Thứ Sáu, 28 tháng 12, 2012
Why use Groupon Clone?
Thứ Năm, 27 tháng 12, 2012
What is Export of Service?
Defining export of service has been very tricky due to intangible nature of service transaction. Due to this nature of services, there has been constant confusion regarding meaning of export of services. In Microsoft Corporation India Pvt. Ltd. v. CST, New Delhi [2009 (15) STR 680], an attempt was made to define the export transaction in services. This case relates to Stay application and hence the view taken by the Hon’ble Tribunal in this case is prima facie view. This prima facie view has also been approved by Delhi High Court as reported in 2009 (16) STR 545 (Del). The facts in the Microsoft case is that M/s Microsoft India Pvt. Ltd. has an agreement with Microsoft Singapore Operation Limited. On behalf of the Singapore entity, Microsoft India was providing services to customers based in India. M/s Microsoft India was receiving payment from M/s Microsoft Singapore in foreign currency. The question was whether it is export of service? The Hon’ble Tribunal held, “The service provided in India was consumed without reverting back to foreign principals for consumption abroad. Ultimate outcome of service having been exhausted in India, there appears to be no export of such services since efforts in India generated service recipients in India only. The benefit of service terminated in India only without travelling abroad. Whether service is directly provided by a foreign principal in India or foreign principal providing service in India through its agents in India makes no difference under Service tax law when Service tax is a VAT and that too destination based consumption tax.”
In any transaction related to Service, we need to understand as to who is the Service Recipient. Service recipient is the person who is making payment for the service. Any person who is not making payment of services to the service provider is not a service recipient in the eyes of service provider. Further, service provider is not raising any bill to the person who is not paying for the services, and hence he cannot collect service tax from that so called service recipient. In the present case there are two transactions. Microsoft India is providing services to Microsoft Singapore. This is export of service. Various persons in India are receiving services from Microsoft Singapore, and they may be liable to pay Service Tax through reverse charge method under Section 66A of the Finance Act. The distinction between Service Recipient who is paying from the service, and persons actually availing benefit of these service are always different. A corporation, who generally pays for the services cannot avail benefit of most of the services- it cannot stay in hotels, or travel. It cannot use software also. The persons actually availing these services are different from corporation. It appears that in the present case these points were not considered and I am sure at the time of final disposal of the case, these issues will be examined.
Export of Service Rules, 2005 defines export of services in two parts. Rule 3(1) defines export of services in terms of places where services are provided or received. Rule 3(2) defines export of services in terms of payment received in foreign exchange. It is to be noted here that Rule 3(1) and 3(2) are independent of each other, i.e. a provision of service is export of service if it satisfies either the definition of 3(1) and 3(2). Export of anything (goods or services) and receipt of payment in foreign exchange are two entirely different things, governed by different statute. Export is governed by trade & revenue statutes, where as receipt of payment is governed by Foreign Exchange Management Act. Thus there can be export f goods and services, without receipt of payment in foreign exchange. In custom parlance, connected with export of goods, it is well known in terms of waiver of Guaranteed Receipt given by the authorized dealers. Let us take a simple example. Jet airways provides air travel services from London to Newyork. An Resident Indian national book an air ticket. Obviously the Indian national is required to make payment to the Service provider in Indian Rupees. Is it export of Service? Obviously yes. Irrespective of the fact that payment is received in Indian Rupee, it is an export of service. These types of cases are covered in Rule 3(1) of the Export of Services Rule, 2005. Rule 3(2) of the Export of Services Rules defines what we understand as “deemed export”. It reads as, “The provision of any taxable service specified in sub-rule (1) shall be treated as export of service when the following conditions are satisfied, namely……….” The term treated as export of service is very important. What Rule 3(1) defines is export of service, whereas Rule 3(2) defines as something which may not be export of service, but shall be treated as export of service. Let us take another example of Jet Airways. It provides air travel service from Delhi to Mumbai. Say, a person based in London book a ticket for this service. Obviously he will pay in foreign exchange. Is it export of service? In terms of Rule 3(1), it is not export of service but due to deeming definition of Rule 3(2) of Export of Service Rules, it is export of service. The concept of export and deemed export is well known in tax parlance. Rule 3(1) provides the concept of export, whereas Rule 3(2) defines the concept of deemed export, i.e. something which will be treated as export. When those concepts are applied to Rule 3(1) and 3(2) of Export of Services Rules, the matter becomes clear and easy to comply with.
