Export-Import
Export and import are key components of international trade. Exporting involves selling goods or services produced in one country to another, while importing is the process of purchasing goods or services from other countries. These activities help nations access resources, products, and markets that may not be available locally. Exports generate revenue and boost the economy, while imports fulfill domestic demand for foreign goods. A balanced trade policy is crucial to ensure sustainable growth and economic stability. Governments often regulate exports and imports through tariffs, quotas, and trade agreements to protect local industries and foster global trade relations.
IEC ( Import-Export Code)
A crucial company identification number that is required for both imports into and exports from India is the Importer Exporter Code (IEC). No one may import or export without first getting an IEC. However, IEC is not required for exports of services unless the service provider is benefiting from the foreign trade policy. To import or export goods or services, a 10-digit code is required for both individuals and businesses. This code, which is provided by the DGFT, Ministry of Commerce and Industries, Government of India, is called the Import Export Code, or IEC.
When is IEC required?
1. Customs authorities need it to clear shipments during imports.
2. The bank needs it to transfer the money when imports are made.
3. Similarly, during export, the IEC is required.
4. When an exporter is supposed to receive money in foreign currency, an IEC code is required to transfer the money to his account directly.
Documents Required for IEC
- Two Colour Photographs of Promoters/Individuals/ Company/ Director
- PAN Card of each Shareholders and directors
- Identity Proof (Voter ID / Driving License/ Passport)
- Address Proof (Bank Statement / Electricity, Mobile, Telephone Bill)
- Proof of Registered Office
- Utility Bill as proof must be Latest
₹1999
- IEC Registration
- No Hidden Charges
- Personally Assigned DGFT Expert
Modifications Of IEC
Renew/Modify/Update your Import Export Code (IEC) Certificate with the help of Legal Media
Within 24 hours, an IEC specialist from Online Legal India will assist you in updating your information in the Import Export Code Certificate. Updating all of a company’s data is crucial. That is, the Import Export Code’s branch information and activity state, such as manufacturer or merchant. If this isn’t done, the DGFT and customs details will not match, which will cause issues during the import-export procedure. Nearly everything has the ability to modify IEC. For example, updating branch information, changing an address, changing a PAN card number, adding or removing a director, and so forth.
What are the changes that will be made in any of the IEC code modifications?
1. Company address or registered office address.
2. Change in Company Name
3. Registered Branch details or add Branch
4. Addition/alteration/deletion of partner or director for any partnership firm or private limited company.
5. Change in Business activities
6. Change in registered mobile number and email ID.
7. Bank details update/modification
Documents Required
- GST Certificate
- Company MOA/ AOA/ Incorporation certificate
- Partnership deed / LLP deed
- Cancel cheque
- PAN card
- Aadhar card
- Digital Signature Certificate
Price
IEC Modification
₹1999
- Change in company name
- Change in Business activities
- Registered Branch details or add Branch
- Addition / alteration/ deletion of partner or director for any partnership firm or private limited company
- Change in registered mobile number and email id
- Dedicated IEC expert
- Call, Chat & Email Support
- Bank details update/modification
ICEGATE Registration
An important gateway for the trading community is ICEGATE, or Indian Customs Electronic Gateway. For the electronic submission of customs documents like shipping bills and bills of entry, it provides a simplified platform. This registration is a calculated step toward quicker customs clearance and increased transparency in cross-border transactions, not merely a formality. Given the importance of this procedure, IndiaFilings provides businesses with professional support to guarantee a smooth and effective ICEGATE registration.
Make the initial move toward a smooth customs clearing process by getting in touch with our professionals right now!
What is ICEGATE?
As mentioned above, ICEGATE stands for Indian Customs Electronic Gateway, a key initiative by the Indian Customs to streamline and expedite the customs clearance process through digitalization. It serves as the digital portal for the trading and logistics community to interact with the customs department, facilitating the electronic filing of customs documents such as shipping bills for exports and bills of entry for imports.
ICEGATE registration
For organizations engaged in international trade, such as cargo carriers and trading partners, ICEGATE registration is essential. Through the Indian Customs Electronic Gateway, it allows users to electronically file necessary customs documents, such as shipping bills and bills of entry. By reducing paperwork and improving electronic submissions, this digital platform aims to expedite and streamline the customs clearance process, resulting in quicker processing times, lower operating costs, and better shipment status visibility.
