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    Evidencia 6 Video Steps To Export.

    Uploaded by

    Andrea Ardila
    This document provides a 7-step guide to the export procedure and documentation in India. It outlines the key steps including: 1) deciding what and where to export based on international demand and export regulations, 2) registering your business as a sole proprietorship, partnership, or company, 3) opening a bank account and obtaining a PAN number, 4) obtaining an Import Export Code (IEC), 5) applying for a Registration Cum Membership Certificate (RCMC) depending on your product, 6) obtaining any necessary licenses and documents depending on country and product, and 7) obtaining required shipping documents such as a commercial invoice, bill of lading, and packing list.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Evidencia 6 Video Steps To Export.

    Uploaded by

    Andrea Ardila
    13 views3 pages
    This document provides a 7-step guide to the export procedure and documentation in India. It outlines the key steps including: 1) deciding what and where to export based on international demand and export regulations, 2) registering your business as a sole proprietorship, partnership, or company, 3) opening a bank account and obtaining a PAN number, 4) obtaining an Import Export Code (IEC), 5) applying for a Registration Cum Membership Certificate (RCMC) depending on your product, 6) obtaining any necessary licenses and documents depending on country and product, and 7) obtaining required shipping documents such as a commercial invoice, bill of lading, and packing list.

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    Evidencia 6 Video Steps to export.

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    This document provides a 7-step guide to the export procedure and documentation in India. It outlines the key steps including: 1) deciding what and where to export based on international demand and export regulations, 2) registering your business as a sole proprietorship, partnership, or company, 3) opening a bank account and obtaining a PAN number, 4) obtaining an Import Export Code (IEC), 5) applying for a Registration Cum Membership Certificate (RCMC) depending on your product, 6) obtaining any necessary licenses and documents depending on country and product, and 7) obtaining required shipping documents such as a commercial invoice, bill of lading, and packing list.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    13 views3 pages

    Evidencia 6 Video Steps To Export.

    Uploaded by

    Andrea Ardila
    This document provides a 7-step guide to the export procedure and documentation in India. It outlines the key steps including: 1) deciding what and where to export based on international demand and export regulations, 2) registering your business as a sole proprietorship, partnership, or company, 3) opening a bank account and obtaining a PAN number, 4) obtaining an Import Export Code (IEC), 5) applying for a Registration Cum Membership Certificate (RCMC) depending on your product, 6) obtaining any necessary licenses and documents depending on country and product, and 7) obtaining required shipping documents such as a commercial invoice, bill of lading, and packing list.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 3

    Actividad de aprendizaje 10

    Evidencia 6: Video Steps to export.

    Guide on export procedure and documentation

    1. Decide what and where to export

    The first step in export procedure is to understand international markets and the products in
    demand across the world. This will help you decide what is the right marketplace for your
    export business from India. As per the Export Import (EXIM) Policy, DGFT categorizes
    products into four categories2:

    Free: products under this category can be exported without requiring any additional
    permission from DGFT, if the product is booked under ITC(HS) and abides by the laws of
    the importing country as well. For instance, books, apparel and spices.

    Restricted: before exporting any restricted goods, exporter must obtain permission from the
    concerned authorities. There are a set of export procedures and conditions that must be
    followed to sell these products internationally. For instance, sandalwood, drugs and
    medicines.

    Prohibited: the products under this category cannot be exported under any condition. For
    instance, animals and birds.

    2. Register your business

    To start an export business, set up a sole proprietary concern, partnership firm or a


    registered company, as per the standard export procedures.

    3. Open bank account and PAN

    A current account authorized to receive foreign payments must be opened with a bank.
    Along with this, apply for a PAN card (in the name of exporter/business) from the Income
    Tax Department.
    4. Obtain IEC

    According to the Foreign Trade Policy, it is mandatory to have an IEC (Import Export
    Code).

    5. Avail Registration Cum Membership Certificate (RCMC)

    Depending on the product you are exporting, apply for RCMC from the respective Export
    Promotion Council to get benefits under FTP and avail assistance and guidance from the
    government.

    6. Obtain licenses and documents

    Depending on the destination country and product category, it is mandatory to obtain


    necessary licenses and documents.

    7. Obtain shipping documents

    Depending on the shipping mode, a few documents need to be filed. Commercial Invoice,
    Bill of Lading, Packing List and Shipper’s Letter of Instruction are some of the mandatory
    documents required.

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