Import Export Code
We at Softax believe in rendering high-quality
services not only confined to domestic business but
also for growing the business beyond local limits
in the overseas market. Before moving global, many
laws and procedures in place are essential to be
followed, and several registrations/licenses are
needed. Import Export Code (IEC) is one of such registration
which is mandatorily required for import and exports.
IEC is the prerequisite for the imports or exports
to and from India. The department issues IEC for
the lifetime and does not require any renewal. We are proud
to introduce ourselves as the best
consultants for IEC Code registration and import
export code application process in CG .
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What is Import Export Code (IEC)?
Import Export Code is a ten-digit identification
number which is issued by the Director-General of Foreign Trade
(DGFT), Department of Commerce, Government of India. Companies
and businesses must obtain this code to commence operations
in the territory of India. It is practically impossible to
conduct transactions of import and exports without this code.
There are specific regulations and processes which
are required to get fulfilled to get the Import Export Code.
You also need to adhere to particular rules. Once you fulfil
all the conditions, you can get the code from the DGFT offices.
DGFT has various regional offices in the country.
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Why is IEC required?
- For the clearance of the consignments by an importer from the customs
- For exporting the shipments by the exporters through the customs port
- For inward remittances in foreign exchange directly into the bank accounts
- For getting benefits on imports and exports from Customs, foreign trade policies (FTP) as regulated by DGFT, etc.
- Copy of PAN Card (For Individual / Firm / Company)
- Aadhaar Card / Passport / Voter ID (For proprietors)
- Proof of address of the firm. In case the proof is not in the name of the applicant firm, a NOC by the owner of the premises in favour of the firm along with the address proof is to be submitted in a single PDF document.
- Bank certificate / pre-printed cancelled cheque is mandatorily required
- Contact details: Mobile number and e-mail I'd of all individuals/directors/partners
- Any one of the following:
- Sale deed
- Rent agreement
- Lease Deed
- Electricity bill
- Telephone bill
- Mobile Postpaid bill
- Memorandum of Understanding (MOU)
- Partnership Deed