India’s growing economy and expanding consumer base have made it an attractive destination for global and domestic importers. However, entering the Indian market as an importer requires more than just sourcing products and finding buyers—it demands strict adherence to regulatory compliance. Failure to meet these legal essentials can result in delays, penalties, or even confiscation of goods. For new importers, understanding these requirements is crucial to building a compliant, sustainable, and profitable import business.
1. Import Export Code (IEC)
The foundation of any import business in India begins with obtaining an Import Export Code (IEC). Issued by the Directorate General of Foreign Trade (DGFT), the IEC is mandatory for clearing customs and facilitating international transactions. Without it, importers cannot legally operate in India. The application process is relatively straightforward and can be done online.
2. Goods and Services Tax (GST) Registration
GST registration is another vital requirement. As an importer, you are liable to pay IGST (Integrated GST) on imported goods, which is later creditable. A valid GSTIN (GST Identification Number) is required to claim this credit and file returns under India’s unified tax system.
3. Authorized Dealer (AD) Code Registration
To ensure seamless foreign currency transactions and customs clearance, importers must register their AD Code with the Customs Department. This code is issued by your bank and needs to be linked with the ICEGATE portal. Without AD code registration, your shipments cannot be processed at Indian ports.
4. LMPC Certificate (Legal Metrology)
If you are importing pre-packaged goods, such as electronics, cosmetics, or food products, an LMPC Certificate (Legal Metrology Packaged Commodity) is mandatory under the Legal Metrology Act. It ensures that all product labels display accurate declarations, such as net quantity, manufacturer details, and importer's name. This certificate is crucial for avoiding detention of goods by customs authorities.
5. BIS Certification (If Applicable)
Some imported goods like electronics, steel products, and appliances fall under mandatory BIS (Bureau of Indian Standards) certification. Importers need to ensure that such goods are registered with BIS and conform to Indian quality and safety standards.
6. FSSAI License for Food Imports
Importers dealing with food products must obtain a license from the Food Safety and Standards Authority of India (FSSAI). This ensures that the products meet the health and safety standards outlined by Indian regulations.
7. Customs Clearance and Documentation
Having a reliable Customs House Agent (CHA) and ensuring that documents like Bill of Lading, Packing List, Invoice, and Country of Origin certificate are in place will make the clearance process smooth and transparent.
Agile Regulatory: Your Partner in Compliant Import Operations
At Agile Regulatory, we specialize in helping new importers navigate the complex maze of Indian compliance. From obtaining your IEC and AD Code to filing for LMPC Certificates, BIS approvals, and FSSAI licenses, we offer end-to-end support. Our team ensures that your documentation is accurate, timely, and in line with government norms. With Agile Regulatory by your side, you can focus on growing your business while we handle the legal groundwork for a smooth, hassle-free import experience in India