Insights and updates on global payments and international banking.
If you’re a Chinese supplier or global ecommerce seller wondering how to sell fashion jewellery in India without setting up a local company, the the answer is personal-import or the D2C model. By combining proper HS classification, compliant labelling, correct duty calculation, and smart Instagram/WhatsApp selling, you can legally ship jewellery and accessories directly to Indian buyers and build a profitable cross-border business. Why India Is a Massive Opportunity India is one of the world’

SCOMET stands for Special Chemicals, Organisms, Materials, Equipment and Technologies, India's master control list of dual-use items regulated by DGFT. If you import/ Export chemicals, electronics, sensors, aerospace components, or software, SCOMET compliance affects you. Even though it's primarily an export control framework. What is SCOMET? SCOMET is India's national export control list of sensitive items that have both civilian and military applications, Commonly called dual-use goods. It
BIS certification is one of the most critical compliances for importers, this decides whether your goods go smoothly through customs or end up stuck in a warehouse for weeks. If your product falls under BIS control and you don’t comply, customs will simply not clear it. BIS certification is mandatory for 450+ product categories in India. Hence, Importing products without it will result in confiscation and penalties. What Does BIS Certification Mean? BIS stands for Bureau of Indian Standards,
A Certificate of Origin (COO) is a fundamental international trade document that certifies the country where goods were manufactured, produced, or processed. For importers, this document determines the customs duties payable and eligibility for preferential tariff benefits under Free Trade Agreements (FTAs). For exporters, it serves as proof of origin that enables buyers to claim duty concessions in the destination country. What is a Certificate of Origin (COO)? A Certificate of Origin is an

A Free Trade Agreement (FTA) is a formal arrangement between countries to reduce or eliminate customs duties and trade barriers. For importers like you, FTAs mean one thing, paying lower or zero duties on qualifying goods. The real question isn't what an FTA is it's how much you can save and which countries you should source from. This guide shows you exactly how. What is a Free Trade Agreement? An FTA is a legal treaty between two or more countries designed to facilitate cross-border trade b
Union Budget 2026 introduces a comprehensive customs duty overhaul affecting both personal and commercial imports. The basic customs duty (BCD) on personal goods is slashed from 20% to 10%, baggage allowance increased by 50%, and capital goods exemptions expanded across critical sectors. These changes simplify tariff structure, reduce import costs, and support manufacturing—effective immediately or by April 1, 2026. Customs Duty Rate Cut for Personal Goods (50% Reduction) Budget 2026 introduc
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