How to get IE code for export ?

A citizen or a company starting a business for International trade has to Register the Company with the Director of Foreign Trade under the Ministry of Foreign Trade, to obtain an IE Code number, then only one can export materials to other countries and import materials from other countries to India.

DGFT provides every exporter an unique Import Export Code Number. IE Code Number is a ten digits code required for the purpose of export as well as import. No exporter is allowed to export his goods abroad without IEC number.

On the basis of IEC, companies can obtain various benefits like incentives, drawbacks facilities on their Exports/Imports from DGFT, Customs, Export Promotion Councils etc.

source: www.eximguide.com

Varieties of Cashew nuts

Varieties of Cashew nuts

White Wholes (W240) Cashew
White Wholes (W210) Cashew   
White Wholes (W180) Cashew
White Wholes (W 320) Cashew
White Wholes (W 450) Cashew
Scorched Wholes (SW 240) Cashew
Scorched Wholes (SW 210) Cashew
Scorched Wholes (SW 320) Cashew
Scorched Wholes (SW 450) Cashew
Scorched Wholes Seconds (SSW) Cashew
Scorched Small Pieces (SSP)
Scorched Splits (SS)
Scorched Butts (SB)
Small White Pieces (SWP) Cashew
Fancy Splits Cashew (FS) Cashew
Large White Pieces (LWP) Cashew

source: www.eximguide.com

What are all we need to start an export / import company

To start an Export company, select a name for the Company and it is to be decided whether it is a

Proprietor concern -- Single owner / Proprietor.

Partnership concern - Two or more partners in a company.

Limited Company - Two categories viz., private Limited company or Public Limited company.

Private limited company is owned privately by a small group of people and Public limited company is owned by public share holders.

Next Step In Export Is To Open A Bank Account:

Open a Current account in the name of the Company from a reputed Bank .Current a/c is opened by people who are engaged in trades, businesses. Current account is a bank deposit that can be withdrawn by the depositor at any time.

Current Account Can Be Opened By:

Any resident Indians who are 18 or above in age.

Individuals/Sole Proprietorships/Partnerships/Private and public companies.

Others like Govt. and semi Govt. bodies, local authorities etc.

Bank requires minimum deposit of Rs.10,000 to Rs.50,000 for opening a current account and it varies from Bank to Bank. Generally, nationalised banks require less Minimum Deposit.

Documents Required For Opening A Current Account:

Two passport size photographs.

Proof of residence i.e. Passport/driving license/Ration card/voters identity card.

Introduction of the person by an existing account holder.

PAN number / Declaration in form no.60 or 61 as per the Income Tax Act 1961.

Different set of documents are required as per bank's norms, if the account is opened by partnership firms, private and public limited companies, HUFs / societies, trusts etc.

Registration with Sales Tax authorities and Central excise authorities are also necessary.

Same procedure is applicable for starting an import company

How to find the demand of a product from one country

It is easy to find the demand for a product in all the countries.We can find the product demand through internet and search through search engine like google,yahoo and other search engine. Government authority also announces the product demand for their country.From these we can find the exporter or importer so we can contact them for your products or services

for example: There is a product demand for spices products, food products from India.dry fruits so we can contact the exporter or importer for that countries. Food products,pickles are always demand for the product in Singapore and Malaysia. Likewise, you can find the product demand for the other countries. so we can contact them directly or through online support.

In addition to focusing on the good points of your product and targeting the weaknesses of your competitor’s product, it is highly important that you focus on the brighter side of your product. You need to tell your customers what is unique about your product that other similar products available in the market do not have. Make sure you highlight the brighter side of your products in all forms of advertisements. 

Once you know people’s needs you will not only find demand for your product but you will also see that there is an increased exposure and interest among the people for your product or services