Applying for IEC to Export Medicines from India

1. Individuals must visit the DGFT’s official website, navigate to the ‘Online Application’ tab and choose the ‘IEC’ option from the drop-down menu provided.
2. Next, click on the ‘Online IEC Application’ option to proceed.
3. Log in to the system using your PAN and click on ‘Next.

What are the steps to export from India?

How to Export

1. Establishing an Organisation.
2. Opening a Bank Account.
3. Obtaining Permanent Account Number (PAN)
4. Obtaining Importer-Exporter Code (IEC) Number.
5. Registration cum membership certificate (RCMC)
6. Selection of product.
7. Selection of Markets.
8. Finding Buyers.

What is procedure for export?

For exporting the goods, the forwarding agent first obtains a permit from the customs department. II. He must disclose all the required details of the goods to be exported such as nature, quantity, and weight to the shipping company. III. The forwarding agent has to prepare a shipping bill/order.

How can I export medicine from India to Nepal?

How to Export Medicine from India to Nepal?

1. The very first task you need to perform is to apply for the IEC number.
2. Next, you will have to approach agencies situated in other countries, such that exports.
3. Another crucial step of the procedure is to get your product in the nation you are dealing with.

Who can export medicine from India?

PHARMACEUTICAL EXPORTS AND ADVANTAGE INDIA During April-October 2018, top importers of India’s pharmaceutical* products were USA ( US$ 3.21 billion), UK (US$ 383.30 million), South Africa (US$ 367.35 million), Russia (US$ 283.33 million) and Nigeria (US$ 255.89 million).

What is the procedure to export rice from India?

Process of Exporting Rice from India

1. Begin with the registration of a firm. The first step is to register your firm.
2. Get the IEC code.
3. Get the fees ready.
4. Bank certificate.
5. PAN card.
6. Photograph.
7. MOA.
8. Company registration certificate.

What documents are required for exporting your products?

List of Documents required for Exports Customs Clearance

• ProForma Invoice.
• Customs Packing List.
• Country of Origin or COO Certificate.
• Commercial Invoice.
• Shipping Bill.
• Bill of Lading or Airway Bill.
• Bill of Sight.
• Letter of Credit.

What documentation is required for exporting goods?

With documents like a Certificate of Origin, Commercial Invoice, Export Order, Letter of credit, Certificate of Inspection and Marine Insurance Policy in place, the cargo can enter the port and onto the dock. Once the shipment is loaded into the carrier, the Mate’s Receipt is issued, confirming the same.

How to export medicines and pharmaceutical products from India?

For exporting medicines and pharmaceutical products, you have to compile with both company regulations i.e. importing country and exporting country.

How are pharmaceutical products are regulated in India?

In India, pharmaceutical products are regulated through Drug and Cosmetic Act & Rule, 1940. Import, Export, manufacturing, distribution, retail and dispensing all are regulated under this act. For every activity, one has to take license and approval for it.

How to export pharmaceutical products from India Schedule 2?

Export of Pharmaceutical products is defined under Chapter 30 of schedule 2 in Indian Tariff Code (ITC). ITC is devided in two schedules. Schedule 1 define import requirement where as Schedule 2 defines export requirements.

What do you need to send medicine from India?

Documentation Required For Sending Medicines from India 1 Sender and Consignee Address 2 Two KYC Proof of the sender 3 Valid Doctor Prescription 4 Medicine Purchase Bill