How to Obtain IEC Registration in Hyderabad Telangana

IEC, or Import Export Code, is a 10-digit alphanumeric code that is issued by the Directorate General of Foreign Trade (DGFT) to every person or entity that is engaged in import or export activities in India. IEC is a mandatory requirement for customs clearance, foreign exchange transactions, and availing various benefits and schemes under the Foreign Trade Policy.

If you are running a business in Hyderabad, the capital city of Telangana, and want to expand your market to the global level, you need to obtain IEC registration from the DGFT Regional Office, Hyderabad1. IEC registration is a simple and hassle-free process that can be done online through the FoSCoS portal.

The process of obtaining IEC registration in Hyderabad Telangana is as follows:

  • Step 1: Visit the FoSCoS portal and create an account using your PAN, mobile number, and email address. You will receive an OTP for verification and a username and password for login.
  • Step 2: Login to the portal and click on the ‘Apply for New IEC/Modify Existing IEC’ option. Fill the online application form with the details of your business, bank account, and partners/directors. You also need to select the category of your business, such as manufacturer, trader, service provider, etc.
  • Step 3: Upload the required documents, such as PAN card, address proof, bank certificate, and digital signature certificate (DSC). The list of documents may vary depending on the type and category of your business. You can check the document checklist on the portal before uploading.
  • Step 4: Pay the application fee of Rs. 500 online through the payment gateway or offline through a demand draft. You will receive an acknowledgment number and a reference number for tracking the status of your application.
  • Step 5: Wait for the approval and issuance of your IEC by the DGFT authorities. You will receive your IEC certificate through email or post within 5 to 7 working days. You can also download it from the portal. You need to display your IEC number and the DGFT logo at a prominent place in your premises.

The IEC registration in Hyderabad Telangana is valid for a lifetime, unless cancelled or surrendered. You do not need to renew or file any returns for your IEC. However, you need to update your IEC in case of any change in your business details, such as address, name, constitution, etc.

IEC registration in Hyderabad Telangana is not only a legal requirement but also a business advantage. By obtaining IEC registration, you can access the global market, import goods from overseas suppliers, export products to international buyers, and avail various benefits and schemes under the Foreign Trade Policy. You can also enhance your credibility and reputation in the international trade arena.

If you need any assistance or guidance in obtaining IEC registration in Hyderabad Telangana, you can contact Invention Tax Solutions, one of the leading IEC registration and consultation services in Hyderabad. Invention Tax Solutions has a team of experts who can help you with the entire process of IEC registration, modification, or cancellation. Invention Tax Solutions also offers other services such as company registration, trademark registration, GST registration, MSME registration, etc.

To know more about IEC registration and consultation in Hyderabad Telangana, visit Invention Tax Solutions website or call +91-7993132530. You can also fill the enquiry form on the website and get a free consultation from the Invention Tax Solutions experts. Invention Tax Solutions serves PAN India clients and has a 100% customer satisfaction rate.

Don’t wait any longer, obtain your IEC registration today and grow your business in Hyderabad Telangana with confidence and credibility. Invention Tax Solutions is your one-stop solution for all your IEC and legal needs. Contact Invention Tax Solutions now and get started!

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