IEC Registration in Bangalore
IEC registration in Bangalore is required for the person who is seeking for import and export business. Smartauditor expands their services in Devanahalli, Sarjapur, Whitefields, Bommanahalli, Chikbellapur and Marathahalli. IEC is a 10 digit code that has lifetime validity. When IEC is obtained for a business, it implies that the business is expanding in its own way by its products or the services that has been established in global market. Further for obtaining the EEPC and AEPC the IEC registration is important. IEC does not need to follow any process so as to sustain its validity and hence the processing is also very easy and hassle free.
Import Export code in Bangalore is done quickly within 10 to 15 days of the application. As we mentioned earlier that it has the lifetime validity there is no need of renewal. Many advantages of fare supports are provided by the government. There is no hassle for updating the IEC and for the import or export of the personal products, IEC does not require since they are not connected with the agriculture or manufacture. The transaction and shipments which are done with the help of IEC number does not need to be reproduced anywhere as opposed to tax returns. For those who wish to send money to the foreign countries through banks, then the bank needs the IEC. When the importer has to clear the shipments from the customs, the custom authorities need IEC. When the exporter needs to send the shipments, IEC is needed by the customs port. When an exporter receives money in foreign country into the bank then IEC is required.
Documents required for IEC registration
- Bank certificate in the prescribed form of ANF-2A.
- Cancelled Cheque
- Address proof like electricity bill, Voter ID card, passport
- PAN card
- Sale deed
- If the location is on rent then rental agreement or NOC should be provided.
- Bank certificate as per ANF 2A
- The certificate of incorporation issued by ROC is needed if it’s a firm
Steps involved in IEC registration
- Visit DGFT website
- Go to the services tab
- Enter the PAN number
- Enter the details
- One time password verification process
- Add the branch details
- Upload the documents
- Pay the fees
- Preview and print the application
- Then submit.