IEC commonly known as Import Export Code, In business context especially those who intend to do Import/Export IEC plays a pivotal role. Let’s understand about IEC
The Importer -Exporter Code (IEC) is a key business identification number which is mandatory for Exports or Imports. No person shall make any import or export except under an IEC Number granted by the DGFT. In case of import or export of services or technology, the IEC shall be required only when the service or technology provider is taking benefits under the Foreign Trade Policy or is dealing with specified services or technologies
The nature of the firm obtaining an IEC may be any of the follows- “Proprietorship, Partnership, LLP, Limited Company, Trust, HUF and Society.” Consequent upon introduction of GST, IEC number is the same as the PAN of the firm. The IEC would be issued by DGFT.
How Ledger Can support you in IEC related matters?
Our dedicated expert team will assist you in obtaining the IEC certificate which enables you to Import or Export of Goods/Services
DOCUMENTS FOR PROPRIETORSHIP FIRM
DOCUMENTS FOR PROPRIETORSHIP FIRM
DOCUMENTS FOR LLP FIRM/ GOVERNMENT UNDERTAKING/ PUBLIC LIMITED COMPANY/ PRIVATE LIMITED COMPANY/ SECTION 25 COMPANY
Udhyam Registration commonly known as MSME registration or classifying Micro, Small, Medium Enterprises post July 2020 is based on the said registration
An enterprise shall be classified as a micro, small or medium enterprise on the basis of the following criteria, namely: —
Benefits of Udyam Registration
Ledger Services (LSPL) is a team of chartered accountants, corporate financial advisors, and tax consultants based out of Basavanagudi, Bangalore. Ledger Services represents a coalition of specialized skills that is geared to offer sound financial solutions and advice. Ledger is a congregation of qualified and experienced teams who are committed to add value and optimize the benefits accruing to clients.
Ledger Services (LSPL) is a team of chartered accountants, corporate financial advisors, and tax consultants based out of Basavanagudi, Bangalore. Ledger Services represents a coalition of specialized skills that is geared to offer sound financial solutions and advice. Ledger is a congregation of qualified and experienced teams who are committed to add value and optimize the benefits accruing to clients.
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