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Export Procedure

Export Procedure

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Published by pratikmms

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Published by: pratikmms on Oct 21, 2009
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02/16/2011

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EXPORT PROCEDURE
Registration with Director General of Foreign Trade (DGFT)
Registration with Export PromotionCouncil
Registration with CommodityBoards
Registration with Income TaxAuthorities
 
Registration with Director General of Foreign Trade (DGFT) Ministry of commerce, Govt. of India
DGFT provide exporter a unique IEC Number. IECNumber is a ten digits code required for the purpose of export as well as import. No exporter is allowed to exporthis good abroad without IEC number.
Registration with Export Promotion Council
It becomes important for an exporter to obtain aregistration cum membership certificate (RCMC) from theEPC. An application for registration should be accompaniedby a self certified copy of the IEC number.
 
Registration with Commodity Boards
 
Commodity Board is registered agency designated bythe Ministry of Commerce, Government of India forpurposes of export-promotion. At present, there are
five
 statutory Commodity Boards under the Department of Commerce. These Boards are responsible for production,development and export of 
tea,
 
coffee,
 
rubber,
 
spices
 and
tobacco.
 
Registration with Income Tax Authorities
Goods exported out of the country are eligible forexemption from both Value Added Tax and Central Sales Tax. So, to get the benefit of tax exemption it is importantfor an exporter to get registered with the Tax Authorities.

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