IEC code relate quary

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What is the use of iec code.how a person can exports the goods with the use of iec code without any tax or gst.
what shall i do to apply for iec code and can i also export my goods without any tax or gst if yes then what is its full prodecure plz explain fully
Replies (2)

1) IEC  code  is permission given by the GOVT  of India  for  Import & Export  Goods or services     for For   Import  Export  code (IEC )  you have  apply online   on web site  Directorate  General  of  Foreign  Trade  , 

2)  In GST  regime  export  of   Goods are ZERO  reated ,you can  either export  the goods  by paying  GST  and claim refund  or  through  LUT/ BOND  (  subject  to conditions)  without  payment  of TAX . 

3)  you  have  take  GST   registration  if  you have not . 

4)  If  you  are  sending  through  LUT /BOND without  payment of  then apply  at GSTN  web site  www.gst.gov . 

5) If  you  are exporting  with  payment  of tax  then  Issue  Invoice  ,pay  Tax ,file return ,and claim refund .  

IEC Code is mandatory for Export.You have IEC code then, eligible for import export of goods


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