Register your import export business under Directorate General of Foreign Trade, Ministry of Commerce and Industry, Govt. of India. IEC expert of Online Legal India™ will file with the DGFT office on your behalf.
• Custom authorities need it to clear shipments during imports.
• The bank needs it to transfer the money when imports are made.
• Similarly during export the shipments the IEC is required.
• When exporter is supposed to receive money in foreign currency, IEC code is required to transfer the money to his account directly.
|IEC Registration Fees|
|Aayaat Niryaat Form Submit||Zero|
|Filing at DGFT||Zero|
|Professional Fees||Rs. 1499|
|Govt. Fees (Exclude)||Rs. 500|
|Rs. 1499 Only|
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