How to Export Coffee from India?
Coffee is one of the most loved beverages in the world and is traded in abundance all over the world. Millions of people all over the world are involved with the production and processing of coffee. Clearly, coffee production has a considerable impact on the economic growth of the nation, globally. India has adverse climatic conditions, which makes it perfect for farming, to grow coffee of different varieties, all around the year.
India is currently the third-largest producer and exporter of coffee in Asia and also the sixth-largest producer and fifth-largest exporter of coffee in the World. Just imagine the demand for coffee from India!
Legal requirements for carrying out coffee export from India:
You can export coffee from India with ease by obtaining a few documents and export compliances. To become a coffee exporter, follow the mandatory steps, which aim to conduct the business of coffee export for India.
1. Company Incorporation:
You need to set up a firm and convert it into a legalized form by incorporating it into a business structure, which can be a private limited, a one-person company, or a partnership firm.
2. PAN for IT department:
The tax information of any individual is directly stored and recorded in the individual’s PAN number, which is a ten-digit alphanumeric number assigned to the eligible taxpayers. It serves as the key for information storage.
3. Open a current bank account:
A current bank account helps to conduct your business-related transaction in a smooth way. Every business unit must have a current account before commencing the business activities.
4. Importer Exporter Code:
Directorate General of Foreign Trade (DGFT) grants the Importer Exporter Code (IEC) in India. It is one of the most important documents that is required to conduct any sort of export from India. It is a ten-digit identification code that helps exporters to address legal formalities related to the exportation of goods.
5. License from Coffee Board of India:
To obtain a license, you need to register as a member with the Coffee Board of India through an application for an online Registration cum Membership Certificate (RCMC) for new registration. Following are the documents required:
1. Importer Exporter Code
2. GST Registration Certificate,
3. FSSAI Or MSME certificate only for the manufacturer exporter,
4. Bank performance letter,
5. Authorized signatory of bank and the company.
Become a coffee exporter with Amazon Global Selling:
Amazon has a large customer base. We have buyers of coffee from around the world. Amazon Global Selling holds a well-established network around the world, making it easier for Indian exporters to locate verified buyers and sell their products in the various international marketplaces. Moreover, the Coffee Board of India has also taken various initiatives to keep the Indian brands competitive on the international stage. Grab your golden opportunity and become an exporter of coffee!