Thứ Ba, 25 tháng 12, 2012
WordPress Groupon
EXPORT STRATEGY
Chủ Nhật, 23 tháng 12, 2012
Store Locator
Thứ Năm, 20 tháng 12, 2012
How to Get Started in the Import Industry
Step #1. Research the product you want to import:
Most companies already have a product that they want to buy or produce and sell in the market. However, if you are still in the planning phase, include researching the products that you will be importing in your list of priorities. Remember to check out your competition. Importing products that other players are in already selling will affect your pricing limits. If you want to be competitive, you want to make sure that aside from selling quality products, you should be able to realize an ideal amount of profit after all the additional costs of importing and other possible expenses.
Step #2. Can your products be imported?
When you have an idea of what products will sell to your target market, then it is time to find out whether or not the goods can be imported. Most items can be imported. However, there are certain types of food, equipment, and plants that cannot be shipped from one country to another. Determine which countries offer the products you need. Then, communicate with the export bureaus of that country to determine whether you can import the items that you wish to bring to and sell in your country.
Once you have a list of those items, check whether the products require licenses from the Department of Trade and Industry Import Licensing Branch before being legally imported so that you can make the necessary arrangements.
Step #3. Apply for a registration number and other requirements.
Starting an import business brings forth many legal requirements. There are federal, state, or local permits and licenses that you need before your operations can commence. Since the regulations differ depending on the industry, location of your business, and various other factors, accomplishing the mandatory licenses and permits should be your priority.
You can arrange all of these legal prerequisites on your own or you can make life simpler by hiring a full service, certified customs broker. A qualified customs broker can prepare all the documents needed for importing goods. Make sure that you will be hiring a customs broker licensed by the U.S. Customs and Border Protection Service.
Step #4. Establish good business relationships with buyers.
Because you will be engaged in the importing business, many of your buyers or customers will be intermediaries or distributors. It is important to establish good trading relations with these people to ensure that they will continue to do business with you in the future. Do not take shortcuts when setting up relationships with potential dealers. There are a lot of importers out there, and a dealer wants to deal with an importer who gives them personal attention and service. Dealers are the lifeblood of most import operations; when you run into a product defect or delayed shipping, a dealer will be far more likely to stick with you if they have been treated as a top priority from day 1.
Step #5. Find a financial institution that provides a good international banking support.
It was mentioned earlier that starting an import company can be expensive. Its ongoing management can be more so. For this reason, finding a banking institution that can provide you with your financial needs both for your local and international operations is essential. A bank that will offer you a line of credit is useful. You will also need a bank that can create a letter of credit. A letter of credit is a way to secure a factories performance before they receive the funds from the bank. This works in essentially the same way an escrow account works in real estate. The bank holds the money until the factory performs, and which point the factory will receive payment from the bank.
Step #6. Find a customs broker that will handle all of the paperwork and logistics of the import.
You want to be in the business of developing, marketing, and selling a great product. What you want to avoid is spending days figuring out customs paperwork, coordinating the logistics of ocean freight, local drayage, and other import related headaches. Choose a customs brokerage service that agrees to handle all of the above.
These are basic steps to help you start your importing business. The stakes are high and although there are serious risks involved, it is no longer possible for any product based business to ignore international trade. If you do, a competitor will do it it, and your business will likely suffer.
Article Source: EzineArticles.com
Thứ Tư, 19 tháng 12, 2012
Groupon clones offer glimpse of the future
Thứ Ba, 18 tháng 12, 2012
Naming Your Import/Export Business
After you have come up with a trade name that best fits your long-term mission and doesn't mean anything bizarre, off-putting or inappropriate elsewhere in the world, have your attorney conduct a legal search to insure that you are not infringing upon anyone else's company name. Your attorney should also register the name with the appropriate intellectual property authorities.
To begin the naming process, you must decide exactly what your business will do. Be specific about your business intentions without being too narrow. Imagine owning and running this business for a lifetime. Focus on your personal values and how they will drive your business. Spend as much time on this as you would naming a child -- it is almost as important a relationship.
When you are developing your ideas for a company name, it should move from the general to the specific. The process could look like this:
1. I am going to import/export ...
Earrings.
Specifically:
Import/export inexpensive costume earrings.
More specifically:
Import/export costume earrings that never cost me more than $1 a pair.
