Updated on August 10, 2024 11:25:59 AM
Import Export Code is a unique ten-digit code required to operate an import-export business in India. Without IEC code registration, you cannot import or export goods in Guntur. IEC is issued by the Directorate General of Foreign Trade (DGFT) to ease the Foreign trade in India.
Any importer/Exporter in Guntur who fails to show the IEC code, Their goods will not be allowed to pass the ports and will also result in incurring demurrage charges. In the worst case, their goods will be destroyed.
In this article, you will learn everything about IEC code registration, the documents required and the entire process of obtaining an IEC code in Guntur.
IEC Certificate [Sample]
IEC code is a 10-digit code issued by the Directorate General of Foreign Trade (DGFT) to ease the foreign trade in India.
Import Export Code registration in Guntur is mandatory for every import-export business. You are not allowed to import or export goods in Guntur without IEC code registration.
Following documents are required for IEC code registration in Guntur :
While an IEC code allows you to operate an import-export business in Guntur, It comes with some additional benefits. Let’s take a look at how obtaining an IEC code will help your import export business :
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.
Apply for IEC code NowYou can register for the Importer Exporter code offline as well as online. The online registration process is effortless, and you don’t need to go anywhere. The process is carried out in 5 steps :
The Directorate General of Foreign Trade(DGFT) is an online government portal where you can register for an import-export license. Your first step is to register on this portal.
The second step is the application phase, where all your documents are arranged and prepared for application. Refer to the documents required for better understanding.
An importer/exporter is required to file an online application in ANF 2A(i) and submit the required documents for verification. You also need to pay the government fees to complete the application process.
Once your application is submitted, it is sent to DGFT for verification. In case there is wrong or incomplete information, Your license will be canceled. So, make sure you provide the correct information.
Your IEC code will be issued after the approval by DGFT. In the case of the online application, you will get an e-IEC. Once approved by the competent authority, you will be notified through email or SMS that your e-EIC is available on the DGFT website.
IEC Registration cost(₹) in Guntur : | |
---|---|
Aayaat Niryaat Form 2A | NIL |
Filing at DGFT | NIL |
Government Fees | 500 |
Professional Fees | 999 |
Total – ₹1,499 only |
Note: The aforementioned Fees is exclusive of GST.
The Validity of an IEC code is 1 year. Unlike other government licenses, The Import Export Code was valid for a lifetime. However, after the amendments in Foreign Trade Policy on 12th February 2021, the import-export 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.
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 registered at the minimum price guaranteed. So that you can concentrate on running your business and leave the legal formalities to us.
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
At Professional Utilities, we leverage our industry knowledge and expertise to help businesses navigate complex regulations, minimize risks, and optimize operations for maximum efficiency and profitability.
An application and the required documents need to be filed to the Directorate General of Foreign Trade in Goa to acquire the Import Export Code. On submission of the application, the IE Code will be issued by the DGFT within 15 to 20 working days to the entity.
At professional Utilities, It takes 2 days for the complete procedure of obtaining an IEC code
You can update the Import Export Code by following these steps :
Documents required for Import Export Code registration in Guntur are as follows :
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