CA in Rohini for IEC Code
CA in Rohini for IEC Code
Introduction
Are you planning to start an import/export business? Getting an IEC (Import Export Code) is your first step. A CA in Rohini can simplify this process for you, ensuring a hassle-free experience. In this blog, we cover the documents required, charges, and the process of obtaining an IEC Code.
Documents Required for IEC Code
To apply for an IEC Code, you'll need the following documents:
- PAN Card of the applicant (Individual/Firm/Company)
- Passport-sized photograph of the applicant
- Copy of the applicant’s Aadhar Card/Voter ID/Passport
- Bank Certificate or a Cancelled Cheque of the current account
- Proof of address (Electricity bill, telephone bill, rent agreement, etc.)
Charges for IEC Code Services
The charges for obtaining an IEC Code may vary depending on the CA you consult. Typically, the cost includes government fees and professional fees charged by the CA. Here's a general overview:
Service | Charges |
---|---|
Government Fees | INR 500 |
Professional Fees (CA Charges) | INR 1500 - INR 5000 |
Process to Obtain IEC Code
Follow these simple steps to obtain your IEC Code:
- Consult a CA in Rohini for guidance and document verification.
- Submit the required documents to your CA.
- Your CA will file the online IEC application on the DGFT website.
- Pay the applicable fees.
- Receive the IEC Code via email within a few working days.
Benefits of Obtaining an IEC Code
- Enables businesses to expand their market globally.
- Facilitates hassle-free import/export transactions.
- Offers various government schemes and benefits for businesses.
- Helps in establishing a global presence and credibility.
Frequently Asked Questions (FAQs)
1. What is an IEC Code?
An IEC (Import Export Code) is a unique 10-digit code required for import and export activities in India.
2. Who requires an IEC Code?
Any individual or business looking to start import/export operations in India needs to obtain an IEC Code.
3. How long does it take to get an IEC Code?
Usually, it takes about 5-7 Hours to obtain an IEC Code after the application is submitted.
4. Can I modify my IEC Code details?
Yes, you can update or modify your IEC Code details by filing an amendment application with the DGFT.
5. Is IEC Code mandatory for all businesses?
IEC Code is mandatory for businesses involved in import/export. However, it is not required for personal use or non-commercial imports/exports.