5 Import and Export Schemes for Boosting Business
India is an attractive market for doing business in India due to demographic, geographic and economic benefits the country holds. To enhance the market and motivate the importer and exporter, the government of India has taken several initiatives for the businesses involved in import and export trade . The aim of these schemes to benefit the importer and exporter and to ease the process. Export and Import consultants like ASC Group helps the businesses to avail the benefits of the duty-free incentives. Top 5 import & export schemes of the Indian Government are: EOU (Export Oriented Unit) Scheme: EOU Scheme offers globally competitive duty-free incentives combined with enhanced infrastructural services for export production. Exporters and entrepreneurs can apply for the scheme from the Ministry of Commerce, FIEO, and Export Promotion Council. EOU scheme allows importing products locally without the duty payment of all types of ...