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Fernando Jimenez

Fernando Jimenez

Exporter
4 Followers

Shipping LCL

What are the benefits and drawbacks of shipping LCL?
From United States of America
To Argentina
Aug 09
2021
1
answer
Aug 09, 2021

When you ship LCL, you pay only for the volume you need- not a flat rate like FCL
Shipping fewer goods more frequently means spending less on inventory space
LCL is far cheaper than air freight, so if you have some time to wait for your shipment, you can lower shipping costs dramatically
During peak season when capacity is near-full, LCL can be easier to find and faster than FCL Here are the main drawbacks to LCL shipping:

LCL shipments need to be loaded and unloaded from containers, which adds a few days to the journey.
LCL shipments are more expensive per cubic meter than FCL – sometimes even twice as much.
Other shipments’ customs delays may cause your goods to be delayed along with them.
LCL goods are handled more, which increases the chances of damage.

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From Indonesia
To France
Jul 26
2021
1
answer
Jul 26, 2021

SGST is one of the tax components of GST in India. SGST Act expands to State Goods and Service Tax.

It is one of the three categories under Goods and Service Tax (CGST, IGST and SGST) with a concept of one tax one nation. SGST falls under State Goods and Service Tax Act 2017.

A simple understanding could be that, when SGST is being introduced, the present state taxes of State Sales Tax, VAT, Luxury Tax, Entertainment tax (unless it is levied by the local bodies), Taxes on lottery, betting and gambling, Entry tax not in lieu of Octroi, State Cesses and Surcharges in so far as they relate to supply of goods and services etc. are subsumed into one tax in GST called State GST.

All the tax proceeds collected under the head SGST is for State Government.

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From Sudan
To Armenia
Jul 13
2021
1
answer
Jul 13, 2021

For starting an import export business you should enlist as a taxpayer with Sudan Tax Authority. A registered trade with concerned license as per the business is must for exporting and importing of commercial products from and into Sudan. Appropriate authorization from concerned agencies and institution are need to be obtained if required.
Sudan Customs is a border force providing specialized general service to the community compatible with the international customs standards and contribute in economic development. The objectives of Sudan Customs were, Collection of customs revenues, Provide information about foreign trade, prevent smuggling, protecting the society, protecting the borders, Facilitation and secure global trade.
In many cases, the documentation may also vary depending on the country of origin or destination. The documents may have to be prepared in a special way to comply with the requirements of the import or export country. All export documentation must be completed correctly to avoid any missed shipments, port demurrage charges or fines to the business.
Generally in all countries there are three stages of process for export. One time registration procedure to obtain export licence, documentation needed for exportation and Export customs clearance formalities.

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Categories of retail trade

What are the main categories of retail trade? What are the differences between them?
From United States of America
To Bolivia
Jun 24
2021
1
answer
Jun 24, 2021

Retail is a term which covers a vast range of business types and models. Some of the different types of retail store include:

Convenience store - a small to medium grocery and convenience shop usually operating near residential areas.
Speciality store - a store which concentrates on narrow product areas, eg clothing, electrical goods, entertainment.
Supermarket - a medium to large grocery and household store aiming for low-margin / high-volume sales.
Discount store - a small, medium or large shop which sources end-of-run stock or branded goods to sell at heavily discounted prices.
Department store - a large store with a range of goods and services, divided into departments which can be individually managed by buyers, merchandisers or a separate private business.
Warehouse / direct retailer - a medium to large store, usually off the high street, stocking goods directly from manufacturer or with costs of another step in supply chain removed.
Online store - selling directly to customers through an e-commerce website.

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Food regulations

What are regulations on food exported to Saudi Arabia? 
From Indonesia
To Saudi Arabia
Jun 09
2021
1
answer
Jun 09, 2021

Importers must have a valid Business Registration Certificate (registered food business)
Exporters, as well as a food product (s) (conditional), must be registered with SFDA
Food products must comply with the SFDA regulations and other requirements
Food products for export to Saudi Arabia must comply with Halal requirements according to GSO 993 and GSO 1-2055 (slaughtering & processing practices).
Chilled and frozen food products must comply with GSO 323
Food products must have a specific expiration date specified according to the GSO Standard (GSO 150) and have the minimum required shelf life for export to Saudi Arabia.

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