Import Export Code
Get IEC enlisted. Online IEC Registration in India is necessary in the event that you wish to export or import. Costs beginning at INR 2499/ – as it were.
Import Export Code Registration – All you need to know
All organizations which are occupied with Import and Export of products necessarily require IEC Certificate.
Import Export Code (in short IEC Code) is a ten-digit number with lasting legitimacy conceded by the Directorate General of Foreign Trade under the Ministry of Commerce and Industry, to any bonafide individual/organization for doing import/send out. Merchants are not permitted to continue without this code and exporters can’t take advantage of fares from DGFT, Customs, Export Promotion Council, in the event that they don’t have this code.
In the following cases the IE Code would be required:
One shouldn’t be an enrolled substance to apply for import send out code; you can apply even as a person. IEC Certificate is otherwise called Export License, Import License, IE Code, IEC code, EXIM License. All have a similar significance.
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Period of License (Validity) / Renewal / Modification / Cancellation
Import Export Code issued by the DGFT have unlimited validity and also no need to file any kind of monthly returns like GST Return Filing or Income Tax Return Filing against the IE Code Registration. Every IEC holder mandatory update the major changes in business in IEC Database at DGFT like changes in PAN, Communication address, authorized signatory etc. Now the modification of IEC procedure is simplified. An existing Import Export Code can cancel by giving a Letter of Cancellation with authorization at DGFT.
Documents required for IEC Registration
- PAN of the applicant
- Address proof of the applicant
- Cancelled cheque bearing entity’s pre- printed name or Bank Certificate
Address Proof : Sale Deed, Rent Agreement, Lease Deed, Electricity Bill, Telephone Land line bill, MoU, Partnership deed
Individual : Aadhar Card, Passport and Voter id also accepted