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Get License shares complete details on IEC code Registration Fee and where to Apply! For those who wish to Register for an IEC Code this will certainly help. Click on video to play..
IEC code Registration Fee
IEC code number registration fee is worth Rs.250.00
It can be paid via EFT (Electronic Fund Transfer), when submitting IEC Online Application form.
Have questions regarding IEC Code Registration?
Get your queries answered by seasoned experts. Hiring an experienced IEC Consultant can help you save time and efforts and get an IEC Code Registration without a hassle in stipulated time period. Here is the List of TOP 5 IEC Consultants in India:
Don’t fall into Free Consultation Trap. Some ask you to add a 5 star review to their fake business listing to make it look legit. Refuse. It will harm others.
Don’t trust blindly. Read Business Reviews from others. Seek References – real people with phone numbers. Call them, seek their opinion.
Find out if they have an office. Visit their office, meet in person, check credentials before making a decision.
Find out if the consultancy business is registered. Make sure, their business is legitimate! If not registered, walk away, period.
Avoid, random, work from home, smooth talking, self proclaimed honest story weaver consultants selling licenses for lowest prices!
Take your time. Compare a number of consultants before you make a decision.
Don’t make payment till you get your license. Have it all checked, be double sure before you make the payment.
If you are contemplating applying for Import Export IEC Code Registration, you can discover comprehensive information on the eligibility criteria, validity, guidelines, fees, required documents for registration, and the registration process here. Should you need any assistance or guidance throughout the IEC Code application, you have the option to consult with reliable IEC Code Consultants listed on this platform. These consultants can assist you in obtaining IEC Code Registration at a reasonable and competitive price.
What is an IEC Code?
To import or export in India, IEC Code is mandatory. No person or entity shall make any Import or Export without IEC Code Number, unless specifically exempted.
An Importer -Exporter Code (IEC) is a key business identification number which mandatory for export from India or Import to India. No export or import shall be made by any person without obtaining an IEC unless specifically exempted. For services exports however, IEC shall be not be necessary except when the service provider is taking benefits under the Foreign Trade Policy.
Consequent upon introduction of GST, IEC being issued is the same as the PAN of the firm. However, the IEC will still be separately issued by DGFT based on an application. The nature of the firm obtaining an IEC may be any of the follows- Proprietorship, Partnership, LLP, Limited Company, Trust, HUF, Society.
What is IEC Code for?
IEC (Import Export Code) is required by anyone who is looking to kick-start his/her import/export business in the country. It is issued by the DGFT (Director General of Foreign Trade). IEC is a 10-digit code which has lifetime validity. If import or export is made for personal use or is made by government department then no IEC is required.
Who can get IEC Code?
IEC may be applied on behalf of a firm which may be a Proprietorship, Partnership, LLP, Limited Company, Trust, HUF, Society. Firm must have a PAN, bank account in the name of the firm and a valid address before applying. Address may be physically verified by the DGFT on issuance of the IEC. Please keep your PAN, bank details and firm details ready before applying.
Documents required for IEC Code Registration
Individual’s or Firm’s or Company’s copy of PAN Card.
Individual’s voter id or Aadhar card or passport copy.
Individual’s or company’s or firm’s cancel cheque copy of current bank account.
Copy of Rent Agreement or Electricity Bill Copy of the premise.
What is IEC Code Registration Fees?
As per the latest notification, IEC code Application fees is Rs 500/- which can be paid online through e-wallets/Net Banking/Credit or Debit Cards. Therefore the Government Fees or Official fees to get IEC Code in India is Rs. 500/-.
You have to file an application in Aayaat Niryaat Form 2A (ANF 2A) format to the Regional Authority of the DGFT in whose jurisdiction your registered office is situated.
It is fairly easy to obtain IEC code from the DGFT within a period of 10 to 15 days after submitting the application. There isn’t any need to provide proof of any export or import for getting IEC code.
Get professional help
Hiring an experienced IEC Consultant can help you save time and efforts and get an IEC Code Registration without a hassle in stipulated time period. Here is the list of some of the best IEC consultants in India who you can contact for registering your IEC Code application.
Why is it important to connect with the right consultants?
A knowledgeable and professional consultant has years of experience procuring license, registration process, preparing documents, using proper formats, avoiding common errors and supporting clients and this expertise can certainly help your business. Get License connects you with BEST consultants who know what they are doing and do it well. They deliver results. Period.
FAQs related to Import Export IEC Code Registration in India
q: What is IEC Code, and why is it necessary?
a: The Importer Exporter Code (IEC) is a unique 10-digit code issued by the Directorate General of Foreign Trade (DGFT) in India. It is essential for businesses engaged in import or export activities.
q: Who needs to obtain an IEC Code?
a: Any individual or entity involved in the import or export of goods and services from India is required to obtain an IEC Code.
q: Is IEC Code mandatory for all types of imports and exports?
a: Yes, IEC Code is mandatory for all types of imports and exports, except for goods and services that are exempted.
q: How long is the validity period of an IEC Code?
a: The IEC Code has a lifetime validity and does not require renewal.
q: Can an individual apply for an IEC Code?
a: Yes, both individuals and businesses can apply for an IEC Code.
q: What documents are required for IEC Code Registration?
a: Essential documents include PAN card, Aadhaar card, canceled cheque, and address proof of the business entity.
q: Can IEC Code be modified or updated after issuance?
a: Yes, changes to the IEC Code details can be made through the online portal of the DGFT.
q: Is there any fee associated with obtaining an IEC Code?
a: Yes, a nominal fee is charged for the issuance of an IEC Code, and the amount may vary based on the category of the applicant.
q: How long does it take to process an IEC Code application?
a: The processing time for IEC Code applications is relatively quick, and the code is usually issued within a few working days.
q: Can an existing IEC Code be surrendered or canceled?
a: Yes, an existing IEC Code can be surrendered or canceled by submitting the required application to the DGFT.
Providing the right information, latest updates, helping with documentation and paperwork, applying for the license and getting it ensures customer satisfaction. Here are some reviews that underline the commitment and professionalism of these Consultants..
How to Find the Right Consultant?
Don’t fall into Free Consultation Trap. Some ask you to add a 5 star review to their fake business listing to make it look legit. Refuse. It will harm others.
Don’t trust blindly. Read Business Reviews from others. Seek References – real people with phone numbers. Call them, seek their opinion.
Find out if they have an office. Visit their office, meet in person, check credentials before making a decision.
Find out if the consultancy business is registered. Make sure, their business is legitimate! If not registered, walk away, period.
Avoid, random, work from home, smooth talking, self proclaimed honest story weaver consultants selling licenses for lowest prices!
Take your time. Compare a number of consultants before you make a decision.
Don’t make payment till you get your license. Have it all checked, be double sure before you make the payment.
Is it absolutely necessary to find a consultant to get a license?
No, you will find all the relevant information on this website to apply for the license on your own. Of course, it will take some effort and time to go through it, but it will save you good amount of money and also make you smarter. Remember – consultants are people like us. You can do, what they can do. Just go through the information given and apply online. It is not at all difficult.
