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Can an individual import goods from China?

Can an individual import goods from China?

Once you have a GST registration, you can apply for an import/export license from the DGFT Department, in the form of the IEC Code. To apply for such a code, your company will need to have a valid Current Account in a bank in India in its name.

Can I import without import Licence?

There is no need to obtain any import license or permission to import such goods. Most of the goods can be freely imported in India. Restricted items can be imported only after obtaining an import license from the relevant regional licensing authority. The list of restricted goods is provided in ITC (HS).

Why import goods from China to Uganda?

Whether you are planning to diversify your business or looking to leverage cheaper products, importing goods from China to Uganda can be an essential ingredient in your business. Any successful business starts with a great product.

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How do I get a courier from China to Uganda?

Find a courier that delivers to Uganda. They are available at every port in China. It is advisable that you go for a courier that has offices in Uganda. This would make tracking and delivery process much easier.

Why does it cost so much to import from China?

But they only found that the total cost to import from China has no big difference from the price in their countries. Because this kind of product has no much-added value, and the cost is mostly depending on the raw material. So the price is very transparent, even with a large demanded quantity.

Is it easy to buy products from China?

Most of them do not have much relevant experience, and just consider it’s very simple: find a Chinese supplier, buy products at a low price, ship home, and sell a high price in the local market. But the truth is importing small quantities directly from China is never that easy.