Import export code

Import export code
IEC is a ten digit code issued by the director general of foreign trading and ministry of commerce and industry government of India
 To all the enterprises in India who deals/ involves to the import or export of goods and services

Need a identify proof

Pan card
Aadhar
Passport


Addresses proof


Bank certificate


Bank account that operates in the name of the applicants ( foreign accounts)


A fees of RS 250 need (online)


The physical copy containing all documents after filling online should be reach with in 15days from the online submission.


Exemption



  • Importer and export by central government or agencies or undertakings for defense purpose or other specified list under Foreign Trade.
  •  for personal use.

Persons having import export code can apply for and obtain RCMC registration. Registration-Cum-Membership Certificate (RCMC) is a certificate that validates an exporter dealing with products registered with an agency/ organization that are authorised by the Indian Government. The certificate is issued for five years by the Export Promotional Councils or commodity board in India.

IEC is a life time certificat
Documents to apply for IEC Co
  1. Covering Letter on your company's letter head for issue of new IEC Code Number.
  2. Two copies of the application in prescribed format must be submitted to your regional Jt.DGFT Office.
  3. Each individual page of the application has to be signed by the applicant.
  4. Part 1 & Part 4 has to be filled in by all applicants. In case of applications submitted electronically.
  5. No hard copies of Part 1 may be submitted. However in cases where applications are submitted otherwise, hard copy of Part 1has to be submitted.
  6. Only relevant portions of Part 2 need to be filled in.
  7. Rs 250.00 Bank Receipt (in duplicate)/Demand Draft/EFT details evidencing payment of application fee 
  8. Certificate from the Banker of the applicant firm 
  9. Self certified copy of PAN issuing letter or PAN (Permanent Account Number) Card issued by Income Tax Authority.
  10. Two copies of passport size photographs of the applicant duly attested by the Banker of the applicant.
  11. Self addresses envelope with Rs.25/- postal stamp for delivery of IEC certificate by registered post or challan/DD of Rs.100/- for speed post
It will take 15 to 20 working days to issue the certificate


Comments

  1. I am unable to read. Please either change the background color of the letters or change the color of the letters.

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  2. Thanks a lot. ��

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  3. Is it IEC or EIC?

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  4. Thanks for your reply. Govt. is Rs. 250 only. How much is the professional fee for this IEC?

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  5. It's differ some take 999
    Take 3999
    Take 2999
    So it's varies

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    Replies
    1. Thanks. Can you please tell me whether I have to disclose any land purchased during the year in the income tax return?

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    2. You have to give your purchase deed to your CA for deduction and cash calculation. And if your accounts are audited then you have to show the purchase details otherwise it nt necessary unless you sales the purchased land.

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    3. Actually I have purchased the land to sale in the near future only. I want to enter into real estate business. Can you please tell me what are the tax implications in real estate business?

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    4. It has a positive impact on real estate business

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    5. Sorry. I didn't get you.

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  6. Can you please tell me the tax implications on real estate business?

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    Replies
    1. Income tax wise ya GST
      In both cases there will be a good positive response

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    2. Can you please tell me one by one? I will be obliged.

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    3. Good Morning. Can you please tell me the income tax implications on real estate business. Thanks.

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    4. It's a good business you can do it

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  7. What is GST Annual Return?

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