IEC Registration in Tamil Nadu

IEC Registration in Tamil Nadu

IEC Registration in Tamil Nadu is a crucial step for firms that need to do business around the globe through overseas trade. The Directorate General of Foreign Trade (DGFT) gave every enterprise that buys or trades goods and services a completely unique 10-digit code that they could use to identify themselves. To observe for an IEC in Tamil Nadu, you need to put in a form with the required documents, which includes a PAN card, an Aadhaar card, a passport-sized photo, a cancelled cheque, and proof of your house.

Certain companies are free from having to register with the IEC, but most firms that trade with other countries or deliver items and services into or overseas ought to do so. You need to pay Rs. 500 to the DGFT in order to apply for an IEC. This fee is due online whilst you ask for an IE Code. You can get the IEC registration certificates immediately from the DGFT website. And from the time you fill out your form, it normally takes 10 to 15 business days to get the IEC.

Getting an IEC in Tamil Nadu has many benefits for corporations, which include letting them sell their goods and services in worldwide markets, giving them entry to a couple of award schemes run by the Indian government, and retaining the certificate valid for a lifetime while not having to renew it. Being able to easily and quickly register with the IEC in Tamil Nadu is an important step for any business that desires to trade with different international countries.

Eligibility for IEC Registration in Tamil Nadu

Any person or company group can apply for IEC Registration in Tamil Nadu, regardless of their size or type of business. This includes groups interested in the sale and export of goods and services, as well as those who plan to join in foreign trade. The IEC licensing process is needed for all companies interested in foreign trade or import and export of goods and services, with a few exemptions explained below.

The exemptions include companies that hold registration under the Goods & Services Act 2017 and hold a unique GST Identification number, where the PAN number of the business organisation shall hold good as IEC's unique registration number. Additionally, the Government of Tamil Nadu or any Departments and Ministries under the Government of Tamil Nadu or any notified charitable institutions by the Government of Tamil Nadu shall be exempted from the requirement of obtaining IEC code for the purpose of export or import of goods.

Documents Required for IEC Registration in Tamil Nadu

To finish the IEC Registration in Tamil Nadu, you will need papers such as:

PAN Card and Identification

• PAN Card: Copy of the PAN card of the business, person, or company is required for IEC Registration.
• Identification Proof: Provide a copy of the applicant's Aadhar card, Passport, or Voter ID for name proof.

Address Verification

• Address Proof: Submit a rent agreement copy or the latest power bill copy of the business office to show the business address.
• Rejected Cheque: Copies of the present bank account's rejected cheques are needed for financial proof.

Additional Documents

• Self-Addressed Envelope: Required for the delivery of the IEC Certificate in Tamil Nadu by registered post.
• Other Necessary papers: Depending on the business setup, additional papers like clearance letters, partnership rights, or board decisions may be needed.

Process of IEC Registration in Tamil Nadu

From the filling of the application to the issue of the IEC Certificate, there are various stages in the IEC Registration process in Tamil Nadu. The process is explained here:

• Step 1: Application Submission: The candidate sends an application in ANF-2A format to the DGFT office in Tamil Nadu. This step includes giving easy information such as name, address, and PAN numbers.
• Step 2: Document Submission: The candidate gives the needed papers, including PAN card, Aadhar card, passport size photographs, rent agreement or energy bill, NOC, and other required documents.
• Step 3: Fee Payment: The candidate pays the appropriate fee for IEC Registration, which can be done online.
• Step 4: Verification: The DGFT reviews the application and papers supplied by the candidate.
• Step 5: IEC Certificate Issuance: Once the application is accepted, the DGFT gives the IEC Certificate to the candidate.

Online Process

The online way for IEC application in Tamil Nadu includes the following steps:

1. Create Login: Register on the Directorate General of Foreign Trade (DGFT) page.
2. Submit Basic data: Provide personal and business details, including PAN data.
3. Upload papers: Attach necessary papers in PDF file, such as signed cheque and address proof.
4. Fee Payment: Submit the necessary fee online.
5. Verification and Submission: Verify all details, send the application, and track the process using the PAN number given.

The IEC Registration process in Tamil Nadu includes an easy registration and document submission process, followed by approval and release of the IEC Certificate. The online method improves the application process, making it more quick and easy for individuals.

Advantages of Having an IEC in Tamil Nadu

Obtaining an Importer Exporter Code (IEC) in Tamil Nadu gives several perks for businesses looking to join in foreign trade:

• Expansion of Business: IEC registration helps businesses to tap into the global market, allowing them to expand their reach and grow their activities abroad.
• Availing Benefits: IEC holders can receive various benefits, such as funds and awards, from officials like Customs, Export Promotion Councils, and others.
• Lifetime Validity: IEC registration is given with lifetime validity, removing the need for updating and cutting compliance requirements.
• Easy Processing: The online application way for IEC registration in Tamil Nadu is simple, with a shorter list of necessary papers.
• Establishing Credibility: Having an IEC code helps businesses build trust in the foreign market, as it is a needed condition for joining in import and export activities.
• Reducing Illegal Trade: IEC registration helps officials better track and control illegal trade activities, as companies must provide correct information to receive the code.
• Enabling Exports without Tax Payment: After filing a Letter of Undertaking (LUT) under GST, IEC holders can make exports without paying taxes, which can be collected as returns later.

Why Choose Kanakkupillai for IEC Registration in Tamil Nadu?

Kanakkupillai stands out as a reliable choice for IEC Registration in Tamil Nadu due to several key reasons:

• Expertise and Efficiency: Kanakkupillai gives easy and efficient services for IEC Registration in Tamil Nadu. Their team of experts is well-versed in the details of the filing process, ensuring a hassle-free experience for clients.
• Hassle-Free Process: With Kanakkupillai, the IEC registration process becomes simpler and simple, saving clients important time and effort. Their quick handling of the paperwork and application process lowers any possible problems.
• Experience and Trust: Backed by years of experience, Kanakkupillai has built a name for trust and speed in Tamil Nadu. Clients can believe in their experience to handle the problems of IEC Registration with ease.
• Customer-Centric Approach: Kanakkupillai values customer happiness, giving individual services meant to meet the unique wants of each client. Their commitment to giving excellent service ensures a happy and stress-free experience.
• Comprehensive Support: From helping clients through the registration process to answering any questions or concerns, Kanakkupillai offers full support at every step of the IEC Registration process. Clients can rely on their team for assistance and help throughout the filing journey.