What r d registration required for import goods from foreign
This query is : Resolved
10 May 2019
Dear Sir/ Madam
Recently we are registered as firm (Partnership firm), i want to buy some products online (from other foreign online sites and import to india) or manufacturer or wholesaler from foreign countries, and the same products sell in amazon india and other indian online sites or wholesale or retail. what are the registrations required for this business ?
and is the mandatory to take DGFT licence ?
and need to file the custom duty returns ?
please explain clearly in detailed.
Recently we are registered as firm (Partnership firm), i want to buy some products online (from other foreign online sites and import to india) or manufacturer or wholesaler from foreign countries, and the same products sell in amazon india and other indian online sites or wholesale or retail. what are the registrations required for this business ?
and is the mandatory to take DGFT licence ?
and need to file the custom duty returns ?
please explain clearly in detailed.
20 June 2019
No Sir, Not Yet, please suggest me
20 June 2019
You are required to obtain Importer Exporter Code IEC from DGFT without that no import or export in and from India is possible.You should also get registered with GST authority.No any Customs duty return is required but when you import you need to file Bill of Entry with Customs either you can file or you may appoint Custms House Agent CHA to work for you for clearing the Imported cargo.You need to pay Customs duty for clearance of Imported Cargo.
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18 October 2019
Thank you so much for your replay sir, i have one more small doubt.
Recently, i started new business, that purchase products online from different countries and sale in india (direct to shop, amazon, flipkart, etc., etc.,) but my doubt is, if the payment through direct from my current account is there any problem, in the income tax point of view and RBI point of view, customs point of view and any other point of view. and is there any transaction charges, with this transaction, how to reduce them. is there any other payment mode to reduce the transaction charges...please help me.......
Recently, i started new business, that purchase products online from different countries and sale in india (direct to shop, amazon, flipkart, etc., etc.,) but my doubt is, if the payment through direct from my current account is there any problem, in the income tax point of view and RBI point of view, customs point of view and any other point of view. and is there any transaction charges, with this transaction, how to reduce them. is there any other payment mode to reduce the transaction charges...please help me.......
11 November 2019
Hi please send your contact details mail id
03 August 2025
Here’s a detailed summary of the registrations and compliance you need to import goods from foreign countries and sell them in India:
1. Importer Exporter Code (IEC)
Mandatory: Yes, you must obtain an IEC from the Directorate General of Foreign Trade (DGFT).
Purpose: Without IEC, you cannot legally import or export goods.
How to get: Apply online on the DGFT website with your business details and PAN.
2. GST Registration
Mandatory: Yes, as you will be involved in sale of goods in India (including online marketplaces like Amazon, Flipkart).
Purpose: To charge GST on sales and claim input tax credit on purchases.
Also required: GST compliance includes filing returns regularly.
3. Customs Clearance
When you import goods, you need to clear customs by filing a Bill of Entry.
This can be done by yourself or through a Customs House Agent (CHA).
You will pay customs duty based on the classification and value of imported goods.
No separate “custom duty return” is filed, but duty must be paid timely for clearance.
4. Payment and Banking Compliance
Payments to foreign sellers must comply with RBI’s FEMA regulations.
You can make payments through your current bank account using approved channels.
Banks usually charge transaction fees and forex conversion charges.
Using methods like wire transfer, online payment gateways, or third-party payment services can help manage costs, but always ensure compliance with RBI guidelines.
5. Other Licenses / Registrations (Depending on Products)
Some products may require special licenses or clearances (e.g., food, pharmaceuticals, electronics).
Check product-specific import regulations.
Summary:
Requirement Mandatory? Purpose/Remarks
Importer Exporter Code Yes DGFT registration for import/export
GST Registration Yes For sale of goods and tax compliance
Customs Clearance Yes Bill of Entry and customs duty payment
Payment through Bank Yes Must follow RBI guidelines
Other Product Licenses As applicable Depends on product type
1. Importer Exporter Code (IEC)
Mandatory: Yes, you must obtain an IEC from the Directorate General of Foreign Trade (DGFT).
Purpose: Without IEC, you cannot legally import or export goods.
How to get: Apply online on the DGFT website with your business details and PAN.
2. GST Registration
Mandatory: Yes, as you will be involved in sale of goods in India (including online marketplaces like Amazon, Flipkart).
Purpose: To charge GST on sales and claim input tax credit on purchases.
Also required: GST compliance includes filing returns regularly.
3. Customs Clearance
When you import goods, you need to clear customs by filing a Bill of Entry.
This can be done by yourself or through a Customs House Agent (CHA).
You will pay customs duty based on the classification and value of imported goods.
No separate “custom duty return” is filed, but duty must be paid timely for clearance.
4. Payment and Banking Compliance
Payments to foreign sellers must comply with RBI’s FEMA regulations.
You can make payments through your current bank account using approved channels.
Banks usually charge transaction fees and forex conversion charges.
Using methods like wire transfer, online payment gateways, or third-party payment services can help manage costs, but always ensure compliance with RBI guidelines.
5. Other Licenses / Registrations (Depending on Products)
Some products may require special licenses or clearances (e.g., food, pharmaceuticals, electronics).
Check product-specific import regulations.
Summary:
Requirement Mandatory? Purpose/Remarks
Importer Exporter Code Yes DGFT registration for import/export
GST Registration Yes For sale of goods and tax compliance
Customs Clearance Yes Bill of Entry and customs duty payment
Payment through Bank Yes Must follow RBI guidelines
Other Product Licenses As applicable Depends on product type
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