I/E Code Registration in Chennai

Solubilis provide Import and Export Code registration in Chennai, Bangalore, Hyderabad, Cochin and anywhere in India. Import Export Code (IEC) Registration is a simple process. The numerical code comes in ten digits, this code is offering from Director General of Foreign Trade as stated by the Foreign Trade Policy. Customarily, one who wants to begin import export business in India and carry out the import merchandise they can't do their trade without the IE code. Merchandise Export from India Scheme (MEIS) or Service Export from India Scheme (SEIS) these two sectors required the IE Code. IE code not required for any return filing and IEC is not mandatory for all the traders except import and export businessmen. IE Code needs not any frequent updating or renewals. It comes with the lifetime validity and no further procedures required for maintaining IE Code.

Exemptions of IE Code:

  • The import business compelled under by clause 3(1) (except sub-clauses (e) and (l)) and the export business comes under section 3 (20) (except sub-clauses (i) and (K)) of foreign trade rule order,1993
  • Ministries and departments come under the State or Central Government.
  • The people import or export goods for personal use which not connected with the trade or manufacture or agriculture.
  • Exemption mainly for the goods which related to Special Chemicals, Organisms, Materials, Equipments and Technologies (SCOMET)
  • People export or import good from the nearby countries of China, Nepal, Myanmar, Indo-Myanmar border through the ports of Gunji, Namgaya, Shipkila and Nathula. It also depends on the CIF value of the consignment which not exceed Indian Rs.25,000.as exception Nathula port ranges up to Rs. 1,00,000/-

Common Document for I/E Code registration

  • Five passport size photos of the proprietor.
  • PAN Card copy of the Proprietor.
  • Any one of the copies from Passport /Voter's I-Card/ Driving Licence/ Aadhar card of managing partner.
  • If his business or company firm is a self-owned the owner must submit any of the document copies from the latest electricity /telephone bill in the name of owner. Whether it is rental he may submit the copy of Rental/Lease Agreement.
  • Cancelled cheque leaf or the bank certification of as per ANF 2A (I) which must be printed in the name of the applicant with his name and Account Number.

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