IE Code Renewal in Kodambakkam

IE Code Renewal in Kodambakkam - Filingpoint

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The Filingpoint IE (Import Export) Code is a 10 digit code which is required to be obtained by the individuals or entities who are majorly involved in the import and export of goods and services. The IE Code is issued by the Directorate General of Foreign Trade under the ministry of commerce and industry, Government of India. The IE Code helps the companies in taking their product and service to the world and in growing the business. The IE Code also helps the companies to avail various advantages from DGFT, Export Promotion Council and Customs.

The process of obtaining the IE Code is easy and simple. The application is to be submitted with the requisite documents to the regional office of the DGFT. Once the application is verified by the DGFT, it is issued to the entity within 15-20 working days. Unlike GST and PF registration, the IE Code is valid for lifetime. There is no requirement of renewals or compliances like annual filing of returns etc.

Any individual, partnership firm, LLP, Limited company or trust can apply for the IE Code. The IE Code is not required for sole proprietorships or HUF if they are not involved in any import or export activities.

Getting the IE Code is a must for all those who are planning to expand their business into international markets. This is because, the IE Code is quoted by the importers while clearing customs and banks require the exporters to quote their IE Code while sending money abroad. Moreover, the IE Code is mentioned in various shipping documents and other important documents such as Letter of Credit and Bank Realization Certificate.

Contact Filingpoint IE Code Renewal Expert +91 72999 72500

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