IEC CODE Stands for IMPORT EXPORT CODE NUMBER. It is a Firm/Individual Pan number after approval. No export or import shall be made by any person or company without an Import-Export Code (IEC CODE) number unless specifically exempted. PAN Card is mandatory to issue Import Export Code number to the applicant for trade outside India.
DOCUMENTS REQUIRED FOR IEC CODE ONLINE–
IN CASE OF PROPRIETORSHIP FIRM
IN CASE OF PARTNERSHIP FIRM
IN CASE OF COMPANY :
IEC Code Registration Letter having IEC Number ( Now Pan Number of Firm)
ADVANTAGE OF ONLINE IEC APPLICATION :
1. Fast Approval
2. Easy Process and less documents required.
3-7 DAYS to generate iec no. and IEC Code Certificate.
Q.1 Who requires IEC CODE?
Ans. Any person/ entity who is going to start a venture for International Trade.
Q.2 Is it mandatory to have IEC for Import/ Export Activities?
Ans. Yes it is mandatory for every Import/ Export Activities.
Q.3 Which is the form for the application of IEC ONLINE or OFFLINE?
Ans. ANF2A is the form for the application of IEC CODE NUMBER.
Q.4 Is PAN mandatory for IEC CODE REGISTRATION?
Ans. Yes it is mandatory. Self Certified Photocopy of PAN card has to be submitted
along with the application.
Q.5 Does there any need to show PAN Card for verification?
Ans. No generally it is not required but where PAN card details are not shown on INCOME TAX website then applicant may be requested to show original PAN card for verification.
Q.6 Whether more than one IEC CODE can be issued against one PAN?
Ans. No only one IEC would be issued against a single PAN number.
Q.7 If original IEC Certificate has been lost or misplaced, then how can I obtain duplicate copy of IEC Certificate?
Ans. You may submit a copy of duly filled application form along with application fee. Along with this an affidavit and FIR is also required for obtaining duplicate copy of IEC Certificate.
Q.8 Can anyone surrender IEC Number allotted?
Ans. Yes any IEC Holder may surrender IEC Number allotted by informing the issuing authority.
Q.9 Is there any tatkal scheme for IEC IMPORT LICENSE?
Ans. No there is no tatkal scheme for ONLINE IEC.
Q.10 Do I need to apply for IEC for all my branch offices/ division/ Units?
Ans. No, separate IEC is not required. One Importer Exporter Code Number issued will be applicable to all branch offices/ division/ Units.
Benefits of MSME Registration:
Collateral Free loans from banks...
Employees State Insurance (ESI) is a social insurance and self-financing scheme that protec...
Private Limited Companies is the most common and suitable form of entity for carrying out business in India....