Exports and Imports

Exports and Imports

'Imports' means, bringing into India, of goods from a place outside India. In other words, it refers to the goods which are produced abroad by foreign producers and are used in the domestic economy in order to cater to the needs of the domestic consumers. India includes the territorial waters of India which extend upto 12 nautical miles into the sea to the coast of India.

Similarly, 'exports' of goods means, taking goods out of India to a place outside India. It refers to the goods which are produced domestically and are used to cater to the needs of the consumers in other countries. The country which is purchasing the goods is known as the importing country and the country which is selling the goods is known as the exporting country. The traders involved in such transactions are importers and exporters respectively.

Asuntrix Global Private Limited. has been actively involved into the export of health allied product, retail garments and accessories. This also lead us exploring an opportunity to do an exportto Dubai and Europe and soon will bring in the foreign brand of cosmetics and novelty figures to make a supply chain in India.