As per the Foreign Trade Policy (FTP) of India, IEC is a prerequisite for businesses involved in import and export activities. Obtaining an IEC ensures compliance with legal regulations governing international trade, thereby avoiding penalties or legal issues.
IEC acts as a gateway for businesses to participate in global trade by facilitating customs clearance and documentation processes. With an IEC, businesses gain access to international markets, enabling them to explore new opportunities for expansion and growth.
Having an IEC allows businesses to avail various benefits, incentives, and concessions provided by the government for exporters and importers. Businesses with IEC can participate in government schemes aimed at promoting exports and boosting the country's foreign trade.
IEC enables businesses to diversify their markets by venturing into international trade, reducing dependence on domestic markets and mitigating risks. Access to global markets through IEC opens up avenues for business growth, fostering innovation, competitiveness, and sustainability.
We commence the process with an in-depth consultation to understand your business requirements, scope of operations, and specific needs related to international trade. Our team evaluates your business eligibility criteria for obtaining an Import Export Code (IEC) based on factors such as nature of goods/services, export-import volumes, and business structure.
We provide comprehensive guidance on the documentation required for IEC application, including identity proof, address proof, bank certificate, and other relevant documents. Our experts assist you in compiling and organizing the necessary documents in accordance with the guidelines prescribed by the Directorate General of Foreign Trade (DGFT).
Once the documentation is in order, we facilitate the submission of your IEC application to the relevant authorities, ensuring accuracy and completeness. Our team diligently follows up on the application status and tracks its progress with the DGFT, ensuring timely processing and resolution of any queries or discrepancies that may arise.
Upon submission, the DGFT verifies the submitted documents and conducts necessary checks to validate the authenticity of the information provided. Upon successful verification and approval, the DGFT issues the Import Export Code (IEC) electronically, which is then forwarded to you promptly.
Even after obtaining the IEC, our team remains available to address any queries or concerns you may have regarding its usage, renewal, or any related matters. VP TAXPRO offers ongoing advisory support to keep you informed about any changes in regulations or compliance requirements affecting your international trade activities.
VP TAXPRO boasts a team of experts with extensive experience in international trade regulations, including the acquisition of Import Export Codes (IEC). We possess an in-depth understanding of the IEC application process and regulatory requirements, ensuring accurate and efficient handling of your IEC needs.
We offer personalized assistance tailored to your unique business requirements, ensuring that your IEC application is customized to meet your specific needs. Our team provides dedicated support throughout the IEC acquisition process, guiding you at every step and addressing any queries or concerns you may have.
VP TAXPRO ensures timely processing of IEC applications, minimizing delays and ensuring swift acquisition of your Import Export Code. We expedite the application process, ensuring that your business can commence international trade operations at the earliest possible time.
From initial consultation to application submission and post-acquisition support, VP TAXPRO offers comprehensive services to address all aspects of IEC acquisition. We handle all documentation requirements, ensuring that your application is prepared accurately and in compliance with regulatory standards.
VP TAXPRO has a proven track record of delivering reliable and efficient IEC services to clients across diverse industries. Our priority is client satisfaction, and we strive to exceed expectations by delivering exceptional service and results.