- Import-Export License for Manufacturing & Exporting
- IEC Code for SEZ Supply
- IEC Code for Service Exporting
- IEC Code for Importing of Goods & Services
IE Code registration is a one-time registration that is good for the rest of your life. As a result of which, submission, updating, and even renewing IE Code registration will be a breeze. It continues to remain in action until the business ceases to exist or either till the time registration is withdrawn or taken back.
So You can ask any Query for Import-Export Registrations.
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Scanned Copy of Any One Of Below
Scanned Copy of Any One Of Below
First benefit is that Registration for Import Export Code will help you in expanding your business. Reaching out to a larger market on a global scale, therefore it will help your business to grow by leaps and bounds.
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Registering for Import Export Code will mean that you need not file any returns. Once the code has been allotted to you, you will not be required to follow some kind of process to ensure that its validity is sustained. Even with regard to export transactions, you will not be required to file your returns with the Foreign Trades general director.
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There is no need to renew an Import Export Code because it is valid as long as the entity survives. Therefore if there is anyone who has this code then they do not need to worry about its expiring date.
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It's not difficult to obtain an Import Export Code from the Foreign Trades general director. The processing is done within very few days just in a period of ten to fifteen days once there is the submission of an application.
.It is basically the code generated to file in the company registration which is working within the parameters of importing and exporting services and goods.
The person who works as proprietors for a company involved in the import and export can easily obtain an IE code.
No, there is no need of getting it renewed as the IE code is valid for life time.
There’s no penalty as such. If you don’t have an IEC, you’ll not be able to import or export goods, as simple as that. IEC is not mandatory to register, only if you’re operating a business which requires importing or exporting of goods, then you got to have IEC.
After you submit all the required documents and properly filled application to us, you will receive your IEC within 6-7 working days.
Import and export do not require different codes, and the same IEC can be used for both. Many people believe that a distinct IEC code is necessary, although this is not the case. There is only one registration necessary, which is required for both import and export, and the same IEC code can be used for both import and export. Obtaining an IEC code has numerous advantages for enterprises.
The answer to this is Yes, The IEC profile must be updated at least once a year. The IEC profile will be deactivated if it is not updated. After a successful update, a deactivated IEC can be reactivated. Reactivation on the other hand is completely a different case. Reactivation is subject to the condition that no other action be taken in the event of a violation Trade Policy of the Foreign.
It is not necessary to have a Digital Signature Certificate to apply for an IEC. Aadhaar authentication can be used to sign the IEC application. DSC was implemented in IEC to improve the issuance and modification operations.
Yes, there is definitely a requirement. An Importer-Exporter Code is a unique business identification number that must be used when importing or exporting goods to or from India. Unless specifically exempted, a person or entity cannot export or import without first obtaining an IEC. However, unless the service provider is receiving advantages under the IEC, IEC is not required for service exports as per the trade policy of foreign.
IEC will be generated automatically after the online application is filed with the required payments and papers. The DGFT will give an intimation to an applicant regarding the allotment of IEC.
Many small businesses pay lakhs in penalty every year to the Government for late filing various statutory returns. Such penalty or late fee paid is not tax deductible and is a drain on profitability. At IndiaFilings, our mission is to provide the most affordable services to our customers and help them avoid all late fee.To achieve our mission - we have built enterprise grade technology to help you proactively know the upcoming compliance and avoid penalty.Checkout our compliance services below, talk to an Advisor and stop paying unwanted late fees.
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