Have you ever heard people talking about import export business? I heard few talking about their import export business the other day, they were discussing few insights, I never knew. It stuck to my mind, there would be so many people like me, who must be unaware of the details of this kind of business and I decided to write this blog to educate you regarding the same business.

Further, we will discuss the detailed procedure of getting the import export license.

Online registration process of getting import export license

 There is an online application available that needs to be filed with the Directorate General of Foreign Trade (DGFT). It takes around 15 to 20 days to issue the import export code by DGFT.

Let’s a take a look at the steps need to be followed to get the import export code in India.

• STEP1: Filling an application form

The first step is to fill an application form in the specifies format (Aayat Niryaat form no. 2A) and file it with the Regional office of DGTF

• STEP2- Attaching the documents

The second step is to provide the documents such as address proof, identity proof, bank details along with a certificate in respect of ANF2A.

• STEP3- Signing of application and submitting the fees

When you are done with filling the application of import export code, you need to digitally sign the application and finally submit it to the DGFT along with the prescribed import export license fees.

• STEP4- Certificate of IEC

After the approval of your application of IEC code, you will receive a soft copy of IEC code from the government.

Let’s talk about the list of documents required for filing the application of IEC.

List of documents required for the IEC Code Online

Below the list of documents for getting the IEC code online-

• You need to submit the copy of PAN card
• You have to provide the copy of Aadhar card, or passport or voter ID
• A cancel cheque copy of the current bank account
• A copy of rent agreement or electricity bill of the business premise

If you are looking to get IEC registration for your import export business, do contact Enterslice. We have a team of professionals who has helped a number of clients in the past.

Source url - http://www.enterslice.gomilio.com/en/blog/detailed-procedure-of-getting-the-import-export-license-39