Any company in India which deals in
import and export of goods in the international market, it is mandatory for
that company to have an IEC or Import-Export Code. This code is providers to
the trader who do business which encompasses import and expert. Hence to obtain
this code, the company has to apply for registration to the DGFT Director
General of Foreign Trade for approval. Then the highly respected DGFT provides
a 10-digit alpha numeric code which effectively distinguishes one trader from
the other. this code is used by traders to import and export goods across the
country border. Hence, it is very crucial to get registered for obtaining the
code from the government bodies.
The need of IEC?
There is only one IEC that can be
generated under the PAN number, it is very useful for the following reasons:
1:This is essential in the customs department for smooth functioning of import or export of your goods across the border.
2:To officiate an international transaction,
this code is required in the financial institutions.
3:After an international transaction,
to deposit foreign currency in the bank the IEC Code is essential.
The new businesses or the businesses
which are finding it difficult to understand the process of IEC registration in India, they can contact our well-established legal firm, Global Jurix. Our
company is globally famed for our expertise in handling various kinds of legal
matters. At Global Jurix, we are a team of highly scholarly and experienced
lawyers who offer our reliable services at reasonable prices.
Legal Firm Global Jurix
S-191 C,School Block, Shakarpur
Delhi- 110092
Website: www(dot)globaljurix(dot)com
Call at +91-9810062387
Mail at: corporate(at)globaljurix(dot)com
Legal Firm Global Jurix
S-191 C,School Block, Shakarpur
Delhi- 110092
Website: www(dot)globaljurix(dot)com
Call at +91-9810062387
Mail at: corporate(at)globaljurix(dot)com
No comments:
Post a Comment