The first requirement before you start an import/ export business in India is to obtain an IEC. In India having Online IEC Registration is mandatory for exporting as well as importing goods in India for business. Where as a business is in Service export import then IEC is required in only limited circumstances.IEC Code is ten digit number generated by Director General of Foreign Trade and Ministry of Commerce. IEC can be obtained from any of the Zonal and Regional offices of Director General of Foreign Trade depending on area/region where the individual/company is located. Only one IEC would be issued against a single PAN number. On the basis of IEC, companies can obtain various benefits on their exports/imports from DGFT, Customs, Export Promotion Council etc. The customs will not allow for clearance of goods unless the importer has obtained an Import Export Code (IEC) registration from the regional authority.
The Import Export Code procedure in India is given by DGFT Department.Now Online IEC registration For Individual,partner ship LLP, Private Limited can be completed within 3-4 business days. VALS & CO. employs qualified company secretaries and chartered accountants, who ensure highest customer satisfaction and timely delivery of service. Our procedure of IEC registration is complete online well managed with communications. We provide Import Export License Registration services across India.
Import Export Code is mandatory for all persons doing imports/exports. Without registration of IEC code import / export is not permissible.
Once IEC is issued, there is no obligation of any return filing with government. IEC should be quoted only at the time of import or export of goods or services.
Registration of IEC is online process where documents required to be submitted to DGFT authorities. Hence scan documents required for processing IEC Code.
All Exporters who export goods from India. The IE Code must be quoted while sending shipments. And banks require the exporters IE Code while receiving money from abroad
Process of obtaining IEC code registration taken 8-10 working day. After verification of form DGFT authorities grant IEC registration number to person.
All Importers who import goods into India require an IE Code. The IE Code must be quoted while clearing customs. Also, banks require the importers IE Code while sending money abroad.
IE Code stands for Import Export Code. It is required for any person importing or exporting goods and services to or from India.
All importers must mention their IEC Code Registration number while clearing customs when their goods arrive in India.Additionally, now RBI requests person importing or exporting services to also mention IE Code in foreign remittances in bank account. Therefore, IE Code is required for anyone involved in import or export in India.
Any person who proposes to import or export goods and services from or to India must obtain IE Code.
Yes, individuals working in capacity as Proprietors of a business can obtain IE Code Registration.
No. Returns need NOT be filed for IE Code.
IE Code Registration can be obtained from the DGFT in 3 working days after submission of all required documents and application.
Yes, from IEC can be modified with online filing. Person need to file Part C and application for IEC modification.
Yes. You after IEC application in 3-4 days DGFT upload information on there site. Below is link. http://dgft.delhi.nic.in:8100/dgft/IecPrint
IEC Registration can be given per PAN Basis. In case of lost of IEC number, you can download certificate online.
No. Digital signature is not complesory for IEC application. Without DSC IEC can be applied.
Yes. You can send Soft copies of documents to us. No physical documents required.
For New IEC Registration Fees is Rs. 500/- â€¢ For IEC Modification Fees is Rs. 200/-
Call us at: +91-9999331175 or Email us:
Send us an email and we'll get in touch shortly, or phone between 10 AM and 07:PM Monday to Saturday - we would be delighted to speak.
Monday to Friday
10 AM to 8 PM