Export Import Insights | Impex Consultancy

  How to Start an Import-Export Business in India: Complete Step-by-Step Guide Starting an import-export business in India can open opportunities to sell Indian products in international markets or source products from overseas suppliers. However, success requires more than finding a buyer or supplier. You need the right business structure, registrations, product classification, documentation, logistics arrangements, and cost calculations. Whether you are a manufacturer, trader, wholesaler, small business owner, or first-time entrepreneur, this guide explains how to start an import-export business in India step by step. In this article, you will learn: How to select an import-export business model Which registrations and documents may be required How to obtain an Importer Exporter Code (IEC) How to find international buyers and suppliers How to calculate costs and profit margins How to manage customs clearance and shipping Common mistakes new importers and exporters should avoid Im...

  Import Customs Duty in India: How to Calculate Customs Duty, IGST & Total Import Tax Importing goods into India involves more than simply paying the supplier. Importers may need to account for customs duty, IGST, applicable surcharges or cess, freight, insurance, port and customs clearance charges, and other logistics expenses. Understanding how import duty is calculated is therefore essential before placing an international purchase order. A small mistake in HS Code classification, customs valuation, country of origin, exemption eligibility or documentation can affect the final landed cost. In this guide, we explain the basics of import customs duty in India , including Basic Customs Duty (BCD), Social Welfare Surcharge (SWS), IGST, assessable value, preferential duty, customs valuation, Bill of Entry and common mistakes. Important: Customs duty rates and applicable taxes depend on the product, HS/CTH classification, country of origin, notifications, exemptions, trade agr...

A Complete Guide to Reducing Customs Duty, Freight, Landed Cost & Other Import Expenses Importing goods from overseas can provide significant business opportunities, but the actual cost of imported goods is much more than the supplier's purchase price . An importer may have to consider: Product cost Freight Insurance Customs duty IGST Port charges Customs clearance CFS/terminal charges Transportation Bank charges Documentation Storage Demurrage Other logistics expenses This is why businesses should focus on landed cost optimization , rather than simply negotiating a lower supplier price. In this article, we explain 15 practical ways Indian importers can control and reduce avoidable import costs . Important: Customs duty, taxes, exemptions, trade-policy requirements and other charges depend on the product, classification, origin, transaction structure and applicable rules. Always verify the current requirements for your specific shipment. What Is Import Cost? The purchase price...