Page 69 - eBook: EXIM for Beginner
P. 69

OFFICIAL / REGULATORY documents:



           a. Export permit


           • Permission or licenses required for doing business with


              companies/organizations which are present in other


              countries.


                • i.e. to import international goods within your country or


                   the export local goods to international markets, you


                   need import or export license.


           • Export license is a document issued by a government agency


              to monitor the export of sensitive technologies ,prohibited


              material, dangerous materials, strategic materials, or goods


              in short supply in the home market.


           • Import license is a document issued by a national


              government authorizing the importation of certain goods


              into its territory.
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