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| Import - Export Code : | ||
| What Is Import Export Code ? |  |
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| The Importer Exporter Code, or IEC in short, is normally required by manufacturers and companies for international trade but with this new RBI ruling, the hundreds and thousands of freelancers, programmers, web designers and small companies who depend on PayPal for foreign payment will also have to apply for an IE code. | ||
| What Are The Benefits Of Import Export Code To Business? | ||
| Import Export code is Mandatory for the Person who is importing the Goods, Exporting the Goods, Importing the Services and Exporting the Services. IEC is also required for remittance of money to a foreign country for any Import. Your Banker will not remit money to a foreign entity without an IEC Code. Import Export Code is the Most Authoritative document on India Foreign Trade Rules, Regulations and Policies. IEC Code is the 10 Digit Unique Code issued by the Director General of Foreign Trade (DGFT) to The Person who wants to do Import or Export transaction. Global Tax Konsultants is providing Service related to IEC Registration. | ||
| On the Basis of IEC Code the Person (i.e. Company) can obtain various benefits on their Import or Export | ||
| 1) An IEC number allotted to an applicant will be valid for all its Branches/Divisions/Units/Factories as indicated in the format of IEC given. 2) No export or import can be made by any person/company without an Importer Exporter Code / IEC Code Number unless specifically exempted. 3) If an IEC holder does not wish to operate the allotted IEC number, he may surrender the same by informing the issuing authority.. 4) IEC Number Lost/Import Export Code Number is lost or mis-placed, the issuing authority may consider requests for grant of a duplicate copy of IEC number, if accompanied by an affidavit |
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| For Any Kind Of Assistance Feel To Call Us At 9266227760 Or send your query at info@Gktax.com | ||
