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 Forums Index>> International Trade - Basics >> EXPORT PROCEDURE
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Author
DINESH KUMAR-dineshkumar

Ms. DINESH CHANDER KUMAR
PROPRIETOR
DINESH KUMAR
Navi Mumbai, India
Free Member
Joined :08/21/2005
No of Topics Posted : 1
Reply/Comments : 0
TOPIC : EXPORT PROCEDURE

Can any one help me in knowing the procedure of Exports in a very simple way? I shall be grateful


Author
Posted on 20 July 2007 at 16:46:00 [Message #339 ]
Global Sources Exhibitions & Events (India) Private Limited-vishal

Vishky
Global Sources Exhibitions & Events (India) Private Limited
Mumbai, India
Free Member
Joined :03/27/2002
No of Topics Posted : 2
Reply/Comments : 14
Re: EXPORT PROCEDURE

Few step for an enterprise to become an export organisation are:-

1) REGISTRATION AS A BUSINESS ENTITY:- A new export unit can be started by registering as proprietorship, partnership or imited liability company.
2) IEC NUMBER - Any company wish to export/import need to obtain a Import Export code(IEC) number. IEC is issued by Regional licensing authority of DGFT. For communication with any office in regard to for export and import needs IEC number.
3) RCMC means the certificate of registration and membership granted by an Export Promotion Council/ Commodity Board/ Development Authority or other competent authority as prescribed by Foreign Trade Policy to an exporting unit.
Any person, applying for a licence/ authorisation/certificate/permission to import/ export or any other benefit or concession under Foreign Trade Policy is required to furnish (RCMC). It is also required for executing a bond before Central Excise authorities, which exempts exporters to furnish bank guarantees.

Export Promotion Councils have been set up by various ministries of the Central Government to promote and develop the exports of particular group of products, projects and services. For certain group of products, which are sensitive from the viewpoint of national consumption, there are commodity boards instead. Thus while we have export promotion councils for apparel, leather, software, chemicals, engineering goods etc., India has commodity boards for tea, coffee, jute etc.

4) REGISTRATION WITH SALES TAX OFFICE :-Exported goods from India are exempt from central & state sales tax. However, for getting exemption of such taxes or claming their refund, wherever permissible under Foreign Trade Policy, the exporting unit should be registered with sales tax authorities.

5) REGISTRATION WITH EXCISE DEPT.:-If an exporting unit is engaged in manufacturing of products, it needs registration with excise department & formalities remain the same as for any domestic unit. This registration is required for claiming refund of excise duties under various schemes of the government.


 

Author
Posted on 26 July 2007 at 09:29:00 [Message #361 ]
Ningbo Lica International Trading Co., Ltd.-robinlee

Mr. Robin Lee
Ningbo Lica International Trading Co., Ltd.
Ningbo, China
Free Member
Joined :07/26/2007
No of Topics Posted : 0
Reply/Comments : 2
Re: EXPORT PROCEDURE

Special man for instruction. You can consign the previous man to cope with this case for you.


 

Author
Posted on 26 July 2007 at 15:53:00 [Message #374 is a comment on message #339 ]
DHANALAXMI ROTO SPINNERS LTD.-inani

Mr. Anirudh Inani
Export Manager
DHANALAXMI ROTO SPINNERS LTD.
Hyderabad, India
Paid Member
Joined :02/25/2003
No of Topics Posted : 0
Reply/Comments : 1
Re: Re: EXPORT PROCEDURE

You in your details have mentioned that being RCMC registered the exporters get exemption benefit of furnishing bank guarantee for bonds which has to be furnished from Central Excise authorities.

We are registered members of FIEO.Would like to know whether without having bank guarantee we can get CT-1 bond from CE authorities?


 

Author
Posted on 26 July 2007 at 23:32:00 [Message #380 is a comment on message #339 ]
BHARAT SALES CORPORATION-bharat_sales

Mr. Sandeep Kumar
Proprietor
BHARAT SALES CORPORATION
Delhi, India
Free Member
Joined :07/20/2004
No of Topics Posted : 0
Reply/Comments : 1
Re: Re: EXPORT PROCEDURE

Please explain RCMC in detail


 

Author
Posted on 21 September 2009 at 12:06:00 [Message #2445 is a comment on message #380 ]
B.V.N. GOEL IMPEX-nischal_goyal

Mr. NISCHAL GOYAL
Partner
B.V.N. GOEL IMPEX
Delhi, India
Free Member
Joined :09/21/2009
No of Topics Posted : 0
Reply/Comments : 1
Re: Re: Re: EXPORT PROCEDURE

hello Mr. Sandeep,
RCMC is basically a registration cum membership certificate, provided by the government. It is necessary for all the companies to abide by the rules and laws of govt. so this RCMC provides the help.


 

Author
Posted on 01 April 2011 at 09:43:00 [Message #2871 is a comment on message #339 ]
Joshi Enterprise-dhruvbaruah

Mr. Rakesh Joshi
Manager
Joshi Enterprise
Dispur, India
Free Member
Joined :02/02/2007
No of Topics Posted : 122
Reply/Comments : 16
Re: Re: EXPORT PROCEDURE

Dear all,

If you want to know more about export-import procedure, you can visit this link:

http://smetimes.tradeindia.com/smetimes/2009/Mar/05/india-exim-guide.html


 

 

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