Import Export Procedure in India | Export registration procedure in India First, the exporter is registered his firm/company with government authority/rules because of smoothly procedure of export trade.
1) Register of the firm/ organization
First, The exporters are first registered his organization chooses by them with government authority & Act, as Proprietor firm, Partnership firm, private limited firm, LLP firm etc…
2) Obtaining PAN No. (permanent account number)
Second, The exporters are compulsory required PAN Number which is taken by the income tax department of India, as per there firm i.e Proprietor firm, Partnership firm etc..
3) Open the current bank account
Third, required to open a current bank account with your firm/ organization with the commercial bank under reserve bank of India (RBI) for foreign exchange translation & finance for pre-shipment & post shipment.
4) Obtaining IEC No. (importer-exporter code number)
This is mandatory to every exporter obtain IEC No. issue by DGFT -Directorate General of Foreign Trade to import & export in India. IEC code is a unique 10 digit code, no one can export or import without import export code.
To apply for IEC No. List of documents are required as listed below:
a) PAN Number
b) Current bank account
c) Banker certificate
d) Two copy of passport size photograph
e) physical application copy with contain documents.e) IEC number Application fee RS.1000.00
Also today, DGFT provide facility to apply online IEC application with all the required documents, directly go to DGFT website and apply.
5) Registration with GST (Goods and Service Tax)
The mandatory process to register with GST council of India, for all the exporters like manufacture exporters or merchant exporters for export purpose as well as those local market purpose.
6) Registration with EPC (Export promotion council)
Register with appropriate Export promotion Council and obtain Registration-cum-Membership Certificate (RCMC) for some benefit at government side for foreign trade policy 2016-2021 are only registered exporters having valid RCMC.
I hope you understand the process of Export registration procedure in India.