As we all know, Korea is one of the biggest countries that deals in cosmetic products nowadays. Most countries are importing Korean cosmetics due to their huge demand. So, if you are one of them, then you must understand the process of how to import cosmetics from Korea to India. Because without registration of imported cosmetics, you are not allowed to regulate them in the indian market. If you do this without any license, then the government must impose penalties and fines on you, or it may result in the end of your business. So, to avoid all these penalties must apply for the registration of import cosmetics from India.
What Is Important To Import Cosmetics From Korea To India?
Before importing any cosmetic products from Korea to India, the first step is to perform market research and identify the target audience. Nowadays, the demand for cosmetic products in India is rising every year among women and men of different age groups. Due to the online shopping culture, which is way more convenient than traditional shopping.Â
India is among the top countries for high market expansion for cosmetic products, which leads to different business opportunities worldwide, where import-export is one of the major dynamics for economic planning.
Steps To Be Followed To Import Cosmetics From Korea To India
The various steps to be followed to import cosmetics from Korea to India seamlessly. If you find difficulty in understanding the process, you can seek help from experts for easy and effective results. The steps are:
- First, the product we want to import to India must be registered with the CDSCO. All the regulatory requirements shall comply with the regulatory authority for ease of registration.
- After registration of cosmetic products, applicable fees shall be submitted along with Form COS-1.
- Ensure the products meet all the regulatory requirements of safety and labeling standards of cosmetics as per the Bureau of Indian Standards.
- Then, search for a supplier in Korea that is reliable and trustworthy for business. Ask for all the shipping charges, logistics, and duty payments for smooth export from Korea to India.
- After the cosmetic products are imported into India, a business strategy is needed to enhance sales.
Documents Required For The Import Of Cosmetics From Korea To India.
The following are the most important documents needed for importing cosmetic products from Korea: –
- ID proof
- Name and address of the manufacturer or authorized person who wants to import and sell cosmetic products in India
- Contact information
- Import Export Code Certificate
- Fee receipt of payment
- Manufacturing and expiry date of the product
- Cosmetic Manufacturing license/ registration license issued by the competent authority of Korea, the Ministry of Food and Drug Safety
- Free sale certificate
- Non-Animal Testing Declaration
- Product specifications and limits of heavy metals present
What Are The Benefits Of Importing Korean Cosmetics To India?
Importers get various benefits when import cosmetics from Korea to India, such as:
- High Demand: Amazing demand, that rose unexpectedly on the back of K-Pop, K-Dramas, and skincare trends.
- Unique Ingredients: Rare, unique, one-of-a-kind ingredients such as snail mucin, ginseng, fermented ingredients, etc.
- Unlimited affordable quality: Incredibly low production cost, and high perceived value from customers provide affordable beauty products that are premium.
- Perfect for Indian skin types: Gels and medicated creams (baby face) are lightweight, hydrating, and formulated for a hot and humid climate.
- High margins profit: Khutubg a premium price point with niche branding deals can create high margins/profitability.
- Fast-growing market: The Indian beauty market is a fast-growing market.
- Private labelling: Brands can be private labelled with or without involvement from the manufacturer’s salaried payroll in Korea.
- Global recognition: “Made in Korea” is globally recognized as a brand.
Why Import Cosmetics From Korea To India?
Korea is famous for its beauty, and the craze for its cosmetic products is getting huge attention in the Indian market because of the quality and uniqueness they possess. For importing cosmetic products successfully from Korea to India, the product is registered by the Central Drug Standard Control Organization (CDSCO). Under the application Form COS-1 and granted the registration license in Form COS-2, the product must be regulated as per the regulatory bodies of India.Â
While applying must follow the specified standard set by the competent authority as per the Drug and Cosmetic Rules, 2020. The Bureau of Indian Standards (BIS) regulates the standard for the cosmetic products included in the Schedule ‘S’ of the Cosmetics Rules, 1945.
Also read: What is Form COS-1 & Form COS-2?
Who Can Import Cosmetics from Korea to India?
- Manufacturers having a manufacturing license in India can apply for the import of cosmetics from Korea.
- Any authorized person appointed by the Manufacturer or Importer can apply for the import of cosmetics from Korea to India.
- Any other person who just wants to import and sell products in India.
Charges For The Import Registration Certificate From Korea To India
According to the Third Schedule of the Cosmetic Rule 2020 fee of 1000 US dollars or its equivalent in Indian Rupees is paid for registration or retention per product category of cosmetics. A fee of 50 US dollars for registration of each variant, and a fee of 1000 US dollars for grant or retention of registration certificate for an additional category of cosmetics is paid along with the COS-1 application form for Import Cosmetics from Korea to India.
Validity Of Import License Of Cosmetics From Korea To India
CDSCO Cosmetic License Registration in India is valid for five years. Before or after this period, the license should be renewed so that the process continues smoothly.
Conclusion
For the safeguard of cosmetic products imported from Korea to India, they must be regulated by the regulatory authority of India, the Central Drugs Standard Control Organisation (CDSCO), under the Cosmetics Act, 1940, and Rules, 1945. According to this act, all cosmetic products to be imported into India must comply with the regulatory requirements of the competent authority. This is achieved by applying Form COS-1, which is required for the grant of an import license in Form COS-2, a mandatory document for the import of cosmetic products in India.
Get in touch with our team of experts to ensure a smooth import process and navigate the regulatory landscape with ease. Contact us [+91 85859 19582] today for personalized assistance and start your business journey now.
FAQs
What Is The Primary Step For Cosmetic Products Imported from Korea to India?
The first step is to search for a supplier in Korea to manage everything from shipment to customs charges. Then, the product we want to import into India must be registered with CDSCO under the application filed in Form COS-1 for the grant of an import license.
What Is The Next Step After Submitting Form COS-1?
After submitting Form COS-1, CDSCO will review and analyze the application, and if everything meets the regulatory requirements, it will issue an import registration certificate under COS-2 for importing the cosmetic products.
What Is the Validity of the Import Registration Certificate?
The validity of the import license is five years from the date of issue.
