Is import export code beneficial?
This query is : Resolved
10 July 2012
Our Client is doctor by profession.He want to purchase Laser machine(surgical equipment) from Italy.Should he apply for IEC or he should simply purchase it.Will he get benefits if he go by way of IEC?Its urgent please reply.
10 July 2012
as per PARA 2.8(iii)if a PERSON import and export the goods for personal purpose and agriculture purpose is exempt from IEC CODE.
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