If you wish to give your business a global reputation, you need to take your services and products to the international market. There are many people who prefer to do import or export business themselves that can be a tedious task for them. If a person does so, he or she might face various difficulties while completing legal procedures. Before you start your import or export, you must know the ways to do so that can help you to do business efficiently. The foremost requirement to import or export any product or service is Import Export code. So, one must know why IE code is required and when it is not required.
No need to have IEC Code when:
Step by step guide for application of Import Export Code in Delhi:
Documents that are to be submitted along with the application are as follows:
Benefits of obtaining an IE Code:
Once you are issued an IEC code, there is no need to renew it again and again. So, once a business receives the import export code, it can be used by that particular business for numerous transactions for the whole life.
IEC code is obtained from DGFT within the period of 12-15 days after filing and submitting an application. If your all documents required are valid, then you can be easily able to obtain IEC code as soon as possible.
Obtaining an IEC code does not mean that you need to file any returns. No matter how many import or export transactions you perform, once you have obtained IE code, there is no further need of any procedure to keep the validity of that code.
If you are running your business in Delhi and in a need to obtain import export code in Delhi, then LexOracle is here to help you in getting the IEC code in Delhi as quickly as possible.