How to get an import export license

Your IEC registration is valid for only one year and must be updated annually.

Banks also require the IE Code when sending money overseas. Exporters can apply online for IEC Code through caonweb and receive their import export license the same day.

How to register IEC online?
The DGFT is the governing body that regulates the grant of import export licenses, keeps a record and makes rules for the way to grant the certificates? Do you need to go to the department to register for the IEC? No, you can do it all online. You can start the process online if you have all the documents and fees ready. Caonweb, for example, can help you register import export codes online.

You don’t have to be registered to apply for an import export code. Individuals can also apply. IEC Certificate can also be called Export License, Import License. IE Code, IEC Code, EXIM License. All of these terms have the same meaning.

Important: According to the latest notification from the GDFT you need to renew/update your IEC License each year between April and June.

Benefits of IEC Registration in India

Who is required to register for the GSTIN?

Businesses in the following categories should register for GST:

• Goods Manufacturers who have a turnover exceeding 40 lakhs

• Service Providers With a Turnover Above 20 Lakhs

• Voluntary Registration

• Inter State Sales

• Non-Resident taxable person

• Online GST Registration Certificate in India for Businesses in More Than One State

• Register for GST For Businesses that have previously registered under VAT, Excise Laws or Service Tax Laws

• E-commerce businesses and GST registration

• Providers of Services and Goods Outside India

GST Registration Fees

The Online GOODS AND SERVICE TAX Registration is different in terms of the GST registration fee & pricing.:

Depending on their type, all registered businesses must file Goods & Service Tax returns monthly, quarterly or annually. Special cases, such as composition dealers, are required to file different returns. You can compare the prices of GST registration on Chartered Choice, as it provides a list of professionals providing GST services.
What is the Goods and Service tax Return?
The return is the final document that contains all of the details about income and is filed with the tax administration authorities. The return’s importance is in calculating the tax liability.

How to Complete GST Return Filing

A registered dealer is required to submit Goods & Service Tax Returns that include the following:

• Purchases
• Sales
• Output GST (On sales)
• Input tax credit (GST on purchases)
• Tax returns are required.Taxes for late filing of GST returns

You will have to pay late fees and interest if you do not file your GST return on time. With the help of a chartered account, or company secretary providing GST services, you can file your GST return on time.
The interest rate is 18% per year and must be calculated on the outstanding tax amount. The GST return filing deadline is from the day after filing until the date payment. For GST filing, the maximum late fee is Rs. 5000/.

GST registration consultants are a great way to ensure a smooth and easy registration. They are aware of the various turnover limits that require registration under the Act.

The following is a list of special categories under GST:

• Arunachal Pradesh
• Assam
• Jammu and Kashmir
• Manipur
• Meghalaya
• Mizoram
• Nagaland
• Sikkim
• Tripura
• Himachal Pradesh
• Uttarakhand