The import and export trade has become quite profitable in India since the beginning of e-commerce that lets firms to reach the international audience. In today’s time, we have seen a major evolution in the import and export of products and services. Several small and medium levels of entrepreneurs are starting their business from their home or offices. In addition to this, the economic rules have also led to a reputation of such businesses.
Being an all-new entrepreneur, it is crucial to know about the process and documentation procedure needed to begin your own trading company.
What do you need to Start Import Export Business in India?
PAN Card: It is required to have a PAN card delivered by the income tax department for registration.
Business Prospects for Entrepreneurs:-
Beginning any import-export business in India can be a good way for e-commerce businesses.
1. Tea and Tobacco- Both products are produced in India immensely and have a very great demand in the global market.
2. Medical & Leather Goods- India is known for its well-built leather industry and you can export different items like handbags, belts, wallets, toys and many more. Also, India is slowly becoming the main exporter of medical tools such as face masks, gloves, bandages etc.
If you are performing with care and prudence, import and export business will always be encouraging and assist to open up all-new avenues for your firm.
Seair Exim Solutions is one of the renowned export import data provider firm in India. It offers 100% genuine, latest, trusted and reliable foreign trade data of more than 80 countries in the world such as India, USA, China, Russia, Kenya, Mexico, Indonesia, Sri Lanka, Vietnam, etc. Our major services are USA import data, Indian import data, India export data, import data Indonesia, Sri Lanka trade data etc. You can find a lot of useful resources related export and import business like HSN codes list, HS code finder, HSN code search, sac code finder, sac code list, GST rates in India, India import custom duty, custom duty calculator etc. on our web portal (seair.co.in) free of cost.
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