Even though India is not the most developed country in the world, it is surely one of the most aggressive nations in terms of trade and commerce. India is seemingly one of the few countries out there that welcomes international trade with utmost liberalization– this is being done in accordance to the trade policies that were set in the year of 1991. India like many developed nations of the world is extremely well connected in terms of sea routes and hence it has been able to conduct all trade and commerce activities with greater vitality.
Also, the demand for Indian goods is quite high in the international markets. Also, there have been considerable progresses in terms of transportation and logistics facilities which have made this country picked up really great in foreign trade. When it comes to international shipping of goods, the customs department in India is generally responsible for levying taxes and other duties on the products that enter and leave the country. This is where Indian custom data finds its various uses. Important Features As such, Indian custom data seeks to offer a detailed and comprehensive analysis of goods that are being imported as well as exported to and from the Indian soil. These form large online databases which contains chunks of data majorly stored in excel sheets and from time to time can be obtained on paper as hard copy. It generally contain several different information like names of the exporters, quantity, port of origin, port of destination, HS code and other such information. Indian custom data facilitates all sorts of trade transactions which are being effectively regulated as well as controlled by the Director General of Foreign Trade. Indian custom data helps add prominence to the country’s profile as an importer as well as export in equal measures in and around the Asian continent.
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June 2016
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Seair Exim Solution - A Platform to Provide Import Export Data in India