ENQUIRY ABOUT IEC CODE

IEC refers to Import Export Code issued by DGFT. It is mandatory for every exporter or importer to have this code before making such export or Import.

It is only an Identity code and doesn't give any exemptions from taxes on exports or imports.

To make exports without GST, you have to register under GST and submit LUT and then you can export without GST with condition that exports will be received before time limit mentioned under FEMA guidelines

Sir what is LUT Can you please explian more

LUT refers to Letter of Undertaking, its an undertaking given by authorised signatory to the government that he will pay the applicable tax along with interest and penalty in case the conditions for expprt of goods or services is not satisfied in the future.

This is a simple form, which is available in the portal itself

Sir can you explain about export process