Importing and selling taxation and procedure

AjaxJags (Owner) (72 Points)

17 July 2014  
Hi Expert, I want to import a video game(electronic item) from USA through importer and sell it anywhere in India. Let me be more clear with my scenario: I have a sole proprietor firm based in Hyderabad. I got an order for video games from a company in Bangalore. The video games console is not available in India, its available in USA. So I need to import these video games to USA, but how do I do it? If I don't want to register for IEC code at the moment then can I have them imported through importers? If yes, then how do I approach the importers, I mean what does importers does? Apart from that what are the taxation that includes in this process. In simple terms my sole proprietor firm wanna buy goods from USA and sell that to a company in Bangalore then what is the whole procedure required for this(including how I am gonna bill to my client) Awaiting for an answer that would help me grab this deal with client. Thanks in advance :-)