Export claims, Marketing Research

Assignment Help:

Export Claims: Authorised dealers are permitted to remit export claims by exporters on application by letter.

The application contains particulars such as Reserve Hank Code Number, GIUPP form number, date of shipment, name of commodity, invoice value, name and address of claimant nature and amount of claim as also documentary evidence in support of the claim provided:

i) the amount does not exceed 15% of invoice value.

ii) the relative export proceeds have already been realised and repatriated to India. In case of exporters who have been in the export business for more than three years, remittances may be allowed without any percentage ceiling, provided -

i. the exporter is not on the Exporter's caution list of Reserve Bank , and

ii, his track record is satisfactory.

In all such cases of remittances, the exporter should be advised to surrender proportionate incentives, if any, received by him.

Other remittances: Authorised dealers may effect, on behalf of their exporter constituents, remittances connected with exports like controlling charges, expenses incurred on dishonoured/unaccepted bills, legal expenses related to trade disputes, testing charges, etc.

Exporters are expected to submit supporting documents for these remittances.

 


Related Discussions:- Export claims

Definition of exchange rate, Definition of Exchange Rate : A foreign excha...

Definition of Exchange Rate : A foreign exchange rate is simply the price of one country's money in terms of another country's money. In other words, the rate at which one country

Statutory basis, STATUTORY BASIS : Exchange control was introduced in Indi...

STATUTORY BASIS : Exchange control was introduced in India with the outbreak of second World War on September 3, 1939. This was done by virtual of the emergency powers derived u

Objectives-management of exchange risks, OBJECTIVES After studying this...

OBJECTIVES After studying this unit, you should be able to: 1.  Explain the meaning of exchange rate; 2.  Describe various types of exchange risk; 3.  Discuss the meas

Principles of marketing, briefly outline the differencies between marketing...

briefly outline the differencies between marketing evolution and marketing philosophies

Evaluate the extent to which each element of iphone''s market, evaluate the...

evaluate the extent to which each element of i phone''s marketing mix contributes to its success

Marketing, explain henry assael model

explain henry assael model

Why marketer need to understand customer evaluation process, Q. Why must a ...

Q. Why must a marketer need to understand the customer evaluation process? The answer lies in the type of information that the marketing team needs to provide customers in diff

What is historical research, What is Historical Research Any research ...

What is Historical Research Any research that makes use of observations based on past events is termed as historical approach.

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd