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Definition of IEC Code

IEC Code is unique 10 digit code issued by DGFT – Director General of Foreign Trade , Ministry of Commerce, Government of India to Indian Companies.



Full form of IEC Code

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.


Get you IEC Importer Exporter Code within three working days in all over India.

Our Services for Exporters/Importers

Dear Sir/Madam,

It gives us immense pleasure to introduce ourselves.

We at Nakshatra offers a bouquet of Financial services and Corporate advisories. We are leading Consultants of Mumbai DGFT and Delhi DGFT (CLA). 

As we know that there are New Incentive Schemes for the Services Providers having Foreign Inward Remittance, we can advise you and help you to get the maximum incentive as per FTP 2015-20 and assured you a better result. 

  

We feel we can get into a business relationship that could result in financial benefits to your Company. We therefore invite you to call us to initiate a business relationship based on trust and confidence for mutual benefits for both.

We look forward for your interest in our offer and assure you we will provide Best-In-Class services to you.

Kindly mail at ncalindia@gmail.com or you can make a call on +91 22 228 71010 / +91 99308 22094 . We will glad to meet you at your place what time convenient to you. 

Thanking you,

With Best Regards,

Yours faithfully,

Nakshatra Corporate Advisors Ltd.

​

(Auth. signatory) 

Corporate Office: Nakshatra Corporate Advisors Ltd. 401, 4^th Floor, Embassy Centre, J. B. Marg, Nariman Point, Mumbai – 400 021

Our Services as DGFT Consultant (NCAL)

Dear Sir,

                                               *Max benefit at min Cost* 

The purpose of this letter is to introduce to you, and your valuable clients, Nakshatra Corporate Advisors Limited(NCAL) that has been active in the Export Import Consultancy business since the year 1982. We hereby enclose herewith a short write up for facilitating you in choosing us an expert and strong service provider in the area of licences related to import &ac export, liaisoning with DGFT authorities.  At Delhi and its all regional offices relating to amendment, enlargement and clarification in matter of licensing, licensing policies & on public notices issued by DGFT Authorities. 

In our working comity, there are many retired officers of Customs, Central Excise, and Service Tax. We have a strong team under the leadership of a recently retired Chief Commissioners of Customs, Central excises, Services Tax, Ex - Joint DGFT and Ex-Chairman of  PNB, who had an excellent exposure of Custom, Excises, Service tax, Foreign trade policy and all legal issues and matters. 

We have made a strong foothold in the area as a "Service Provider" offering consultancy and liaisoning services for import licensing from DGFT, Loan and OTS (One Time Settlement) with all nationalised and International Banks in India and With Ministry of Finance/ DBK, Directorate at Delhi and Mumbai.

The different services that we offer as a Consultant are:- 

* Add Your Product for Focus *

* Selling and purchasing of all Scripts*

* All matters related to CESTAT and High Court* 

* Any type of lone and OTS in all nationalised and International Banks*

1. Complete Consultancy for DGFT Matters. 

2. Importer – Exporter Code (IEC) Application/Approval.

3. Duty Exemption Schemes [Advance Authorization (A.A.), Duty Free Import Authorization    (DFIA), Duty Drawback and others under chapter 4 of FTP] Application/Approval.

4. Export Obligation Period (EOP) Extension.

5. Licence Revalidation.

6. Additional Scheme [Focus Market Scheme (FMS), Focus Product Scheme (FPS), Market   Linked Focus Product Scheme (MLFPS), Vishesh Krishi and Gram Udyog Yojana (YKGUY), Served From India Scheme (SFIS), Status Holder Incentive Scrip (SHIS), Incremental Export Incentivisation Scheme (IEIS), Agri. Infrastructure Incentive Scrip (AIIS) and others under chapter 3 of FTP] Application and eligibility.

7. Export Promotion Capital Goods (EPCG) Application.

8. Norms Fixation.

9. Export House Application/Approval.

10. Export Oriented Unit (EOU) Application/Approval.

11. Special Economic Zone (SEZ) Application/Approval.

12. EODC and Bond Cancelation.

13. Under free shipping bill are not entitled for any benefits, such case may be referred to us (Shipping Bill conversion from one scheme to another scheme and free shipping bill to another). 

14. Clarification from Delhi DGFT (CLA).

15. Exports affected under DBK scheme also sometimes do not bring any lucrative benefits.

16. Any amendment in Shipping Bill.

17. Export Import Policy - relaxations & clarification.

18. Licence Clubbing.

19. SEZ Application / Approval. 

20. Service Tax refund / DBK Claims against Export and all such related Appeals.

21. Custom Related Matters and Cases.

22. Any type of refund claim in DGFT.

You might need time to think about our firm. We, sincerely acknowledge your time and efforts for reading this letter. In case, you are interested to know anything more about our firm, please feel free to contact for details as given below. 

