What is APEDA (Agricultural and Processed Food Products Export Development Authority)?
APEDA (Agricultural and Processed Food Products Export Development Authority) is an autonomous body under the Department of Commerce, Ministry of Commerce and Industry, Government of India. It is responsible for the promotion of exports of agricultural and processed food products, development of infrastructure facilities in export markets and quality standards in these markets.
APEDA also functions as a nodal agency for providing various services to exporters like:
- Facilitating ease at port-cum-airport terminals through counter checking facilities at all major ports across India;
- Assistance on issues related to documentation requirements during customs clearance at port or airport terminal level;
How do I file an APEDA monthly return?
APEDA is an autonomous body under the Department of Commerce, and it is responsible for promoting export of agricultural and processed food products. The APEDA monthly return portal allows you to file your returns online.
APEDA monthly returns are mandatory for exporters who have exported goods worth over Rs 2 lakh during the previous month (except those registered as exempt).
We are constantly being told about the importance of APEDA and how to use it in making our exports more profitable. The data for APEDA has been going down for the last twelve quarters now, which means that the benefits of using it are less and less. So, I urge all exporters to pay extra attention to APEDA and make sure they understand what they are doing with it. Those who do not understand their business will be clueless when it comes to filing their APEDA returns.
So, next time you hear about the importance of filing your monthly APEDA return, remember this advice: