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Learning All about IEC Registration along with Its Advantages

Every business engaged in the Import and Export of goods is needed to register for the code of Import and Export. Sign up for IEC registration in Gurgaon to start your import-export business. <br>

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Learning All about IEC Registration along with Its Advantages

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  1. Learning All about IEC Registration along with Its Advantages Tax Consultant

  2. Every business engaged in the Import and Export of goods is needed to register for the code of Import and Export. Sign up for IEC registration in Gurgaonto start your import-export business. Import Export Code is a ten-digit number permitted by the Directorate General of Foreign Trade (DGFT) under the Ministry of Commerce and Industry regarding any genuine person/organisation to carry out import/export.

  3. Individuals and organisations wanting to begin import/export require to obtain an IEC code. The IEC code regarding service export and import is a ten-digit code that has lifetime validity and is issued by the DGFT. You won’t be able to import or export anything if you don’t have an IEC code. About IEC

  4. Advantages of IEC Registration for Company Businesses are enabled by IEC to trade internationally without any difficulty. The following points will help you to understand the advantages of IEC for business- Upon seeking the advice of a tax consultant in Noida and registering for the Import Export code, the organisations can receive a lot of incentives for their imports/exports from the DGFT, Customs, Export Promotion Council and others. Import/Export code can assist you in expanding your businesses by bringing your services and products to a global market. The holder of an IEC doesn’t need to file returns. Also, there is no need to file any returns with the DGFT regarding any export transactions.

  5. Documents Required for IEC Registration • The list of scanned documents needed for IEC registration is as follows- • Scanned photograph copy of the applicant • Scanned copy of the Self-attested PAN Card of all partners/directors. • Scanned copy of the PAN Card of the entity in case of firm/company. • Scanned copy of the cancelled cheque/bank certificate of the entity or individual. (In case the IEC code application is to be done under the name of the individual).

  6. How to Obtain an Import/Export Code, Especially for Exporters and Importers? • An application must be filled out by you, like the ANF 2A and must be submitted to the DGFT. • In addition to the form, all your identification documents must be submitted. • After completing this, you will be required to send it to DGFT along with a DSC (Digital Signature Certificate) and pay the needed price to register for the Import/Export Code. • You will be sent a soft copy of the IEC by the government after your application has been approved.

  7. IEC registration in Gurgaon is vital for any company, as it will assist in the smooth functioning of the trade of import and Export globally. When exporting goods from India, IEC codes must be provided by all exporters. Conclusion

  8. Thankyou Company Adda info@companyadda.com 95-2487-2487

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