What are the compliances relating to IEC code?

What are the compliances relating to IEC code?

Foundation

Import send out permit or IEC code is designated under the remote Trade strategy (FTP). Under FTP, there is no prerequisite of any consistence for IEC. IEC is fundamentally the same as PAN card.

E.g. on the off chance that you have to pay duty or record ITR, at that point you should convey the PAN card, comparatively, on the off chance that you need to import or fare, at that point you should convey the IEC code.

Facilitate clarification

Import send out permit or IEC code does not have any recommended compliances. As such, there is no arrival or data should be petitioned for IEC enrollment like in different duties. Import trade code is the one time convention and no different customs are required. To be a qualified shipper or exporter, you simply need to apply for IEC enrollment and done.

No arrival, no data, nothing should be recorded with any administration expert.

Online enlistment process

The import send out enlistment is totally on the web and there are just four archives required for the IEC enrollment.


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