The import-export code is a registration code for import-export businesses that are registered with the Indian Customs Department and specialize in the import and export of commodities. The IE Code in Goa is issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, Government of India.
To get the Import Export Code in Goa, apply to the Directorate General of Foreign Trade, along with the appropriate documents. Following application, the DGFT will issue the entity's IE Code within 15-20 working days. Once you have obtained an IE Code, it is valid for a lifetime and does not need to be renewed. The IEC Registration in Goa is valid till the date the business exists.
Once issued, the IE Code Registration can be used by the entity indefinitely and does not require renewal or filing like GST and PF registrations. As a result, it is suggested that most firms that import or export goods and services from India obtain an IE code. Most importers and merchants cannot import items without an IEC code, and exporters cannot profit from the DGFT Department's export scheme, among other things.
Thus, to get IEC registration in Goa, you can apply in the Aayat Niryat Form 2A format with the DGFT's regional authority. This form can only be submitted through Professional Utilities. Professional Utilities, an online portal that has assisted thousands of consumers in obtaining IE codes in Goa. Our incorporation professionals will take you through the process to get an Import-Export License in Goa quickly and affordably.
IEC Certificate [Sample]
Table of Content
IEC Registration in Goa is an imperative procedure that needs to be followed by an individual or enterprise willing to engage in cross-border trade activity. IEC is a 10-digit unique code issued by the Directorate General of Foreign Trade (DGFT) that permits the import or export of goods and services to and from India.
In other words, for companies operating in Goa, an IEC is mandatory for customs clearance, receiving foreign payments, exporting services, and accessing benefits under the Foreign Trade Policy. Once the IEC is generated, traders can also register their AD Code on the ICEGATE portal to activate port-based export and import operations.
IEC Registration in Goa provides key benefits that support smooth and legal import-export operations.
Following documents are required for IEC registration in Goa:
The step-by-step procedure of online IEC registration in Goa are as follows:
Register your import and export business with Professional Utilities to get your IEC Certificate . You get the free consultations and quick service at lowest Price with us.
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IEC registration fees in Goa cover basic government charges and service costs for a smooth application process.
| IEC Registration in Goa | Fees |
|---|---|
| Government Fees | 500 |
| Professional Fees | 999 |
| Total | ₹1,499 only |
Note: The aforementioned Fees is exclusive of GST.
Unlike other government licenses, The Import Export Code was not required to be renewed and was valid for a lifetime. However, after the amendments in the Import Export code related provisions under chapter 1 and Chapter 2 of Foreign Trade Policy on 12th February 2021, the IEC code has now to be renewed every year
This amendment made the renewal of Import Export Code details mandatory for every IEC and e-EIC holder. Even if there are no updates in IEC, the same has to be confirmed online on the DGFT portal. Failing to do so may result in the deactivation of your Import Export code.
However, it is typically suggested for every individual or business that plans to engage in either the export or import of goods or both, to obtain an ICE license. Thus, there are various situations where IEC registration is mandatory. These are:
The complications in understanding the process and providing appropriate documents are very much hectic. There is a high chance of rejection of the application at each step of document uploading. There are different standards of Digital Signature certificates (DSC) that must be uploaded.
We at Professional Utilities understand completely. That’s why we come forward to help you avoid the hassle and get your Import Export Code done at the minimum price guaranteed. So that you can focus on what you do the best…..Your Business.
You can apply for IEC registration in just three simple steps with us.
Step 1:
Get in touch via call or contact form
Step 2:
Provide necessary documents
Step 3:
Get your IEC registered in 2 working days
Hence, it’s clear that every individual who wants to extend their company internationally must engage in export-import deals. The registration process has been simplified and made available online in order to simplify completion and compliance with required procedures. While applying for and receiving an IEC number can qualify an individual or organization for a range of government programs, failing to obtain one can result in large fines and penalties in Goa. However, it is always important to get advice from reputable experts with extensive professional experience in the subject, and you may start with us.
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You can apply for Import Export Code by following these steps
Documents required for Import Export Code registration are as follows :
There is no need to incorporate GST details in the IEC code registration.
Yes, Any individual proprietor who is willing to start international trade is eligible for obtaining the Import/Export Code.