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Iec Certificate

By Author: VIPIN GARG
Total Articles: 1

IEC Certificate is necessary for someone for exportation products from India or importation products to India. IEC Certificate is 10 digit Pan based legal document which is issued by DGFT, Government of India and system generated IEC Certificate will be allotted on the same day. Applicant will receive the certificate on its mail.

IEC certificate has life time validity and no need to file any return. Therefore, it’s advised to most organizations to get IEC Code, even though they don’t want it at the instant.

Importers are’t allowed to proceed with out this certificate and exporters can’t take advantage of exports from DGFT, customs, Export Promotion Council, if they don’t have this certificate. IEC Certificate is additionally referred as IEC Code online , Import Export Number, Export License, Import Export License, Importer Exporter Code, Import License, Export Number Etc.

Importers need to specify the IEC Code should whereas clearing customs. Likewise, banks need the importers Import Export Code while sending funds outside India. For exporters, the Code must be mentioned while sending shipments. And banks require the exporters IEC Code while receiving funds from outside India.

IEC Certificate can be obtained through allindiafiling in Delhi NCR, Mumbai, Bengaluru, Chennai & all different Indian cities.

Benefit of IEC Certificate

1. Expansion of Business

IEC assists you in taking your services or product to the global market and grow your businesses.

2. Availing Several Benefits

The Companies could avail several benefits of their imports/ exports from the DGFT, Export Promotion Council, Customs, etc., on the basis of their IEC registration.

3. Easy Processing

It is fairly easy to obtain IEC code from the DGFT within a period of 10 to 15 days after submitting the application. There isn’t any need to provide a proof of any export or import for getting IEC code.

4. No need for renewal

IEC code is effective for the lifetime of an entity and requires no renewal. After it is obtained, it could be used by an entity against all export and import transactions.

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