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...

Understand HS Classification, Customs Duty, Import-Export Policy & Common Mistakes Choosing the correct HS Code is one of the most important steps in an import or export transaction. Many businesses select an HS Code based only on the supplier's invoice, an internet search, or a code used for a similar product. This can be risky. The correct classification can affect: Customs duty Import policy Export policy Licensing requirements Regulatory compliance Trade agreement benefits Customs clearance Documentation Overall landed cost For this reason, HS classification should be checked before placing an import order or shipping an export consignment. Important: HS classification depends on the actual characteristics of the goods and the applicable tariff rules. The information below is for general educational purposes and should not be treated as a classification ruling for a specific product. What Is an HS Code? HS Code means Harmonized System Code ...

  What Is a Certificate of Origin and Why Is It Important in International Trade? When goods are exported from one country to another, the buyer, customs authorities or other parties may need to know: “Where were these goods manufactured or produced?” This is where a Certificate of Origin (COO) becomes important. A Certificate of Origin is a trade document that certifies the country of origin of the goods . For Indian exporters, understanding COO requirements is important because the document may be required for: Customs clearance in the importing country Claiming preferential tariff benefits, where applicable Meeting buyer requirements Supporting trade documentation Establishing the origin of goods In this guide, we explain the Certificate of Origin process in simple terms. What Is a Certificate of Origin? A Certificate of Origin (COO) is a document that indicates the country in which goods originate, subject to the applicable origin rules. For example: ...