Export Import Insights | Impex Consultancy

  Understand Your Real Import Cost Before Placing an Order Product price is not the same as import cost. An overseas supplier may offer you an attractive price, but after adding freight, customs duties, applicable taxes, port charges, clearance, transportation and other expenses, the final cost can be significantly higher. This final cost is commonly referred to as the landed cost . Understanding landed cost before placing an import order can help businesses compare suppliers, determine selling prices and make better purchasing decisions. What Is Landed Cost? Landed cost is the overall cost associated with bringing imported goods from the supplier to the intended destination. A simplified formula is: Landed Cost = Product Cost + Freight + Insurance, where applicable + Customs Duties & Applicable Taxes + Clearance & Logistics Costs + Other Applicable Charges The exact calculation depends on the product, transaction structure, Incoterm, customs valuation and applic...

  Import Business in India | Import Procedure | Customs Clearance | Import Duty | Landed Cost India is a major global market for raw materials, machinery, components, finished goods and specialized products. For Indian businesses, importing can provide access to products and resources that may not be readily available domestically or may be available internationally at commercially attractive prices. But successful importing requires much more than finding an overseas supplier. You need to understand supplier selection, product classification, import regulations, documentation, customs, duties, freight, payment terms and landed cost . In this guide, we explain how to start an import business in India , step by step. What Is an Import Business? An import business involves purchasing goods from a supplier located outside India and bringing those goods into India for: Manufacturing Resale Distribution Trading Industrial use Business consumption Further processing Importers may include...

  Export Import Business in India: A Complete Beginner’s Guide Export Import | International Trade | Business Guide By Impex Consultancy Practical Insights on Export, Import, Trade & Global Business India has become one of the world's major trading economies, creating significant opportunities for businesses looking to expand into international markets. Whether you are a manufacturer, trader, startup, or established business, entering the export-import sector can open doors to customers and suppliers across the globe. However, international trade involves more than simply buying or selling goods across borders. Proper documentation, customs compliance, logistics, taxation, payments, and regulatory requirements are essential for a smooth and successful transaction. In this guide, we explain the basic export-import process in India and the key points every new exporter or importer should understand. What Is Export and Import? Export means selling or supplying goods or services f...