Securing Import Shipment Data from Indian customs

Procuring import shipment data is of much importance for traders involved in international trade. It gives information regarding the import transactions that took place in a particular month or quarter. Import shipment data is prepared from basic documents like bill of entry and supplier invoices; customs clearance from country of origin, etc. Preparing a compilation of shipment data is not an easy task as it involves tedious segregation,

India Import and Export Data – deciphering India’s economic health

India Import and export data can be used as a yardstick for measuring the economical status of a country. The current financial situation is revealed by how much more a country is able to export over and above its necessary imports. The data compiled from India’s imports and export figures are used by the government, customs officials and international financial institutions, for analyzing the country’s financial worthiness.

An overview of the benefits of India Export Import Data

India export import data is prepared from shipping bills approved by the customs officer when a consignment is approved for export clearance. The import data is made up of information sourced from Bill of entry which is a list of items that has reached the Indian port. It is usually filled up by the importer declaring the contents of the consignment which is cross checked and verified by the officer.

Indian export import data provides Indian traders global advantage

Indian export import data provides Indian traders valuable information that aids them with global competitive advantage. It contains key information regarding export of commercialized services, production and manufacturing of export oriented goods/services and also provides information regarding all applicable compliances that exporters are liable to follow.

Indian Export Data gives detailed information of nation’s exports

Exports are selling goods and services to other countries in return for foreign currency. Imports are purchasing materials or services by paying foreign currency. At present the US dollar or Euro is used to value international business transactions. The value of these currencies plays a major role in determining the profit or loss of international trade transactions.

Develop international trade with Import export trade data

Import Export trade Data provides all relevant information about the international trade transactions that were transacted by a country during a particular period of time. Export and import transactions are affected based on recognized legal framework laid out by the Indian legislature. Every trader is required to prepare and submit relevant information

Import Export Data India gives comprehensive information about Indian international trade

The Indian economic policies of globalization and liberalization opened large opportunities for international trade in the last decade. Exports and imports are happening at a larger pace than domestic trade. Hence, it is difficult for domestic traders to know more about the business environment in which they are operating.

India Import Data provides information about import trade

Indian imports largely constitutes of electronic items, medicines, computer hardware, raw materials, like minerals, equipments, branded finished goods like sporting gear, electronic appliances, clothing, accessories, etc. Services are also imported on a large scale to provide support for construction, information technology and entertainment industries.

Gain more business opportunities with India Import Data

Import data contains a well compiled set of information related to products that are imported into India from international ports. International trade has become very extensive in India after the introduction of the liberalization policy in 1991. It is not easy to achieve success in international trade as one needs prudent judgment, careful analysis

JNPT Export Data - The one source to know all about Indian exports

The JNPT export data gives comprehensive information about all items that are exported out of Indian borders through the Jawaharlal Nehru Port Trust, Mumbai. It is situated in two locations in Mumbai – Colaba and Juna Sheva West. The close proximity to the Mumbai, the financial capital of India makes JNPT one of the busiest ports in India.  

Export Import data of Indian ports

An analysis of the export import data of Indian ports will reveal more information about the status of international trade in India. When a nation sends its goods or services in return for consideration in foreign currency, it is termed as export. When a nation buys goods and services from other nations on payment of foreign or domestic currency it is termed as import. Export or import of a country can only happen through ports or through air ways.

Role of custom import data in International trade

Custom duties and taxes are a major source of revenue for the Central Board of Excise and Customs department. They also form a major cost of import and export business. Customs rule require every importer to pay a certain percentage of the value of imported goods as import duty to the government. Custom import data provides detailed information as to the material imported, name of importer, volume of import, import duty paid, etc

Review about Kolkata export data

International trade is a lucrative business field since the returns are high with modest stakes. Hence, the pace with which decisions have to be made in international trade transactions are more quick and sensitive then in normal transactions. Kolkata export data enables its users to trace out information about leading Exporters, their clients or customers, products handled, services rendered, etc.

Indian customs import data

Trade is a risky affair; especially international trade requires extensive application of prudence and caution in order to evade losses. The Indian customs import data help exporters and importers take timely and cautious business decisions related to international trade. International trade is the backbone of any country as it helps them procure

Indian HS Code classification

HS System which stands for Harmonized System is an internationally accepted naming methodology for goods and services that are traded in international trade. It is also known as the Harmonized Commodity Description and Coding System. It was developed and imposed by the WCO (World Customs Organization) in 1988.

The significance of export and import in a nation’s economy

Exporting and importing goods are two essential features of international trade. International trade is important for any economy, as it is not possible any nation to be self reliant. Through import and export it can gain access to materials and services that are not available within its national borders.

What is Indian HS code list?

Indian HS code list are otherwise known as the Indian Trade Clarification that is prepared on the basis of Harmonized System of Coding adopted by India for its export and import functions. An eight digit number is allotted to traders to be used as the ITC-HS code. The codes are divided into two schedules – I and II respectively.