Check out, What Mrs. Shweta Sharama wants to say about the IEC Code.

1. What Is Importer -Exporter Code?
An #importer -#exporter Code (#iec ) is a unique identification number issued by the government to businesses in India that engage in international trade. It is used for tracking foreign trade transactions and is mandatory for both importing and exporting #goods and #services.

* It is an IEC IS 10-digit code Issued By #dgft
*Directorate General of Foreign Trade (DGFT)
*Requirement of import-export
*If you are importing any goods from another country, you need an IEC Code.
*If you are exporting anything from #india you need an IEC code.
*If you have to send money for your imported goods from another country, you need an IEC Code.
*If you are an exporter, then you want an IEC code for customs clearance.

Documents Required for IEC
Individual Aadhar Card or Company Directors' Aadhaar Card
#pancard or Certificate of incorporation
Company more
For partnership firm
partnership deed
#gst certificate is mandatory
Bank Details
Electricity Bill
Rent Agreement
NOC ( No Objection Certificate)
IMport-Export
you have to give the correct information
IEC Code Generated at the same time
The earlier Department takes 10 to 15 days.
IEC Code Issue For Lifetime
Government Fees ₹500-/

#iec #incometax #gst #jrcompliance #viral
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