11 January 2017
A software development business has made export of services from 2011 to 2014 ,IEC registration has been obtained in the year 2014 and no registration is been done in DGFT or STEP.So is my export services disallowed on the grounds that the Company has no IEC or STEP or in DGFT in the year 2011 to 2014.
11 January 2017
The first question arises that how could you export services without having Import Export Code Number ? What have you been billing and what declaration were you filing with bank for receipt of FOREX?