{"id":51167,"date":"2022-12-06T12:09:33","date_gmt":"2022-12-06T06:39:33","guid":{"rendered":"https:\/\/corpbiz.io\/learning\/?p=51167"},"modified":"2022-12-06T12:10:03","modified_gmt":"2022-12-06T06:40:03","slug":"process-to-export-toys-from-india","status":"publish","type":"post","link":"https:\/\/corpbiz.io\/learning\/process-to-export-toys-from-india\/","title":{"rendered":"Process to Export Toys from India"},"content":{"rendered":"\n<p>India is among the leading\ntoy producer and exporters globally. BIS serves as a prime regulator of toy\nmanufacturing and quality in India. Despite its rampant popularity, the BIS is\nyet to achieve international recognition. BIS-certified toys are not exportable\nin countries like the United States, the UK, and others nations. These\ncountries have different standards to measure the quality of importable toys.\nIndian exporters need to abide by these standards before shipping their products\nabroad. Here\u2019s how you can export toys from India.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\" style=\"cursor:pointer\">Page Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/corpbiz.io\/learning\/process-to-export-toys-from-india\/#Is_BIS_Certification_Enough_To_Ensure_The_Quality_Of_Exportable_Goods\" >Is BIS Certification Enough To Ensure The Quality Of Exportable\nGoods?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/corpbiz.io\/learning\/process-to-export-toys-from-india\/#Documents_Required_To_Export_Toys_from_India\" >Documents Required To\nExport Toys from India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/corpbiz.io\/learning\/process-to-export-toys-from-india\/#How_to_Export_Toys_from_India_%E2%80%93_Step-by-Step_Process\" >How to Export Toys from India? &#8211; Step-by-Step Process<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/corpbiz.io\/learning\/process-to-export-toys-from-india\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Is_BIS_Certification_Enough_To_Ensure_The_Quality_Of_Exportable_Goods\"><\/span><strong>Is BIS Certification Enough To Ensure The Quality Of Exportable\nGoods? <\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>No, almost every country has its own directives\/standards concerning toy manufacturing and import. Therefore, exporters in India must meet these standards without exception. However, <strong><a class=\"text-primary\" href=\"https:\/\/corpbiz.io\/bis-registration\">BIS certification<\/a><\/strong> can serve as an additional certificate for product quality, helping exporters to gain more trust. <\/p>\n\n\n\n<p>The exportation of goods\nin India is not that complicated or time-consuming as long as you adhere to the\n<strong>FTP\u2019s<\/strong><sup><a class=\"text-primary\" href=\"https:\/\/www.dgft.gov.in\/CP\/?opt=ft-policy\"><strong>[1]<\/strong><\/a><\/sup>\nnorms. The real effort lies in complying with the quality standards of the\ncountry where you wish to dispatch your shipment. Below is the list of nations\nthat follow different standards that every exporter must follow to export toys\nfrom India. <\/p>\n\n\n\n<table class=\"wp-block-table table table-bordered\"><tbody><tr><td>\n  <strong>Nation<\/strong>\n  <\/td><td>\n  Standards, certificate\n  scheme to be followed by exporters worldwide\n  <\/td><\/tr><tr><td>\n  <strong>Kenya <\/strong>\n  <\/td><td>\n  PVoC program, BS 1363\n  (Electrical toys)\n  <\/td><\/tr><tr><td>\n  <strong>Kuwait<\/strong>\n  <\/td><td>\n  Kuwait Conformity\n  Assurance Scheme, BS 1363 (Electrical toys)\n  <\/td><\/tr><tr><td>\n  <strong>Nigeria <\/strong>\n  <\/td><td>\n  Standards Organisation\n  of Nigeria (SON), SONCAP Certificate, BS 1363 or BS 546 (Electrical toys)\n  <\/td><\/tr><tr><td>\n  <strong>Saudi Arabia <\/strong>\n  <\/td><td>\n  Certificate of\n  Conformity MOCI Decree 6386 for custom clearance, SASO 1063\n  &nbsp;\n  <\/td><\/tr><tr><td>\n  <strong>European Nations <\/strong>\n  <\/td><td>\n  The Toy Safety Directive\n  2009\/48\/EC\n  <\/td><\/tr><tr><td>\n  <strong>United Kingdom<\/strong>\n  <\/td><td>\n  Toy safety standard EN71\n  <\/td><\/tr><tr><td>\n  <strong>United States<\/strong>\n  <\/td><td>\n  Consumer Product Safety\n  Improvement Act (CCPSA)\n  <\/td><\/tr><\/tbody><\/table>\n\n\n\n<p>Each directive above\nrequires exporters to meet all the requirements before dispatching the\nshipment. The quality parameters should be in line with these directives. In\nmost cases, the BIS certificate acts as additional evidence for product\nquality. Therefore, checking and complying with the local standards isn\u2019t a bad\nidea. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Documents_Required_To_Export_Toys_from_India\"><\/span><strong>Documents Required To\nExport Toys from India <\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The followings are the\ndocuments that are primarily used in the export business. If you are an\nexporter, you must have these documents in place without fail.<\/p>\n\n\n\n<p><strong><em>Pro Forma\nInvoice-<\/em><\/strong> This document encloses information about exportable goods such as\nquantity, price, type, weight, and so on. <\/p>\n\n\n\n<p><strong><em>Commercial\nInvoice-<\/em><\/strong> The commercial invoice serves as a legal dossier that reflects\ninformation about items being sold and the price to be paid by the importer.<\/p>\n\n\n\n<p><strong><em>Packing List<\/em><\/strong>&#8211; The packing list\nreflects an array of crucial information such as invoice number, importer\u2019s\ndetails, shipment weight, packaging markings, measurements, and so on. It helps\nwith customs clearance. <\/p>\n\n\n\n<p><strong><em>Air Waybill<\/em><\/strong>&#8211; An air waybill refers to\nlegal documents that go along with the goods carried by the air carrier.