How DGFT Consultants in Delhi Simplify IEC, EPCG, and Custom Clearance for Your Business
Imagine having lost lakhs of rupees due to maybe a small error in the paperwork that will delay export shipment for weeks. This is quite often a case for businesses in India attempting to find their way through a maze of rules, requirements, and approvals laid down by the Directorate General of Foreign Trade (DGFT). Whether trying to simply get an IEC code, make use of the EPCG scheme, or get through Customs, one setback can easily lead to substantial financial setbacks for a business. The numbers speak for themselves. According to DGFT: 30% of IEC applications were delayed due to mistakes and missing documents made by the company; the RBI claims that only 35-40% of eligible SMEs use the EPCG scheme - the numbers reflect the perception that the rules are too complicated; according to CBIC numbers 25-30% of issues from customs are caused simply by mistakes on the...