After the publication of Union Budget
2016 prices of some goods has increased as well as decreased. So if you are an
Indian trader and want to venture in foreign trade then you have to have a clear
idea about custom duty. These increased and decreased prices are already
activated from midnight 29th February/1st March.
As per as the latest export import news Union
Minister wants India to cater the growing market of the world by creating state-of-art
capabilities and should abbreviate the dependence of importing electronic goods
from foreign. In the inauguration ceremony of the second addition of Indian
electronic Expo, Minister of State for science and technology and Earth sciences
Chowdary mentioned that export of computer software and services are standing
at over 100 billons USD but on the other hand computer hardware export is
falling day by day. You will get a significant idea if you can go through with
the chart about India’s export import business from February 20th to
March 20th 2016. This potent database will facilitate you to make predominant
business strategies.
How
it can push you way ahead in trade market?
- India has imported 20.34 billion USD and
- Exported over 18.25 billion USD from 20th February till 20th March.
- 7.48 billion USD deficit has been seen.
You
can procure the detailed news if you can go through with the website of Seair. Nevertheless,
the good news is that Government has initiated to accelerate the clearance of
export and import. According to World Bank, report the average time taken in
Mumbai for export and import goods is 6.8 days and 15.8 days respectively. To
avoid this delay a joint exercise will be initiated by the Shipping ministry
and the department of Finance. If you are able to get
good export import services that would help you to give your business a new
status amid the crowd. You can feel the confidence that would give you the real
time experience of the true benefits using the right export import services.
Make sure you are the right place from where you can get familiar with all the
authenticated features.
