IE Code Renewal in Kodambakkam - Filingpoint


Welcome to Filingpoint Auditor for IE Code Renewal Expert +91 72999 72500

Filingpoint IE Code Renewal in Kodambakkam - IE code is a 10-digit unique number required for all import and export business entities doing business in India. It is issued by the Directorate General of Foreign Trade (DGFT) and comes with a lifetime validity. It unblocks several legal rights, priorities and benefits provided by DGFT/Export Promotion Council/Customs and reduces the chances of illegal goods transportation. The process of obtaining an IE code is entirely online and hassle-free with minimal document submission.

Any individual, proprietorship firm, partnership firm, Limited Liability Partnership (LLP), company or trust can apply for the same. There is no requirement of minimum turnover or area of operations. Also, there are no age and citizenship requirements for getting an IE Code.

Once an IE Code is granted, there are no compliance demands like annual filings with DGFT. The same can be used for all bank transactions related to imports/exports, and can be quoted in the shipping documents. It is also an essential document for obtaining various government licenses and permits for international trade such as Advance Authorizations, Duty-Free Import Authorizations, and Export Promotion Capital Goods (EPCG) licenses.

The registration of IE code is not a mandatory process but it is advised that all companies should get it as soon as they start doing import and export business in order to prevent any issues in future. It is also useful to keep it handy in case of any disputes or litigation.

Contact Filingpoint IE Code Renewal Expert +91 72999 72500

 

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