Indian enterprise.
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Business Terminology

Export Promotion Capital Goods Scheme TPCI.
Export Promotion Capital Goods Scheme

EPCG scheme aims to facilitate the import of capital goods with the purpose to produce good quality merchandise and service and improve India’s competitiveness in manufacturing. For this purpose, th...

Advance Authorisation Scheme

The Advance Authorisation Scheme under FTP 2015-20 allows the manufacturer exporters and merchant manufacturers to imports inputs duty-free. All items except import items prohibited in ITC (HS) and th...

RoDTEP Scheme

RoDTEP will allow reimbursement of taxes & duties, which are not exempted or refunded under any other scheme in accordance with WTO....

De minimis

The WTO defines de minimis provision as the “minimal amounts of domestic support that are allowed even though they distort trade”....


Franchises allow businesses to use market-tested products & services, and in many cases established brand recognition. But they entail heavy start-up costs....

Global value chains (GVCs)
Business Terminology : Global value chains (GVCs)

Intermediate products cross several borders in GVCs in different stages of production before they are turned into final goods for consumption....

Business Terminology Rules of Origin
Rules of origin

Rules of origin are specific provisions designed to establish origin of good. They are important as duties & restrictions may depend upon source of imports....

Contract Farming
Contract farming

The Food & Agriculture Organization defines contract farming as an agreement between farmers and processing and/or marketing firms for the production and supply of agricultural products under forward ...

Business Terminology – Intellectual Property Rights (IPR)

Intellectual property rights enable people to earn benefits from what they invent/create, but are challenged by differing legal interpretations and policy approaches across countries....

Cost Insurance and Freight

A common method of import and export shipping, CIF determines when the responsibility for goods transfers from the seller to the buyer. It is an expense borne by a seller to cover the costs, insurance...

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