Ideal for businesses planning
to trade in and out of India
Rs. 3,391 Onwards
SAVE 30% COST!!!
(Takes less than 30 days)
ADVANTAGES & BENEFITS
Why To Get IEC In India.
Taking your services or products to the international market will enlarge your businesses. IEC enable you to sell products outside India.
On the basis of IEC, companies or firms can benefits and subsidies their exports/ imports from DGFT, Customs and export promotion council.
Once you are done with IE Code Registration and submit all the required documents, IE Code is issued for the lifetime of the entity and requires no renewal.
No Return Filing
IE Code does not require filing of any return. Once, an IE Code is issued there are no further procedures required to maintain validity of the IE Code.
Individuals can have IE Code
Even individuals who are proprietors of a business can obtain IE Code in their name. It is not necessary to incorporate a business entity for obtaining IE Code.
The IEC, once issued, is valid throughout the county, in all your branches or factories. It needs to be quoted while your goods go through customs and while sending money abroad or receiving money from abroad.
IEC Documents In Respect Of Individual / Proprietor / Partner / Director
IEC Documents In Respect Of Entity
On How To Get FSSAI License In India.
Any person who intends to import or export goods and services from or to India must obtain Import export Code.
No, tax is not levied on Import Export Code. However, custom duty maybe levied. Custom duty depends to the category of the products imported or exported.
After submitting all the requisite documents IEC is typically allotted in 5-10 days. It is not necessary to show proof of any import or export to obtain IE Code. Now a days, as IEC can we partially applied online with the help of digital signature, IEC can be obtained in less than a week.
if you had taken your IEC in physical process, you have to re-apply for e-IEC with all the documents and DGFT will provide you certificate in new online format.
If you or a company wants to modify any details in IEC license, then you can do it online in your IEC application. IEC modification required resubmitting the application with the DGFT once again with all the required documents. Also, IEC modification fee needs to be submitted with the department.
IEC is only a license permitting the import and export of goods. Therefore, no return is required to be filed under IEC code.
You will not need an IEC code under the following cases :
- Person exporting or importing goods for personal use and not for activities related to business.
- 2.Persons exporting or importing goods to/from Nepal or Myanmar through Indo-Myanmar border areas, a value of which does not exceed Rs.25,000/- in a single assignment.
- Ministries or departments of central government do not require obtaining IEC.