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❓ FAQ

Frequently Asked Questions

Answers to the questions we hear most about business registration, GST, export compliance, and working with BuyGenix Solutions.

All Questions
General & Registration (4)
GST & Tax (4)
Export & DGFT (4)
Compliance & Documentation (4)
Working With BuyGenix (4)

It depends on your product and where you're shipping. Share your business details with us via our registration page or WhatsApp, and our team will map out exactly which of the 245+ registrations apply to you.

It depends on your compliance appetite and funding plans. Proprietorships and LLPs are simplest to run day-to-day, while a Private Limited Company is usually necessary if you plan to raise outside investment. We can walk you through the trade-offs for your specific situation.

Yes, every registered business needs a documented business address with supporting proof — a rent agreement, utility bill, or NOC from the owner. This applies to company incorporation, GST registration, and most licence applications.

A registration, like GST or IEC, generally confirms your business exists and is authorised to operate in a certain way. A licence, like an FSSAI licence or an export authorisation, is regulatory permission tied to a specific activity, and often comes with ongoing compliance obligations.

GST Registration generally takes 3 to 7 working days, depending on document verification and government approval.

Yes. Unlike domestic businesses, exporters must register for GST regardless of turnover, since exports are treated as inter-state supply under Indian tax law.

A Letter of Undertaking (LUT) lets you export without paying IGST upfront. It's valid for one financial year and must be renewed annually to keep exporting duty-free.

Exporters can claim a refund of accumulated Input Tax Credit through the GST portal, even with an LUT in place — timely filing keeps your working capital from getting tied up.

An IEC (Import Export Code) is a mandatory 10-digit registration for anyone importing or exporting from India. It's typically issued within 1 to 3 working days once documents are submitted correctly.

The IEC itself doesn't expire, but DGFT requires you to confirm and update your IEC details annually between April and June — skipping this can get your IEC deactivated.

RCMC (Registration-Cum-Membership Certificate) confirms your membership with the Export Promotion Council relevant to your product — for example APEDA for food products or EEPC for engineering goods. We help you identify the right council and register.

MOOWR lets manufacturers import raw materials and capital goods into a bonded warehouse without paying duty upfront. It's worth considering if you're import-heavy and want to improve working capital without committing to export-only operations.

Yes — any business exporting food products needs a Central FSSAI licence, regardless of turnover, simply because export activity triggers this requirement.

An AD Code links your bank branch to your export forex transactions and is mandatory for customs clearance. It has to be registered separately at every port you ship from — one port's registration doesn't cover another.

You'll need identity and address proof, business registration proof, a clear image of your logo or wordmark, and a Power of Attorney authorising us to file on your behalf.

It varies — IEC needs annual confirmation (not renewal), LUT needs annual renewal, FSSAI licences run 1 to 5 years, and RCMC is typically valid for five financial years. We track these deadlines as part of our compliance monitoring service.

Membership plans bundle registration, compliance, and export-growth services — including buyer leads, a digital product catalogue, and ongoing compliance monitoring — so you're not juggling multiple vendors for each requirement.

Both are available. You can request help with a single registration through our registration page, or choose a membership plan if you'd like ongoing support across GST, DGFT, compliance, and export growth together.

Each category is handled by team members familiar with that specific process — GST and company registration, DGFT and export schemes, commodity board registrations, and compliance monitoring are treated as distinct workflows, not a one-size-fits-all checklist.

Fill out the form on our registration page with your WhatsApp number and the registration you need, or select "Not sure — need guidance" and our team will reach out to map out exactly what applies to your business.

Still Have Questions?

Can't find what you're looking for? Reach out and our team will help you figure out exactly what your business needs.

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