IMPORT EXPORT CODE (IEC) REGISTRATION SERVICES At . LLP, we not only provide the best services for IMPORT EXPORT CODE (IEC) REGISTRATION SERVICES but also believe in helping our clients make an informed decision regarding the services they want to avail. That is why we explain to our clients, all the details and solve all your doubts and apprehensions regarding the services. All the companies currently want to expand and increase their business in one form or the other.
There is no place for a company that stay stagnant or does not grow. One of the fastest methods of growth is to grow beyond borders and venture into other countries and thus serving a bigger market. Although it sounds very profitable and exciting prospect the reality of doing so is not so simple or straightforward. Expanding to other countries requires an organization to follow various laws and procedures that are in place and get registrations and license in the market they are going to expand into.
Make this process hassle-free, simple, and straightforward, we at . LLP offer our expert and efficient services to our client for the purpose of Import Export Code registration.o We are well known for best IEC registration Siliguri. IMPORT EXPORT CODE (IEC) REGISTRATION SERVICES What is IMPORT EXPORT CODE (IEC) REGISTRATION SERVICES? Import Export Code or commonly known as IEC is a prerequisite license required by any organization which is looking to expand into other market via import or export.
IMPORT EXPORT CODE (IEC) is issued by Director General of Foreign Trade (DGFT). It is a 10-digit code which has a lifetime validity. Who requires an Import Export Code (IEC)? Any person who/company which is planning to import or export goods commercially requires the mandatory IEC,Any commercial import/export is illegal without IEC.
Any person who/company which is planning to import or export goods commercially requires the mandatory IEC, Any commercial import/export is illegal without IEC. Process of IEC Registration: Filling up Application form,Uploading Required Documents,Filing the application form and paying the required fees,Resolving any queries,Final issuance of certificate/code by email. Filling up Application form, Uploading Required Documents, Filing the application form and paying the required fees, Resolving any queries, Final issuance of certificate/code by email. When is IEC required?
IEC is required by customs authorities when importer must get his/her shipment cleared from customs. When importer sends payment to other countries via banks at that time bank requires the IEC code. Similarly, when an exporter sends his shipment to other countries the customs authorities require this code. The banks also require this code to receive payments on exporter’ behalf.
How to get Import Export Code? Steps Application formThe application form for an Import Export code needs to be prepared in a specific format prescribed by the DGFT.After the application form is prepared then it needs to be submitted to regional office of Director General of Foreign Trade (DGFT) The application form for an Import Export code needs to be prepared in a specific format prescribed by the DGFT. After the application form is prepared then it needs to be submitted to regional office of Director General of Foreign Trade (DGFT) DocumentsVarious documents are to be prepared according to the list prescribed by the DGFT.This list includesIdentity proof,Legal entity proof,Address proof for the Entity,Bank details,Certificate in respect to Aayaat Niryaat Form ANF-2A.Filing ApplicationOnce the application is complete, the application is to be filed with DGFT with a DSC (Digital Signature Certificate)IEC code is issuedIf the above steps are completed and no queries are raised by DGFT then the IEC code is issued in a soft copy format by the Government. Various documents are to be prepared according to the list prescribed by the DGFT.
This list includesIdentity proof,Legal entity proof,Address proof for the Entity,Bank details,Certificate in respect to Aayaat Niryaat Form ANF-2A. Identity proof, Legal entity proof, Address proof for the Entity, Bank details, Certificate in respect to Aayaat Niryaat Form ANF-2A. Filing ApplicationOnce the application is complete, the application is to be filed with DGFT with a DSC (Digital Signature Certificate) Once the application is complete, the application is to be filed with DGFT with a DSC (Digital Signature Certificate) IEC code is issuedIf the above steps are completed and no queries are raised by DGFT then the IEC code is issued in a soft copy format by the Government. If the above steps are completed and no queries are raised by DGFT then the IEC code is issued in a soft copy format by the Government.
Benefits of IEC registration Expansion of businessIEC equips an organization to expand their business by enabling them to enter markets outside their home country. IEC equips an organization to expand their business by enabling them to enter markets outside their home country. Avail several benefitsThe companies can avail of various benefits of their imports/exports from the DGFT, Export Promotion Council, and Customs etc. based on their IEC registration.
The companies can avail of various benefits of their imports/exports from the DGFT, Export Promotion Council, and Customs etc. No returns need to fileIEC does not require anyfiling of returns.After IEC is issued there are no procedures that need to be followed to sustain its validity.Even for export transactions, no returns need to be filed with DGFT or IEC Siliguri. IEC does not require anyfiling of returns. After IEC is issued there are no procedures that need to be followed to sustain its validity.
Even for export transactions, no returns need to be filed with DGFT or IEC Siliguri. No need for renewalIEC code’ validity is for a lifetime for the Entity that has acquired it and requires no renewal.