The Financial Action Task Force (FATF) is the global money laundering and terrorist financing watchdog, who sets international standards that aim to prevent illegal activities that cause harm to society. The inter-governmental body established in 1989 during the G7 Summit in…
Due to the Russian invasion of Ukraine, European Union has prohibited global transactions with Russian entities using euro-denominated banknotes, while the U.S.A. has also stopped access to the U.S. Dollar. This made India, which continues to trade with Russia, consider reviving…
Exporter and Importer from India entered in arrangement where the goods were shipped to (or received from) the UAE and payments are received (or made) to UAE companies. Such a strategy has been put in place by many Indian companies…
The event was organized by FIEO on Capacity Building Programme: Awareness Programme on Exports India@75 - District As Export Hub. One of the Topics at the event was Trade Compliance under RBI Guidelines Trade compliance, unlike any other compliance, be…
We (Sriya Enterprise) are happy to be part of Capacity Building Programme: Awareness Programme on Exports India@75 - District As Export Hub at Vadodara in association of FIEO @ Surya Palace for delivering session on Trade Compliance under RBI guidelines
Session on Regulation with EDPMS and IDPMS with the Industry in association with Princeton Academy at Mumbai. This session was enlightening, as the issues faced by the industry with various operational issues in compliance with InternationalTrade RBI regulation. The reason…
As per Indian figures, bilateral trade during April 2020-March 2021 amounted USD 8.1 billion. Indian exports amounted USD 2.6 billion while imports from Russia amounted USD 5.48 billion. For the same period, as per Russian figures, bilateral trade amounted to…
New Age Trade Finance Models are Emerging to Accommodate the Changing business scenario Sriya enterprise is a Trade Finance, FEMA, Banking Regulation along with Export Factoring Advisory firm. We provide a complete bouquet of services in all the above-mentioned areas…
RoSCTL - Rebate of State and Central Taxes and Levies is a government scheme to rebate all embedded State and Central Taxes/levies meant for exports of made-up articles & garments. These rebates are issued in the form of duty credit…
Supply chain finance (SCF) is a solution that facilitates lower financing costs and improves business efficiency for buyers and sellers in a sales transaction. Unlike traditional lending institutes, SCF is an avenue for collateral-free financing in the form of invoice…
