IEC articles

IEC Code License Mandatory For Export Service

INTRODUCTION An importer – exporter code (ice) is a key enterprise identification wide variety which compulsory for ship out from India or import to India. No commodity or import might be made by way of any character with out acquiring an ice besides if explicitly excluded. For administrations sends out in any case, ice will [&helli...

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Posted Under: DGFT |

India’s Pinnacle 10 Exports and Who Buys

With report exports inside the first seven months of 2021-22, India is well on route to fulfilling its goal of $400 billion in product exports. At the beginning of the financial year, a brutal second wave of Covid-19 changed into an excessive blow to the producing enterprise, supply chains, and the general fin...

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Posted Under: DGFT |

Import Export Code Online

IEC Registration Online IEC is an abbreviation of Importer Exporter Code. It is a 10 digit code same replication of your business PAN number. This will be issued by Director General of Foreign Trade (DGFT), Ministry of Commerce by online. To import or export of Goods or services in India, IEC certificate is a mandatory […]...

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Posted Under: DGFT |

Import Export Code (IEC)- Meaning, Benefits, Registration, FAQs

To successfully transact an import or export transaction, you need to follow specific rules and laws In India, Import Export Code (IEC) is one of the most important requirement for both import & export business. It is also called the Importer-Exporter Code. Let us know about the significance of IEC and how to obtain the IEC number. ...

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Posted Under: DGFT |

Made in India: Top 10 export products from India

In continuation of the double-digit export growth seen in February 2017, March 2017 saw significant growth at USD 29.232.05 million, compared to USD 22,911.74 million during March 2016. For the period April to March 2016-17, the cumulative export value was USD 2,74,645.10 millions (Rs 18,41.314.39 crore), compared with USD 2,62,290.11mill...

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Posted Under: DGFT |

Annual updation/modification of IEC is now mandatory

IEC(Import Export Code) is a mandatory identification document for carrying out any import/export activity in the Country. A business cannot make any import/export supply until and unless IEC has been obtained except under expressly provided exemptions. Earlier after making an application for IEC, a separate identification number used to ...

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Posted Under: DGFT | ,

How to Surrender an Import and Export Code?

How to Surrender an Import and Export Code? HOW TO SURRENDER AN IMPORT-EXPORT CODE LICENSE? In a rapidly changing world, the potential for export and import of services and goods has increased. No matter if you’re a partnership or a corporation it is possible of profiting from the sale of your top products abroad. The outbreak ha...

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Posted Under: DGFT |

Documents required for IEC (Import Export Code) Registration

For IEC Code Registration, the  following documents are required: -Individual’s or Firm’s or Company’s copy of PAN Card. -Individual’s voter id or Aadhar card or passport copy. -Individuals or companies or firms cancel cheque copies of current bank accounts. -Copy of Rent Agreement or Electricity Bill Copy of the premise. -A self...

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Posted Under: DGFT |

Importer-Exporter Code (IEC Code)

IMPORTER-EXPORTER CODE In today’s era, every business wants to expand their market globally to sustain in prevailing market competition. In order to expand their business beyond the domestic market, such businesses need to obtain Importer-Exporter License which is to be issued by Director General of Foreign Trade (DGFT). Importer-Export...

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Posted Under: DGFT |

Import Export In India- IEC, Tax & Licenses Registration

You will be very surprised to know that India is the 14th largest exporter of goods and services in the world. According to a recent report by the HSBC. India will be among the top 5 exporters by 2030. In last few years the Government of India is aggressively promoting the initiative of “Make in […]...

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Posted Under: DGFT |

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