Most specifically:
Import/export pierced and clip-back costume earrings that never cost me more than $1 a pair and are nicely gift-boxed.
2. Twenty years from now I see myself ...
Working with numerous quality suppliers to offer hundreds of varieties of earrings and other jewelry items to customers worldwide.
3. Values that are important to me ...
Honesty, integrity and trust. I am concerned about excellence. I respect people, look out for their welfare, and believe that they are the heart of an enterprise. Employees come first; customers all over the world who love my products come next.
4. How much do I believe in myself and in my company's direction?
I believe in myself one hundred percent. I know I can make this happen. As long as I continue to believe in myself, I will lead the company in the right direction to achieve success.
After a thorough analysis, you will have a clearer picture of your company and where it is headed. You should be able to name your business and create a flexible mission statement to reinforce and encapsulate your corporate goals. It should contain a statement of purpose that is timeless, and distinctive enough to set you apart from competitors. Here's an example of Jewelry Import/Export Company's mission statement:
"To import/export world-class costume jewelry at affordable prices."
This statement is good enough for now and it can easily be altered over time, but the basic premise will remain the same.
When I started my company, I knew I wanted to import, export, and do a little sourcing of products worldwide. I didn't know, however, what my specialty product would be. I sat down with a pad of paper and wrote down words that fit my idea of what my company was going to do:
Global TradeSource, Ltd. was originally formed to export housewares, but after six unsuccessful months, we switched to food. If the company had been named "Export Housewares," it would have been difficult to make the change. That is why it is important to be specific but not too narrow.
It is important to select a name you can live with for a long, long time and one that holds up well as a website name too. Take some time now to draft a few ideas for your own import/export shop.
Thứ Tư, 12 tháng 12, 2012
How to establish an import/export bussiness
Benefits Of Starting A Groupon Clone Site
Ecommerce sites such as Groupon can drive traffic to stores during slack times, help reduce inventory, help stores quickly sell perishable inventory, and build customer loyalty. At present, however, the major ecommerce sites are only available in select markets.
Groupon Clone, however, is a program with all of the necessary functions to allow you to start your own local ecommerce site. If you live in a small town, or any place Groupon does not reach, this program is for you.
Group buying sites work in the following way. Merchants put up “deals” for specific merchandise, percent off of merchandise, or other products and services. If enough people select the “deal”, it goes active. The number of “deals” is limited, encouraging customers to select them quickly or lose out.
By putting limitations on the “deal,” such as a certain time of day it must be used, the merchandiser can drive large volumes of traffic to their store at times of the day that are normally slow, sell perishable merchandise before it spoils, or sell inventory to make room for new merchandise.
Customers get a get a good deal on a product or service, get to try merchants they might not have known existed otherwise, and may become loyal customers. Everyone wins with ecommerce sites.
When the “deal” is over, ecommerce sites give the merchant their percentage of the proceeds while retaining some of them for administration and overhead. However, one of the advantages of running your own local Groupon Clone site is that you keep those administration fees for yourself. In addition, if you get other merchants to participate in the site, you get to keep their administration fees for yourself, opening another revenue stream.
Starting a local Groupon Clone site is easy. The professionals at Contus Groupon Clone will discuss what features you need for your site with you in a free live chat at Matamko forum. They will then install the program on your server for free and provide six months of free support for you. Addons include mobile phone aps for merchants and customers, facebook aps, and customization of themes for your site.
Customers love Contus Groupon Clone. Ziad Boutros Tannous, Co-Founder / Managing Director at Dependent Lifestyle FZ LLC had this to say about us:
The Magento based Contus group deals buying clone is a very solid and stable piece of software. I worked with Contus for the last 7 months or so and I strongly recommend them as they have a very competent and professional team standing behind their top of the line script and also they are characterized with a stellar support. I highly recommend them!
Contus Groupon Clone runs on Magneto ecommerce platform and is very stable and reliable. It provides all the functionality you need to be running your own ecommerce site. Contact us today and get started earning money with ecommerce! Simply go to Matamko and speak with a representative. They will walk you through choosing the best options for your business and setting up the site.
Thứ Hai, 10 tháng 12, 2012
Attack of the Groupon Clones!
Why use WordPress Groupon?
