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Filingpoint IE Code Registration in Nungambakkam is an important requirement for individuals and companies involved in international trade. It helps them unlock global markets, gain more visibility and credibility, and avoid any legal hassles. Having a better understanding of the importance of an IE Code, the process to get it, and the eligibility criteria is vital for any business wanting to engage in international trade.
Import Export Code, also known as IE code, is a 10-digit unique identification number issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, Government of India. It is mandatory for anyone who intends to import or export goods and services from India.
The IE Code is mentioned in various shipping documents, including commercial invoices and packing lists. It is used by banks to verify the details of a shipment and its exporter/importer. It is also required by governmental agencies to grant licenses and permits for international trade, such as Advance Authorization and Duty-Free Import Authorization. IE code is also necessary for registering with Export Promotion Councils, which provide support and assistance to exporters and help them grow their businesses.
An IE Code can be obtained by any entity, including individuals, partnerships, LLPs, private limited companies, trusts, and HUFs. The application can be filed online and is completely paperless. There are a few basic requirements, including valid address proof and an application fee. Once the application is approved, the IE code is sent to the applicant via email.
Contact Our Filingpoint team IE Code Registration expert +91 72999 72500
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