Lessons that use this word

  1. Lesson 14 min readHow importing and exporting work, end to endThe whole journey of a shipment in and out of India: who does what, which papers move, and where customs and the bank come in.
  2. Lesson 24 min readIEC: what it is, who needs one, how to apply on DGFTThe 10-character code you need to import or export goods: who is exempt, how to apply on DGFT, and the yearly update that keeps it active.
  3. Lesson 35 min readGST, LUT and refunds for exportersExports are zero-rated under GST. How exporting under an LUT differs from paying IGST and claiming it back, and how each refund reaches you.
  4. Lesson 76 min readWhat a customs broker (CHA) does, and the CBLR licenceWho customs brokers are, what they do for importers and exporters, what the law makes them check, and how the CBLR licence exam works.
  5. Lesson 105 min readAssessable value, CIF and the customs exchange rateHow customs values an import: the transaction value, what is added to it, what happens when freight or insurance is unknown, and which exchange rate applies.
  6. Lesson 125 min readShipping bill and Let Export OrderHow you declare an export on ICEGATE, how customs clears it, and how the same shipping bill reaches your bank and your export incentives.
  7. Lesson 135 min readTrade agreements and certificates of originWhat a trade agreement gives you, how rules of origin work, which certificate you need and who issues it, and how an importer claims the lower rate.
  8. Lesson 176 min readIncoterms 2020The 11 Incoterms rules: who pays for freight and insurance, where the risk passes, and how your choice changes the customs value.
  9. Lesson 185 min readInvoice, packing list, bill of lading and air waybillWhat each shipping document says, why they must all agree, and the bill of lading choices that decide when the buyer gets the goods.
  10. Lesson 194 min readFCL, LCL, ICD and CFSFull and shared container loads, inland container depots and container freight stations: what each one is and when each makes sense.
  11. Lesson 216 min readRBI's payment rules and deadlines (FEMA 2026)RBI's export and import payment rules from 1 October 2026: declaring exports, the deadline to be paid, extensions, set-off and paying for imports.
  12. Lesson 245 min readReading one shipment recordWhat each field of an Indian customs shipment record tells you, and the traps in descriptions, units and values that mislead first-time readers.
  13. Lesson 255 min readCIF and FOB values, unit price and quantityWhy imports are valued CIF and exports FOB, how to work out a unit price, and how to compare prices fairly across shipments and units.
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Trade Academy is education, not legal, tax or customs advice. Rules and rates change by notification: check the live source, or ask a licensed customs broker, before you act.