Import goods from China

Aug 25, 2022
Import & Export
Import goods from China

Import goods from China:

India is one of the largest Importers from China. India's Imports from China were US$87.54 Billion in 2021, according to the United Nations COMTRADE database on international trade.

Legal License Required to Import Goods From China:

Register your Legal Entity in India – Legal Entity is required for any type of business even if you are not doing the Import or Export Business in India. 

There are 5 types of legal entities.

a) Sole Proprietorship Firm

b) Partnership Firm

c) Limited Liability Partnership

d) Private Limited Company

e) One Person Company

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Apply for the Tax Registration – After the Incorporation, you have to apply for the Tax Registration on your Goods. Mostly its required VAT/CST Registration from your state government. It’s also called the TIN Number.

Apply for the IEC Code Registration – After applying for VAT/CST Registration for the Import or Export Goods in India you need especially one license from the DGFT Department i.e. is called IEC Code.

 

How to Import Goods from China to India:

Import the Goods From China to India. One of the best ways to import goods from China i.e. is Online through Alibaba or AliExpress or you can use some other third parties agent which can do this on your behalf on a Commission Basis.

1)       So let’s understand how you can Import Goods from China through Online Websites.

2)       Find the Products Online Which is hot in Demand.

3)       Find a Good Manufacturer or Supplier on Alibaba or Other Websites.

4)       Understanding the laws and Regulations between the Countries.

5)       Hire a Custom Clearing Agent and Freight Forwarder.

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How Much Money Can You Make Importing from China?

Ecommerce has been booming in recent years. and there are a lot of people making a lot of money.  Ecommerce has always been a quickly growing trend but it has become even more popular since the COVID-19 pandemic.

How much money can you make? Well, it all depends of course, but a big factor that will affect how much money you can make is how much money you have to invest. 

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Most people are looking to either double or triple their money each year. 

 

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Make shipping from China easier:

Shipping from China has been an issue for many traders and countries. However, the most painstaking obstacle that many faces is how to go about shipping from China successfully. This might be a difficult task, especially for newbies and sometimes even professionals.

1)       Get multiple quotations from multiple carriers

2)       Use the correct packaging

3)       Hire a reliable freight forwarder in china

4)       Make sure your goods are insured

 
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5)       Choose the right Incoterms® rules

6)       Consolidate your shipments

7)       Build a long-term relationship with Chinese freight forwarders, suppliers & carriers

8)       Ship during off-peak and avoid short notice shipping

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