How to start Import-Export business in India?

Answer 1

There are various ways you can start import export trade. few of them are:

You need to handle your trade on an everyday basis with information about market study and scheduling, promotion, bookkeeping and accounting, formative your target audience, how to scrutinize the market competition and much more.

Better to watch video on export import in India

http:/www.indiaimportexportdata.com/Import_Export_Business_India.php

Also you can get free sample data on export import at www.cybex.in

To start Export Import Business in India, First you have to Decide1. whether you are a manufacturer or merchant

2. the Organisation type ex. Sole proprietor, partnership, private limited

3. Products you are going to export

4. Markets ( Countries ) you are targeting

If you chose to act as a Sole proprietor and Merchant do complete the

following formalities

1. Name your Business

2. Arrange for Letter Heads, Business cards , Envelops and Seals

3. Apply for PAN card

4. Open a Current Account

5. get Importer Exporter Code Number

6. Get RCMC from Export Promotion councils if you have chosen u r product

7. Register with Sales tax authorities

after the registrations are over, have a WEBSITE for your company with product

profiles

2. Selection of Products

It is better to select with products with which we have Previous Experience

or our family business or we have a education or training

study about the varieties available , specifications , price, available seasons

its shelf life etc

then refer ITC ( HS ) to know the HS code of the Product and its exportability

or importability according to our Indian government's FTP

then refer Annual Statistics of Foreign trade published by DGCIS, Kolkatta

by analysing this statistics you can decide the best markets

then concentrate on the particular country to find Buyer for your products

FOCUS with HARD WORK pays if you are interested pls mail me

contactvicta@gmail.com

Answer 2

To start a export business in India, you have to furnish the following:

Register your company in District trade center.

Apply for TIN/CST/VAT in your company name.

Open a current account in your company name in any nationalized bank.

Apply for IE code in DGFT office which is close to you.

Become a member in Export promotion council.

The total cost would be to complete these registration around Rs. 30,000/-

Answer 3

Rules of Practice and Procedure is designed to assist the agent who may be unfamiliar with either the Travel Agent Arbiter Program or the arbitration process, or both. It is not meant to be a substitute for the Rules, but merely a starting point for the uninitiated.

Answer 4

Starting a spices export business from India will take a lot of work. You will have to be knowledgeable of business accounts, as well as local zoning and business laws for the provinces of India you wish to start the business in.

Answer 5

To start an export business, the following steps may be followed:

Establishing an Organisation

Opening a Bank Account

Obtaining Permanent Account Number (PAN)

Obtaining Importer-Exporter Code (IEC) Number

Registration cum membership certificate (RCMC)

Selection of product

Selection of Markets

Answer 6

If you're a business owner exporting spices from India, you'll be glad to know that you are eligible for various subsidies. Sellers can ship samples to prospective clients for lower fees.

The first step in starting a spices export business in India is making sure that you are an Indian citizen. You will need to register your business under an MCA and get an Import Export Code (IEE) issued by the Directorate General of Foreign Trade (DGFT).

Acquiring the Spice Registration Certificate is an important step towards getting your business internationally recognised and approved for trading or selling. You have to apply for registration online for the CRES (Certificate of Registration As Exporter of Spices) certificate issued by the Indian Spices Board to obtain it.

The following documents need to be submitted for completing the registration process:

• PAN Card and IEC Certificate
• Incorporation Certificate from Ministry of Corporate Affairs
• Confidential Bank Certificate
• Bank statements
• MSME Registration and Phytosanitary Certificate
• GST Tax Registration Documents
• ₹5,000 Demand Draft drafted in favour of Indian Spices Board
• Scanned passport-size photos attested by an authorised entity of the organisation

Suppose you are a business dealing with producing, manufacturing, and distributing ground spices. In that case, you will also need to obtain a BIS (Bureau of Indian Standards) certification from the ISI. The ISI mark is a widely recognised production quality certificate in India, and there are over 351 mandatory products that need it before being sold commercially. An FSSAI Registration Certificate and an ISO Certification are required when starting a spices export business in India.

The next important step is determining your target market. If you have problems with finding buyers Export Portal can help you with that. This platform allows companies to quickly and easily target a large number of buyers across a larger variety of industries, including yours.