ShiprocketX, the cross-border shipping division of Shiprocket, has introduced two innovations to streamline global trade for Indian exporters. The new Delivered Duty Paid (DDP) service for the USA and Canada allows sellers to book shipments and view upfront duties and tariffs, ensuring compliance with no hidden costs. Starting at just ₹375 for 50 grams, this initiative simplifies customs duty management and enhances transparency, making cross-border deliveries more accessible for small and mid-sized businesses.
Additionally, the HSN Vision tool utilizes AI to help exporters instantly identify the correct Harmonised System of Nomenclature (HSN) codes by uploading product images. This feature automates duty and tax calculations, reducing classification errors and improving operational efficiency.
According to Akshay Ghulati, CEO of International Shipping at Shiprocket, these solutions equip Indian businesses to navigate evolving tariff changes, removing traditional trade barriers and democratizing access to global markets.
Source link
