Export Process

[Honeykumar Sharma]

Dear Sir/Ma'am,

Request you to please clarify the below points.

1) I want to start a export business (If possible request you to please let me the full process)

2) I have an IEC, Product, Market.

3) How to identify the genuine buyer? Safest payment term? Safest Inco term?

4) How many documents do we require to fill up? Type of Doc and No. of copy per doc?

5) What is the process of Port Registration?

6) How to calculate the FOB & CIF Price?

7) How to Claim MEIS & Duty Drawback?

I request you to please explain me the full process of Export business (Step by Step), so accordingly will move ahead.

Awaiting for your positive response.

Regards,

Honeykumar Sharma

AI Summary

Guidance for Starting Export Business: Processes, Buyer ID, Payment Terms, Documentation, Port Registration, Incentives (MEIS, Duty Drawback) An individual inquired about starting an export business, seeking detailed guidance on processes, buyer identification, payment terms, required documentation, port registration, price calculations, and claiming incentives like MEIS and Duty Drawback. One respondent suggested in-person training for comprehensive understanding, while another provided specific advice, directing the inquirer to the DGFT website for product categorization, FIEO for buyer verification, and outlined safe payment terms and INCOTERMS. They listed necessary documents, explained port registration requirements, and described how to calculate FOB and CIF prices. They also detailed the application process for MEIS and Duty Drawback.