Natural Jaggery is one of the major products in the context of the import-export business. USA, Indonesia, China, Germany, and the Netherlands are top importers of natural jaggery from India. As the chief producer Jaggery, of India, has been recognized as one of the leading traders and exporters of natural Jaggery to the world. India exported 631,895.81 Martic Ton of jaggery as well as confectionery products to the world for the worth of Rs. 2659.57 Crores/ $358.88 Mill between 2020 and 2021.
What is Jaggery ?
As you probably know, Jaggery essentially is non-centrifugal cane sugar , which does not undergo any chemical process, nor is it refined, capable of retaining all the nutrients that sugar cane supplies or supplies us with. That is, it is produced from sugar cane, which has solidified.
Natural Jaggery is better than artificial sugar. No harmful chemicals are added to it. It doesn't affect your health in a bad way. It can be used instead of artificial sugar. Jaggery has been known for its medicinal properties since time immemorial. With its high nutritional value, jaggery could be consumed by a diabetic patient as it contains glucose levels that are similar to those found in normal sugar. This makes it safe for consumption as well as helps in preventing a person from getting diabetes.
Types of Jaggery
While the term "cane sugar" is generally used for the molasses obtained from sugar cane, it also refers to cane sugar made from the sap of palms, such as the date palm, palmyra, toddy palm, and a few other plants. Let's take a look at the different types and their different characteristics:
Jaggery chana also called Roasted chickpeas with natural Jaggery is a mixture of Jaggery as well as chickpeas (chana). it is rich in proteins and minerals which boost immunity, source of iron in addition to Plant-based Protein.
Spicy Jaggery is also known as Masala Jaggery or Masala Gur is a mixture of Jaggery as well as spices such as Black pepper, Fennel seed, clove, ginger powder, etc. It improves digestion as well as reduces sickness.
Jaggery Slabs are in fact variety of jaggery that is in the form of a little slab made of natural jaggery.
Jaggery Powder is in fact variety of jaggery that is in the form of powder made of natural jaggery.
Jaggery cubes are in fact variety of jaggery that is in the form of a little cube made of natural jaggery.
Importing Natural Jaggery from India
In India, a country with almost 1.4 billion inhabitants, the economy is starting up cautiously in regions that have been less hard hit by corona. Logistical processes have been seriously disrupted by the corona crisis. This causes delays for importers and exporters.
Imports of natural jaggery and other products from India also increased in the past 9 years to a value of 4.3 billion euros in 2019. Other than natural jaggery main imports are crude oil and petroleum products, clothing, and organic chemical products. In addition, the import of medicines from India is growing rapidly.
Making Contacts
In a trade register, you check whether the Indian company with which you want to do jaggery import-export business is registered. This way you know whether the company is registered according to the law and has the right to exist. In India, the trade register is held by the Registrar of Companies of the Ministry of Corporate Affairs. If necessary, ask the local embassy network for support.
Get Support
Various organizations support you in your search for suitable partners. Whether or not for a fee.
Through Enterprise Europe Network ( EEN ), you get access to a professional network of 600 organizations in more than 60 countries, including India. This way you can quickly and easily establish new contacts with commercial agents, distributors, producers, or partners for technological development. The Chamber of Commerce is active in this network for the Netherlands
The differences between the 29 federal states are large. In addition to differences in culture, food habits, and climate zones, the inhabitants speak 447 languages, 23 of which are officially recognized. Many Indians speak English. Therefore, look at India as you view Europe and approach your Indian partners' state by state.
In general, the Indian is proud, has a strong national feeling, and is religious. In addition, Indians are flexible and enterprising, which makes it easy to work with an Indian.
Payments with Indian jaggery business partners usually go through a Letter of Credit (L/C) or Advance payment. An L/C is the most reliable and at the same time the most expensive payment method. In addition, Indians regularly use a documentary collection. This resembles an L/C but offers you as an exporter less security. Supplier many times do not prefer Document agent Payment terms because importer may refuse the documents or have insufficient funds in his account, as a result of which he cannot make the payment.
Record Contracts in writing
It is preferable to record agreements with your Indian jaggery business partner in writing. Has the contract been reviewed by a lawyer with knowledge of Indian law before signing? For example, use these model contracts. Some countries like Netherland do not have an execution treaty with India. A judgment of a Dutch judge can disregard a judge in India. Instead of going through court, you can resolve an international trade dispute through arbitration.
For the import into the EU of products from India, you must submit an electronic import declaration to the Customs department. You pay import duties and VAT on the customs value. The amount of the import duties depends on the commodity code of the product. You can find how much import duty, VAT, and other levies such as excise duties are on a product in the Customs Tax Service’s Usage Rate.
Pay Less Import Duties
India is part of a trade agreement, the Generalized Preferential System ( APS ) - REX. With this agreement, the EU and other Western countries are encouraging exports from developing and less developed countries. As a result, you pay less or even no import duties for many products from India. The condition is that these products are of preferential Indian origin. This means that a product benefits from import duties if it is wholly obtained in India or has been sufficiently processed in India to obtain Indian preferential origin. Wholly obtained means that the product was made, harvested, extracted, or born in India. For natural jaggery, an importer will have to pay fewer import duties as the product is of preferential Indian Origin.
You can demonstrate Indian preferential origin on import with an invoice declaration: a Certificate of Origin. The Indian exporter puts this statement on its sales invoice. India's preferential rules of origin are available on Access2Markets - https://trade.ec.europa.eu/
Documentation
In addition to standard import documents such as an Invoice, packing list, Certificate of Origin, Inspection Certificate, transport document like BL or Airway bill; you sometimes need additional documents. For example, for goods with a risk to safety, health, economy, and the environment (VGEM ). Sometimes an import restriction or import ban applies. Inquire in advance with your customs broker or you may consult us for all help in your country.
Product requirements and product liability
The product must be safe and usable. As an importer, you are liable for (injury) damage caused by a faulty product. So make sure as an importer opt for the marine insurance and pre-shipment inspection certificate from supplier before you make the final payment.
Opportunities
There is a huge business opportunity to import jaggery and sell in your country. Don't miss this wonderful opportunity to serve your country.
Visa
You need a Business visa if you want to visit India for Startup or Sourcing of Jaggery. The Indian Embassy provides information about applying for a visa.
Social Security
Many countries like the Netherlands have concluded a social security agreement with India. This treaty provides that an employee of your company who temporarily works in India remains insured under social insurance. The proof for this is the form A1/certificate of coverage. If you temporarily work in India as an entrepreneur, you can arrange this through the International Secondment Department of the Social Insurance Bank.
Also, check your health insurance before leaving for India. Indian hospitals do not recognize all international insurance companies.
Import-Tax Liability
When providing services to India, you have to deal with sales tax (VAT) or GST in your country. Consult the Services from CA or Tax expert in your country; you may visit macmap.org to check the applicable tax to import jaggery in your country.
Importance of Origin:- Surat, Gujarat, India
Surat is located in the heart of surat south Gujarat and from our location to Adani Hazira Port (Surat) is only 30km which reduce transportation cost and fastest delivery.
Jaggery Production Seasons:- Oct, Nov, Dec, Jan, Feb, March
20 feet container Capacity:- 19 MT
For more information or help on purchase/buy/import Jaggery from India, you may consult us.
Tags: How to import natural jaggery from India?, Sisara International