Day Progress
✈️ 15 Days Export from India Challenge
# DAY 11
Types of Registrations
Required for Export from India
Business Registration · PAN · AD Bank Account · GST · IEC · RCMC · AD Code · APEDA/MPEDA/DGFT Licenses
📌 Day 11 — Before You Ship Your First Export
Before making the first export shipment, every exporter must obtain a series of registrations, licenses, and approvals under different laws — the Foreign Trade (Development and Regulation) Act, 1992, GST laws, Customs laws, FEMA regulations, and sector-specific regulations. Miss even one, and your first shipment can get stuck at customs. Today we cover every major registration with sample documents.
📋 At a Glance
7 Registrations Every Exporter Needs
01
Business Registration
02
PAN Card
03
AD Bank Account
04
GST Registration
05
Import Export Code
06
RCMC
07
AD Code Registration
08
Product-Specific Licenses
1️⃣ First Step
Business Registration
1
Choose Your Legal Business Structure
Foundation for every other registration that follows
Why Is It Required?
⚖️ Indian Partnership Act 1932 · LLP Act 2008 · Companies Act 2013
- →Every exporter must conduct business through a recognized legal entity
- →Proprietorship — No specific registration law; operates via PAN, GST, Shop & Establishment
- →Partnership Firm — Governed by Indian Partnership Act, 1932
- →LLP — Governed by LLP Act, 2008 · registered with MCA
- →Company — Governed by Companies Act, 2013 · registered with MCA
- →Necessary for: Current account · IEC · GST registration · Export contracts · International payments
📋
Business Registration Types — Visual Guide
Proprietorship · Partnership · LLP · Company Registration
Registration Authority
- →Proprietorship — Local authorities (Shop & Establishment / Udyam)
- →Partnership — Registrar of Firms (optional but recommended)
- →LLP & Companies — MCA Portal (Ministry of Corporate Affairs)
- →MCA portal handles incorporation, DIN, name approval, and annual filings
- →Choice of structure affects liability, taxation, and ability to raise funds
2️⃣ Tax Identity
PAN Card
2
Permanent Account Number
The primary tax identity of every exporter
Why Is PAN Important?
⚖️ Income Tax Act, 1961
- →Mandatory for GST registration
- →Mandatory for IEC generation
- →Mandatory for bank account opening
- →Income tax compliance
- →Export documentation
📌 Important: Since the new DGFT system — IEC is issued based on PAN. One PAN = One IEC.
3️⃣ For Forex
Current Account with AD Bank
3
Authorized Dealer (AD) Category-I Bank Account
Receiving export proceeds in foreign currency
Why Is It Required?
⚖️ FEMA 1999 · RBI Master Directions on Export of Goods & Services
- →Export proceeds must be received through an AD Category-I Bank
- →Open a Current Account with a bank authorized for forex transactions
- →Used for receiving foreign currency payments
- →Used for generating e-BRC (electronic Bank Realisation Certificate)
- →Required for AD Code registration on ICEGATE
- →Used for export remittance tracking by RBI
4️⃣ Zero-Rated Supply
GST Registration
4
GST Registration Certificate
Form GST REG-06 · Mandatory in practice for exporters
Is GST Registration Mandatory for Exporters?
⚖️ Section 16, IGST Act 2017 — Zero-Rated Supply
- →Export is treated as Zero-Rated Supply under Section 16 IGST Act
- →Refund claims require GST registration
- →LUT filing requires GST registration
- →Export invoices issued under GST provisions
Option 1
Export under LUT without IGST + claim ITC refund
Export under LUT without IGST + claim ITC refund
Option 2
Export with IGST payment + claim IGST refund
Export with IGST payment + claim IGST refund
5️⃣ DGFT Identity
Import Export Code (IEC)
5
Certificate of Importer-Exporter Code
Issued by DGFT · PAN-based · Mandatory for all exports
What is IEC?
⚖️ Foreign Trade (Development & Regulation) Act 1992 · FTP
- →Unique identification number issued by DGFT
- →Without IEC, export/import activities cannot be undertaken
- →Mandatory for Customs clearance & export shipments
- →Mandatory for international trade transactions & foreign remittances
- →Recent Position: IEC is now PAN-based, issued electronically through DGFT
- →Issuing Authority: Director General of Foreign Trade (DGFT)
6️⃣ Export Promotion
RCMC — Registration Cum Membership Certificate
6
RCMC — EPCH / TEXPROCIL / CHEMEXCIL / FIEO
Membership of Export Promotion Council or Commodity Board
What is RCMC?
