Import Export Code Registration in Bangalore
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IEC Import Export Code Registration in Bangalore
IEC (Import Export Code) license is necessary for entrepreneurs who want to take their products and services overseas. It is necessary to get Import/Export code license to import or export goods to other countries for commercial purposes. IEC code is a 10-digit number issued to businessmen who want to earn huge profits and take their business to a different level.
The main authority that issues the IEC code license is the Directorate General of Foreign Trade. This license is issued under the supervision of the Ministry of Commerce and Industries. It boosts the scope of every business to expand and grow in different markets.
Entrepreneurs with Import Export certificate can introduce a variety of new items in foreign markets. They can also take benefits of various Government schemes to increase exports and imports.
Additionally, the IEC code certificate gives a separate image to your export or import business. It also helps you to earn huge profits in the international market. This license helps to gain certain rewards on various goods and services at a fixed rate decided by Government.
Process of Import Export Code license in Bangalore
Purchase Plan
Firstly, you have to choose the purchase plan for Import Export License that suits your business.
Document Submission and Verification
The next step is to submit your ID proofs and other valid documents. Our documents will start with paperwork after getting all the papers and documents.
Filing Application
After examination of every document, our professionals will file those documents with higher authorities. We will also resolve the queries raised by these authorities.
Import Export License Issued
As soon as authorities approve the application, you will get the license at your address.
Advantages of IEC Registration in Bangalore
Benefit of Different Schemes
Businesses with Import Export License in Bangalore can incentives under various schemes. The Indian government has introduced many schemes for import and export businesses.
Increases Business Scope in Foreign Markets
After getting an IEC code license, many import and export businesses will get an opportunity to introduce their products in international markets. They can also form long-term relationships with other entrepreneurs of the world.
No Need for Compliance
While other licenses need compliances, Import Export License certification in Bangalore does not need any compliance. You do not need to register or file annual returns to receive an IEC code license.
Improves Goodwill of the Business
IEC code license will maintain the goodwill of the company in the national and international market.
Documents Required for Import Export Code license in Bangalore
- For individuals
- ID and address proof of the applicant
- Passport size photograph
- Address proof of the business place
- Canceled cheque
- For Partnership Firm/LLP
- ID proof and Address proof of partners
- Passport size photos of partners
- Address proof of the business place
- PAN card of firm
- Partnership deed
- Incorporation certificate in case of LLP firm
- Canceled cheque
- For a Company
- ID proof and address proof of directors
- Passport size photograph of directors
- PAN card of directors
- Address proof of the business place
- MOA and AOA
- Canceled cheque
- Incorporation certificate
Why Choose ExpertBells for IEC registration in Bangalore?
Some of the best reasons to choose us for IEC registration in Agra:
Easy to get Import export license and GST certification online.
100% Paperless work
ExpertBells professional team can help you to get all the necessary documents in filing of import export code.
You can also avail our top notch services for IEC registration in Agra, IEC registration in Jaipur, IEC registration in Mumbai, IEC registration in Chennai, IEC registration in Pune, and IEC Registration in India
Packages for IE Code Registration in Bangalore
Basic
What's included
- Import Export Code License
- Expert Consultancy
Basic
What's included
- Import Export Code License
- GST Registration
- Expert Consultancy
Basic
What's included
- Import Export Code License
- GST Registration
- Udyam Registration
- Expert Consultancy
FAQs About Import Export Code
Do I have to take the IEC code for export business even if I have GST?
Yes, IEC and GST are two different things. You must get an IEC code license even if you have GST to export your goods to foreign countries.
Can I get 2 IEC codes against a single PAN card?
No, you can get only 1 IEC code against one PAN card.
Is their is any penalty for not having a Import Export Code?
NO, Their is no such penalty for not having a IEC code. But without IEC license you are not eligilble to export or import od goods.
Validity of IEC Code?
As per the notification 12 feb 2021, IEC code is now valid for 1 year. You need to renew your IEC license every year.