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Import Export License in Jaipur To carry out Import Export activities in India.docx

Import Export License in Jaipur To carry out Import Export activities in India, IEC Registration is mandatory. IEC is issued by the Directorate

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Import Export License in Jaipur To carry out Import Export activities in India.docx

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  1. Import Export License in Jaipur To carry out Import Export activities in India, IEC Registration is mandatory. IEC is issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industries. IEC registration is compulsory for Indian companies trading outside India. No business can perform foreign activities without having an Import export code license. An import-export license certificate is used to govern and manage overseas activities in India. The government of India also provides various benefits to the businesses having IEC Registration Online. It is a 10-digit code. Import-export code has been made compulsory by the Reserve Bank of India for all the traders while making any payment transactions. Import-export code registration is required to clear shipments of an exporter at the customs port. Import-Export Code is required when an exporter receives money in foreign currency directly into his bank account. It is important for all the parts of the Import-Export trade. After obtaining IEC, it continues for a lifetime. It does not have an expiry and requires no renewal. It serves as a lifetime document. IEC REVISION ONLINE PROCESS Proving documents This step will clear all your doubts about IEC Modification online. All you have to do is gather the necessary information and necessary documents for drafting the application. Application filing Your application will be provided within one working day, based on the documents and information, and will be sent to you for confirmation. After approval, they will proceed with the final submission of the application. IEC Revision Fee As a result, if the application is in process within 1 day, then no fee is applicable. However, the required IEC Code revision fee of Rs. 200 Features of IEC Registration Online

  2. No business can involve in foreign trade without having IEC Registration. IEC Registration is proof that an organization can indulge in foreign trade activities. After obtaining IEC, it continues for a lifetime. It does not have an expiry and requires no renewal. IEC is mandatory for import-export payment transfers. IEC is important for all the parts of Import Export trades. ● ● ● ● ●

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