--

With Best Regards,

Nakshatra Corporate Advisors Limited (NCAL),
Rishabh Shukla,

9125888212

neweximsolution@gmail.com,

B-13/199, Rajawadi CHS,

Chitranjan Nagar,

Ghatkopar East,

Mumbai - 400077.

Fresh Application for IEC Online

For application of fresh IEC, see this video, you may also contact us on +91 9125888212 or on rushabhshukla8@gmail.com.

This video is taken from you tube.

Required documents for Application of IEC (Proprietorship firm / Individual)

Dear Sir,

   The following documents are required for Application of fresh IEC for Proprietorship Firm :-

1) PART A in Duplicate (Enclosed form Part -A page no. 4)
2) PART C in Duplicate (Enclosed form Part -C page no. 7)
3) PART D in Duplicate (Enclosed form Part -D page no. 8)
4) Original Bank Letter (Enclosed format Part -B page no. 6)
5) Xerox copy of PAN CARD
6) Self Address Envelope (2) with Rs 40 stamp
7) Pay order in favoring Additional D.G.F.T. Mumbai  for Rs.250/-
8) Xerox copy of electricity bill
9) Copy of Gumasta licence or Income Tax Return (ITR) certificate 

10) Copy of PASS PORT 

    11) Photo (Passport size-2 & Stamp size-2) 

--

With Best Regards,

New Exim Solution,
Rishabh Shukla,

+91 8652515119

+91 9892764142,

neweximsolution@gmail.com,

B-13/199, Rajawadi CHS,

Chitranjan Nagar,

Ghatkopar East,

Mumbai - 400077.

Importer Exporter Code (IEC) Application / Approval / Modification and many more

Importer Exporter Code (IEC) identify the Importer and Exporter. Importer Exporter Code (IEC) is base of Export and Import, If you want to start your own export you must have an Importer Exporter Code (IEC). There are three types of Firms Proprietorship, Partnership and Directorship (Pvt. Ltd.) firms. If you want to get an IEC, contact us. We''ll provide the best services to you and after the date of application within a week, you will get your IEC on your address.

About Status Holder Incentive Script (SHIS)

The two basic criteria of SHIS is Applicant should be an Export House Holder, i.e. Export House, Star Export House, Trading House, Star Trading House, Premier Trading House. And the second eligibility for this incentive is the Applicants export product should be in the following sectors - :

(i) Leather Sector (excluding finished leather);

(ii) Textiles and Jute Sector;

(iii) Handicrafts;

(iv) Engineering Sector (excluding Iron & Steel, 49

Nonferrous Metals in primary or intermediate forms,

Automobiles & two wheelers, nuclear reactors & parts 

and Ships, Boats and Floating Structures);

(v) Plastics; and 

(vi) Basic Chemicals (excluding Pharma Products).

 And the Applicant (Export House Holder) shall be entitled to incentive scrip @1% on value of export made during 2009-10, 2010-11, 2011-12 & 2012-13. This shall be over and above any duty credit scrip claimed / availed under this chapter. You can claim for this scrip for current + previous three years exports made by you. This Duty Credit Scrip is freely transferable between Status Holder to Status Holder.

EOP Extension, Revalidation and Clubbing of Advance Authorisation (licence), Duty Free Import Authorisation (DFIA), and any other product in PRC (Policy Relaxation Committee), by Delhi DGFT

We are Export - Import Consultant and consulting with Export Incentive Scheme. the above matter which is pending before Policy Relaxation Committee (PRC) for EOPExtension, Revalidation, clubbing of  any Scripts (Advance Authorisation (licence), Duty Free Import Authorisation (DFIA), Export Promotion Capital Goods (EPCG) and many others such matters, we can help you to regularise your licence. If you are interested, please let me know. We are consulting with DGFT matters at Mumbaiand Delhi. We used to provide complete consultancy in the field of DGFT and Customs. In our working comity, there are many retired officers ofCustoms, Central Excise, and Service Tax. We have a strong team under the leadership of a recently retired Chief Commissioners of Customs, Centralexcises, Services Tax, Ex - Joint DGFT.

