Let's learn about IEC Code

 In this era of high competition, each and everyone needs to expand their company surpassing the limits of the domestic market. Still, doing business globally isn’t really easy or a cup of tea for everyone. In the situation of moving globally, you require to comply with certain procedures and laws in place and many different certifications and licenses. IEC code  (Import Export Code) license is one of the prerequisites while you’re imagining importing or exporting from India. It is also known as IEC Code for most people.





When IEC Code is needed? 

Let's talk about it one by one
  1. If an importer has to receive his shipments from the customs at this time, it’s required by the customs officials. 
  2. If an importer ships money through banks so it’s necessitated by the bank.
  3. If an exporter wanted to send his shipments then it’s demanded by the customs port for a smooth process. 
  4. If an exporter gets payment in foreign currency straight forward into his current/savings bank account so it’s required by the bank.

What Documents required for IEC (Import Export Code) Registration?

  1. Firm’s, Individual’s or Company’s copy of PAN Card. 
  2. Individual’s voter id or Aadhar card or passport photocopy.
  3. Individual’s or company’s or firm’s cancel check copies of current bank accounts in India. 
  4. Proof of Rent Agreement or Electricity Bill Copy of the basis.
  5. A self-addressed container for the performance of IEC certificate by registered post.

Benefits of IEC Code

  1. Development of Business
  2. Availing Several Advantages
  3. No Filing of returns
  4. Comfortable Processing
  5. No Requirement For renewal

    There are several other benefits of import export code and you  may contact us anytime to get it done for your company and we'll be ready to assist your anytime.  

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