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How to Apply For Import Export Code In India

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An import-export code is mandatory for all importers and exporters. An import-export code can be applied online through caonweb.com.  For import export codes in India, the quickest, simplest and cost-effective way is to go to caonweb.com- you simply submit documents by clicking on our service import export code online as required and we will get you your import export code.

Cost of import-export code in India is most reasonable at caonweb.com, import export code starting at INR  3,000/- is available with caonweb.com. So if You are planning to start import export business or if you want to modify any details of import-export code you can reach out to us on caonweb.com and click on import-export code online or just call us at +911204231116. CA On Web has vast experience and is one of the recognized service providers of import-export code. Doing import-export business without the import-export code is not possible.

An import-export code can be obtained anywhere in India with just one click through caonweb.com. Our team of experts will help you get your import export code. To know more about import-export code online reach out to caonweb.com. Price of import-export code will be communicated to Clients in advance and we have also quoted the price of same on our service portal which is inclusive of all taxes. Therefore there will be no hidden charges while you apply for import export code online anywhere in India. An import-export code is a certificate and it is valid for lifetime. You can also change or modify the details such as address etc on the import-export code. We provide registration as well as modification of import-export code online.

Summary: Import Export code which is mandatory for import-export business can be obtained with ease and it can be done online.

Apply import export code

How to apply for import export code

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IEC import export code being a mandatory certificate for any person who wants to start the business of import or export of goods or services, every person starting an import-export business will have to apply for import export code. Applying for Import export code with the best service provider in India is a hassle-free task. You can simply submit the documents as requested and get your import export code.

 

The import-export code in Delhi Mumbai Noida Bangalore or anywhere in India can be obtained with one click. Import Export code with the team of experts from caonweb will cost you the best available price in India which is starting INR 3K including all taxes.

You will find all the relevant information on the import-export code in India though caonweb. Know everything in detail about import export code through caonweb. You can ask free advice on import-export code through chat service available at caonweb.com during working hours or you could reach out through the mail or call anytime for import export code. If you want to change any details of the import-export code, this is for those who already have the import-export code, for changing details you can reach out to caonweb. Therefore for those who want to start import export business and for those who already have an import-export business, You can reach out to caonweb for applying import export code or for change in details of the import-export code.

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Import Export Code in India

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IEC registration is required by a person for exporting or importing goods. Obtaining import export code is compulsory for all those who are having an import-export business.  It is a 10 digit code which is issued by the (DGFT) Directorate General of Foreign Trade . All businesses which are engaged in Import and Export of goods require registering Import Export Code. IE code has lifetime validity. Importers are not allowed to proceed without this code and exporters can’t take benefit of exports from DGFT, customs, Export Promotion Council, if they don’t have this code.

The import-export code can be applied online through caonweb. For import export codes in India- you simply submit documents as required and we will get you your import export code at ease.

Cost of import-export code in India is most reasonable at caonweb, import export code starting at INR 3k is available with caonweb. Caonweb has vast experience and is one of the recognized service providers of import-export code. Doing import-export business without the import-export code is not possible. So if You are planning to start import export business or if you want to modify any details of import-export code you can reach out to us on caonweb.com or just call us at +911204231116.

Our team of experts will help you get your import export code. To know more about import-export code reach out to CAONWEB. An import-export code can be obtained anywhere in India with just one click through caonweb. Price of import-export code will be communicated to Clients in advance. Therefore there will be no hidden charges while you apply for import export code anywhere in India.

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Now PAN can be used as Importer Exporter Code with the introduction of GST: DGFT

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In a move that would improve ease of doing business in the country, Commerce Ministry has allowed using PAN as Importer Exporter Code (IEC) with the introduction of Goods & Services Tax (GST).

According to the Foreign Trade (Development &Regulation) Act, 1992, no person shall make any import or export except under an IEC number, granted by the Director General of Foreign Trade or the officer authorized by the Director General in this behalf.

Further, FTP, 2015-20 also lays down that IEC, a 10 digit number, is mandatory for undertaking any import export activities, while Para 2.08 of the HBP (2015-20) lays down the procedure to be followed for obtaining an IEC, which is PAN based.

As on date, PAN has one to one correlation with IEC.

With the implementation of the GST from July 1, 2017, GSTIN would be used for purposes of – credit now of IGST on the import of goods, and refund or rebate of IGST related to the export of goods.

Registration No. under GST, called GSTIN, is a 15-digit alpha numeric code with PAN pre fixed by State Code and suffixed by 3 digit details of business verticals of the PAN holder.

“As GSTIN will be used for the purposes mentioned, it thereby assumes importance as an identifier at the transaction level. In view of this, it has been decided that importer/exporter would need to declare only GSTIN (wherever registered with GSTN) at the time of import and export of goods the PAN level aggregation of data would automatically happen in the system,” DGFT said.

Since e obtaining GSTIN is not compulsory for all importers/exporters below a threshold limit of turnover, all exporters / importers may not register with GSTIN (barring compulsory registration in certain cases as provided in section 24 of the Central Goods and Services Tax Act, 2017 (12 of 2017) or in cases where either credit is claimed of IGST), therefore, GSTIN cannot become universal, as IEC is for import/export business.

Further, DGFT recognizes only the corporate entity (single identity) and not individual transactions.

As a measure of ease of doing business, it has been decided to keep the identity of an entity uniform across the Ministries/Departments. Henceforth (with the implementation of GST), PAN of an entity will be used for the purpose of IEC, i.e., IEC will be issued by DGFT with the difference that it will be alpha numeric (instead of 10 digits numeric at present) and will be same as PAN of an entity, said the DGFT.

For new applicants, with effect from the notified date, application for IEC will be made to DGFT and applicant’s PAN will be authorized as IEC.

For residuary categories under Para 2.07of HBP 2015-20, the IEC will be either UIN issued by GSTN and authorized by DGFT or any common number to be notified by DGFT.

Further, for the existing IEC holders, necessary changes in the system are being carried out by DGFT so that their PAN becomes their IEC.

DGFT system will undertake this migration and the existing IEC holders are not required to undertake any additional exercise in this regard, said DGFT.

IEC holders are required to quote their PAN (in place of existing IEC) in all their future documentation, with effect from notified date of GST.

The legacy data which is based on IEC would be converted into PAN based in due course of time, said DGFT.