Read this info-packed guide to know the entire spices board registration process in India within 8 mins. A step-by-step guide to register.
India is among the top exporters and producers of spices around the globe. Per the Spices Board of India, fifty-two varieties of spices are grown in India. Pepper, cardamom, ginger, turmeric, nutmeg, clove, tamarind etc. are all important. They cover a total surface of ₹23 lakhs hectares which is under the cultivation of spices in India. This article outlines the process of completing the Spice Board registration in India. You’ll also get to know the purpose of the spice board, eligibility criteria, and different types of Indian spices exporting businesses.
Overview of the Spices Board
Below are the details of the Spices Board as per the Spices Board Act, 1986.
- The Central Government constituted a Board known as the Spices Board to carry on the objectives under the Spices Board Act.
- The spices Board is composed of the members as are required by the Act. However, the total number of members should not exceed thirty-two.
What is the Purpose of a Spices Board in India?
Now, as you already know what a board of spices means in India, the following are some important tips on it:
- Enhancing technology by evaluating quality, conducting scientific and economic research and assisting Indian manufacturers to create their own brand names will help promote the trading of the spices
- Education and awareness between exporters and importers on efficient packaging methods, methods to manage quality, and foreign trade policies
- Managing quality and certifying spices to ensure they meet international quality standards
- Participating in and assisting exporters attending international food fairs, food festivals and festivals
- Collaboration with the government to share ideas about policy and changes that solve exporters’ concerns about trade
- Enrolling Spice Exporters in the membership and advising on the compulsory paperwork and any changes to the trade-related policy.
- Examining complaints of exporters and importers and recommending preventive measures
How to Register for the Spices Board of India?
All you have to do is comply with these steps in order to receive the Certificate of Registration for Exporter of Spices CRES:
- The applicant has to fill and submit the prescribed form for exporters, i.e. Form 1. Furthermore, the applicant must pay the prescribed fee together with the tax according to the applicable demand draft to the Spices Board
- The Manufacturer Exporter: ₹15,000 and the Merchant Exporter: ₹10,000
- If the application isn’t conforming to the format required or does not include the required details, it could be denied by the Board. The fee paid to the board isn’t refundable
- The application must be accompanied by a document or a bank reference to verify the applicant’s financial condition
- After checking everything, the authority that regulates the matter determines it to be accurate, and it issues a certification with exporting on Form A to the person who applied for it
Eligibility Criteria for Spice Board Registration
The eligibility criteria to be eligible for Spice Board Registration in India are as follows:
- There should not be any criminal convictions against directors or partners of your company entity
- You must be an Indian-based company
- The ID documents you present must be authentic
How to Start a Spices Exporting Business in India
You must start by establishing an spices exporting business of spices in India to ensure that you’re an Indian person. You must create an MCA and then obtain the Import Export Code (IEE) that the Directorate General of Foreign Trade (DGFT) issues.
Most importantly, the process of obtaining this spices board registration Certificate is a crucial step in getting your company internationally recognized and authorized for selling or trading. Also, it is necessary to register online to obtain the CRES certification that the Indian Spices Board issues to get it.
You must provide the following documents in order to complete the registration procedure:
- Incorporation Certificate issued by the Ministry of Corporate Affairs
- GST Tax Registration Documents
- Phytosanitary Certificate
- PAN Card and IEC Certificate
- Statements from banks
- MSME Registration
- Confidential Bank Certificate
- A Demand Draft of ₹5,000 was drawn in favor of the Indian Spices Board.
- Passport-sized photos that are scanned and authenticated by an official body of the company
Imagine you own a business that manufactures, produces and sells ground spices. If that is the situation, you’ll be required to get a BIS (Bureau of Indian Standards) certification from the ISI.
Also, this ISI mark is widely recognized as a quality certification for production in India. There are more than 351 products that require it before they can be commercially sold. The ISO Certification and an FSSAI Registration Certificate are essential to start an spices exporting business in India.
Types of Spices Export Businesses in India
There are many methods to begin an industry of spice in India. These are the 6 types of industries in the spices you can start your business within India:
- Spices Importer Exporter
- Spices Merchant
- Spices Third Party Manufacturer
- Spice Manufacturer
- Spice Wholesaler
A manufacturer of spices is responsible for cultivating spices and is able to guarantee the highest yield each year. Also, they’re responsible for the production and manufacture of spices.
Besides that, many spice producers manufacture in huge quantities and sell to retailers, traders, wholesalers, retailers, and merchants. All of them are involved in supply chain and distribution processes, regardless of the city/state in India, from where they operate or at what scale they operate.
Why Should You Start a Spices Exporting Business in India?
The large corporations in India have definitely awakened and tested the flavour of the country’s spice business. It’s wise to make a bet in the industry of spice. Covid-19 apparently accelerated the public’s awareness about the existence of coronavirus on the surface of suspicious sources.
As a result, people can now choose packaged goods more easily. This has led to their increasing value. In the Ministry of Commerce, the spice production of India is nearly ₹30 lakhs tons, which includes around 50 varieties of spices. India, as a nation, exports 10 per cent of the total amount of spices.
Conclusion
India is one of the major producers and exporters of spices worldwide. 52 different types of spices are grown in India, according to the Spices Board of India. Important spices include pepper, cardamom, ginger, turmeric, nutmeg, clove, and tamarind. So, the chances of growing as a company dealing in spices are the highest, and profits are substantial. Because of technological advances, producers can supply top-quality spices to the entire globe.
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