ENHANCING EU-INDIA TRADE
Trading Desk
Exporting to India: Helping you make it work for your business.
India is a vast and complex market, and importing into it can be a daunting task. There are a number of factors to consider, from customs and excise duties to labelling requirements.
Euridex is a leading import and export firm, specialising in the trade of fine wines, beer’s, alcohol’s and spirits. We have a wealth of experience in navigating the Indian market, and can help you overcome the trade complexities.
When exporting to India, one of the most important considerations is customs duty. This is a tax levied on imports, and the rate varies depending on the product. For example, alcohol-related products are subject to a higher rate of customs duty than other products. Another important factor to consider is excise duty. This is a tax levied on the manufacture, sale, or consumption of certain goods, and is also applicable to alcohol and spirts.
In addition to customs and excise duties, there are also a number of other taxes that may apply to your import, such as VAT (Value Added Tax) and octroi (a tax on the entry of goods into a local area). It is also important to be aware of the labelling requirements for products imported into India.
All products must be labelled in English, and there are specific requirements for the labelling of alcohol products. Navigating the Indian market can be a challenge, but with the help of a specialist firm like Euridex, you can overcome these challenges and reap the rewards of doing business in this vibrant and growing market.