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How to Export/Import Precious Metals from India?

Online Legal India LogoBy Online Legal India Published On 16 Dec 2020 Updated On 14 Jan 2022 Category IEC

Metals are expensive natural resources we find it in abundance across India. As a result, the metal industry is booming currently due to the rate of export and import of metals like lead, aluminium, zinc and copper. Exports of Precious Metals in India as recorded at about 2675.32 Million USD in 2020 as per the Ministry of Commerce & Industry, India.

According to the notification, as issued by the Ministry of Commerce, the amending Para 4.34(i) of the Foreign Trade Policy (FTP) has been welcomed by the Gem & Jewellery Export Promotion Council (GJEPC) which had made several representations to the government on behalf of the exporters in this regard. 

 

Registrations and Licenses Required

 Introducing your Metal Export and Import Company to the international market is not very tough. Just a few steps and certifications can make you eligible to become an exporter. Just get these registrations completed:

  •  Import Export Code (IEC) from DGFT
  • Company Registration under Companies Act
  • Company PAN Card
  •  GST Certificate

How can we help you?

Importers and Exporters register online to Get an IEC code through Online Legal India™. Our team acts as your legal concierge and works round the clock to give you support at an economical price. We have served more than 1,20,000 happy customers and have the finest legal brains who would give you assistance across the country.

 


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