Infodriveindia.com updates latest DGFT notification

Infodriveindia.com one of the most popular online database website has announced that it has updated the latest DGFT notification. This notice deals with “Allocation of 8,200 MTs of Raw Sugar to USA” issued on 15th December, 2010, by the board. The company updates all the latest announcements made by other governing authorities like Central Board of Excise and Customs or CBEC, Central Excise, RBI and Indian Customs. Apart from this, it also contains an EXIM guide, which is a must know for the new traders.

Online PR News – 21-December-2010 – – New Delhi, India, December 21th, 2010: Infodriveindia.com, one of the most acknowledged names in the field of global import export database, has announced that its website provides Harmonized Code List or HS Code List from chapter 1 to 98. The company provides an all-inclusive code list with an internal search box that can be easily used to access the product codes. HS Code plays a very crucial role in the import export trade. Every commodity or good that has ever been traded in the international market has been assigned a particular HS Code. It is mandatory to mention this code while performing an international trade transaction. It is a standardized system of names and numbers used for classifying the trade products or commodities. There are 21 sections and 98 chapters in the standard Indian system of classification.

Commenting on the HS Code sub-section of the website, says the CEO of the company Mr. Rakesh Saraf, “We have updated an all-inclusive Harmonized Code List in our website. This list contains classifications and sub-classifications of all the products / commodities included in the chapter 1 to 98 of the standard Indian system. We have also developed an internal search box in the HS Code List section, which is very helpful for the first time users. Our continuous efforts to make amendments in our data at par with the latest announcements, has made us the number one site for import export info.”

Besides providing an exhaustive HS Code List of the Indian standard system, Infodrive India also provides Chinese HS Classification Codes database from China Harmonized Code System. This data is important for those who are trading with China. By accessing the Chinese coding system these traders can easily categorize their products’ code as per China’s standardized nomenclature system. For example Wood charcoal is classified as 44020000 under section 11 of the 44th chapter.

Adds Mr. Saraf, “We provide accurate information to our users. All the import export Data that has been uploaded in our website is truly authentic as they have been sourced directly from the source of origin. We have been able to attain our customers’ trust and they totally rely on us for all their foreign trade information needs. The company’s core strength lies with our expert content analysts who bring most practical and easy to use solutions to our customers.”

For more information on the harmonized code list log on to http://www.infodriveindia.com/Hs-Codes/Default.aspx

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