Surat: Important guidance given to exporters regarding export promotion schemes

South Gujarat Chamber of Commerce & Industry and Department of Commerce, Government of India, Ministry of Commerce & Industry and EEPC as part of a joint initiative of Capacity Building Program, ‘Export, FEMA Guidelines and RBI Guidelines for Export Related Banking Problems and Solutions’ ‘ An interactive session was held on Including Business Consultants Trainer and Consultant from Thane NumeroU as a Faculty who has more than 20 years of experience in working with leading banks in India and abroad. Of. Subramaniam gave important guidance to exporters and importers regarding export promotion schemes of EEPC, DGFT, DIC, ECGC, MSME, Bank etc.

Guidance to exporters to EEPC, DGFT, DIC, ECGC, MSMEs

Chamber of Commerce Vice President Ramesh Vaghasiya said that the Government of India is making a lot of efforts to increase exports from the country. Ample opportunities are also being created to encourage exporters with a view to increase exports. In today’s session keynote speaker will have important guidance on how to solve any problem that may arise for export and import.

Follow FEMA rules easily and avoid RBI blacklist

Keynote speaker K. Subramaniam said that for exporting any product mainly exporter, importer, exporter bank, importer bank, RBI, DGFT, Insurance, Inspection, Chamber of Commerce or local association, ECGC and Customs to check the valuation of the goods. are necessary for. Once the product is exported, Customs informs the RBI. When a shipping bill for export is filed, a commitment is made by the exporter from a specific buyer and an authorized dealer (bank) to bring foreign exchange into India within a time frame. Various difficulties arise when these commitments are not met. He told the exporters that if the rules under FEMA are easily followed and followed, there is no problem with RBI norms and RBI’s blacklist can be avoided.

Necessary information given to the businessman

Arshey Shah, executive of MSME desk of District Industries Center-Surat, informed about the capital subsidy given to entrepreneurs to set up business. It was also discussed that the Gujarat government has recently implemented the Atmanirbhar scheme. The Deputy Director General of Foreign Trade, Surat, Darshan Parate briefed the exporters about the Foreign Trade Development Act and the Foreign Trade Policy. Information was given on how DGFT helps exporters. Anil Chauhan, Surat Branch Manager, ECGC Limited informed about the short term cover and service network for the exporters. Ajay Bute, Senior Vice President, Kotak Mahindra Bank and Gavin Pereira, Associate Vice President, Kotak Mahindra Bank briefed about the trade forex service offered by their bank. Sudhakaran Nair, Senior Deputy Director, EEPC India moderated the session and also made a presentation on EEPC India. CA Vipul Shah, Chairman, Banking Committee of Chamber of Commerce conducted the function in the session. In the end, the Honorary Treasurer of the Chamber, Bhavesh Gadhia, concluded the session by expressing gratitude for the survey.