IMPORT EXPORT CODE


PNJLEGAL

Uploaded on May 4, 2020

Category Business

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Category Business

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IMPORT EXPORT CODE

IEC REGISTRATION -RAHUL AGARWAL IMPORT EXPORT CODE (IEC) IEC registration is required by a person for exporting or importing goods. It is a 10 digit code which is issued by the Directorate General of Foreign Trade (DGFT).  All importers who import goods are required to register Import export code and all exporters need this code to obtain the benefits of exports.  FEATURES OF IEC code holder does not require filing of any returns. IEC  IEC Code is issued for lifetime and requires no renewal  Even individuals who are proprietors can obtain the code in their name.It is not necessary to setup a business for the same. Copy of Aadhaar Passport size Copy of PAN Card Card/ Voter photograph identity card DOCUMENTS REQUIRED Authority from Copy of Authorization other Directors on Partnership deed letter (In case of FOR AN letter head (In case (In case of Partnership) of company) Partnership) INDIVIDUAL Board Telephone Bill in Resolution/self the name of the Cancelled cheque declaration (In Individual (In case of individual case of Company) of individual) Copy of PAN Card firm/company Copy of Property papers Copy of Rent agreement DOCUMEN Landlord NOC TS Cancelled cheque of firm Electricity/ water bill REQUIRED Telephone Bill in the name of the business FOR AN Copy of Service Tax returns ENTITY Certificate of incorporation Bank statement of firm/company OA and MOA 1 letter head of company STEPS TO APPLY FOR IEC • Application Preparation • Application Processing • IEC fee payment • IE Code Issuance APPLICATION PREPARATION In order to get code an application must be made in the Aayaat Niryaat Form 2A format to the DGFT in that region where the registered office of the company is established. Government has also arranged online filing facility for obtaining IEC CODE ONLINE. APPLICATION PROCESSING Details of the business and its proprietors, directors or partners, bank account details and a bank certificate are the basic requirements of ANF 2A. All the required documents for IEC need to be submitted with ANF 2A. Digital signature is required on the ANF2A form. IEC FEE PAYMENT Once the application if complete, it should be filed with DGFT and an application fee need to be paid to the government. IEC department may send back your application for correction / change. You need to reply back to the DGFT in 15 days. Once the application is completely verified by the department, the Directorate General IE CODE of Foreign Trade will allot an IE Code for ISSUANCE your business. This IE code comes in both soft copy and hard copy. You receive the softcopy via email and can start the import export transaction with this. THANK YOU