Indian spices include a variety of spices like pepper, mint, turmeric, ginger, cumin, tamarind, oregano, curry leaf, chilli, tejpat and having great demand all over the world. According to figures, spice export is registering an annual growth rate of 9.4%. Starting spice export business include almost same procedure as of other import and export business. Following are the formalities that must be fulfilled before starting spice export business :-
- First you have to register your business by using options like firm, pvt., pvt. Ltd., proprietorship etc.
- Secondly you must have the IEC(Import Export Code), which is a 10 digit number , issued by DGFT(Directorate General of Foreign Trade). It is mandatory for every type of goods to be imported/exported. We can apply online. For more information click here, DGFT . Portlogy provide help in applying IEC.
- Spice Registration Certificate : This is the third step. If you want to start export business from India, then you must have valid certificate of registration as exporter of spices(CRES), issued by Indian spices board. For this you have to register first, here is the link, CRES registration form. Read the link for guidelines regarding application form, guidelines. Following documents to be furnished to be fulfilled to obtained CRES are :
- Copy of IEC certificate.
- DD of Rs. 5000 only in favour of “Spices Board” payable at “Earnkulam”.
- Confidential Bank Certificate.
- Self certified copies of Sales Tax Registration.
- Copy of PAN card.
- Scanned passport size photo with white background of CEO/authorized person of organization.
- Phytosanitary Certificate : Like CRES, it’s an another mandatory certificate. It is basically an official document which is used to test the consignments of plants or plant products, assuring the plants or plant products are free from pest and free to use. It is issued by the plant protection organization of a country which has to export to the plant protection organization of import country. Know how to register Phyto Certificate in India.
- Authorized Dealer(AD) Code : Authorized Dealer Code is a letter receiver from your bank mentioning the bank’s authorized dealer code.When you start an operation with a new port you must have the AD code which is a 14 digit number. For AD code, you first need to open current account. After this, AD code registration is to be required with custom department. Following documents are required for Ad Code registration :
- Bank certificate
- Bank statement
- IEC copy
- ITR i.e. IT returns
- Sales Tax copy
- Sales Tax return
- Sales Tax + CST
- Pan card
- Voter ID card
- Registration charges for each port registration is INR 3000.00 + service tax
- Balance sheet
- AD code letter
- Stamped blank letter head
At portlogy, we will help you for starting spices export business by providing required services. If you don’t have overseas buyer, we will help you to find trustable overseas buyer. If you already have them , we will help you for your shipments. We provide various services like Freight forwarding (both Air and Sea), custom work, end to end transportation from your local location to any global location, temporary warehouse arrangements for your shipment until it waits for loading. If you have any doubt regarding spices export procedure, you can contact us for more details.
Portlogy provides assistance in applying IEC, applying authorised Dealer Code, applying phyto certificate and registration with Spice board of India. Contact us for more details.