To do trade business with any country, it is essential that you should have an IMPORTER EXPORTER CODE. IMPORTER EXPORTER CODE is a 10 digit code which is issued by the Directorate General of Foreign Trade, Govt. of India. For getting this, you need to fill an IEC Online Application…
The success of an import export business depends on your efficiency and skills. As a beginner, you should have a strong and secure contacts. To search for prospective buyers and sellers, you can- advertise in foreign magazines and newspapers. contact some trade agencies. It is very important to do a…
Letter of credit (LC) is a safe and secure way to make payments in import export business. In this, the bank (of importer) guarantees that the seller will receive payments for his goods and products. In letter of credit (LC) both importer’s and exporter’s participating banks are involved in payment…
First, you need to choose your product which you can sell in India easily. Licence formalities for import business depends on the product which you want to import from any country. For example: if you want to import food items then you need a valid food licence which is issued…
Portlogy helps in saving money if you are ordering from Alibaba. Apart from saving money, you can also get verified supplier. You can contact us for more detail. Read below to know how it works. Portlogy can help you for importing from Alibaba in following ways: Verify the authenticity of…
In India, many types of products are exported to other countries. Each country has different type of product demands. There are some products which have major demands for export. Spices: All spices are produced in India and they have very high demands in foreign countries. All spices are exported from…
In India, before starting an export business, you need to fulfill some government formalities. Documents formality depends on the goods or products which you want to export. Another important aspect is to find buyer. Portlogy can help you to find buyer around the world. There are following mandatory government formalities,…
India has good terms with Dubai in Trade. India has been ranked at first in Dubai overall import. There are some major exports from India to Dubai: Food items: India exports many food items to Dubai like basmati rice, dairy product (milk, paneer, butter etc.), vegetables both seasonal and non-seasonal,…
In India, before starting an import business, you need to fulfill some government formalities. Document’s formalities depend on the goods which you want to import. In this article, we have mentioned the government formalities you need to fulfill. Portlogy provide free consultation for the whole process of starting import business.…