IE Code Registration in nungambakkam - Filingpoint
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Filingpoint IE Code Registration in Nungambakkam is an essential procedure for every firm that imports and exports goods. It is a government identification number that is provided to firms by the DGFT and is valid for a lifetime. Unlike other business tax compliances like GST or PF registration, there is no need to follow any annual filing or renewal process. The IE code is a unique 10-digit alphanumeric code that can be quoted while clearing customs and also while doing banking transactions.
According to a Tax consultant in Chennai, the IE code helps the exporter or importer to enter international markets and expand their businesses. It unlocks the doors to more opportunities and helps them reach their target customers faster. If a company doesn't have an IEC, it will be stuck at the customs and may start incurring demurrage charges or even get destroyed.
In order to get an IE code, the applicant needs to submit all the required documents to the DGFT office. These documents include the details of the business, address proof, contact information and bank details. Moreover, the documents should be signed using an OTP and Digital signature. Once the application is approved, the DGFT will send the IEC certificate to the registered email address.
The IE Code can be applied by any entity including proprietorships, partnerships, LLPs, private limited companies, trusts, and HUFs. The only condition is that the entity should not be involved in any illegal activity.
Contact Our Filingpoint team IE Code Registration expert +91 72999 72500
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