You must know when you are Importing form India

India is a very vast country and if you are new, as many of you reading this blog may be new to import form India. One has to be very careful about importing from India. You must have a helping hand in local market for you to explore and confirm the things as it is mentioned. There are many Auditing companies (Not CA or CPA accounting) but in India now a days you can find an agency that can help you get you correct information about your vendor.

Interstate TAX:

Not hard at all, and not that you worried about. Two thing you must note during your deal making. One that you get your local agency and two make sure that all TAX part (GST / TCS etc) must take care by local company. You don't have to pay TAX, even if TDS is deducted you can claim that later with a good agency CA. Though there is DTAA in place between USA and India 'Click here'

Vet your supplies:

You must understand that there will be some bad vendors as you will find them in any part of the world. But this is why i told you that you must have local agency to help you get you eyes and hand on the vendor and your products. If you need comment below to know more if I can help you. Visiting to vendor is the best way to get it verify, but then you can save time and cost by simply asking someone to help you out.

Low Manufacturing cost:

Yes! its is far more effective way of manufacturing simply because of demographic dividend India has now. Get sample product and then go for volume. Always get sample first before going for volume order. Get your volume order audited by local agency for quality check. Particularly if you are importing handicraft then you must negotiate for cost and same time keep check on quality too.

Shipment & Supply chain:

Use your local vendor form whom you are buying to arrange your product at port, many cases they will do it at cost. If not then use your agency the same that will help you to get your QC / audits these agency are handy to deal with local supply chain managements and even to negotiate and make a deal. There are many supply chain management companies those can help you with a long term plan. Though India looks chaos it is well organized. It is world's largest 4th Economy, Indian do know how to manage these limited infrastructure. But again always take help from Agency.

English:

You go any part of India and you will find many people speaking English. India's business language is English. You will find the business meetings in India are conducted in English. You will find excellent written and spoken English in India. Even Government language is English. All agreement and documents are essentially are in English. God bless the Queen what I can say further !!!

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