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Apply IE Code Registration Online

IEC Registration

Apply IE Code Registration Online with us! It is mandatory for all Indian companies which deal or decide to expand their business activities through import and export business operations. IEC Code Registration online is a mandatory10 digit unique license, for companies and businesses that deal with import-export transactions in the Indian Territory issued by The Director-General of Foreign Trade (DGFT), under the Department of Commerce, in India.

Benefits of IEC Registration

Expansion Of Business: Using IEC, the business can expand its reach to the international market or global market. IEC License provides the business to export its products and goods outside the country and create brand recognition in the international market.

Availing Several Benefits: counting on the idea of IEC registration, the business can enjoy several advantages provided by the Export Promotion Council, DGFT, and Customs.

No Return Filing: IEC doesn't need any return filing. Once IEC is granted, there's not needing to follow any sort of procedures to support its authenticity. In any case of the export transaction, DGFT doesn't enter or make any issue for filing any return.

Hassle-Free Procedure: Obtaining IEC from DGFT is basically simple and may complete the method within 0-15 days after presenting the appliance. No documents of export or import are required following to obtain the IEC Code.

Valid for Lifetime: Once your business is registered with an IEC license, then you'll enjoy its benefits till eternity because it is valid for a lifetime and importantly there is no need for any renewal process.

Government Authorizes Proof: Import Export Code or IEC is a government identity number that is granted by the DGFT. And can show this identity code number at the time of clearance of the shipment.

How to register for IEC? - A detailed IEC procedure

To get your Import Export license online, you'll get to do the subsequent simple IEC registration procedure.

Step 1: The web IEC form within the format Aayaat Niryaat Form no. 2A is filed with the Directorate General of Foreign Trade. Alternatively, it could even be done offline at the Regional office of DGFT.

Step 2: All the specified documents, including bank details and DSC, need to be submitted

Step 3: Next, the IEC Code Registration India are going to be allotted and therefore the application is going to be processed further

Step 4: Once the documents and application are verified by the authorities, the import-export license will be granted as a soft copy to the entity.

Documents required for Import Export Code registration

• The Documents Required Are Relatively Less For IEC Registration. Only A Few

Documents Are Required Which Are Listed Below For A Better Scope.

• PAN card of the individual or company
• Copy of the entity’s government ID (Driving license/Aadhar/Voter ID)
• Incorporation certificate/Partnership deed
• Personal or company’s current bank account statement
• Address proof (Electricity bill/rent agreement/sale deed of the office location
• Copy of canceled cheque leaf of the present account

Eligibility

Any type of business registration: Sole Proprietorship, Partnership, Private Limited, and Charitable organizations dealing with the export and import of goods should register for Importer Exporter Goods.

Any sort of business registration: sole proprietorship, partnership, private limited companies, charitable organizations handling import and exports of products can register for import-export code, regardless of the dimensions. However, IE Code isn't required for the Import/export of products for private use, which isn't connected with trade, manufacture, or agriculture. There is no need for a business setup.

Exemption of IEC

• Persons undertaking import and export of products for private reasons and not connected to trade, agriculture, and manufacture.
• Through Indo-Myanmar border areas and China (via NamgayaShipkila, Gunji, and Nathula ports), the parties/individuals who import/export goods to/from Nepal and Myanmar with one consignment must not exceed the worth of Rs 25,000
• As listed in Appendix - 3, Schedule 2 of ITC, exemption from obtaining IEC shall not be applicable for the export of materials, organisms, special chemicals, equipment & technologies (SCOMET)
• Ministries/Departments of Central and State governments

VALIDITY OF IE CODE

Once registered the Import Export Code is permanent and becomes valid for a lifetime. Hence, there's absolutely no need for renewal or update. It lasts until the business ceases to exist or the registration is surrendered. Also, the business does not have to do any monthly or annual filings like GST, PF, etc.

RCMC REGISTRATION
RCMC is Registration-cum-Membership Certificate issued by the Export Promotion Council body under the govt. of India. RCMC is required for businesses that deal with the export of restricted products, and those seeking concessions under Foreign Trade Policy like duty withdrawal.