#TradeBenefits

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SAPTA Registration: Process, Fees & Documents Required

SAPTA Certificate is required to claim benefits of Free Trade Agreements (FTA) to the importing country, it is an important document which has to be produced at the landing port with commercial invoices. A Certificate of Origin (CoO) registered with (Issued by) Directorate General of Foreign Trade (DGFT) has to be provided by the exporter’s to ensure that the goods are being produced from countries under the trading agreement.

Documents required for SAPTA Registration:

Import Export Code

Registration Certificate of Organization

GST Registration Certificate

Address ID Proof with Detail of each director/Partner/Proprietor

Exporter detail

Commercial Invoice

Organization based Digital signature Certificate

Purchase Bill that has details of origin of inputs/consumables used in export products

Declaration from Manufacturer (Exporter) in Letterhead

Product Details

Purchase order from importer

SAPTA Registration Fees

ID Creation Fee is Rs. 2,000

Certificate generation per Invoice Rs. 1,500/-

Total Fees Rs. 3,500/-

*If you want to know about EPR Registration_ click here

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"Unlock global markets with an Import Export Code in India. Discover the streamlined process to obtain your unique identifier for international trade, simplifying customs and granting access to trade benefits.

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Demystifying Import Export Code (IEC) Registration in India: Your Gateway to Global Trade

Embarking on the thrilling journey of international trade in India requires navigating through regulatory landscapes, and securing an Import Export Code (IEC) stands as a pivotal step towards success. Whether you're a seasoned entrepreneur or an aspiring business enthusiast, understanding the process of IEC registration is essential. Let's delve into the comprehensive guide to demystify the realm of IEC registration in India.

What is an Import Export Code (IEC)?

An IEC, a ten-digit unique identity, issued by the Directorate General of Foreign Trade (DGFT), serves as a cornerstone for businesses engaged in import or export activities. It streamlines customs clearance, simplifies documentation, and opens doors to various governmental incentives and trade benefits.

Who Needs an IEC?

While not obligatory for all businesses, an IEC is indispensable for entities participating in international trade activities such as importing goods into India, exporting goods to other countries, providing services to global clients, or engaging in cross-border e-commerce transactions.

Benefits of IEC Registration:

Simplified Customs Clearance: Avoids delays and complications during import-export transactions.

Access to Trade Benefits: Unlocks access to government incentives, schemes, and export promotion programs.

Enhanced Credibility: Establishes trust and professionalism in the international market.

Facilitates Record-Keeping: Streamlines documentation and record-keeping for import-export operations.

How to Register for an IEC:

The IEC registration process is relatively straightforward:

Visit the DGFT Website: Access the DGFT website (https://www.dgft.gov.in/) to initiate the process.

Create/Login Account: Register or log in using existing credentials.

Application Submission: Fill out the online application form, attaching required documents.

Fee Payment: Submit the application fee electronically.

Verification and Issuance: DGFT verifies the submitted documents and issues the IEC within 10-15 working days.

Documents Required for IEC Registration:

PAN card of the applicant/company

Proof of address (utility bill, rent agreement)

Proof of constitution (company registration, partnership deed, etc.)

Bank account details

Digital Signature Certificate (optional)

Tips for Successful Registration:

Select the Appropriate IEC Type: Different types are available for individual, partnership, and company entities.

Seek Professional Guidance: Consult trade experts or reliable online resources if unsure about the process.

Stay Updated: Remain informed about alterations in import-export regulations and policies.

Conclusion:

Acquiring an IEC is a crucial stride toward unlocking the boundless potential of international trade. Its ease of registration and myriad of benefits empower businesses to expand horizons and establish a robust presence in the global marketplace. Take the initiative today, register for your IEC, and embark on a journey towards international success!