13 April 2013
An Individual Assessee wants to buy a Machine costs Rs.12 lacs for silver refinery from Germany or any other Foreign Country. He needs to apply for IE Code. What is the entire procedure for applying IE Code? Plz. explain.
13 April 2013
As Per Para 2.8 (A)(iii)of Hand Book Of Procedures vol-1(2009-2014)
"person importing or exporting goods for personal use not connected With trade or manufacture or agriculture is exempted from IEC CODE.
The application can be download Form in PDF or Word. This is called "Aayaat Niryaat Form - ANF2A". Along with IEC Code Number Application Form it is necessary to submit Appendix-18B Attested by Applicant's Banker in his letter head with two passport size photo).
heck List of Documents to apply for IEC Code
Covering Letter on your company's letter head for issue of new IEC Code Number. Two copies of the application in prescribed format ( Aayaat Niryaat Form ANF 2A) must be submitted to your regional Jt.DGFT Office. Each individual page of the application has to be signed by the applicant.
Part 1 & Part 4 has to be filled in by all applicants. In case of applications submitted electronically.
Rs 250.00 Bank Receipt (in duplicate)/Demand Draft/EFT details evidencing payment of application fee in terms of Appendix 21B.
Certificate from the Banker of the applicant firm in the format given in Appendix 18A.
Self certified copy of PAN issuing letter or PAN (Permanent Account Number) Card issued by Income Tax Authority.
Two copies of passport size photographs of the applicant duly attested by the Banker of the applicant.
Self addresses envelope with Rs.25/- postal stamp for delivery of IEC certificate by registered post or challan/DD.
Regarding Issuance IEC CODE UPDATION INFORMATION IS: