Tag - DGFT Consultants in Delhi

DGFT Consultants in Delhi

How DGFT Consultants in Delhi Simplify IEC, EPCG, and Custom Clearance for Your Business

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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...

Top DGFT Consultants in Delhi: Hassle-Free Solutions for Custom Clearance

Top DGFT Consultants in Delhi: Hassle-Free Solutions for Custom Clearance

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The customs clearance procedures must be completed to appropriately examine, appraise, assess, and evaluate all commodities imported and exported from India. Customs authorities can charge the appropriate tax and verify the products against illicit imports. Additionally, it is crucial to recognize that no importation is permitted in India without the IEC number issued by the DGFT. Imported products for personal use do not necessitate an IEC number. Customs clearance services entail preparing and submitting documentation necessary to facilitate the import or export of goods into the country. Additionally, the services include representing clients during the customs examination, assessment, payment of duty, and co-taking of cargo from customs after clearance, along with the appropriate documentation. In the context of customs, Cargomate's DGFT consultancy for custom clearance is responsible for various processes, including the supervision of GOH and factory stuffing, the appraisal of customs documents, the adherence to regulations regarding customs procedures for...

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