What is IEC (Import Export Code) and How to Apply for It

November 3, 2018 | Author: | Posted in Business Equipments

What is IEC (Import Export Code)? Do you wants to know answer, please read this article which will help you understand IEC and give some Idea about Import Export Code Registration. Import Export (IE) Code is a registration necessary for importing or exporting goods and services from India. You can apply IEC Registration Online with us. IE Code is issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industries, Government of India. IEC can be used by the entity during its existence and doesn’t need any renewal or any kind of filing. Therefore, it is recommended for most organizations to obtain Import Export Code/ IE Code. You can apply Import Export Code Online with the help of SK Tax Law Firm. All documentation would be online.

Import Export Code Registration

No Return Filing

Import Export Code does not need the filing of any kind of return. Once, an Import Export Code is taken, there is no further procedure required to maintain validity of the Import Export Code.

Proprietors also can contain Import Export Code

If you do not have any kind of Legal Business Entity, do not worry, individuals can also obtain Import Export Code in their name means IEC can be applied on the name of Proprietor.

Exporters Require Import Export Code

All who export goods or Service from India want an Import Export Code. The Import Export Code must be quoted while sending shipments.

NO Renewal of Import Export Code

IE Code is issued for the lifetime validity to the entity and needs no renewal.

IE Code application must be made to the Directorate General of Foreign Trade along with the compulsory supporting documents. Once, the application is submitted, DGFT will issue the Import Export Code within 15 – 20 working days or less.

Importers need Import Export Code (IEC)

All Business entity who imports goods into India needs an Import Export Code. The IE Code should be quoted while clearing customs. Also, bank requires the importers IE Code while sending money abroad.

IEC (Import Export Code) Registration Consultant in India

SK Tax Law Firm helps you to obtain Import Export Code Registration or IEC Registration Online. Our experts would help you to get the IEC online for you. We are the platform where you can find all solutions for your Business like, GST Registration, GST Return, Trademark Registration, Income Tax, Company Registration etc.

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