Foreign Trade Forum LLP
Welcome to the Foreign Trade Forum
Your Gateway to Global Trade Success!
Are You Dreaming Of An Export Business?
At the Foreign Trade Forum, we're more than just a consultancy firm – we're your strategic partner in the world of international trade. With a passion for global commerce and a wealth of experience in the field, we are your trusted guide, offering a comprehensive suite of services in EXIM consultancy, imports, and exports.
The Firm possesses over 30 years of experience in Foreign Trade. The Firm helps corporate to take right decision at all times in Foreign Trade related matters. The corporate decisions are very important in terms of its financial implications and any wrong decisions in Foreign Trade related matters amounts to huge loss to the company. By availing our guidance and advice, at times, the company can avoid losses. It can also stop getting into litigations and/or financial losses in future.
Presently, the Firm is consultant to various companies which includes national and multinational companies all over India. Presently the Firm has its presence in Pune, Mumbai and Delhi to facilitate the customers for better coordination.
Customs Duties
All goods imported into India have to pass through the procedure of customs for proper examination, appraisal, assessment and evaluation. This helps the custom authorities to charge the proper duty and also check the goods against the illegal import. The Central Board of Excise & Customs (CBEC) is the apex body for customs matters. Central Board of Excise and Customs (CBEC) is a part of the Department of Revenue under the Ministry of Finance, Government of India.
Customs Duty is a type of indirect tax levied on goods imported into India. Customs department has been empowered for levy and collection of duty on imports, import/export procedures, prohibitions on importation and exportation of goods, penalties, offences, etc. It deals with the task of formulation of policy concerning levy and collection of customs duties, prevention of smuggling and evasion of duties and all administrative matters relating to customs formations.
The Board discharges the various tasks assigned to it, with the help of its field organizations namely the Customs, Customs (preventive) and Central Excise zones, Commissionerate of Customs, Customs (preventive), Central Revenues Control Laboratory and Directorates. It also ensures that taxes on foreign and inland travel are administered as per law and the collection agencies deposit the taxes collected to the public exchequer promptly.
Consultancy
Navigating Global Trade Complexity
EXIM Consultancy:
Navigating Global Trade Complexity International trade is a dynamic landscape with ever-changing regulations, tariffs, and market
trends. Our EXIM consultancy services are designed to simplify this complexity. Whether you’re a seasoned exporter/importer or new to the global trade arena, we offer expert guidance to help you make informed decisions, mitigate risks, and maximize opportunities.
Duty Benefits:
Our team of experienced professionals possesses a deep understanding of India’s duty benefit schemes, including Export Promotion Capital Goods (EPCG), Advance Licenses, Duty Drawback, SION fixation, Brand Rate Fixation, Scheme for Remission of Duties and Taxes on Exported Products (RoDTEP), and many others. Statutory Permissions: Our team of experienced professionals has a deep understanding of India’s regulatory framework, including Special Chemicals, Organisms, Materials, Equipment, and Technologies (SCOMET), Restricted License, EPRA, and Bureau of Indian Standards (BIS) certifications, Mandatory Testing and Certification of Telecommunication Equipment (MTCTE) etc required mandatorily at the time of Imports and Exports.
Import
In an increasingly interconnected world, sourcing the right products is crucial for your business's success. Our import services cover everything from supplier identification to logistics management. We help you find the best suppliers globally, negotiate favourable terms, and ensure the seamless movement of goods to your doorstep.
Export
Ready to expand your market beyond borders? We export goods such as Engineering
goods, Project Shipments,
Pharmaceuticals and health care products, machinery parts, structured packing, software
solutions, agricultural commodities and garments as per order. With us by your side, your products
will reach international markets efficiently and competitively.
Consultancy Services Offered
We also provide Consultations on 100% EOU/EPZ/STPI Units & provide able services at Airport, Mumbai Port, SEEPZ, Nhava Sheva Port, Foreign Ports since the last fifteen years. We are having core strengths for handling documentation, procurement and processing in various fields like Customs, Airport, SEEPZ Customs, and STPI. We also handle documentations for New/updating/ modification of Import/Export Code No. along with BIN No., setting-up of STPI & EOU units, Customs bonding W/H License, Duty free Import , GST Benefits, GST Filing & Processing of Softex. Consultancy services for setting up unit for 100 % EOU under STPI scheme, application and processing for setting up unit under STPI Scheme offered as under:-
1)Application and Processing for Letter of Permission (LOP) by concern authority.
2)Obtaining Green Card.
3)Application and Processing for Customs Bonded Area.
4)Processing of IGCRD Licenses ICEGATE Registrations, AD Code Registrations on all ports
5)Registration of B-17 Bond for Capital Goods.
6) Obtaining EPCG License and Closure of the same.
7)Processing SVB Applications and SVB Refunds after Final SVB Order.
8)Guidance on Repair and Return cases.
STPI: Software Technology Park of India duly approved by Inter Ministerial Standing Committee (IMSC) in the Ministry of Information Technology.
Software Industries may undertake export using data communication links or in the form of physical exports, including export of professional services.
Our consultancy services encompass
Identifying new markets and assessing demand for your products.
Ensuring your trade practices adhere to international laws.
Structuring financial solutions that fit your specific needs.
Streamlining paperwork to facilitate smooth cross-border transactions.
Navigating the intricacies of customs procedures and tariffs.