Question

Difference between export order vs.import orders

Answer 1

Export order and import your order is basically sales of services or goods to Overseas customer whereas Import refers to buying a services or goods from Overseas supplier. The services may be in the nature of Technical assistance, Designing services, any server related services or other services which do not involve physical import into the country. Similarly, goods refer to raw material, capital goods e.g.- Machines, machinery parts or Capital accessories, etc.