Ask the CFO of any company engaged in cross-border trade what keeps them up at night, and chances are, they’ll mention the inherent risks that global trade involves. International trade operations have to bear the brunt of market and currency fluctuations, geopolitical issues and crises, and overall uncertainty in the international trade partner. To add...
The Harmonized System of Nomenclature (HSN) is the backbone of international trade classification. Globally, these codes categorize goods uniquely to ease their movement across borders. For Indian companies, eight-digit HSN codes are vital in Exim documentation and tax compliance. Getting these codes right is not just critical but also a strategic practice for optimizing costs...