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The Importer -Exporter Code (IEC) is a key business identification number which is mandatory for Exports or Imports. No person shall make any import or export except under an IEC Number granted by the DGFT.
What is Import Management System. DGFT through its power under the FTDR Act notifies various restrictions or quota or conditions on import of goods into India. These restrictions may require a licence or registration be applied for and approved prior to the given imports.
Sep 24, 2024 · IEC (Import Export Code) license is one of such prerequisites when you’re thinking of importing into or exporting from India. It is also known as Importer- Exporter Code. IEC (Import Export Code) is required by anyone who is looking to kick-start his/her import/export business in the country.
Advance Authorisation Scheme allows duty free import of inputs, which are physically incorporated in an export product. In addition to any inputs, packaging material, fuel, oil, catalyst which is consumed / utilized in the process of production of export product, is also be allowed.
You can check the status of export and import licences on the ICEGATE - e-commerce portal of the Central Board of Excise and Customs (CBEC). Exporters and importers may either enter their licence number or file name in the search space for checking the status.
Feb 17, 2024 · One of the key prerequisites is obtaining an import-export license. In this blog post, we will provide a comprehensive guide on where to get an import-export license in India.
Import Export Code Certificate – NEW Application Frequently Asked Questions Q1. What is the technical requirement for filing an IEC? • Valid Digital Signatures Token • Valid PAN • Valid Mobile Number and Email ID. • Valid Address Details of Branch Office • Valid Bank Account in the name of IEC Holder
