Selling software abroad

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514 Points Posted on 21 November 2023
can I sell software abroad without iec?pls reply thanks in advance
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On 21 November 2023 at 19:45 Report
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You can sell software abroad without an IEC, but there are specific conditions to be aware of. Generally, an IEC isn't required for service exports unless you're claiming benefits under the Foreign Trade Policy. However, for software sales, you may need to apply for both a Letter of Undertaking (LUT) and an IEC, depending on the circumstances.

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jamshedpur
4104 Points Posted on 21 November 2023
IEC is not necessary for services exports, except when the service provider is taking benefits under the Foreign Trade Policy
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On 21 November 2023 at 21:29
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Profession
28271 Points Posted on 22 November 2023
Yes you can sell software but subject to conditions.
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On 22 November 2023 at 14:14
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Accountant
32 Points Posted on 22 November 2023
You need to apply for both LUT and IEC
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On 22 November 2023 at 21:38

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