How To Export
“A business coach is like the lighthouse in the dark waters, definitely bringing
you to shore safely.”
India’s Foreign Trade i.e. Exports and Imports are regulated by Foreign Trade Policy notified by Central government in exercise of powers conferred by section 5 of foreign trade (Development and Regulation) Act 1992. Presently Foreign Trade Policy 2015-20 is effective from 1st April, 2015. As per FTD & R act, export is defined as an act of taking out of India any goods by land, sea or air and with proper transaction of money.
Export Steps
- Establishing an Organization
- Obtaining Importer-Exporter Code (IEC) Number
- Registration cum membership certificate (RCMC)
- Opening a Bank Account
- Selection of product
- Selection of Markets
- Finding Buyers
- Finding Suppliers
- Sampling
- Pricing/Costing
- Negotiation with Buyers & Suppliers
- Covering Risks through ECGC
- Processing an Export Order
- Documentation
- Receiving Payments
- Realization of Export Proceeds
Quick Link
- Webinar
- Training
- Licenses
- Website Development
- Buyer Data
- Resources
Link
- Webinar
- Training
- Licenses
- Website Development
- Buyer Data
- Resources