About Sell and Purchase of MEIS and SEIS

Do you have Merchandise Exports from India Scheme (MEIS) and Service Exports from India Scheme (SEIS) for sell and purchase, please contact us. We are interested to buy and sell that licence. And any other type of help regarding DGFT, Customs, Central Excise and Service Tax, any case for CESTAT and High Court and if you want Bank loan and any pending file of loan for One Time Settlement in any International and Nationalized Bank.Please contact us. We provide you services that let you get more benefits from your export products, sometimes your products do not get any benefits or fewer benefits, but we provide you some more benefits for that, which are generally, not availed of by you or not known to you.

About Advance Authorisation (Advance Licence)

Under the Advance Authorization the Exporter may import raw material without payment of customs duty.

Manufacturer Exporter may take advance Authorization, but Merchant Exporter may take Advance Authorization when Merchant Exporter did tie-up with a Manufacturer Exporter.

For getting Advance Authorization the Exporter should have some capability which are given below—

1-Exporter should be Manufacturer Exporter.

2-Exporter has exported 3 Crore in previous years.

3-Exporter should have Central Excise registration.

4-Exporter should have an Importer-Exporter Code.

Advance Authorization’s validity for 2 years. Advance Authorization is non-transferable. And only licence holder can use this licence.  Within 2 years Exporters will have to import raw material and manufacture a final product and export that product. If Exporters are enable to import raw materials within the validity, Exporter need to revalidate the Advance Authorization. And when  Exporter are enable to Export final product within the validity of Advance Authorization, Exporter need to apply for EOP Extension. And If Exporter has completed the 50% Export within the validity of Advance Authorization, Exporter may claim for EOP. And Exporter may get 6 months Extension three times. Thus, Exporter could get 18 months as EOP. But if Exporter could not complete even 50% Export within validity, Exporter may can`t claim for EOP. 

About Duty Free Import Authorisation (DFIA)

Under the DFIA (Duty Free Import Authorization) the Exporter may import raw material without payment of customs duty.

For getting the DFIA, Exporter should have some capability which are given below—

1-      Exporter should be a Manufacturer Exporter.

2-      Product of export should be mentioned in SION (Standard Inputs Output Norms).

DFIA‘s validity for 2 years. DFIA is transferable. And any exporters may perchage this licence and use this licence. Within 2 years exporters will have to import raw material and manufacture a final product and export that product. If Exporter are enable to import raw materials and can’t export the final product within the validity of Advance Authorization, Exporter need to pay duty. Under this licence Exporter can’t apply for EOP and revalidation. 

About Agri. Infrastructure Incentive Script

There are two basic criteria for AIIS, first the Applicant should be a Status Holder, and the second eligibility is the applicant exported product should be covered under chapter 1 to 24 . In this scrip the Applicant Status Holder shall be incentivized by equal to 10% of FOB value of agricultural product provided that the total benefits for all Status Holder put together does not more than Rs. 100 Cr, i.e. Rs.50 Cr for each half year. This duty credit scrip shall be granted by DGFT Delhi for FOB value of current year. This duty credit scrip is freely transferable between Status Holder to Status Holder.

About Incremental Exports Incentivisation Scheme (IEIS)

Dear Sir,

                            *Max benefit at min Cost 

We provide you services that let you get more benefits from your export products, sometimes your products do not get any benefits or fewer benefits, but we provide you some more benefits for that, which are generally, not availed of by you or not known to you.

The purpose of this email to aware you about more beneficiary Export Incentive Scheme and let me describe first about the above two schemes, about their criteria, about their benefits.

1. Incremental Exports Incentivisation Scheme (IEIS) :-  An exporter would be entitled for a duty credit scrip @ 2% on the incremental growth (achieved by the exporter) on the FOB value of exports. Incremental growth shall be in respect of each exporter (IEC holder) without any scope for combining the exports for Group Company.

 Exports made during the period;

(a)   01-Jan-13 to 31-Mar-13 compared to the prev period from 01-Jan-12 to 31-Mar-12 (Three months).

(b)   01-Apr-13 to 31-Mar-14 compared to the prev period from 01-Apr-12 to 31-Mar-13 (Full F.Y).

If you are eligible for the said scrip and are not avail to you, please contact us. Our fees for issuance of the said script will be 2%.

You might need time to think about our firm. We, sincerely acknowledge your time and efforts for reading this letter. In case, you are interested to know anything more about our firm, please feel free to contact for details as given below. 

--

With Best Regards,

New Exim Solution,
Rishabh Shukla,
9125888212

neweximsolution@gmail.com,

rushabhshukla8@gmail.com,

http://neweximsolution.blogspot.in/