Overview of Import Export Registration in Haryana
Haryana has experienced substantial growth in its import and export enterprises recently. The state has various industries at play, including myriad automobile, textiles, agriculture, and pharmaceuticals. The state contributes a significant role in promoting its import and export. The port access in conjunction to the transport systems have promoted growth.
Having an Import Export Code (IEC) registration is the key to conducting business in Haryana. Regulatory compliance for business entities operating internationally like importers or exporters would necessitate an IEC in Haryana. An IEC will allow a trader to have conformity, streamline documentation, and increase credibility in the international marketplace and access to the state or federal government support schemes.
Benefits of Import Export Registration in Haryana
• Access to Government Benefits
When a business is registered with IEC, it is eligible to take advantage of various incentives offered by the government. Incentives offered by Export Promotion Councils, DGFT and others. Benefits like financial assistance, export promotional schemes and subsidies.
• Improved Credibility
IEC registration provides better credibility and reliability of businesses at International level. It also ensures businesses are compliant with regulations from the government and allows a business to smoothly transact with their suppliers.
• Simplified Customs Clearance
Having an IEC number makes it easier for export import businesses to pass through customs clearance. It makes documentation smoother, reduces procedural delays and helps minimize unwanted hassle.
• Limitations on Compliance
IEC registration minimizes the number of licenses businesses have to have. For as long as the business wants to carry out, a single IEC number will allow businesses to do many import and exporting activities.
Fees for Registration of Import Export in Haryana
There are multiple reasons why the fees to get IEC registration in Haryana change. The ANF 2A form and DGFT do not have any fees. However, there are Government and professional fees for import export licenses that are associated to a fixed amount.
Documents Required for Import Export Registration in Haryana
A. Proprietorship
Virtual photograph (3x3cms) of the owner.
Replica of PAN card of the owner.
Copy of Passport (first & ultimate page)/Voter’s I-Card/ riding License/UID (Aadhar card) (any person of these)
Sale deed in case enterprise premise is self-owned; or apartment/lease agreement, in case of office is rented/ leased; or latest energy /smartphone invoice.
Financial institution certificates as according to ANF 2A(I)/ Cancelled Cheque bearing pre printed name of applicant and A/C No.
B. Partnership Company
Virtual picture (3x3cms) of the coping with accomplice.
Reproduction of PAN card of the applicant entity.
Reproduction of Passport (first & final web page)/Voter’s I-Card /UID (Aadhar Card) /using Licence/PAN (any one of these) of the coping with accomplice signing the utility.
Replica of Partnership Deed.
Sale deed in case enterprise premise is self-owned; or apartment/lease agreement, in case of workplace is rented/ leased; or today’s energy /smartphone invoice.
Bank certificates as in keeping with ANF 2A (I)/Cancelled Cheque bearing pre printed name of the applicant entity and A/C No.
C. LLP or private constrained organization or segment eight company
Virtual picture (3x3cms) of the designated partner/Director of the employer signing the application.
Replica of PAN card of the applicant entity.
Replica of Passport (first & closing web page)/Voter’s I-Card /UID (Aadhar Card) /driving Licence/ PAN (any one of those) of the handling partner/Director signing the software.
Certificates of incorporation as issued via the RoC
Sale deed in case business premise is self-owned; or apartment/hire agreement, in case of workplace is rented/ leased; or today’s strength or cellphone bill.
Financial institution certificate as in keeping with ANF 2 A(I)/Cancelled Cheque bearing pre published call of the enterprise and A/C No.
D. Society or Trust
Digital photograph (3x3cms) of the signatory applicant/Secretary or leader government.
Reproduction of PAN card of the applicant entity.
Reproduction of Passport (first & ultimate web page)/Voter’s I-Card /UID (Aadhar Card) /riding Licence/ PAN (anybody of these) of the Secretary or chief executive/ dealing with Trustee signing the application.
Sale deed in case business premise is self-owned; or condo/lease agreement, in case of office is rented/ leased; or present day electricity /telephone bill.
Registration certificates of the Society / replica of the agree with Deed
Bank certificate as consistent with ANF 2A(I)/Cancelled Cheque bearing pre revealed name of the Registered Society or accept as true with and A/C No.
E. HUF
Virtual image (3x3cms) of the Karta.
Copy of PAN card of the Karta.
Reproduction of Passport (first & final page)/Voter’s I-Card/ UID (Aadhar card)/ driving Licence (anybody of those) of the Karta.
Sale deed in case commercial enterprise premise is self-owned or apartment/hire agreement, in case workplace is rented/ leased or latest strength /telephone invoice.
Bank certificates as consistent with ANF 2A(I)/ Cancelled Cheque bearing pre revealed name of applicant and A/C No.
Eligibility Requirements for Import Export Registration in Haryana
• Legal Entity: The applicant must be a registered legal entity in India (Individuals, Sole Proprietorships, Partnerships, Limited Liability Partnerships (LLPs), Private Limited Companies, Public Limited Companies, Trusts, HUFs (Hindu Undivided Families), Societies)
• PAN Card: The entity must have a valid Permanent Account Number (PAN) number issued by the Income Tax Department of India. The IEC will be linked to the PAN of the entity.
• Bank Account: The applicant must have a bank account in the name of the entity and a current with a bank permitted to deal in foreign exchange.
• Documentation: The entity must produce documents (identity proof, address proof and proof of establishment) as per the entity (sole proprietorship, partnership firm, company).
• No Previous IEC: If the applicant has an IEC, they are not allowed to apply for IEC, with the same name again.
Registration Process for Import Export Registration in Haryana
1. Sign up on DGFT portal
Directorate general of overseas alternate (DGFT) is an online government portal wherein you may check in for import export license in Haryana. Your first step is to sign in in this portal.
2. Documentation
The second section is the utility section wherein all your files are arranged and organized for application. Refer to the files required for higher information.
3. Application for import export code
An importer/exporter needs to report an internet application in ANF 2A (i) and submit the desired files for verification. To finish the application process, you will additionally need to pay the authorities fees.
4. Verification with the aid of DGFT
As soon as your application is submitted, it’s far despatched to DGFT for verification. If there is wrong or incomplete information, your license will be canceled. Consequently, ensure which you offer the right facts.
5. IEC code recognition and launch
Your IEC code may be released after approval by using DGFT. In case of online utility, you may get E-EEC. Once authorised by means of the in a position authority, you may be knowledgeable via e mail or SMS that your E-EIC is to be had on the DGFT internet site.
Conclusion
Import Export Registration in Haryana is necessary for businesses looking to conduct international trade. As a thriving industrial and agricultural state, Haryana provides vast opportunities for international trade for economic development, employment generation, and market reach around the world. To engage in the import and export of goods and services from India, entities must obtain an Import Export Code (IEC) under the Foreign Trade (Development and Regulation) Act.
Registration is a simple process, and mostly done online on the DGFT portal, making it accessible for entrepreneurs and business owners. The IEC is a one-time registration, valid for a lifetime, and does not require renewal. The process is business-friendly with minimal documents and has relatively low government fees.
Import Export Registration provides benefits from day one with global market access, government export schemes, increased credibility, and prospects for growth. Entrepreneurs, whether a start-up or established, are starting their journey in international trade with an IEC.
In general, Import Export Registration in Haryana gives businesses the authority to legally operate, as well as a competitive and strategic edge in a global market.
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