IMPORT EXPORT CODE REGISTRATION IN ERODE @ Rs 1500

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Get IE code Registration in [email protected] Rs.1500/-. IEC means Import Export Code is the important factor for any business in the country without that, no exports or imports can be done inside or outside India. We at shoplegal provides IE Code registration in Erode IE code is same as that of the PAN provided by the regional office of the director general of foreign trade (DGFT). Bringing the products or services to the international markets in order to expand the business is an ultimate goal for each business person. When start to operate a business in an international level there are so many additional factors which must be taken into consideration. Those factors might be a great impact for success.

Obtaining IEC is the major role in clearing shipments from customs while importing/exporting the goods and also needed by the bank when the transaction is done in a bank account through foreign currency. IE code in Erode has been completely changed by the government in the past few years. The process has been made easy and paperless e-filing takes place in this type of registration process. There is no need to meet any government official and hence, there is no chance of problem of any sort. IEC is a permanent code so renewal is not required and it has a lifetime validity.

Advantages of obtaining IEC

NO renewal required :
IEC issued once need not be renewed, One can use the IE code issued till the existence of entity without any limitation in transactions such as Export or Import

Return filing not required :
IE Code obtained need not require any return to be filed like GST. Even the import or export of goods done with the IEC code, No need of filing return.

Individuals can obtain IE code:
Even individuals can obtain IE Code in their name. It is not mandatory to incorporate a new business entity to obtain IE code

Modification In IEC

If a Business entity wants to change any details in Import Export Code (IEC), Modification in IE code can be possible only after submitting necessary documents with required changes.

Documents Required For Iec

Proprietorship

  • Proprietor PAN
  • Cancelled cheque
  • Id proof
  • Address proof
  • Office Rent Agreement

Partnership

  • Firm PAN copy
  • Cancelled cheque
  • Id proof - Partners
  • Address proof
  • Office Rent Agreement

PVT Company

  • Company PAN
  • Cancelled cheque
  • Id proof - Directors
  • Address proof
  • Office Rent Agreement

LLP

  • Firm PAN
  • Cancelled cheque
  • Id proof - Partners
  • Address proof
  • Office Rent Agreement

FAQ on IECode Registration

  • Is IE Code (Import / export code) compulsory for import of goods?
    Yes, Obtaining IE code before Import or export of goods is mandatory.
  • Under what circumstances IEC is not required to be obtained?
    Goods are imported for personal use which are not connected with manufacture or trade.

    Goods are imported by Government ministry/ department.

  • Is IEC required for both Good and Services?

    Yes, IEC required for import and export of both good and services.

  • Is it possible to get more than one IE code for a single pan?
    No, it’s not possible to obtain more than one IE code for a single PAN.
  • Is there any renewal or return filing required for IEC?
    Import export code is a onetime license it’s valid for life time and there is no requirement to file return for IEC obtained.
  • What is ITC codes and How to find the respective ITC code for our product?
    ITC codes are known as Indian Trade Classification or HS Code was adopted in India for import-export operations. Indian Customs provide a Eight Digit ITC(HS) Codes which suits Indian trade requirements.
  • Is import through courier allowed?
    Import through a registered courier service is allowed, Even though importability of such item should be regulated in accordance with Foreign Trade Policy.
  • What is the procedure for import of goods along with the passenger baggage?

    Household goods and personal effects can be imported as part of passenger baggage as per limit, terms and conditions notified by Ministry of finance

    Samples of freely importable items under Foreign Trade Policy also be imported as part of baggae without any approval.

    Exporters coming from outside India are allowed to import patterns, drawings, labels, price tags, belts, buttons and other related items as part of their baggage without any authorization.

  • What are Restricted items in Import?

    Goods which are permitted only with the approval / license or permission are restricted goods.

  • Is there any penalty on not having an IE code?

    There is no penalty on not having an IE code but import and export is not possible without an IE code.

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