Import Export License in Bihar– An IEC number gave to candidate will be substantial for every one of its divisions/units/industrial facilities/branches. IEC is substantial for lifetime and there is compelling reason need to reestablish something very similar. All organizations which are occupied with Import and Export of merchandise require enrolling Import Export Code.
Except if the substance holds IEC, it isn’t permitted to import or commodity merchandise/administrations into the unfamiliar market. Entering the global market and extending the extent of business is a key. With IEC, one can take their items or administrations to the worldwide market and grow business easily.
What is an Import Export Code?
Import Export Code (in short IEC Code) is a ten-digit number conceded by the Directorate General of Foreign Trade under the Ministry of Commerce and Industry, to any bonafide individual/organization for doing import/send out tasks.
Renewal of an IEC license
This has been as of late refreshed by the DGFT that each IEC holder will expect to guarantee that the subtleties of his/her Import Export code should be refreshed electronically consistently during April to June.
In any event, when there are no progressions during a year, similar should be affirmed web-based consistently
IEC Documents In Respect Of Individual/Proprietor/Partner/Director
Duplicate of PAN Card
Visa size photo
Duplicate of Aadhaar Card/Voter character card
Approval letter (if there should arise an occurrence of Partnership)
Authority from different Directors on letter head (if there should arise an occurrence of organization)
Duplicate of Partnership deed (in the event of Partnership)
Board Resolution/self statement (in the event of Company)
Phone Bill for the sake of the Individual (in the event of person)
Dropped check of person
Steps to Apply Import Export Code
One can record the IECapplication straightforwardly with the public authority. The cycle is long and requires 60 days to get finished:
Stage 1: Application Preparation In request to get code an application should be made in the Aayaat Niryaat Form 2A arrangement to the DGFT in that locale where the enrolled office of the organization is laid out. Government has likewise organized web based recording office for acquiring IEC CODE ONLINE.
Stage 2: Application Processing Details of the business and its owners, chiefs or accomplices, ledger subtleties and a bank declaration are the fundamental necessities of ANF 2A. Every one of the necessary reports for IEC should be submitted with ANF 2A. Computerized mark is expected on the ANF2A structure.
Stage 3: IEC charge installment once the application if complete, it ought to be documented with DGFT and an application expense should be paid to the public authority. IEC office might send back your application for remedy/change. You want to answer back to the DGFT in 15 days.
Stage 4: IE Code Issuance once the application is totally confirmed by the office, the Directorate General of Foreign Trade will apportion an IE Code for your business. This IE code comes in both delicate duplicate and printed copy. You get the softcopy by means of email and can begin the import send out exchange with this.
Situations where Import Export Code (EIC) isn’t required
As per the most recent roundabout gave by the public authority, IEC isn’t compulsory for all dealers who are enrolled under GST. In every single such case, the PAN of the dealer will be interpreted as new IEC code with the end goal of import and product.
Import Export Code (IEC) isn’t expected to be taken in the event that the merchandise traded or imported is for the individual purposes and isn’t utilized for any business reason.
Send out/Import done by the Government of India Departments and Ministries, Notified Charitable foundations need not need getting Import Export Code.
In the event that you are hoping to extend your market and go past nation lines and product/import, contact our specialists and know all customs you really want to traverse. You can benefit all administrations, for example, GST enrollment, business enlistment and so forth.
Frequenlty Asked Questions
Q. What amount of time is expected to require for IEC ?
Ordinary opportunity to enroll an Importer/Exporter Code in India is 10 working days time.
Q. Could Export/Import be made without Importer Exporter Code?
No. IEC structures an essential report for acknowledgment by Govt. of India as Exporter/Importer. Be that as it may, assuming worth of merchandise is exceptionally low, the concerned traditions official might allow first commodity (just a single time) by forcing corrective charges.
Q. Do I really want Digital Signature?
Advanced mark is utilized to approve online report accommodation. From first April, 2016, it is compulsory to approve the structure and different reports utilizing a computerized signature.