Iec registration
This query is : Resolved
30 January 2013
If a company only involved in export of services, do IEC registration mandatory?
30 January 2013
To import or export in India, IEC Code is mandatory.
No person or entity shall make any Import or Export without IEC Code Number.
Each Importer/Exporter shall be required to file importer/ exporter profile once with the Territorial Jurisdiction of Regional Authorities.
IEC No: Exempted Categories
The following categories of importers or exporters are exempted from obtaining Importer - Exporter Code (IEC) number:
1. Importers covered by clause 3 (1) [except sub-clauses (e) and (l)] and exporters covered by clause 3(2) [except sub-clauses (i) and (k)] of the Foreign Trade (Exemption from application of Rules in certain cases) Order, 1993.
2. Ministries/Departments of the Central or State Government.
3. Persons importing or exporting goods for personal use not connected with trade or manufacture or agriculture.
4. Persons importing/exporting goods from/to Nepal provided the CIF value of a single consignment does not exceed Indian Rs.25,000.
5. Persons importing/exporting goods from/to Myanmar through Indo-Myanmar border areas provided the CIF value of a single consignment does not exceed Indian Rs.25,000.
However, the exemption from obtaining Importer-Exporter Code (IEC) number shall not be applicable for the export of Special Chemicals, Organisms, Materials, Equipments and Technologies (SCOMET) as listed in Appendix- 3, Schedule 2 of the ITC(HS) except in the case of exports by category(ii) above.
No person or entity shall make any Import or Export without IEC Code Number.
Each Importer/Exporter shall be required to file importer/ exporter profile once with the Territorial Jurisdiction of Regional Authorities.
IEC No: Exempted Categories
The following categories of importers or exporters are exempted from obtaining Importer - Exporter Code (IEC) number:
1. Importers covered by clause 3 (1) [except sub-clauses (e) and (l)] and exporters covered by clause 3(2) [except sub-clauses (i) and (k)] of the Foreign Trade (Exemption from application of Rules in certain cases) Order, 1993.
2. Ministries/Departments of the Central or State Government.
3. Persons importing or exporting goods for personal use not connected with trade or manufacture or agriculture.
4. Persons importing/exporting goods from/to Nepal provided the CIF value of a single consignment does not exceed Indian Rs.25,000.
5. Persons importing/exporting goods from/to Myanmar through Indo-Myanmar border areas provided the CIF value of a single consignment does not exceed Indian Rs.25,000.
However, the exemption from obtaining Importer-Exporter Code (IEC) number shall not be applicable for the export of Special Chemicals, Organisms, Materials, Equipments and Technologies (SCOMET) as listed in Appendix- 3, Schedule 2 of the ITC(HS) except in the case of exports by category(ii) above.
30 January 2013
please noted that :-
as per para 2.8(iii),foreign trade policy 2009-2014 person Who wanted to import/export for personal use / agriculture purpose are exempt from IEC code on the other hand will be apply for IEC code .
Regards,
as per para 2.8(iii),foreign trade policy 2009-2014 person Who wanted to import/export for personal use / agriculture purpose are exempt from IEC code on the other hand will be apply for IEC code .
Regards,
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