KM: วิทยาลัยเทคโนโลยีไทยโกลบอลบริหารธุรกิจ

Where the goods being exported for testing are destroyed during testing, AD Category – I banks may obtain a certificate issued by the testing agency that the goods have been destroyed during testing, in lieu of Bill of Entry for import. Exports of goods not involving any foreign exchange transaction directly or indirectly requires the waiver of EDF procedure from the Reserve Bank. The designated officials may also certify the SOFTEX Forms of EOUs, which are registered with them.

They may be allowed to open not more than five Diamond Dollar Accounts with their banks. I) Reporting of cross- border transactions need to be done in terms of the extant guidelines under FEMA 1999. 6a) In order to facilitate transactions / settlements, effective March 06, 2020, participants in the Asian Clearing Union will have the option to settle their transactions either in ACU Dollar or in ACU Euro or in ACU Japanese Yen. Accordingly, the Asian Monetary Unit shall be denominated as ‘ACU Dollar’, ‘ACU Euro’ and ‘ACU Yen’ which shall be equivalent in value to one US Dollar, one Euro and one Japanese Yen, respectively. A) The AD Category-I banks offering this facility shall carry out the due diligence of the OPGSP.

Understand the Processes to Start an Online Boutique in India

Before putting in place this mechanism, AD banks shall require prior approval from the Foreign Exchange Department of Reserve Bank of India, Central Office at Mumbai. C) AD Category-I banks providing such facilities shall open a NOSTRO collection account for receipt of the export related payments facilitated through such arrangements. Where the exporters availing of this facility are required to open notional accounts with the OPGSP, it shall be ensured that no funds are allowed to be retained in such accounts and all receipts should be automatically swept and pooled into the NOSTRO collection account opened by the AD Category-I bank. Website Engagement – Publishers being able to provide advertisers with consumer behavior on their site will help marketers better understand what the audience is exactly looking for. All of this will depend on the time users spend on a page, specific items they click on, or certain products they add to their carts. Brand Extension Vs. A line extension is the extension of the product line, while the brand extension is the extension of the width of the product mix.

Shri Sriram Kalyanaraman, MD, and CEO of National Housing Bank said that during 2015-­16, against total new bookings of INR 28.90 lakh units with loans of up to INR 10 lakhs each, Public Sector Banks and Housing Finance Banks advanced loans of INR 9.50 lakh crore and accounted for 64% of total bookings. Minister of State for HUPA Rao Inderjit Singh believes that Housing for All Mission is the most important initiatives of the Government to ensure a decent house for all by 2022. Since the middle-income groups are better equipped to take advantage of the interest subsidy scheme in quick time and to enable meeting the Housing for All target by 2022, implementation of CLSS is initially envisaged for one year. The scheme was released by Minister of Housing and Urban Poverty Alleviation Shri M.Venkaiah Naidu.

Are you ready for a better, more productive business?

This instance also highlights the truth that the category extension definition may only last a month or two and thus extensions can be temporary. From these different viewpoints, it is apparent that there is a degree of confusion. Not only are model extensions outlined in different methods, but the distinction drawn between vertical brand extensions and line extensions can be a delicate one. In addition, ‘whilst these classifications and definitions are quite clear in principle, the boundaries are a lot much less clear in practice. For example, Sony’s vary of cell telephones would not be thought-about brand extensions if Sony’s market was defined more broadly as ‘client electronics’.

A renowned/successful brand helps an organization to launch products in new categories more easily. However, the danger that the extension may confuse the picture of the main model should be saved in thoughts. Also, if the extension fails, it might harm consumer attitudes towards different products carrying the identical brand identify. For this cause, a model extension corresponding to Heinz pet food can’t survive. For instance, Kellog’s has prolonged its Special K healthy breakfast cereal brand into a complete line of cereals plus a line of biscuits, snacks and vitamin bars.

What is a Product Line?

Any laxity in the follow up of realization of export proceeds by AD Category – I banks will be viewed seriously by the Reserve Bank, leading to the invocation of the penal provision under FEMA, 1999. + 100 basis points; and the documents covering the shipment are routed through the AD Category – I bank through whom the advance payment is received. The requirement of declaration of export of goods and software in the prescribed form will not apply to the cases indicated in Regulation 4 of 15Foreign Exchange Management Regulations dated January 12, 2016. The exporters shall, however, be liable to realize and repatriate export proceeds as per FEMA Regulations. B) AD Category – I banks may negotiate HAWBs only if the relative letter of credit specifically provides for negotiation of these documents in lieu of Airway Bills issued by the airline company.

Introducing the same product in a fresh format allows it to compete in a different product category. Till Jan 2013, DDA has announced 44 housing registration schemes for the benefit of the people and allotment of houses has been made to registrants of all 44 scheme out of above housing scheme i.e. Flats allotted by the DDA are provided with essential services like electricity, water and sewage disposal, besides other infrastructural facilities required to make them habitable. DDA, from time to time, has been announcing schemes through newspapers and advertisements for various categories of flats. In 1996 it marketed more than 8,000 brands in 190 countries, 55 were global brands, 140-odd were regional brands, and the remaining 7,800 or so were local brands. The bulk of the company’s profits came from around 200 brands or 2.5% of the portfolio.

Disadvantages of brand name extension

It is not essential either, but one has to be sure whether a net incremental benefit that justifies the additional cost, also, complexity accrues by adding one more brand. When differentiation is not sensibly done the entire strategy can retort back. Cloud Infotech is a leading telecom solutions provider and VoIP based company, targeting emerging market enterprises with a portfolio of products – PRI Cards, VoIP Gateways, GSM/CDMA Gateways, VoIP PBX, IP-Phones, Head-Phones etc.

