Convenient registration under the Employees’ State Insurance (ESI) scheme of ESIC, is referred to as the ESI Registration. ESIC is acronym for Employees’ State Insurance Corporation.
Import Export Code Services in Purnea, Bihar
In this era of fierce competition, everyone wants to expand their business beyond the limits of the domestic market. However, doing business globally is not just a cup of tea for everyone. Before going global, you need to follow a number of procedures and laws and obtain separate registrations and licenses. IEC (Import Export Code) license is one such condition when you are looking to import or export from India. It is also known as the importer-exporter code. For registration assistance, you can contact Avyud Consultancy. We will help you to get ESIC Registration Code online without any hassle.
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Features of Import Export Code Services
Export Subsidies: On the basis of IEC, companies or firms can benefits and subsidies their exports/ imports from Directorate General of foreign Trade (DGFT), Customs and export promotion council.
No Return Filing: not require IE Code for filing of any return. Once, an IE Code is issued there are no further procedures required to maintain validity of the IE Code. albeit import or export transactions occur, there are no filings required to DGFT.
Business growth: Taking your services or products to the international market will enlarge your businesses. International Electrotechnical Commission (IEC) potentially you to sell products outside India
Lifetime validity: Once you are done with IE Code Registration and submit all the required documents, IE Code is issued for the lifetime of the entity and requires no renewal. So once an IE Code is obtained, it can be used by that entity for all its import or export transactions without any further hassles.
Individuals can have IE Code: Even individuals who are proprietors of a business can obtain IE Code in their name. It is not necessary to incorporate a business entity for obtaining IE Code.
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FAQs for Import Export Code Services
What is Importer Exporter Code (IEC)?
The first requirement before you start an import/ export business in India is to obtain an International Electrotechnical Commission (IEC). An IEC is necessary for import/export of goods. In case the import/export is of services or technology, IEC is required in only limited circumstances, when import/export is in ‘specified technologies’, i.e. services or technologies in which international trade is restricted by the Government of India as they pertain to national security, like: dealing in Nuclear Weapons, Automatic Guns, etc.
Why Import Export Code is Required?
Importer Exporter Code. Import Export (IE) Code is a registration required for persons importing or exporting goods and services from India. IE Code is issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industries, Government of India.
Documents In Respect Of Individual/ Proprietor/ Partner/ Director
- Copy of Aadhaar Card/ Voter identity card
- Copy of Partnership deed (In case of Partnership
- Authorization letter (In case of Partnership)
- Board Resolution/self declaration (In case of Company)
- Copy of PAN Card
- Passport size photograph
- Copy of Aadhaar Card/ Voter identity card
- Authorization letter (In case of Partnership)
- Authority from other Directors on letter head (In case of company)
- Copy of Partnership deed (In case of Partnership)
- Board Resolution/self declaration (In case of Company)
- Telephone Bill in the name of the Individual (In case of individual)
- Cancelled cheque of individual
IEC Documents in Respect of Entity
- Copy of PAN Card firm/company
- Copy of Property papers (If owned property)
- Copy of Rent agreement (If rented property)
- Landlord NOC (Format will be provided by us)
- Cancelled cheque of firm
- Electricity/ water bill (Business Place)
- Telephone Bill in the name of the business
- Copy of Service Tax returns (In case of Proprietorship)
- Certificate of incorporation (In case of company)
- Bank statement of firm/company
- AOA and MOA (In case of company)
- 1 letter head of company (In case of company)
Documents Required for Applying the IEC Code
- Covering Letter on Firm/ company’s letter head for issue of new IEC Code Number.
- Two copies of the application in prescribed format (Aayaat Niryaat Form ANF 2A ) must be submitted to the Regional Jt..DGFT Office.
- Each individual page of the application has to be signed by the applicant.
- Part D In respect to Declaration/ Undertaking has to be filled in and signed by the Applicant and has to be submitted along with the application.
- Rs 250.00 Bank Receipt (in duplicate)/Demand Draft evidencing payment of application fee in terms of Appendix 21B.
- Certificate from the Banker of the applicant firm in the format given in Appendix 18A.
- Self certified copy of PAN issuing letter or PAN (Permanent Account Number) Card issued by Income Tax Authority. Photocopy of PAN card has to be submitted along the application. If PAN card not issued to the applicant then a copy of PAN allotment letter from I.T. Department will also be accepted. Only one IEC would be issued against a single PAN number. Any proprietor can have only one IEC number and in case there are more than one IECs allotted to a proprietor, the same may be surrendered to the Regional Office for cancellation. Two IEC can not be issued against one PAN
- Two copies of passport size photographs of the applicant. The photograph pasted on the banker’s certificate must be attested by the banker with Seal and Signature of the applicant.
- The applicant shall furnish a self addressed envelope of 40 x 15 cm with postal stamp affixed on the envelope for all documents required to be sent by Speed Post. These documents may be kept secured in a file cov
Can individuals Obtain IEC?
Yes, individuals acting as business owners can obtain IEC registration. Individuals can use their company name or name to apply for IEC registration.
Our Other Services in Purnea, Bihar
MSME Registration
Micro, Small and Medium Enterprises (MSME) is mostly known as Ministry of Micro, Small & Medium Enterprises. MSME falls under micro, small & medium sized enterprises.
FSSAI Registration
FSSAI means food safety and security authority of India. It is the agency under the control of government of India and ministry of health and family affair.
