Comprehensive Guide to Udyam Registration & MSME Registration in India and Exemptions in Trademark ..
IEC-and- AD-Code Registration
- Benefits of IEC and AD Code Registration
- Import Business of Goods
- Export Business of Goods
- Import of Services
- Export of Services
- Custom clearance
Standard 10% Off
- Filing of Application
- Govt Fee
- GST Registration
- LUT Registration
- Completion date: 10-10-2024
Import Export Code 2024 and AD Code Registration 2024
A separate set of skilled lawyers and professionals assists our clients in a seamless and coordinated manner, and has a track record of success in Customs and Excise appeals. We provide guidance and advice on a variety of customs and excise concerns, as well as assisting our clients in complying with regulatory norms and frequently changing recommendations issued by Customs and Excise authorities
A special group of legal advisors at Businessmitra can help, guide and adequately handle a wide range of Customs and extract matters as well as accurately finding a solution out of each and every complicated and tricky Customs and Excise matters
We efficiently manage Customs and Excise concerns for a wide range of industries and organisations, allowing them to effortlessly conduct business while adhering to legal requirements
AD Code Registration 2024
We also help our clients with AD Code Registration 2024
Get your Import Export Code easily in just few steps through Businessmitra
Our skilled Customs and Excise lawyers assist our clients in completing all international business transactions in accordance with all domestic and international regulations in order to retain a positive corporate outlook. We effectively and successfully handle all difficulties and conflicts originating from international trade and cross-border business transactions, as well as international arbitrations, in an efficient and cost-effective manner
Our experts, who have extensive experience and a thorough understanding of Customs and Excise matters, counsel, advise, or provide legal advice to a variety of industries and institutions following a thorough, systematic investigation and analysis of the matter in order to save time and money by avoiding unnecessary legal proceedings
What is Import Export Code (IEC)?
Import Export Code (also known as IEC) is a 10-digit identification number that is issued by the DGFT (Director General of Foreign Trade), Department of Commerce, Government of India. It is also known as Importer Exporter Code. It is mandatory for companies and businesses to obtain this code to start a business that deals with import and export in the Indian Territory. It is not possible to deal with export or import business without this code.
Why do I need to get Import Export Code?
The following are the situations in which importers and exporters will require the Import Export Code:
- When importers have to clear their shipments from customs, the customs authorities will ask the importers for an Import Export Code.
- When importers send funds overseas via banks, the bank will ask the importer for an Import Export Code.
- When exporters have to send their shipments, the customs port will ask the exporter for an Import Export Code
- When exporters are paid in foreign currency and the money is transferred directly into the exporter’s bank account, the bank will ask the exporter for an Import Export Code.
Who can apply for Import Export Code?
What is the eligibility criteria to apply for Import Export Code?
The entire functioning of import and export in India is governed by the provisions of the Foreign Trade (Regulation) Rules, 1993. Therefore, IEC is also regulated by the same statute. In case the import/export is of services or technology, IEC is required in only limited circumstances, when import/export is in ‘specified services’ or ‘specified technologies’, i.e. services or technologies in which international trade is restricted by the Government of India as they pertain to national security, such as dealing in nuclear weapons, automatic guns, etc. IEC is not required under the following circumstances:
- Import/export of goods for personal use, which is not connected with trade, manufacture or agriculture.
- Import/export by government ministries and departments, and certain notified charitable organizations.
- Time Required for Import Export Code
- Approval of Importer Exporter code requires just one day depending upon the availability of Department officials
Process of Import Export Code
- You need to fill the application form for IEC online on the DGFT website.
- Go to www.dgft.gov.in and click on ‘Apply for IEC’.
- Fill in all details to register as a new user.
- You will receive an OTP on your mobile number and email id for verification.
- After verifying your mobile and email, a username and password will be sent to your registered email id. Log in with these credentials.
- After you log in to your account, select ‘Apply IEC’
- Next, click on ‘Start Fresh Application’
- Fill all details asked and upload required documents
- After submitting the application, pay the application fee of INR 500.
- Post payment approval, you will receive the IEC certificate in your registered email.
After you get the IEC code, you can engage in exporting and importing businesses.
Documents Required for Import Export Code
- Current account details
- PAN card
- Bankers Certificate
- Two copies of passport size photographs
- A self-addressed envelope for delivery of IEC certificate by registered post
Basic
₹3145
10% Off
- Filing of Application
- Govt Fee
- GST Registration
- LUT Registration
- Trademark Registration (a)
- Completion date: 10-10-2024
Standard
₹5845
10% Off
- Filing of Application
- Govt Fee
- GST Registration
- LUT Registration
- Trademark Registration (a)
- Completion date: 10-10-2024