C) BG / SBLC issued from India in favor of overseas buyer should not be discounted by the overseas branch / subsidiary of bank in India. A) BG / SBLC may be issued for a term not exceeding two years at a time and further rollover of not more than two years at a time may be allowed subject to satisfaction with relative export performance as per the contract. Such export advances shall not be permitted to be used to liquidate Rupee loans classified as NPA. The quarterly return being submitted for delay in utilization of advances received for export stands discontinued. E) The exporter will complete the EDF in duplicate and both the copies may be submitted to the Customs at the registered port of the vessel or any other port as approved by Ministry of Agriculture. EDF will be retained by the Customs for capturing of data in Customs’ Electronic Data Interchange.

It consists of only one product which is available in 3 different sizes or SKUs. Now if you try to analyse carefully, you can find that this company ABC deals in chocolates, biscuits, health drinks and footwear. Firstly, the width becomes four for ABC as there are four parallel product lines on offer. Moreover, if you are still confused about the length, width & depth of a product line, let us consider an imaginary FMCG brand ABC. Please refer to the following illustration below and we will find out the three parameters we have been talking about.

A) Amount of commission has been declared on EDF/SOFTEX form and accepted by the Customs authorities or Ministry of Information Technology, Government of India / EPZ authorities as the case may be. As a counter-guarantee to cover guarantee issued by his branch or correspondent outside India, on behalf of Indian exporter in cases where guarantees of only resident banks are acceptable to overseas buyers. In case of usance bills, the relative letter of credit should cover full export value and also permit such drawings. Besides, the usance bills should also mature within prescribed realisation period reckoned from date of shipment. All the relevant documents are submitted to the concerned AD Category – I banks who should comply with all the regulatory requirements relating to the transactions.

E) 7All eligible current https://1investing.in/ transactions including trade transactions with Sri Lanka may be settled in any permitted currency outside the ACU mechanism with effect from July 08, 2022, until further notice. J) Resolution of all payment related complaints of exporters in India shall remain the responsibility of the OPGSP concerned. G) AD Category -I banks shall satisfy themselves as to the bona-fides of the transactions and ensure that the purpose codes reported to the Reserve Bank in the online payment gateways are appropriate. Extension methods under this category provide opportunities for face-to-face or person-to-person contact between the rural people & the extension workers. These methods are very effective in teaching new skills & creating goodwill between farmers & the extension workers. Individual-contact methods.Extension methods under this category provide opportunities for face-to-face or person-to-person contact between the rural people & the extension workers.

• For example, Sony’s vary of cell telephones would not be thought-about brand extensions if Sony’s market was defined more broadly as ‘client electronics’.
• In 1996 it marketed more than 8,000 brands in 190 countries, 55 were global brands, 140-odd were regional brands, and the remaining 7,800 or so were local brands.
• Shampoos, for example, are classified as dry hair, normal hair, or oily hair types, and appeal to customers with dry, normal, or oily scalps, accordingly.
• For instance, HUL has more than 20 brands of soaps; this produces diversity for the firm, enables it to capture its sizable portion into various market segments.
• When the conditions are met, the background script communicates with the popup to make its icon clickable to users.

In October 2019, Union Minister Nitin Gadkari had said that the revised definition of micro, small, and medium enterprises may grant a unified description for all things related to taxation, investment, and more. Reduce import duty on gold, says Niti Aayog”Reduction in customs duty will not only reduce incentives for illegal transactions but it will also help ensure availability of gold for small and medium firms.” One of the prominent reasons could be the non-performance or the individual has committed a fraud which was proved when investigated. It is generally seen that workers who are under fixed-term agreement do not get provident fund, and some other benefits as compared to employees who are on the payroll of the company. There are lot of companies in India as well who hire a person on contract for a year and make them permanent after the term expires. The company sees the potential of the person before taking him or her on the payrolls of the company.

The overseas buyer has been declared insolvent and a certificate from the official liquidator, indicating that there is no possibility of recovery of export proceeds, has been produced. B) The exporter has made satisfactory arrangements for realization of full export proceeds subject to the usual EDF procedure. B) The duplicate copy of the EDF is submitted to the AD banks for monitoring purposes, by the exporters within 21 days from the date of shipment of export. AD Category – I banks may also allow remittances by a company incorporated in India having overseas offices, within the above limits for initial and recurring expenses, to acquire immovable property outside India for its business and for residential purpose of its staff. At the time of setting up of the office, AD Category – I banks may allow remittances towards initial expenses up to fifteen per cent of the average annual sales/income or turnover during the last two financial years or up to twenty-five per cent of the net worth, whichever is higher.

Prior approval of the Reserve Bank is required for export of machinery, equipment, etc., on lease, hire basis under agreement with the overseas lessee against collection of lease rentals/hire charges and ultimate re-import. Exporters should apply for necessary permission, through an AD Category – I banks, to the Regional Office concerned of the Reserve Bank, giving full particulars of the goods to be exported. A) Inter-Project transfer of machinery – The stipulation regarding recovery of market value of the machinery, etc., from the transferee project has been withdrawn.

As a outcome, a new brand extension taxonomy is required that might be extra comprehensive for retailers. Line extensions due to this fact involve the launch of recent merchandise from the identical category or product class beneath a well-known brand identify such as Coca-Cola launching Diet Coke and Diet Caffeine-Free Coke. Brand extensions at the moment are a commonplace growth strategy for many corporations. AD Category – I banks may permit exporters to repay packing credit advances whether availed in Rupee or in foreign currency from balances in their EEFC account and / or Rupee resources to the extent exports have actually taken place. When compared to the launch of a new model, this method provides incremental value and reduces risk and costs. This technique is extra common for corporations whose current model equity is robust sufficient to influence current customer base and brand loyalty to increase profits with the new product category providing.