Iec registration

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Ali Jaffer (Querist)
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14 November 2012 Dear Experts,

I wish to start a small online business of my own and have registered an LLP for the same. We shall be importing products for sale online.

My question is, should I register for an IEC in my name or my company's name? and which option would be better for benefiting from duties and taxes point of view and also other legal compliance?

Would really be thankful for some smart advice on the same. Thanking you,

Ali Jaffer

Rama Krishnan

Rama Krishnan (Expert)
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15 November 2012 SUGGEST YOU SHOULD OBTAIN AN IEC IN YOUR COMPANY NAME, THIS CAN BE A PROPRIETOR SHIP CONCERN ALSO. WILL BE BENEFICAL IN TERMS OF CLAIMING EXPORT INCENTIVES FROM THE GOVT.

V K Bajaj

V K Bajaj (Expert)
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15 November 2012 Rama Krishnan a double effect.

The religious history says RAMA of Ramayan was PERFECT and so was KRISHNA of Mahabharat.

Mr Ali Jaffer you are a lucky boy to have a reply from Rama Krishnan - a combination of Ram and Krishan.

So apply for IEC in your business name and enjoy a happy business.

contact@vkbajaj.co.in

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RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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16 November 2012 AFTER ACCOUNT OPENING YOUR COMPANY NAME YOU MUST GET APPLY FOR IEC APPLICATION FOR MORE INFORMATION REGARDING THE SUBJECT IS AVAILABLE IN BELOW MENTIONED LINk:

https://www.caclubindia.com/share_files/iec-issuance-updation-information-48730.asp#.UKXHM2c-1tg