&nbsp; It helps with shipment tracking and encloses\ncomplete information. <\/p>\n\n\n\n<p><strong><em>Import\nExport Code-<\/em><\/strong> Import Export Code is a ten-digit unique code assigned to an individual\nexporter or importer. Directorate General of Foreign trade grants this license\nagainst the prescribed application and documents, including PAN, current bank\naccount number, and so on. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_to_Export_Toys_from_India_%E2%80%93_Step-by-Step_Process\"><\/span><strong>How to Export Toys from India? &#8211; Step-by-Step Process <\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Following is the detailed\nprocedure that will let you export toys from India in a legal manner: <\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong><em>Step 1: Find the Importer and Secure the Purchase Order<\/em><\/strong><\/h3>\n\n\n\n<p>Customer identification is\none of the fundamental steps in exporting business. You can use an array of\nsources, including third-party agencies, to explore potential customers outside\nIndia. Once done, contact the prospect and ask them for a sample inspection. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong><em>Step 2: Secure the Purchase Order<\/em><\/strong><\/h3>\n\n\n\n<p>The Indian exporter will\navail purchase order from the importer after sample approval. <\/p>\n\n\n\n<p><strong><em>Step 3:\nObtaining License and Quota <\/em><\/strong><\/p>\n\n\n\n<p>Upon receiving the order,\nthe exporter must visit the Directorate General of Foreign Trade to secure the\nImport-export code. It is a fundamental legal document for those who wish to\ninvolve with import export business. <\/p>\n\n\n\n<p><strong><em>Step 4:\nLetter of Credit<\/em><\/strong><\/p>\n\n\n\n<p>In this step, the exporter\nprompts the importer to facilitate the letter of credit that avert any\npossibility of a payment default. It is a legal contract between the\nbeneficiary and the importer\u2019s bank that provides payment protection for\nexporters after the fulfilment of underlying conditions. <\/p>\n\n\n\n<p><strong><em>Step 5:\nFixing the Exchange Rate<\/em><\/strong><\/p>\n\n\n\n<p>Exporter must get in touch\nwith the importer to mutually agree on an exchange rate. Not doing so can\ncreate a conflict between the parties. <\/p>\n\n\n\n<p><strong><em>Step 5:\nForeign Exchange Formalities<\/em><\/strong><\/p>\n\n\n\n<p>In light of the Foreign\nExchange Regulation Act of India (FERA), the exporter must file a declaration\nwith authority concerned about the exports of toys from India.<\/p>\n\n\n\n<p><strong><em>Step 7: Hire\nForwarding Agent<\/em><\/strong><\/p>\n\n\n\n<p>In this step, the exporter\nmust hire a forwarding agent who will perform the following tasks;<\/p>\n\n\n\n<ul><li>Securing a permit from the\ncustom <\/li><li>Preparing the shipping\nbill<\/li><li>Paying dues after\ndevolving details about the exported goods. <\/li><\/ul>\n\n\n\n<p><strong><em>Step 8: Bill\nof Lading<\/em><\/strong><\/p>\n\n\n\n<p>The exporter requires to\nshare the receipt copy of the shipping company and facilitates the Bill of\nLading.&nbsp; <\/p>\n\n\n\n<p><strong><em>Step 09:\nPresentation of Documents to the Bank<\/em><\/strong><\/p>\n\n\n\n<p>The exporter must affirm\nthat he has all documents relating to shipping in place.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong><em>Step 11: The Realization of Export Proceeds<\/em><\/strong><\/h3>\n\n\n\n<p>The exporter should\naddress the banking formalities after furnishing a bill of exchange.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong> <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>It is evident from the above that one must abide by various legalities to export toys from India. Toys business in India is thriving rapidly and it is certainly an ideal time to target different markets abroad. But to lay a solid foundation for an exporting house, one must fulfil all the legalities and stay in line with governing legislation. <\/p>\n\n\n\n<p class=\"text-left\"><b>Read Our Article<\/b>: <mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/how-to-start-export-business-from-india\/\">How to Start Export Business in India?<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>India is among the leading toy producer and exporters globally. BIS serves as a prime regulator of toy manufacturing and quality in India. Despite its rampant popularity, the BIS is yet to achieve international recognition. BIS-certified toys are not exportable in countries like the United States, the UK, and others nations. These countries have different [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":51170,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[243],"tags":[2933],"acf":{"service_id":"221"},"authorName":"Pankaj Tyagi","authorImageUrl":"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2022\/01\/MicrosoftTeams-image-42.jpg","authorDescription":"Pankaj has a diverse experience of writing research papers, blog, and articles during his college time. Earlier, he was working as a tax consultant in a financial firm, but his interest in writing drives him to pursue a career in the writing field.","postViews":4653,"readingTime":4,"_links":{"self":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/51167"}],"collection":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/comments?post=51167"}],"version-history":[{"count":4,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/51167\/revisions"}],"predecessor-version":[{"id":51172,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/51167\/revisions\/51172"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media\/51170"}],"wp:attachment":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media?parent=51167"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/categories?post=51167"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/tags?post=51167"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}