Eligibility for ICEGATE Registration
ICEGATE registration is open to a wide range of entities involved in the import and export process
- F card Custom Brokers or Custom House Agents (CHA) – Individuals, Firms or Employees
- IEC Certificate Holders
- Console agents
- Shipping Agents
- Airlines
- Air Cargo Agents
- IEC Authorized persons
DGFT Guidelines for ICEGATE Registration Process:
The Directorate General of Foreign Trade (DGFT) provides comprehensive guidelines for entities looking to register on ICEGATE, especially those intending to file documents using the Remote EDI System (RES). Here’s an overview of the key ICEGATE registration guidelines by DGFT:
Prompt Registration for IEC Holders:
IEC holders planning to file documents on ICEGATE are urged to register promptly through the new Registration Module to facilitate their document filing processes.
Digital Signature Certificate (DSC) Requirement:
Users are advised to have their Class III Individual Type DSC tokens ready and plugged into their systems before starting the registration process.
DSCs must be uploaded during registration to authenticate the user’s identity and ensure secure transactions.
DGFT Digital Signature
₹2699
- DGFT Digital Signature
- 2 Year Validity
- Signing & Encryption (Class 3)
- An increase and decrease in validity also leads to an increase and decrease in price
Simplify Your ICEGATE Registration with LegalMedia
A smooth and hassle-free ICEGATE registration process is provided by selecting IndiaFilings. It guarantees that your company conforms with all customs laws without any difficulties. IndiaFilings offers individualized assistance at each stage of the registration procedure thanks to a staff of committed professionals who are knowledgeable about the nuances of international trade laws and the ICEGATE platform.
ICEGATE Registration
₹1999
- ICEGATE Registration
- Assigned a Dedicated ICEGATE Expert
- Smooth Registration
AD Code
The AD (Authorized Dealer) Code is a mandatory 14-digit number issued by a bank authorized by the Reserve Bank of India (RBI). It is essential for businesses involved in export and import activities in India. The AD Code serves as a unique identifier for exporters and importers, linking them to their respective banks for regulatory and financial transactions.
The primary purpose of the AD Code is to facilitate smooth customs clearance of goods. Exporters must register this code with the Indian Customs EDI (Electronic Data Interchange) system at the relevant port. Without an AD Code, shipping bills and other export-related documents cannot be processed, delaying the shipment of goods.
For imports, the AD Code ensures compliance with foreign exchange regulations and assists in monitoring international trade transactions. It also plays a crucial role in receiving payments for exports and remitting payments for imports.
A D Code
₹699
- AD Code for ICEGATE Registration
- Smooth and Hassle-free
- Get The Expert Guidance
- Get A D Code within 7 Working Days
Get all your Export-Import Licenses under one roof
Simplify your export-import business by obtaining all necessary licenses and registrations in one place. Whether you need an Import Export Code (IEC), GST registration, AD Code, RCMC (Registration Cum Membership Certificate), or any other trade-related documentation, streamline the process with a unified service platform.
These licenses are crucial for complying with regulatory requirements, ensuring smooth customs clearance, and accessing various government benefits. With a single-window solution, you save time, reduce paperwork, and avoid the hassle of navigating multiple agencies.
Professional consultants provide end-to-end assistance, from application submission to approval, ensuring accuracy and compliance. This convenience allows you to focus on expanding your global trade operations while meeting all legal obligations effortlessly. Choose a reliable service provider today and accelerate your business growth in the international market!
Export-Import All Licenses Combo
₹10,999
- Trade License (Government Fee Excluded)
- GST
- Professional Tax (Government Fee included in selected State)
- Udyam Registration
- IEC Registration
- A D Code
- ICEGATE Registration
- DGFT Digital Signature (Class 3) Signing & Encryption
Get Your RCMC (Registration Cum Membership Certificate)
Simplify your export-import journey by obtaining all necessary licenses, including the RCMC (Registration Cum Membership Certificate), under one roof. The RCMC is a vital document issued by Export Promotion Councils (EPCs) or Commodity Boards, certifying a business as a registered exporter for specific products or services. It is mandatory for availing benefits under India’s Foreign Trade Policy.
By consolidating your export-import requirements in one place, you save time and effort while ensuring compliance with government regulations. Whether it’s acquiring an Import Export Code (IEC), AD Code registration, or obtaining an RCMC, seamless services are available to streamline your trade operations.
Ensure hassle-free documentation, fast processing, and expert guidance to focus on growing your international trade. Simplify your operations today and boost your business globally!
