Home IEC REGISTRATION How to Apply For Import Export Code?

How to Apply For Import Export Code?

January 16, 2018

4432

IMPORT EXPORT CODE

It shows that you have a licenses and permissions from Government in order to start Importing or Exporting. You can understand it as a Passport is mandatory for traveling abroad, similarly an IEC Code is mandatory to Export or Import anything from/into India. IEC Certificate is issued by Directorate General of Foreign Trade (DGFT) which comes under Ministry of Commerce and Industry, Government of India. The main objective of DGFT is regulating and promoting Exports from India.

Benefits:-

All Exporters who export goods or services from India require an IE Code. The IE Code must be quoted while sending shipments.
Banks require the exporters IE Code while receiving money from abroad.
IE Code is issued for the lifetime of the entity and requires no renewal.
Import Export Code number is the primary proof of a firm as an Exporter/Importer in India.

FAQ

Is it mandatory to obtain Import Export Code Registration?

Yes, any person who intends to import or export goods and services from or to India must obtain Import export Code.

Is there any tax levied on Import Export Code?

No, tax is not levied on Import Export Code. However, custom duty maybe levied.

How much time will be required for the purpose of Import Export Code?

You can get your Import Export code within 7 days after submitting your documents.

What are the benefits of Importer exporter code?

IEC number can be submitted with government authorities as a proof of exporter/importer to obtain various benefits on their exports / imports from DGFT, customs, Export Promotion Council etc.

Whether can I modify my IEC license?

Yes.

Are any monthly returns required to be filed under Import Export Code?

It is only a license permitting the import and export of goods. Therefore, no return is required to be filed under IEC code.

Is digital signature is required for IEC license?

Yes.

Is PAN Number/ PAN Card essential?

Yes. PAN is mandatory.

I want to avail this service, what should I do?

Don’t worry, just fill the above mentioned details & contact the professionals of Aapkaconsultant.com and we will guide you with the complete process.

If you want your IEC Registration, please click here

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