How to Start an Export Business in India: A Step-by-Step Guide
The registrations and steps most Indian exporters complete before their first shipment.
1. Register the business Set up a company or proprietorship, get a PAN and open a current account that handles foreign exchange.
2. Get your Importer-Exporter Code (IEC) The IEC is issued by DGFT and is needed for almost every export shipment.
3. Register for GST and file a Letter of Undertaking Exporters ship without paying IGST by filing a Letter of Undertaking (LUT) on the GST portal.
4. Join the right export council Food exporters usually take an RCMC from APEDA. Spice exporters register with the Spices Board.
5. Choose a product and a buyer Confirm the buyer's import rules, certifications and labelling before you quote.
6. Agree terms in writing State the Incoterm, price, payment terms, packing and inspection rights in the contract.
7. Ship and claim Book freight, clear customs, collect payment through your bank and keep your shipping bill and e-BRC for records.
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