Rubela Shome (Business) (34 Points)
01 March 2010Hi,
I am the sole proprietor of a firm which provides software services to clients from abroad. We basically use freelancing websites to capture projects and get the projects done through those websites. We do have Import Export Code allotted to us. Do we need to submit any information to DGFT regularly or do we need to re-validate our IEC in regular intervals. In short, what are the things I need to do to maintain IEC so that it remains valid. Please let me know.
Thanks.
Ria Saraf
(CA final student)
(110 Points)
Replied 01 March 2010
As IEC is issued by DGFT you do not have to inform them regularly or get it re-validated or anything.
RAMESH KUMAR VERMA
( CS PURSUING )
(43853 Points)
Replied 02 March 2010
DGFT , RLA, ISSUE THE IMPORT EXPORT CODE , BESIDES IT YOU ALSO REGISTERED IN FIEO / HRRDWARE EXPORT PROMOTION COUNCIL for TAKEN INCENTIVE THROUGH GOVERNMENT OF INDIA.
CourseCart.in
(Mentor at SHAYVIDZ Academy)
(3756 Points)
Replied 02 March 2010
I agreed wid Ria...
@ Ramesh Ji,
Can u please elaborate what u want to say...?
m very new to this field....
I just know a Seed Company having IEC for Imports...
RAMESH KUMAR VERMA
( CS PURSUING )
(43853 Points)
Replied 02 March 2010
MR ADARSH,
i wanted to infrom you that if any exporter firm which turnover is not exceed 15 crore , IN THE THREE PRECEDING FINANCIAL YEAR can aviail, MARKETING DEVELOPMENT ASSISTANCE , FOR PARTICCIPATE IN TRADE FAIR IN BELOW MENTIONED AREA FOR AS PER CRITERIA BELOW (ii)Assistance would be permissible on travel expenses by air, in economy excursion class fair and/or charges of the built up furnished stall. This would, however, be subject to an upper ceiling mentioned in the table per tour.
|
S No.
(1) |
Area/Sector
(2) |
No. of visits
(3) |
Maximum Financial
ceiling per event
(4) |
|
1. |
Focus LAC |
1 |
Rs. 1,80,000 |
|
2. |
FOCUS |
1 |
Rs. 1,50,000 |
|
3. |
FOCUS CIS |
1 |
Rs. 1,50,000 |
|
4. |
FOCUS ASEAN+2 |
1 |
Rs.1,50,000 |
|
5. |
General Areas |
1 |
Rs.80,000* |
|
|
TOTAL |
5 |
General Areas |
IF U ARE NOT REGISTERED IN ANY EXPORT PROMOTION COUNCIL (PRODUCT WISE)
BESIDES IT YOU CAN ALSO AVAIL BENEFIT AS PER FOREIGN TRADE POLICY 2009-2014
for more information you can put up the question we remain you.
RAMESH KUMAR VERMA
( CS PURSUING )
(43853 Points)
Replied 02 March 2010
and also you can EXPORT HOUSE CERTIFICATE , THEY ALSO GAIN VARIOUS BENEFIT IN INDIA AS PER FTP2009-2014
ramesh.arti @ yahoo.co.in
CAclubindia
