Import Export Code Registration in Coimbatore

 

If you are a business owner in Coimbatore, and you want to engage in the business of importing or exporting goods and services from India, you need to obtain an Import and Export Code (IEC) registration. IEC registration is mandatory for all businesses that engage in importing or exporting activities in India. In this article, we will discuss everything you need to know about IEC registration in Coimbatore.

 

What is IEC registration in Coimbatore?

IEC registration is a 10-digit code that is issued by the Directorate General of Foreign Trade (DGFT) under the Ministry of Commerce and Industry, Government of India. It is a unique identification number that is assigned to each business that engages in the business of importing or exporting goods and services from India.

 

Why is IEC registration important in Coimbatore?

IEC registration is important for the following reasons:

It is mandatory: As mentioned earlier, IEC registration is a mandatory requirement for businesses that want to engage in the business of importing or exporting goods and services from India.

It is a unique identification number: IEC is a unique identification number that is used to track the transactions of the business with the customs department.

It is required for availing benefits: Many benefits are available to businesses that have an IEC registration. For example, businesses with an IEC registration can avail of benefits under various schemes such as the Merchandise Export from India Scheme (MEIS) and the Service Export from India Scheme (SEIS).

 

How to obtain IEC registration in Coimbatore?

The process for obtaining IEC registration in Coimbatore is as follows:

 

Step 1: Go to the DGFT website and click on the “Online IEC Application” option.

Step 2: Fill out the online application form with all the required details such as the name of the business, address, contact details, bank account details, and PAN card details.

Step 3: Attach the required documents such as a copy of the Registration proof, Proof of Principal Place of Business, and Cheque Leaf or Bank Statement.

Step 4: Submit the application form by Aadhar Otp of Digital Signature Certificate.

Step 5: Pay the IEC registration fee through the online payment gateway.

 

The processing time for IEC registration in Coimbatore is usually around 1-2 working days.

 

Documents required for IEC registration in Coimbatore

The following documents are required for Import Export Code registration in Coimbatore:

• PAN card
• Aadhaar card
• Bank statement
• Passport-sized photographs
• Memorandum of Association (MOA) and Articles of Association (AOA) in case of a company
• Partnership deed in case of a partnership firm
• Copy of the Board Resolution authorizing the designated person to sign the IEC application form
• Copy of the Cancelled Cheque containing the name of the applicant entity and the account number
• Copy of the Rental Agreement or Property Deed in case the business premises are rented

 

Import Export code registration is a mandatory requirement for businesses that want to engage in the business of importing or exporting goods and services from India. In Coimbatore, the process for obtaining IEC registration is simple, and businesses can avail of many benefits by obtaining an IEC registration. By following the above steps and submitting the required documents, businesses in Coimbatore can easily obtain an IEC registration. We SV Consultant here to help you to get the IE Code Registration in Coimbatore at affordable price.