This feature is currently in beta; you can read more about it and sign up for the early access program here.
In the meantime, you could look at this app.
It currently only supports copying project configuration (i.e. screens, workflows, etc.), not data, but you can pretty easily move your data via CVS export and import.
If the destination is empty (i.e. you're moving to a completely new instance), then yes. You can do a backup of your source system via the backup manager (https://<source-site>.atlassian.net/secure/admin/CloudExport.jspa). You'd then do a system restore from the backup in your destination instance (https://<destination-site>.atlassian.net/secure/admin/CloudImport!start.jspa)
@prashantgera Have you already moved your project shell via Project Configurator? If so, and Due date was one of the required fields in your field configuration, you'll need to make sure all of the tickets you're trying to import have a due date in the csv file.
The documentation for csv imports is here, if you haven't read it already. You may need to do some formatting to your file; a simple export from a search filter (if that's what you did) will not always provide the exact setup necessary for import.
In Project Configurator for Jira Cloud only supports migration Configuration between Jira Cloud instances. I'm sorry to say that it does not support migrations between Server and Cloud instances.
I can confirm that we have produced a short demo video located here which explains how you can use Project Configurator for Jira Cloud to perform a migration and this can be used as a reference guide to help you get started with the plugin.
Also, I can confirm that you can find the getting started pages of the documentation located here which contain detailed guides on how to use the plugin.
I hope this information helps.
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