Avail IE Code registration in Madurai at just Rs.1500/-. IE Code, standing for Import and Export code, is vital for companies engaged in import/export activities. Shoplegal facilitates IE Code registration in Madurai, although it's not mandatory for agriculture or specific charitable organizations. Additionally, government ministries and departments are exempted from requiring an IE Code.

Previously, the IEC department issued the registration number, but now, the PAN card number serves as the IE Code registration number. Individuals managing multiple proprietorship firms are eligible for only one IE Code since it's PAN-based.

IE Code operates under Foreign Trade Regulations, offering significant benefits in reducing manufacturing costs by importing products or services. Nowadays, various items like smartphones, bikes, and cars are imported, often more affordable than domestically manufactured goods. The documentation process is straightforward, and there's no need for annual maintenance.

Shoplegal excels in providing affordable online IE Code registration services in Madurai, ensuring your satisfaction.

Advantages of obtaining IEC

No renewal required :
Once obtained, the Importer-Exporter Code (IEC) requires no renewal. Your IE code remains valid as long as your entity exists, enabling unlimited transactions for both exports and imports.

Return filing not required :
Unlike GST, once you acquire an IE Code, there's no obligation to file returns. Even when using the IE Code for importing or exporting goods, there's no requirement for return filing.

Individuals can obtain IE code:
Individuals can secure an IE Code under their name, bypassing the need to create a new business entity just for obtaining the code.

Modification In IEC

To modify any details in the Import Export Code (IEC) for a business entity, it's essential to submit the necessary documents along with the required changes.

Documents Required For Iec