The New Blockchain and Crypto Laws Regulated in 2023 by The Govt. of India
02 Feb, 2023
The implementation of GST, the IEC issued is the same as the Firm's PAN. However, the IEC will continue to be issued independently by DGFT based on an application. This article delves into the process of creating an IE Code application in depth.
Any business wanting to start importing and exporting in India requires an IE Code. Without this IEC code, it is impossible to do export or import transactions. For this, you must complete the IEC registration process. Read the blog to know the process.
An IEC licence is one of the prerequisites when thinking about importing or exporting from India. Additionally known as Importer-Exporter Code. This 10-digit IEC code is issued by the Director General of Foreign Trade and is valid at all times.
When importing particular goods, it can be necessary to have a copy of an industrial licence. An industrial licence may be obtained to take advantage of an import advantage if an importer can guarantee it in accordance with government regulations.
The blog is about the Import-Export Codes and how it plays an important role in the functioning of an Import-Export Business. It helps understand the 5 easy ways in which an Import and export business can get their IEC Code registrations.
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