousing ?

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Introduction The act of warehousing involves storing goods that can be sold or distributed later. Warehousing plays a significant role in the supply chain by enabling companies to store goods until they are ready for shipment to customers or other locations. The warehouse is a commercial building for storage of goods. Warehouses are of different sizes and types, from small storage units to large distribution centers. Depending on the needs of the company, warehouses can use them for short-term or long-term storage. Moreover, companies can utilize warehouses to store a variety of goods, ranging from raw materials to finished products. Purpose of warehousing The purpose of warehousing is to provide a centralized location. Warehousing is an essential component of supply chain management and plays a critical role in facilitating the movement of goods from producers to consumers. Specifically, warehousing serves the following purposes: Storage: Warehouses provide a secure and controlled environment for storing goods,...

Ocean Freight
26Dec-22

What is Ocean Freight ?

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Ocean freight is the transportation of goods or products by sea, typically using cargo ships or vessels. It is a type of shipping that involves the movement of goods between ports and across oceans. People commonly use this mode of transportation for shipping large goods that are too heavy or bulky to transport by air or land. Ocean freight involves several parties:-  The shipper (the person or company sending the goods)  The carrier (the shipping company or vessel operator) The consignee (the person or company receiving the goods).  The cost of ocean freight typically depends on factors such as the weight and volume of the goods, the distance between ports, and the type of shipping service selected (such as full container load or less than container load). Advantages of ocean freight There are several advantages to using ocean freight as a mode of transportation: Cost-effectiveness: Compared to air or road transport, ocean freight is a cost-effective option...
24Dec-22

What is Custom Clearance?

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Custom clearance refers to the process of getting goods through customs authorities in order to import or export them from a country.  It involves compliance with various customs regulations, submitting necessary documents, paying relevant taxes, and completing necessary inspections. Custom Clearance A customs broker typically handles custom clearance by submitting the required documents and paying any applicable duties or taxes on behalf of the importer or exporter. The custom broker ensures that the goods comply with the regulations and laws and also verifies the accuracy of the information provided on the declaration form. Advantages It ensures that the importer or exporter complies with the country's regulations and that the imported or exported goods are legal. By paying any applicable duties or taxes, customs clearance helps to ensure that the government is able to collect revenue from the import and export of goods. It will avoid delays in delivery Types of Custom Clearance The process of passing goods through...

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