Import And Export Licensing
Posted by Admin on November, 02, 2011
Import License refers to a license by the government of a country that authorizes the importing of certain goods from the foreign countries into its territory. This license permits an individual or an organization to bring in goods from the other countries. In contrast, Export License is a formal document allowing the exporting of certain domestic goods across the other countries.
In India, Import and Export licenses are issued by Director General of Foreign Trade. Although many of the goods are freely importable in India, but Import Policy prohibits the import of certain goods. By the same coin, the Export policy prohibits the export of certain goods. In both the cases, it becomes mandatory for the exporter or importer to have the export or export license issued by the concerned authorities.
Import and Export Licensing Services are needed by many businesses around the world. The companies desiring to expand their businesses overseas or to sell imported products in the domestic markets require Export and Import Licensing Services to a great extent.
In addition, constant increase in globalization also has been a major impetus behind the increase in demand of Import and Export Licensing Services. The Govt. announces various schemes for import & export through which an importer or exporter can draw the benefits thereof.
It is, therefore, recommended to consult a professional Import and Export Licensing Service Provider to pave the way for your business expansion and success. People can easily find such Service Providers over the internet. There are various reliable Import and Export Licensing Service Providers who can get your work done in the earliest possible time. In addition, these online companies also charge the affordable service charge and give value for your money.
This entry was posted on November, 02, 2011 at 11 : 26 am and is filed under Business Consultant. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response from your own site.