We at CAJCCbelieve in rendering high-quality services not only confined to domestic business but also for growing the business beyond local limits in the overseas market. Before moving global, many laws and procedures in place are essential to be followed, and several registrations/licenses are needed. Import Export Code (IEC) is one of such registration which is mandatorily required for import and exports. IEC is the prerequisite for the imports or exports to and from India. The department issues IEC for the lifetime and does not require any renewal. We are proud to introduce ourselves as the
best consultants for IEC Code registrationand
import export code application process in Delhi.
What is Import Export Code (IEC)
Import Export Codeis a ten-digit identification number which is issued by the Director-General of Foreign Trade (DGFT), Department of Commerce, Government of India. Companies and businesses must obtain this code to commence operations in the territory of India. It is practically impossible to conduct transactions of import and exports without this code.
There are specific regulations and processes which are required to get fulfilled to get the Import Export Code. You also need to adhere to particular rules. Once you fulfil all the conditions, you can get the code from the DGFT offices. DGFT has various regional offices in the country.
Why is IEC required
- For the clearance of the consignments by an importer from the customs
- For exporting the shipments by the exporters through the customs port
- For inward remittances in foreign exchange directly into the bank accounts
- For getting benefits on imports and exports from Customs, foreign trade policies (FTP) as regulated by DGFT, etc.
What are the documents required for IEC registration
- Copy of PAN Card (For Individual / Firm / Company)
- Aadhaar Card / Passport / Voter ID (For proprietors)
- Proof of address of the firm. In case the proof is not in the name of the applicant firm, a NOC by the owner of the premises in favour of the firm along with the address proof is to be submitted in a single PDF document.
- Bank certificate / pre-printed cancelled cheque is mandatorily required
- Contact details: Mobile number and e-mail I'd of all individuals/directors/partners
- Any one of the following:
- Sale deed
- Rent agreement
- Lease Deed
- Electricity bill
- Telephone bill
- Mobile Postpaid bill
- Memorandum of Understanding (MOU)
- Partnership Deed