Retail of international clothing merchandise

My brother in law in Oregon USA is looking at setting up a business that will procure readymade and discontinued clothing from US retailers at deep discounts and setting up stores in India for retail of these clothes. Eventually direct shipping will also be done as some of these garments are made in India. Please advise what are the things to watch out for and if there are any taxation loopholes? more  

Check out first; with a good ad reputed, clearing and forwarding agent; and later with another down the line. Get a hold on the information offered by them and prepare your self accordingly. Mr. M S Dua also seems to be right in the direction of taking positive action.

Your next step should be in the direction of preparing first; a network of different options to not only finance, insure, import, land, receive, handle, stock and repackage or not; the cargo; but also to offer it for retail selling; and later for finalizing and establishing terms for the purpose. more  
there is no legal hassle, only that the well established brands may seek a ban on your sales, therefore ask your brother to obtain proper invoices with no objection to market these products as such.that is with brand nme, copy right violations some times are very expensive. lots of people are doing such business in India. In case your brother seeks to establish outlets in India, certain legal formalities are required which need to be complied with. more  
But the problem is that he will not get the branded tags like Gap, Old Navy, Nautica etc here. His plan is to buy excess inventories of these companies. 



On Thursday, 23 January 2014 11:05 AM, Salona Bhowmick <support@localcirclesmail.com> wrote: more  
Only a suggestion - importing clothes from USA is not going to be a profitable venture. Becos U.S. mainly imports apparels from India , Bangladesh, China etc. Why import something which has been exported from here first ? Why not manufacture American styles here and set up shop selling those ? more  
Post a Comment

Related Posts

    • Need FMs help to further advance tax date

      Banks are closed from 8th March to 15th March for holidays & bank strike. No payment collection during the days. Request extension of advance tax payment date by another 5 days, ie till 20th Ma...

      By Sudesh Rai
      /
    • Timely Payments for MSME

      I know the circle has been active in escalating delayed payments issues to Finance Minister. I want to know if the Govt has brought any serious mechanism that addresses kick backs that are require...

      By Sarita Ravichandran
      /
    • Can you dance at your Workplace?

      How startups and smes can create a culture of fun at workplace by following this lady in the video....Awesome energy of Welspun ceo.

      By Naina Mittal
      /
    • All visas for Chinese suspended

      Attached Govt circular. My husband’s co founder got it from the Govt. All who have chinese partners may want to inform them. Their visa stands suspended. This is bound to hurt the economy. Al...

      By Vinita Agrawal
      /
    • STEEP HIKE IN CUSTOMS DUTY IS WELCOME from this BUDGET :.

      We are used to mixed reactions to Budget by any Party Government in India . This is a good move by the Ministry of Finace ; hope there will be no second opinion . Our main concern in the...

      By Jayakumar Daniel
      /
    • ESOP Taxation for Startups post Budget 2020: Action and Inputs

      Many of you have been writing to LocalCircles for clarification on the ESOP announcement by the Finance Minister on Saturday, Feb 1. We are pleased to share with you that the ESOP recommendation su...

      By LocalCircles Manager
      /
    • GSt penalty killed me and my business since its inception

      i paid more than 1.5Lakh as penalty for late payment since GST Implementation. we can not afford for C A for filing my turn over last year was 23 lakh what profit one expect . am 47 years cant get ...

      By Anthony Raj
      /
    • Corruption and Entrepreneurship - Issues

      Below are the key issues identified by you on corruption faced by entrepreneurs in India. Kindly review the same and share other specific areas where you have faced corruption as an entrepreneur/st...

      By LocalCircles Manager
      /
    • GST

      GST from the start is not user friendly as far as MSMEs are concerned. On one side low key MSMEs who can not afford auditors are fined for late filing returns and on otherside companies who employ ...

      By Subramanian Venkataraman
      /
    • Is India turning anti foreign investment by Bloomberg

      In most places, government ministers would be happy to hear that someone intends to invest a billion dollars in their country. Not in today’s India. Late last week, Amazon.com Inc.’s Je...

      By Rajesh Suri
      /
    • Banks want Bailouts

      Just like telecom companies, banks now have asked the government for funds to support the payments ecosystem now that they can no longer charge merchants a fee for using the Unified Payments Interf...

      By Sudesh Rai
      /
Share
Enter your email & mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

Please select a Circle that you want people to invite to.
Invite to
(Maximum 500 email ids allowed.)