How can I import wine from Australia to India?

All alcoholic beverages may be imported into India under an Open General Licence (OGL) which means no specific licence is required to import wines into India. However, for any general imports, the import company must get an Import Export Code (IEC) issued by the Director General of Foreign Trade, Ministry of Commerce.

How can I import wine to India?

Though anyone can import wines into a Customs Bonded Warehouse as no licence is required for the same; thereafter, goods can move either duty free (against a licence from hotels) or duty paid to licence holders after paying the relevant customs duties.

What can I import from Australia to India?

Major imports from Australia to India include coal, gold, vegetables and copper ores. Import certification, procedures and formalities to import goods to a country is almost same in all countries worldwide.

Can wine be shipped to India?

Technically, you could buy a bottle of Red Wine, package it yourself, and ship it to India on your own. But you might run into local alcohol delivery laws, you’ll certainly wait for the package to clear customs, and your recipient might have to pay duty fees on the other end.

Which Australian products are in demand in India?

Australia has a fairly robust export industry and has mainly concentrated on the mineral sector in recent years. “Eighty-three per cent of Australia’s merchandise exports to India come from just three commodities — coal (which alone accounts for 57 per cent), gold (27 per cent) and copper ores and concentrates.

How do I become a wine importer in Australia?

To be eligible, you must:

1. be licensed to export wine or grape products.
2. notify the authority of the proposed export at least 10 days prior to the intended export date.
3. provide information relating to the wine or grape product.
4. ensure the wine or grape product complies with the Food Standards Code.

How much does Australia import from India?

Australia Imports from India was US$3.89 Billion during 2020, according to the United Nations COMTRADE database on international trade.

How much does Australia export to India?

Australian exports to India were valued at A$18.7 billion in 2019-20 (Department of Foreign Affairs and Trade, Country and commodity pivot table 2005-06 to 2019-20, December 2020, accessed March 2021).

What licence is required to import wine into India?

All alcoholic beverages may be imported into India under an Open General Licence (OGL) which means no specific licence is required to import wines into India. However, for any general imports, the import company must get an Import Export Code (IEC) issued by the Director General of Foreign Trade, Ministry of Commerce.

What is the global aspect of wine in India?

Global Aspect. There are 7 European companies in wine sector in India. India imports around 3 million liters of spirit and 7500 cases of wine from Europe. French wines are still the largest imported, but wines from Australia and California are making strong inroads.

What is excise duty on wine in India?

EXCISE PERMITS: State taxes (Excise duty) payable to obtain a permit to transport and consume wine within that state. Alcoholic beverages are a state subject in India, so each state has its own rules and regulations and duties & taxes on wine.

Is importing wine into India a profitable business proposition?

Importing wine into India sounds like a lucrative business proposition. But if that is really the case, why have some companies shut down and so many others are struggling to stay afloat?