Thứ Năm, 6 tháng 12, 2012
Import definition
- An import of a good occurs when there is a change of ownership from a non-resident to a resident; this does not necessarily imply that the good in question physically crosses the frontier. However, in specific cases national accounts impute changes of ownership even though in legal terms no change of ownership takes place (e.g. cross border financial leasing, cross border deliveries between affiliates of the same enterprise, goods crossing the border for significant processing to order or repair). Also smuggled goods must be included in the import measurement.
- Imports of services consist of all services rendered by non-residents to residents. In national accounts any direct purchases by residents outside the economic territory of a country are recorded as imports of services; therefore all expenditure by tourists in the economic territory of another country are considered as part of the imports of services. Also international flows of illegal services must be included.
- Data on international trade in goods are mostly obtained through declarations to custom services. If a country applies the general trade system, all goods entering the country are recorded as imports. If the special trade system (e.g. extra-EU trade statistics) is applied goods which are received into customs warehouses are not recorded in external trade statistics unless they subsequently go into free circulation of the importing country.
- A special case is the intra-EU trade statistics. Since goods move freely between the member states of the EU without customs controls, statistics on trade in goods between the member states must be obtained through surveys. To reduce the statistical burden on the respondents small scale traders are excluded from the reporting obligation.
- Statistical recording of trade in services is based on declarations by banks to their central banks or by surveys of the main operators. In a globalized economy where services can be rendered via electronic means (e.g. internet) the related international flows of services are difficult to identify.
- Basic statistics on international trade normally do not record smuggled goods or international flows of illegal services. A small fraction of the smuggled goods and illegal services may nevertheless be included in official trade statistics through dummy shipments or dummy declarations that serve to conceal the illegal nature of the activities.
What is EMS? Different service, definition of EMS as defined by EMS cooperative
- Express Mail Service - EMS is an express delivery service which connects more than 190 countries and territories worldwide. Marami pong ountries around the world ang counterpart namin dito sa Pilipinas.
- A priority mail service - EMS is provided by the Post as their postal express service for documents and merchandise. EMS takes priority over other postal services. -Opo, ito po ay serbisyong ibinibigay ng postoffice(Philpost)
- Convenient - EMS can be sent from Post Office counters in over 190 countries or it can be collected from customer's premises. The EMS network has the most customer access points in the world based on Post Office counters.
- Largest delivery network worldwide - EMS postal operators have the largest last mile coverage worldwide supported by the postal delivery network.
- EMS offers the following main characteristics*:
- acceptance at any Post Office
- priority handling from acceptance to delivery in the destination country or territory,
- end-to-end tracking,
- signature on delivery,
- delivery of items at addressee's premises. * Depending on the features of the service offered by the postal operator
Thứ Tư, 5 tháng 12, 2012
GroupDeals Plugin for WordPress to Free Groupon Clone
- Tight integration to WP 3.0 (and 3.1) and WPEC 3.8
- New user roles and capabilities for Daily Deal Subscribers
- Custom Post Types used for Vendors, Group Deal Purchases and of course the deal itself.
- AJAX User Registration
- Packaged with a 2010 child theme that is a great starting place for any site (Currently, the basic “Groupon” design)
- Automatically emails site owner, business and consumer when a deal “tips”.
Thứ Ba, 4 tháng 12, 2012
How to Build a Site Like Groupon With WordPress
- Show live deals, expired deals and all deals
- Buyer/Seller Dashboard to submit, deactivate, activate, delete or modify their own deals
- Admin can accept, reject or feature a deal on the homepage
- User dashboard to view deals, ma
- reCAPTCHA enhanced security.
- Complete moderation of deals.
- Full featured notification emails to buyers, sellers and admins.
- Transactional reports.
- Featured deals on homepage + Category-wise deal widget.
- 7 different payment gateway options
- One Click – Auto install of the theme.
- Five detailed color schemes
- Localization support.
- PSD File included with developer license
- Multi level drop down menu
- Custom page templates
- Custom built, dynamic widgets that you can use multiple times.
- Standard WordPress Blog & Pages
- Gravatar Support & Threaded Comments
- Built-in Ad Monetization
- Widget Ready with custom widgets
- Valid, Cross browser compatible
Enhanced Messaging Service (EMS)
Pet Import Singapore
- The licence is renewed annually.
- AVA is informed of the change of ownership of the dog.
- AVA is informed of change of address where the dog is kept.
- AVA is informed should the dog be lost or if it has died.
- The conditions of licence are met.