India's foreign trade landscape is evolving rapidly. With the government pushing for a $2 trillion export target by 2030, the Foreign Trade Policy (FTP) 2023 has laid the foundation for a dynamic and responsive export ecosystem. For aspiring exporters looking to enter international markets in 2025, understanding and complying with FTP guidelines is not just a regulatory requirement—it's a strategic move that can shape their long-term global success.
Here’s a simplified guide to help new exporters navigate India’s Foreign Trade Policy and key compliance steps needed to start exporting smoothly and legally.
1. Obtain Importer Exporter Code (IEC)
The IEC is the first and most essential step for any business or individual looking to export from India. Without an IEC, customs will not permit export shipments. It’s a 10-digit code issued by the Directorate General of Foreign Trade (DGFT) and can be obtained online within 1–2 days using your PAN, bank details, and digital signature.
Tip: Ensure your business name and bank details exactly match your PAN to avoid application rejections.
2. Register with Relevant Export Promotion Councils (RCMC)
To access benefits under the Foreign Trade Policy—like RoDTEP, RoSCTL, EPCG, and duty drawback—you must register with an Export Promotion Council (EPC) or Commodity Board relevant to your product category. This registration is called RCMC (Registration-Cum-Membership Certificate).
For example:
Agricultural exporters need to register with APEDA
Handicrafts with EPCH
Engineering goods with EEPC
3. Choose the Right HS Code and Product Classification
Every export product must be classified under the Harmonized System of Nomenclature (HSN) code. This classification determines the duties, taxes, and benefits applicable to the product. An incorrect HSN code can lead to wrong documentation, loss of incentives, or even customs delays.
Tip: Always cross-verify your product's HSN code through DGFT or CBIC notifications and consult a trade expert if unsure.
4. Understand Key FTP Incentive Schemes
India’s FTP offers multiple schemes to promote exports:
RoDTEP (Remission of Duties and Taxes on Exported Products): Refunds unclaimed taxes on exports.
RoSCTL (for apparel and textile exporters): Provides rebate on state and central levies.
EPCG Scheme: Allows import of capital goods at zero duty against future export obligations.
Advance Authorization: Enables duty-free import of raw materials used for export production.
To claim these benefits, exporters must ensure accurate documentation, filing of shipping bills on ICEGATE, and adherence to scheme-specific rules.
5. Register AD Code with Customs Port
An Authorized Dealer (AD) Code links your IEC to your business’s current account and export port. Without it, your shipping bill will not be processed, and incentives like duty drawback or RoDTEP cannot be credited.
Registration must be done with each port you export from via ICEGATE.
6. File Shipping Bills and Track via ICEGATE
Once your goods are ready, the shipping bill must be filed online through ICEGATE, the Indian Customs gateway. It includes details of the exporter, buyer, invoice, HSN code, and the scheme under which benefits are claimed.
Tip: Ensure data accuracy in invoices and bills of lading to avoid delays in customs clearance and incentive disbursement.
7. Stay Updated with DGFT Notifications
DGFT regularly updates trade policies, restrictions, and schemes. Exporters must keep a tab on circulars, amendments, and FTP handbooks to stay compliant and informed about new opportunities.
Agile Regulatory – Simplifying FTP Compliance for Exporters
At Agile Regulatory, we help new exporters navigate every step of India’s Foreign Trade Policy—from IEC and RCMC registration to RoDTEP claim filing, HSN code classification, and ICEGATE support. Our expert team ensures that your business remains compliant, eligible for all incentives, and ready to compete globally.
Whether you're just starting or looking to expand your export operations in 2025, Agile Regulatory is your trusted partner in achieving export excellence.