Foreign Trade Forum LLP
Welcome to the Foreign Trade Forum
Your Gateway to Global Trade Success!
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.
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.
Navigating Global Trade Complexity
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.
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.
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.