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How to start a Vegetable Export business in India?

Online Legal India LogoBy Online Legal India Published On 22 Dec 2020 Updated On 22 Feb 2021 Category IEC

India is a vast country, enriched with a diverse agro-climatic condition that is conducive to grow a large array of vegetables across India. India ranks next to China with about 13 per cent of world production. It produces some about 70million tonnes of vegetables per year.

Over the past years due to the high demand for frozen vegetables, pickles, mushrooms, and other similar products, there is a scope for a large investment opportunity in exports and also is very beneficial to hold an Import Export Code. As it is blessed with a suitable climate that encourages productivity and also because of its geological location it has a wide export opportunity across the globe.

Registration required to Export Vegetables from India

Uttar Pradesh is the largest being the largest producer of vegetables in India which is 15.4%, while West Bengal produces 15%, followed by Madhya Pradesh, Bihar, Maharashtra, Gujrat, Odisha, Karnataka, Haryana and Chattisgarh. Looking at the produce, if you too are wondering about How to Export Vegetables from India?. Well, you would require the following license/ registration.

  • Import Export Code: It mandatory to obtain IEC to export vegetables from India. However, it is a 10 digit number issued by the DGFT, Ministry of Commerce. It is the first requirement that should be taken care of once you decide to start exporting.
  • APEDA Registration: It is required to export vegetables so that the exporters can avail themselves of the various financial assistance schemes under APEDA registration and thereby improve their business.
  • Goods and Service Tax: Any NRI person or company/individual who wants to export vegetables from India need to register GST regardless of turnover.

 

How can Online Legal India™help you?

As we have talked about the licenses, but there would be quite a few, who would be in two minds because of such an elaborate process one would face during registration. Hence, one would require assistance!

We have a panel of 10+ years of experienced Chartered Accountants who are always prepared to provide you with adequate online assistance and handle your accounts personally while dealing with IEC, APEDA and GST registration. We also deliver 360° Corporate Legal assistance.

 

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