For Indian importers, compliance and accurate reporting to the Reserve Bank of India (RBI) are essential parts of running an international business. The IDPMS system is a digital backbone ensuring transparency, security, and efficiency in import transactions. But what does IDPMS mean, and why is it so important for importers
When it comes to export documentation in India, the Shipping Bill plays a central role. It acts as a legal declaration by an exporter and is required to claim export benefits, track consignments, and ensure regulatory compliance. Once a shipping bill is generated, exporters often need to check its status,
Taxation & Compliance
A journey into international trade be it an exotic goods import business or exporting your goods into international markets is a thrilling idea to any Indian business. But, even before you can ship your initial consignment or get your first international payment, it is important that you take an essential
The world of international trade is a complex one that necessitates the involvement of a precise documentation of every transaction, every shipment and every payment in such a complex world the international trade. To the Indian exporters, it is not only a correct business practice to ensure that foreign exchange
Taxation & Compliance
An Importer-Exporter Code (IEC Code) is your vital ticket to international trade out of India. When acquired, this 10 digit special identification number will enable businesses to import and export goods and services, enjoy government benefits and access customs without any hitches. Nevertheless, it is not enough to get an
For firms conducting manufacturing business or that are in international trade, it is necessary to understand the difference between excise duty and customs Duty for compliance and cost control. Eximpe embraces the belief that understanding such concepts of tax provides clarity in the decision-making and design of a business for
Excise duty is an important principle regarding the indirect tax system in India, particularly in industries that exist in the manufacturing business. At Eximpe, we believe that understanding Excise's duty is vital to compliance and strategies in the modern day of regulations. What is Excise Duty? Excise duty
In international trade, compliance with RBI (Reserve Bank of India) regulations is essential. Two important systems that regulate import and export payments are EDPMS (Export Data Processing and Monitoring System) and IDPMS (Import Data Processing and Monitoring System). Both systems are digital platforms that help the RBI, banks, and businesses
The distinction between customs duty and GST is important for all the businesses involved in international trade; this distinction helps in compliance and cost management. Eximpe understands that dealing with these taxes may be confusing, but here is a clear comparison that should give you informed decision-making. Custom Duty Meaning
Taxation & Compliance
Managing corporate taxes: In 2025, companies are faced with ever-changing regulations; what was once emotionally charged is now immensely technical and high-risk; they are making very costly errors that lead to penalties, audits, or lost opportunities, even if they are small companies. In our work at Eximpe, we also often
Auto insurance is not only an obligation- it's a necessity to protect yourself financially from an accident, theft, or even natural calamities. However, to change your premium, factors such as your car's age, where you live, how often you file claims, your driving history, the type
Taxation & Compliance
In India's ever-evolving tax scenario, knowing several, including the erstwhile-eliminated but once-vital service tax, is crucial for businesses and individuals, particularly those offering services. At EximPe, which provides exporters and importers with hassle-free payment and compliance services, being well-informed about such taxes helps both comply with the regulations