3. Starting Exports
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
9) Sampling
10) Pricing/Costing
11) Negotiation with Buyers
12) Covering Risks through ECGC
4. Processing an Export Order
i. Confirmation of order
ii. Procurement of Goods
iii. Quality Control
iv. Finance
v. Labeling, Packaging,
Packing and Marking
vi. Insurance
vii. Delivery
viii. Customs Procedures
ix. Customs House Agents
xi. Submission of documents to Bank
xii. Realization of Export Proceeds
10. Federation of Indian Export Organisations (FIEO) is the
apex trade promotion organisation in India set up by
the Ministry of Commerce and the private trade and
industry segment in 1965. The organisation is
responsible for representing and assisting Indian
entrepreneurs and exporters in foreign markets.
Federation of Indian Export Organisations invites you to
go digital by creating your free online store & a digital
catalogue that can be accessed by any buyer
worldwide.
12. Gem & Jewellery Export
Promotion Council
Gem & jewellery export promotion council (GJEPC) is
an organisation set up with aim to promote the Indian
gem and jewellery industry and its products.
Promoting brand India
Connecting government & trade
Upholding diamond integrity
Spreading education
Innovation and infrastructure
13. Harmonized System (HS) Codes
The Harmonized System is a standardized numerical
method of classifying traded products. Harmonized
System (HS) Codes are used by customs authorities
around the world to identify products when assessing
duties and taxes and for gathering statistics.
Gems & Jewellery items fall under Chapter 71 and for
the productwise HS Classification used by Indian
customs.
14.
15. Commodity wise G&J Exports –
April- July 2021 in comparison with
Pre- Covid level April – July 2019
16. Share of various segments in total
Gems & Jewellery exports between
April 2020 and March 2021