⚖️ Chapter 2 of Foreign Trade Policy (FTP)
- →Establishes membership with an Export Promotion Council (EPC) or Commodity Board
- →Enables availing export promotion benefits
- →Allows participation in international trade fairs
- →Obtain market assistance schemes & government incentives
- →EPCH — Export Promotion Council for Handicrafts
- →TEXPROCIL — Textiles · CHEMEXCIL — Chemicals · FIEO — Federation of Indian Export Organisations
7️⃣ Customs Linkage
AD Code Registration
7
Authorized Dealer Code on ICEGATE
14-digit code · Links exporter ↔ bank ↔ customs ↔ forex
What is AD Code?
⚖️ Customs Act 1962 · ICEGATE Procedures · RBI Export Regulations
- →AD Code = Authorized Dealer Code — 14-digit code issued by exporter’s bank branch
- →Registered at the customs port through ICEGATE
- →Without registration: Shipping Bills cannot be processed properly
- →Without registration: Export incentives may not be credited
- →Without registration: Refund processing may be affected
- →AD Code links: Exporter ↔ Bank ↔ Customs ↔ Foreign exchange realization
8️⃣ Sector Specific
Product-Specific Licenses & Approvals
8
APEDA · MPEDA · DGFT License · BIS / FSSAI / Drug Controller
Required for restricted, agricultural, marine & regulated products
Certain Products Need Additional Approvals
- →APEDA Registration — Agricultural and Processed Food Products Export Development Authority Act, 1985. For fruits, vegetables, rice, processed foods, agri products
- →MPEDA — Marine Products Export Development Authority Act, 1972. For fish, shrimp, seafood, marine products
- →DGFT License — For restricted/canalized/controlled goods (arms, chemicals, strategic items)
- →BIS / FSSAI / Drug Controller Certification — Sector-specific. For export of food, medicines, cosmetics
🎁 Bonus Document
LUT / IGST Payment Option — RFD-11A
📋
Form GST RFD-11A — Deemed Acceptance of LUT (Sample)
Recap from Day 4 — every exporter must choose LUT or IGST route
Quick Recap
- →RFD-11A = Deemed Acceptance acknowledgment after filing LUT (Form GST RFD-11)
- →Valid for one financial year — annual renewal required
- →If conditions violated: pay IGST + 18% interest p.a. from invoice date
- →System-generated — no signature required
- →Choosing LUT vs IGST route affects how every other registration above is used
🎯 Summary
Key Takeaways — Day 11
🎯 What You Must Remember
- ✓Business Registration is the foundation — Proprietorship/Partnership/LLP/Company under respective Acts, registered via MCA portal or local authorities
- ✓PAN is the primary tax identity — One PAN = One IEC under the current DGFT system
- ✓AD Bank Account (Current A/c with FEMA-authorized bank) is mandatory to receive export proceeds and generate e-BRC
- ✓GST Registration — practically mandatory for refund claims and LUT filing even though exports are Zero-Rated
- ✓IEC from DGFT — without it, no export/import activity can be undertaken, now PAN-based
- ✓RCMC from relevant EPC (EPCH/TEXPROCIL/CHEMEXCIL/FIEO) unlocks export promotion benefits and incentives
- ✓AD Code Registration (14-digit) on ICEGATE links exporter-bank-customs-forex — without it, Shipping Bills get stuck
- ✓Product-Specific Licenses — APEDA (agri), MPEDA (marine), DGFT License (restricted goods), BIS/FSSAI/Drug Controller (sector-specific)
- ✓Sequence matters: Business Registration → PAN → GST → IEC → AD Bank A/c → AD Code → RCMC → Product Licenses (if applicable)
- ✓Missing any one registration can stall your first shipment at customs or block GST/export incentive refunds later
Catch Up — Days 1 to 10
Day 1–10: Export Intro · IGST vs LUT · Invoice · LUT Deep Dive · Refund · Returns · Shipping Bill · Goods vs Services · CSB-V · Time Limit & Max Refund
🎬 Instagram Reel
Day 11 Video Summary
📱
Instagram Reel — Day 11 · Types of Registrations Required for Export from India
Watch, Save & Share with fellow exporters and CA aspirants
⚠️ Disclaimer
The content shared on this channel is purely for educational purposes. As a Chartered Accountant, I strive to provide accurate and insightful information related to GST, Income Tax, Accounting, and Tax Planning. However, please note that the content should not be considered as professional advice or a substitute for personalized consultation. For specific matters, please consult a qualified professional.
The content shared on this channel is purely for educational purposes. As a Chartered Accountant, I strive to provide accurate and insightful information related to GST, Income Tax, Accounting, and Tax Planning. However, please note that the content should not be considered as professional advice or a substitute for personalized consultation. For specific matters, please consult a qualified professional.
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