IEC - IMPORT EXPORT CODE number is mandatory to enter into the
world of foreign trade either export or import.
IEC is a unique number given to an importer/exporter by the concerned
authority.
One person/firm / company is eligible for one IEC number only. Anyone,
except, minor, lunatic, blacklisted may apply for obtaining the IEC
number.
One has to apply before the concerned JDGFT for obtaining an IEC number
for Export/ Import.
The requisites to apply for the IEC number are as follows:
- Application Form NO. ANF2A, duly filled, in duplicate.
- Bank Certificate with attested photo, as per Appendix 18A of Form
- Two passport size photographs of the applicant
- Copy of pan card number
- Draft of Rs.250/- favoring concerned JDGFT
- Self addressed envelope duly stamped with rs.30/-stamp
- In case the applicant is a partnership firm, apart from above
requisites following is also required
- Self attested copy of partnership deed
- An authority in favor of partner to act on behalf of the firm
for obtaining IEC is also required
- In case the applicant is a company, apart from above requisites
following is also required
- Memorandum of articles of association
- Details of directors at the time of applying for IEC number
- Resolution in favor of a director to act on behalf of the
company for obtaining IEC number
We are consultants and render our services to assist the applicant
with regard to obtaining IEC number, revalidation of existing IEC
number, modification in IEC with regard to any change in the address,
partners, directors, as the case may be.
EPCG (Export Promotion Capital Goods) LICENSE
- ZERO DUTY EPCG ; With this scheme an exporter is allowed to
import New Capital goods (CKD/SKD) including computer software
systems at zero Customs duty subject to an export obligation
equivalent to 6 times of duty saved on capital goods Imported under
the scheme, to be fulfilled over a period of 6 years reckoned from
date of issue of License.
- CONCESSIONAL 3% DUTY EPCG SHCEME : With this scheme an exporter
is allowed to import New Capital goods (CKD/SKD) including computer
software systems at 3% Customs duty subject to an export obligation
equivalent to 8 times of duty saved on capital goods Imported under
the scheme, to be fulfilled over a period of 8 years reckoned from
date of issue of License.