Do we need IEC code after GST?

Do we need IEC code after GST?

According to the latest circular issued by the government, IEC is not mandatory for all traders who are registered under GST. Export/ Import done by the Government of India Departments and Ministries, Notified Charitable institutions need not require getting Import Export Code.

What is IEC Branch No?

An Importer -Exporter Code (IEC) is a key business identification number which mandatory for export from India or Import to India. The nature of the firm obtaining an IEC may be any of the follows- Proprietorship, Partnership, LLP, Limited Company, Trust, HUF, Society.

How can I get IEC branch code?

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An application for grant of IEC number shall be made by the Registered/Head Office of the applicant and apply to the nearest Regional Authority of Directorate General Foreign Trade, the Registered office in case of company and Head office in case of others, falls in the ‘Aayaat Niryaat Form – ANF2A’ and shall be …

What is IEC based DSC?

DGFT Digital Signature Certificate is specially required for EXIM Organizations who are having Import Export Code(IEC) in India. DGFT Digital Signature can ONLY be Issued to Organization with ONLY Signing Certificate. IEC Code is mandatory to obtain a DGFT Digital Signature Certificate.

Does individual need IEC code?

2 Why is IEC required? To import or export in India, IEC Code is mandatory. No person or entity shall make any Import or Export without IEC Code Number, unless specifically exempted.

How can I check my IEC code?

How to check status of IE Code at Customs:

  1. Step 1: Navigate to ‘Services’ tab on ICEGATE portal and select your user type.
  2. Step 2: Select ‘Check IE Code/BIN Status’ service from the left menu of available services.
  3. Step 3: In section 2 of the form, enter the IE code and click on ‘IE Code@ICEGATE’ button.
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What is the meaning of branch code in IEC?

Branch Code in IEC is the code that is allotted as per details filled in Application Form while applying Importer Exporter Code. Branch Code is not mandatory it depends upon whether you are having any branches /other place of business in India apart from main location, otherwise it will remain blank.

Who can apply for IEC under GST?

Consequent upon introduction of GST, IEC being issued is the same as the PAN of the firm. However, the IEC will still be separately issued by DGFT based on an application. The nature of the firm obtaining an IEC may be any of the follows- Proprietorship, Partnership, LLP, Limited Company, Trust, HUF, Society. Pre-Requisites for Applying for IEC

How to obtain IEC code?

FIEO : Guide to Obtaining IEC Code. 1 • Valid Digital Signatures Token (Class II or III) 2 • Valid PAN. 3 • Valid Mobile Number and Email ID. 4 • Valid Address Details of Branch Office. 5 • Valid Bank Account in the name of IEC Holder.

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Is the IEC issued by DGFT based on an application?

However, the IEC will still be separately issued by DGFT based on an application. The nature of the firm obtaining an IEC may be any of the follows- Proprietorship, Partnership, LLP, Limited Company, Trust, HUF, Society. Pre-Requisites for Applying for IEC