Business & Finance

How to Get IEC Code (Import Export Code) & How to Apply for It

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IEC code the Import Export Code or Importer Exporter Code which is tended to by a 10 digit number given by DGFT (Director General of Foreign Trade), Department of Commerce, Government of India. 

 

Gaining this code is mandatory for bonafide associations or individuals who need to start a business of import and ware in an Indian locale.

 

 For example, accepting you are conveying a handloom from India to the United States, you will not have the choice to do as such without an IEC grant.

 

Procuring an IEC requires the fulfillment of explicit conditions and adherence to unequivocal rules. DGFT has a couple of regional working environments generally through India, and it is achievable to get IEC from the nearest zonal or common office.

 

Ahead of time, the cycle was fairly extended drawn, and people who expected to apply for an IEC code online expected to introduce an electronic mark which incited tremendous confusion. To avoid this, the DGFT (Director General of Foreign Trade) has made changes during the time spent applying for IEC. Basic changes include:

 

The PAN is presently the IEC code. Thusly, a trader can get only a solitary IEC code got against one PAN.

Customized PAN check is engaged for the straightforwardness of business.

No mechanized imprint will be normal for fixing off the IEC structure.

The different advances drew in with applying and acquiring Import Export Code (IEC) include:

 

Pre-Requisites

Application structure for IEC is as of now available on the web

An application should be made in structure no. ANF 2A

A record and PAN (a dependable record number) and a significant adaptable number are mandatory fundamentals for applying for an IEC.

 

Parts A, B, and D of an IEC application structure are expected to have been filled in and submitted for getting another code

Reports Required

A dropped check communicates the contender’s printed name or bank confirmation.

Affirmation of address. You can fuse any of the going with as affirmation of address:

Bargain Deed

Rent course of action

Lease Deed

Power bill

Telephone Landline bill

Compact Postpaid bill

MOU Partnership Deed

Aadhar Card | Passport | Voter Id

[If the area proof isn’t for the up-and-comer firm, a No Objection Certificate(NOC) by the firm premises owner for the firm close by the area confirmation is to be submitted as a singular PDF document]

 

To assist with fixing off the application structure for IEC, every commonplace and zonal office has a PRO. The filling of utilization disengaged or online is simple as rules are clear and undoubtedly.

Archives expected for IEC enrollment of Trust

 Computerized Photograph (3x3cms) of the signatory candidate/Secretary or Chief Executive.

 

 Duplicate of Passport (first and last page)/Voter’s I-Card/UID (Aadhar Card)/Driving License/PAN (any of these) of the Secretary or Chief Executive/Managing Trustee marking the application.

 

 Deal deed on the off chance that business premise is self-claimed; or Rental/Lease Agreement, if there should arise an occurrence of office is leased/rented; or most recent power/phone bill.

 

Also, read: ISO registration

 Enlistment Certificate of the Society/Copy of the Trust Deed.

 

Bank Certificate according to ANF 2A(I)/Cancelled Check bearing preprinted name of the Registered Society or Trust and A/C No.

 

Archives expected for IEC enrollment of HUF

Computerized Photograph (3x3cms) of the Karta.

 

Duplicate of PAN card of the Karta.

 

Duplicate of Passport (first and last page)/Voter’s I-Card/UID (Aadhar card)/Driving License (any of these) of the Karta.

 

Deal deed in the event that business premise is self-claimed or Rental/Lease Agreement, in the event that the workplace is leased/rented or most recent power/phone bill.

 

Bank Certificate according to ANF 2A(I)/Cancelled Check bearing pre-printed name of the candidate and A/C No.

 

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