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Import export somewhat is IEC? IEC Code is unique 10-digit code issued by DEFT Director General of Foreign Trade, Ministry of Commerce, Government of India to Indian Companies and Individuals to enable
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How to fill out iec code is unique

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How to fill out IEC code is unique?

01
Visit the official website of the Directorate General of Foreign Trade (DGFT).
02
Go to the "Apply IEC" section and click on "Online IEC Application" to start the process.
03
Fill in the required information, such as personal details, business information, Bank details, and upload supporting documents.
04
Pay the prescribed fee through the online payment gateway.
05
Review the entered details and submit the application.
06
After submission, a unique Application Reference Number (ARN) will be generated.
07
Keep the ARN and payment receipt safe for future reference.
08
The application will be processed by the DGFT, and if everything is in order, the IEC code will be issued within a specific timeframe.

Who needs IEC code is unique?

01
Importers: Individuals or businesses involved in importing goods into India need an IEC code. It is mandatory for customs clearance purposes.
02
Exporters: Indian businesses exporting goods or services require an IEC code to comply with the Export Promotion Councils or other export promotion schemes.
03
Manufacturers: Entities engaged in manufacturing goods for export or import may need an IEC code to establish their presence in the international market.
04
Service Providers: Service providers offering services internationally, such as IT services, consultancy, or professional services, may require an IEC code for smooth business operations.
05
Individuals or Proprietors: Even individuals or sole proprietors involved in importing or exporting goods for personal or business use may need an IEC code to comply with customs requirements.
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IEC code is a 10-digit code issued by the Directorate General of Foreign Trade (DGFT) which is unique to each importer or exporter.
Any person or business entity that wants to import or export goods or services from India is required to file for an IEC code.
To fill out an IEC code application, the applicant needs to provide details such as PAN card, Aadhaar card, bank account details, and business information.
The purpose of an IEC code is to facilitate international trade and enable businesses to import or export goods and services from India.
The information reported on an IEC code application includes details of the importer or exporter, nature of business, bank account details, and supporting documents.
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