After the completion of all research and analysis, the next step is to get registered with the various government authorities.
Registration with Director General of Foreign Trade (DGFT) – Registration with DGFT, ministry of commerce, Government of India is mandatory for every new exporter. DGFT issued an IEC Code which is unique 10 digit number. IEC Code is mandatory to import or export in India. No person or entity shall make any Import or Export without IEC Code Number.
Necessary requirements for apply for IEC Code number:
Current Bank Account in a Bank who deals in Foreign Exchange
Application for IEC number which is known as “Aayaat Niryaat Form – AN2FA” can be submitted to the nearest regional authority of DGFT or can be submitted online at DGFT website: http://dgft.gov.in. An amount of Rs 1000/- is required to submit with the application fee.
The physical application containing required documents should reach DGFT RLA concerned within 15 days of its online submission.
E-mail is optional. If it is provided it will make communication quicker.
Documents required applying for IEC Code:
Letter on your company's letter head for issue of new IEC Code Number.
Two copies of the application in prescribed format. Each individual page of the application has to be signed by the applicant.
Part 1 & Part 4 has to be filled in by all applicants. In case of applications submitted electronically.
No hard copies of Part 1 may be submitted. However in cases where applications are submitted otherwise, hard copy of Part 1has to be submitted.
Only relevant portions of Part 2 need to be filled in.
Rs 250.00 Bank Receipt (in duplicate)/Demand Draft/EFT details evidencing payment of application covering fee in terms of Appendix 21B.
Certificate from the Banker of the applicant firm in the format given in Appendix 18A.
Self certified copy of PAN issuing letter or PAN (Permanent Account Number) Card issued by Income Tax Authority.
Two copies of passport size photographs of the applicant duly attested by the Banker of the applicant.
Self addresses envelope with Rs.25/- postal stamp for delivery of IEC certificate by registered post or challan/DD of Rs.100/- for speed post.
However, if the goods are exported to Nepal, or to Myanmar through Indo-Myanmar boarder or to China through Gunji, Namgaya, Shipkila or Nathula ports then it is not necessary to obtain IEC number provided the CIF value of a single consignment does not exceed Indian amount of Rs. 25, 000 /-.
Registration with Export Promotion Council (EPC) – It is mandatory for every exporter to obtain RCMC from Export Promotion Council (EPC). EPC is a non-profit organization, registered under Indian Company Act for the promotion of various goods exported from India in International market. EPC helps in communication between the government and exporters.
An application should be submitted for registration with a self attested copy of IEC number. Membership fees ascertained by EPC should be paid either by cheque or draft.
Registration with Commodity Boards – It’s good for every exporter to get registered with commodity boards. At present there are five statutory Commodity Boards under the Department of Commerce. These are responsible for production, development and export of tea, coffee, rubber, spices and tobacco. They work for export promotion.
Registration with Income Tax Authorities – It is important for every exporter to get registered with Income Tax Authorities because goods exported in international markets are eligible for exemption from both Central Sales Tax and Value Added Tax.
Registration with APEDA - The Agricultural and Processed Food products Export Development Authority (APEDA) is an export promotion organization under Ministry of Commerce & Industries, Government of India. It is mandated with the responsibility of promotion and development of the export of its scheduled products.
Any exporter may get registered with APEDA as per the following guidelines.
Duly filled registration form along with application form duly filled and signed by authorized signatory.
Self attested copy of Import-Export code issued by D.G.F.T.
List of Directors/Partners/Proprietor on company’s letterhead in triplicate.
Pvt. Ltd. / Public Ltd. Co.’s/societies should forward a copy of their Memorandum and Article of Association and Partnership firms should forward a copy of partnership deed attested by notary.
Self certified copy of PAN issued by Income Tax Department.
The company should compulsorily mention their e-mail ID, phone and fax number etc. in their application.
In case the exporter desires to register as Manufacturer Exporter, he should furnish the copy of company’s registration with FFO, Directorate of Industries, State Dept. of Horticulture/Agmark/EIA etc.
Bank certificate duly signed by the Authorities.
Cash or DD/Pay Order of Rs. 5000/- towards registration may be made in favor of APEDA payable to Specific APEDA office where the request has been made for Seeking RCMC.
Registration with other Authorities – It is advantageous for exporters to become members of local Chamber of Commerce, Productivity Council and any other trade promotion organization recognized by the Ministry of Commerce or Industry. Exporters should also obtain Business Identification number (BIN) before filling for Customs Clearance of Export goods.
Export Licensing – Some goods are free for export but some are not. Goods which are falls in negative list can be imported or exported only in accordance with regulation of government. So it is mandatory for importer or exporter of these goods to obtain license from DGFT.