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Showing posts from February, 2017

Importer License- Requirements

Provided below is the procedure and timeline involved in obtaining the importer’s license under the relevant [ Indian ] laws, alongwith a checklist of information required: 1.       Under the Foreign Trade (Development and Regulation) Act, 1992 : Pursuant to the Foreign Trade (Development and Regulation) Act, 1992, there is a mandatory requirement to obtain the Importer-exporter Code Number (“ IEC Code ”) from the Director General or the officer so authorised. The IEC Code application is to be made online and obtaining the PAN card of a company is a mandatory pre-requisite. Please find below the procedure in brief: 1.   E nter the PAN of the company and the Mobile Number and Email ID of the  authorised representative/ Signatory Applicant of the company to log on to the IEC Master screen; 2.       Two different 5 digits token number with the same serial number will be sent to the Mobile number as well as the Email Id of the authorised representative/ Signatory Applic