- TDS Computation, Payment & Filing
- Professional Tax Computation
- GST Computation, Payment & Filing
- Bank Reconciliation
- Accounts Receivable Management
- Accounts Payable Mangement
- Monthly MIS Reports
IEC Code is a unique 10 digit code issued by DGFT – Director General of Foreign Trade , Ministry of Commerce, Government of India to Indian Companies. The full from of IEC Code is : “Importer Exporter Code ”. To import or export in India, IEC Code is mandatory. No person or entity shall make any Import or Export without IEC Code Number. 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 Form ANF2 and shall be accompanied by documents prescribed therein. In case of STPI/ EHTP/ BTP units, the Regional Offices of the DGFT having jurisdiction over the district in which the Registered/ Head Office of the STPI unit is located shall issue or amend the IECs.
Persons importing or exporting goods for personal use not connected with trade or manufacture or agriculture and few more categories of people are exempt from making an application to Import to or Export from India.
Only one IEC would be issued against a PAN. The IEC once allotted to applicant remains valid for a lifetime until revoked, suspended or surrendered.
Even individuals who are proprietors of a business can obtain Importer Exporter Code in their name. It is not necessary to incorporate a business entity for obtaining IE Code.
Obtaining IEC is a onetime procedure. It does not involve filing of any reports or paying of additional taxes. However, it must be quoted during the trade.
Form ANF2 is to be filled online and submitted to get registered under the Directorate General Foreign Trade by businesses intending to Import or Export.
The Importer Exporter code need not be obtained by persons or organisations importing or exporting technology & Services.
Apply in form ANF 2A along with the documents required for the purpose.
On successful submission of online application & payment, an Acknowledgement is generated.
Save and take a print out of the acknowledgement receipt and the documents provided for the purpose.
The duly signed acknowledgement along with prescribed supporting documents to be self attested & submitted to the Jurisdictional Regional Authority (RA)
Upon Verification of Documents, E-IEC will be generated and intimated on email and IEC can be downloaded.
Import Export Code
Obtain help of Professionals & Subject matter experts at CFO Affairs to understand the intricacies involved in the registration. We are more than happy to educate you and make your entity registration a hassle free process.
Because that will enable each of us to do what we are good at!
We’ve worked with CFO Affairs from the very early stages of our business, through to established startup, and then scale up. They have been a one stop solution to our start up needs, understanding our core activities, suggesting us the most appropriate entity, advising us on the mandatory registrations & permissions to be obtained. Their work has been invaluable to us and I would unreservedly recommend them!
As a startup company we were incurring costs in the set up of our business. CFO Affairs helped us with an interesting expense budgeting & business plan along with setting up of the entire work flow, invoicing, accounting and compliance system in place. The execution by their team was the best! We were relieved of so much work load and responsibilities! I personally recommend CFO Affairs to one & all! We will stay associated with you guys!
This is good news for me that the company is now incorporated. I would like to thank CFO Affairs and all its staff members involved in the incorporation process. CFO Affairs has been very punctual and thorough in all the documentation process. I am sure, it would have taken a lot more time for me to manage this stuff by myself, thanks to CFO Affairs, they managed it all for me.
The expertise at CFO Affairs is really broad and at the same time they have great specialists amongst them, giving access to advice that is current and in line with changing trends and norms. They have been awesome when it comes to delivering on time, proactively providing expert support to so many facets of our early strategies and management & an insightful and attentive partner. Kudos to the team! Keep the good work going.