Navigating the Export Landscape: A Complete Step-by-Step Guide for Beginners

Venturing into international trade is both exciting and rewarding—but it demands a strong foundation and a clear process. Whether you're an aspiring exporter or a growing business in Tamil Nadu looking to go global, this guide outlines every critical step to help you navigate the export process seamlessly.

1.Getting Started with Exporting

1.1 Establishing Your Business Entity

Before diving into exports, formalize your business by choosing a legal structure (proprietorship, partnership, LLP, or private limited) and registering under the MSME (Micro, Small, and Medium Enterprises) scheme. This not only builds credibility but also unlocks benefits like subsidies and easier financing.

1.2 Opening a Bank Account for Export Transactions

A current account with FOREX facilities is essential for handling international payments and inward remittances.

1.3 Applying for a PAN

The Permanent Account Number (PAN)—a 10-digit alphanumeric code—is a must for tax filings and serves as proof of identity for financial transactions.

1.4 Getting Your Import-Export Code (IEC)

The IEC license is your official pass to trade internationally. Without it, you can’t legally import or export goods or services from India.

1.5 Registering for RCMC

The Registration-Cum-Membership Certificate (RCMC), issued by recognized Export Promotion Councils or Commodity Boards, is mandatory for availing export incentives under India’s Foreign Trade Policy (FTP).

1.6 Choosing Your Product and Target Market

Market research is your first strategic move. Identify high-potential products and export-friendly destinations that align with your strengths and resources.

1.7 Pricing Your Product Strategically

Export pricing must factor in your cost structure, international freight charges, competitor pricing, and margin goals to stay competitive and profitable.

1.8 Engaging and Negotiating with Buyers

Buyers often request product samples to evaluate quality. Building trust—especially with international buyers—requires effective communication and transparency.

1.9 Insuring Export Risks with ECGC

Protect your exports with insurance from Export Credit Guarantee Corporation (ECGC). This safeguards you from buyer defaults, currency fluctuations, or political instability in the destination country.

2. Executing the Export Process

2.1 Order Confirmation

Once you receive a confirmed order, your export journey officially begins.

2.2 Procuring Goods

Based on the order specs, source the goods—either manufactured in-house or procured externally. If required, involve third-party inspection agencies to ensure compliance.

2.3 Securing Export Finance

Explore funding options like pre-shipment and post-shipment finance through banks or government schemes designed to support exporters.

2.4 Product Labeling, Packaging & Marking

Export packaging must meet international shipping standards and may require specific markings, barcodes, or certificates (like phytosanitary or inspection certificates).

2.5 Getting Insurance Coverage

Obtain appropriate insurance (cargo, transit, credit, etc.) to cover damage, loss, or delays during international movement.

2.6 Shipping the Consignment

Select the right international logistics partner (like Asia Express!) and prepare critical documents including invoice, packing list, airway bill or bill of lading, depending on the shipping mode.

2.7 Clearing Customs

Prepare and submit export documentation like the Shipping Bill and Export Declaration Form to Indian Customs. This step may require inspection and approvals.

2.8 Appointing a Customs House Agent (CHA)

A CHA can help simplify customs formalities and reduce delays by handling documentation, compliance checks, and coordination with customs authorities.

2.9 Submitting Documents to Your Bank

Export-related documents (like Commercial Invoice, Certificate of Origin, Bill of Lading) must be submitted under the Documentary Collection or Letter of Credit for payment realization.

2.10 Realizing Export Payments

Complete the process by collecting payment from the buyer through your bank. Ensure foreign exchange conversion is done accurately and any applicable fees are understood.

✅ Conclusion

Exporting is a journey of strategic decisions, regulatory compliance, and reliable logistics. While the process may seem overwhelming at first, having a clear roadmap makes all the difference. With expert courier partners like Asia Express by your side—offering fast international air shipping, documentation assistance, packing, and pickup support—you can export with complete peace of mind.

📌 Frequently Asked Questions

What is the cost of IEC registration in India?

₹1,499 total — ₹500 government fee + professional service charges (if applicable).

Can I export without an RCMC?

No. As per Foreign Trade Policy (Para 4.10), RCMC is mandatory for availing export benefits.

Is GST registration mandatory to get an IEC?

No, GST is not required for obtaining IEC.

How can I get an RCMC certificate?
  1. Visit the FIEO Registration Portal.
  2. Sign up and select “Get RCMC License.”
  3. Fill in business and product details.
  4. Upload your IEC and authority letter.
  5. Enter GST details (if applicable).
  6. Pay the registration fee and submit the form.