1. Manufacturing Operations
The next step is to start your manufacturing operations. After finding your suppliers and buyers, you need to get export orders. You can send samples or proforma invoices. Once you do that, you will receive orders. You can either buy goods from manufacturers or set up your manufacturing process. It is also necessary to conduct quality checks before sending shipments. Shipments will be checked and examined at every stage of export. Therefore, it is necessary that you have all the documents in place, and the quality is as stated in the documents.
2. Dispatch, Custom Clearance and Shipment
The final step is to send the shipment. Once you are done with the packing, you can send the goods to the ports or airports for transit. It is necessary to follow all the custom rules and procedures at each port. After that, issue your shipment bills. You can also appoint a Clearing House Agent (CHA) for the shipment bills. After clearance, your goods are ready for export. Once your shipment is exported, you will receive payment for the shipment. Gold export business involves careful management of accounts. It is a high-risk business,
3. Gold Import Export Business
Thus, in conclusion, we can say that gold export business is one of the best import and export business ideas to start in India. It is a profitable business, but it also has high risk. Therefore, you have to follow the rules and regulations set by the government. If you want to start a gold jewellery business, you can refer to the step-by-step guide mentioned above for your reference. It will help you understand the business in detail. How to Start Gold Import Export Business in India?
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