IEC registration in Bangalore is required by a person for exporting or importing goods. It is a 10 digit code which is issued by the Directorate General of Foreign Trade (DGFT). All businesses which are engaged in Import and Export of goods require registering Import Export Code in Bangalore.Import Expor code in Bangalore 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 IEC Code in Bangalore must be quoted by importers while clearing customs. Also, banks require the importers IEC Code while sending money abroad. For exporters, Import Export Code in Bangalore must be quoted while sending shipments. And banks require the exporters IE Code while receiving money from abroad. CAONWEB can help your business obtain IEC Code in Bangalore.
Individual or businesses who want to import or export goods and services from or to India must obtain IEC Code, one can IEC Code in Bangalore online and get their import export license in Bangalore or IE code in Bangalore.
Once an online application for IEC Code in Bangalore is submitted along with the documents required for import export code in Bangalore. DGFT reverts in 5-10 days.
If there is change in any detail such as the name of the applicant, address change or any such detail, you need to apply for the modification. It can be done online with the help of CAONWEB.
If you have taken IEC Certificate in Bangalore in new process e-IEC online in Bangalore, then you can download your certificate any time, you will have to login IEC portal for that. But if you had taken your IEC in a physical process, you have to re-apply for e-IEC with all the documents and DGFT will provide you a certificate in a new online format.
Once your online IEC registration in Bangalore is done and you receive your import export license in Bangalore , there is no additional compliance you need to make regarding it. Iec registration in Bangalore is a permission you take from Government to import or export.
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