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WHAT IS IMPORT EXPORT REGISTRATION ?

IEC is known as many names like Importer Exporter code, Considering the recent trends in the business sector, a gradual shift of businesses is observed from the local market to the international market. To spread reach and conquer the international market, the import and export activities are undertaken which further requires the Import Export Code.

  • IEC is a 10 Digit Code and compulsorily required for Import or Export code .
  • Getting IE code is the first step to start trading internationally.
  • IE code has lifetime validity.
  • Exporters cannot get the benefit of exports from DGFT, customs, Export Promotion Council without IE code.

BENEFITS OF IMPORT EXPORT CODE

The IEC code is the main requirement to enter into international market which supports the growth and development of the business to a certain standard. Here are the Benefits or Advantages of IEC Registration for Businesses.

  • Touching international boundaries for trade. With IE Code one can expand business and reach customers internationally.
  • IE Code is issued for a lifetime, one-time activity with lifetime benefits.
  • Avail discounts and subsidies granted by DGFT.
  • IE Code doesn’t require any filling .
  • Any proprietor business identity can obtain IE Code
  • Global Markets at Fingertips

FEATURES OF IMPORT EXPORT CODE

persanal-loan

BUSINESS GROWTH

home-loan

EXPORT SUBSIDIES

GST REGISTRATION

LIFETIME VALIDITY

gst-return

INDIVIDUALS CAN HAVE IE CODE


WHY IT IS REQUIRE?

If you are doing any import or Export, you must have IEC ie Import-Export Code. By IEC Code only, you can do the Import in India and can export outside India. IEC Code is a one time Process and You need not to file return for the same.

WHEN IS IEC CODE REQUIRED?

  • For Import and Export of Goods from India.
  • For Import and Export of Services from India.
  • To clear the shipment while making an Import or Export.

Documents required for Import Export Code regitration.

  • Copy of PAN Card.
  • Copy of Partnership deed (In case of Partnership).
  • Copy of Aadhaar Card/ Voter identity card.
  • Authority from other Directors on letter head (In case of company).
  • Authorization letter (In case of Partnership).

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