Advait Vansadia - 18020241085

Alan Mathew - 18020241087

Omkar Bhoye - 18020241102
Shubham Nagar - 18020241145
Srishti Kamble - 18020241148
Stuti Khaitan - 18020241149
Yalmar Ajinkya - 18020241159

JAPAN

Jaipuri Printed Quilt

 REASONS
• Weather Conditions: The average winter temperature in Japan is 5.1 °C,
and the country has winter season for six months (September to
November – Autumn and December to February – Winter), the cold wave
has brought sub-freezing temperatures to some parts of Japan.
• Current Solution: Japanese use hot Carpet and different kinds of heater
currently. The electric blanket users are exposed to electromagnetic fields
which may lead to health issues. It is also dangerous for diabetics and
others who may have decreased sensitivity to heat, leading to the
possibility of dangerous and painful burns.
• Our Product: The Jaipuri quilt is light in weight and warm and snugly in
nature. It is made available in vibrant multicolour. Since Japanese consider
blue and green as their lucky colour, the combination of these colours in
different rajasthani prints will be appreciated in the Japan.
 MIKATA Kiruto
• MIKATA in Japanese means ‘ally’. Helping each other and
working in a group is a central notion in the Japanese value
system, the children are trained in such a manner so as to
imbibe this in their life. KIRUTO means quilt, which is our
product.
• This name will give the consumers a sense of companionship
and also our quilts will give them comfort and warmth like a
good friend during winter times in their country.
 Registration and documentation
procedures in India
• Rental agreement / or own property
Once, after forming a firm, we will have a rental agreement. This rental agreement may be required for
various government authorities to register your address proof of the firm. While drafting a rental
agreement, we will pay necessary legal charges as stamp duty on the document. As our company is a
merchant exporter of the Jaipuri Quilt, we will have to rent a office.
• PAN- Permanent Account Number
This firm is a partnership, we will acquire a separate permanent account number – PAN in the name of
firm will be obtained from the Income Tax Department.
• CURRENT ACCOUNT opening.
The firm will open a current account with a bank who has got effective export-import services and who
does not delay in crediting foreign exchange and preferably with a bank with exclusive international
business.
• Obtaining an IEC number with DGFT with branch code:
After obtaining PAN and registering our office, the proof of the same and a cancelled cheque leaf has to
be uploaded on the DGFT website, after which we will be given a IEC number.

• AD code - Authorized Dealer Code - registration with customs.

We will register our IEC and Authorized dealer code details with the port through which we are
exporting.
• Registration with EPC:
The appropriate EPC for our product is Texprocil, which has a office in
Mumbai as a Reigstered Textile Exporter, as Cotton made ups come under
this type of membership.
The membership fees would be out of Rs 10,620( including GST of 18%)
and a renewal fees of Rs 7080.
The form has to be downloaded from their website, website.texprocil.org
and the IEC, PAN and the partnership deed has to be uploaded along with
the form.
 COUNTRY PROFILE
• Population: 127 million.
• Largest Japanese cities (by population, from most to fewest people): Tokyo, Yokohama, Osaka,
Nagoya, Sapporo, Kobe, Kyoto, Fukuoka, Kawasaki, Saitama, Hiroshima, Sendai, Kitakyushu,
Chiba
• Ethnic groups: Japanese (approx. 98.5% of population), Koreans (0.5%), Chinese (0.4%), Other
(0.6%)
• Language: Japanese
• Climate and weather: Japan’s climate ranges from humid continental on the northern island of
Hokkaido to humid subtropical on parts of Honshu south to Okinawa Prefecture on, the Ryukyu
islands.
• GDP per capita (International $, PPP): $38,894.47 (2016)
• Life expectancy at birth: 83.2 years (world’s longest life expectancy)
• Average Height : Male: 171.2 cm. Female: 158.8 cm.
• Imports from India: $3.85 billion
• Exports to India: $9.7 billion
• Japan is a major cotton textile importing country with 97% of its textiles being sourced through
imports, mainly from China, Vietnam, Bangladesh and India.
• India’s cotton exports to Japan was $429.4 million, accounting to 1.25% share of the total
imports.
 INCENTIVES
• MEIS:
Our product, quilt has 5% Merchandise Export from
India Scheme for exports to Japan, which comes in
Country group 2 under the DGFT classification.
• Bank Assistance:
We can avail financial assistance from banks such as
Pre Shipment Credit in Foreign Currency (PCFC) and
in INR, Packing Credit loans, Supplier’s credit,
Buyer’s credit, Post shipment Finance, short term
and long term finance, etc.
H.S code for Quilts – 9404.90
TARIFF BARRIERS IN JAPAN FOR IMPORTING QUILTS.
Products imported into Japan are subject to customs duty in principle. The duty rates are
roughly classified as follows:
1. General rate
2. Temporary rate
3. WTO
4. GSP
5. LDC

H.S Description Tariff rates

Code of product General Temporary WTO GSP LDC
9404. Quilts 4.6% - 3.8% Free -
90
 But due to EPA (Economic Partnership agreement) between India and Japan, India is free
from tariff rates under EPA for exporting quilts.
 For getting benefits of EPA, Certificate of origin is mandatory.
 Custom values should not exceed 2,00,000 yen.
 Certificate of origin is valid for 12 months from the date of issuance.
 NON TARRIF BARRIERS
• Regulatory barriers, including licensing
requirements, restricted goods, certifications,
labelling requirements, and more.
• Deciphering Japanese rules and regulations
for exporting can be frustrating in the least
and, at worst, cause issues that force an
exporter to stop trade to the country
completely.
• High hygiene and sanitary standards
• Standards unique to Japan (formal, informal, de facto, or otherwise);
• A requirement in some sectors or projects for companies to demonstrate prior experience in Japan,
effectively shutting out new entrants in the market;
• Official regulations that favor domestically-produced products and discriminate against foreign
products;
• Licensing powers in the hands of industry associations with limited membership, strong market
influence, and the ability to control information and operate without oversight;
• Cross stock holding and interconnection of business interests among Japanese companies that
disadvantage suppliers outside the traditional business group;
• Cartels (both formal and informal); and
• The cultural importance of personal relationships in Japan and the reluctance to break or modify
business relationships. Regulatory barriers, including licensing requirements, restricted goods,
certifications, labelling requirements, and more.
• Deciphering Japanese rules and regulations for exporting can be frustrating in the least and, at
worst, cause issues that force an exporter to stop trade to the country completely.