How To Get A License For Import Export In Mumbai?

Although there are many businesses which have risk but also have immense profits if done correctly. One such business is that of import and export which have many formalities to deal with but also have many profits if done rightly. One cannot deal with the complications on their own and require a proper license to this business. Sohamma International Private Limited here helps the people to get their Import Export License In Mumbai as we have been doing this for years and always get positive results from the clients.

What is an import-export license?

It allows registered parties or businesses to clear their imports and exports through Customs, and to make international payments for imported or exported goods. Once a business or individual registers for it, they receive their import-export code from Customs via email.

Why should you register for IEC Code?

If you are a trader or want to import/export outside India, then you need to get an Import Export License. It is a 10-digit numeric code that is valid for a lifetime once you register it.

Without this license, one cannot be able to import/export anything outside Indian borders since you would require the IEC Code when-

• Exporters send shipments at the Customs Port.
• An importer sends money abroad through the Bank.
• An exporter receives the money directly in the bank account.
• You pay to the Customs Authorities.
• To get all the benefits from the government, it is important to have an IEC Code Registration.

We have a team of highly experienced professionals who work really hard to get the Import Export License In Mumbai for the clients without getting any complaints in return. They know every formality and aspect of it and do the work correctly and on time. They even handle all the paperwork so one just has to submit their required documents and proof and we will manage everything else.

Getting the right guidance for import export license is very important as it consists of many formalities which should be done properly to get the rights thus with the help of the right consultants by your side, you don’t have to worry about anything as we have set our benchmark in this domain by providing our excellent services for years.

We aim to offer the best services which surely solve all the issues and concerns of the people and they can do the business smoothly and without any chaos. We are always there at every step of the deal to give our guidance. 

Original Source Content:

http://lifestory.roleplayproject.com/blogs/9228/How-To-Get-A-License-For-Import-Export-In-Mumbai

Which Is Best DGFT Conusltant In Mumbai?

While moving on the path of achievement, it has become more and more essential for us to provide Directorate General of Foreign Trade Consultancy Services. We have reaped abundant expertise in DGFT field. We have been providing DGFT Consultant In Mumbai service for the last couple of years. We provide assistance to our client in different legal and other important formalities like obtaining IEC code, getting various licenses such as advance authorization, EPCG, DEPB etc and completing other formalities. 

Accrued with widespread experience, we bestow excellent service with a very economic and reasonable price. Our Import Export Consultants team of CA’s, CS’s, CWA’s, Advocates and Management professionals at Simran Group, guide and give hand hold support to entrepreneurs, Industrialists, Exporters and Manufacturers to utilize Export incentive scheme policy to benefit them in an utmost way.

Advantages for import and export in India:

1.     We provide export import services for the success of your business.

2.     We help you with the import export licence India and business plan.

3.     We guide you with the basics of Import Export.

4.     Our export import consultancy helps you on how to expand your business and how to earn more profits.

5.     Guide you with the import and export procedure.

6.     We provide benefits on foreign trade.

 

How do our export consultants help exporters in doing an export?

• We help an exporter to register themselves with the concerned authorities.
• Our export advisors help in submitting a shipping bill and bill of export, when the goods and services are exported.
• Export consulting services help an exporter to submit the content of the products, invoice and the letter of credit.

Sohamma International Pvt. Ltd. is the largest online service platform in India which provides easy solutions for DGFT Consultant In Mumbai in starting their new business at affordable cost. We aim at helping the entrepreneurs at every legal and regulatory step. We stay as your partner during entire business cycle and ensure that the business keeps prospering and remains complaint.

Original Source Content:

https://blog.storymirror.com/read/1ww8aq64/which-is-best-dgft-conusltant-in-mumbai

What Are The Benefits Of Acquiring Import Export License At An Early Stage?

The Import Export License registration allows you to extend the scope of your company. You can import/export outside India and increase the likelihood of profit. To acquire an Import Export License In Mumbai you can reach out to an agency which deals in it. This increases business relations with other countries and enhances your company's goodwill. 

Online registration of ICE has been initiated by the Directorate-General for Foreign Trade (DGFT). The license may be requested and received by both registered and unsolicited companies within 10 business days. You do not need a separate LEC code if you are registered for GST. At a transaction level, your GSTIN is used as an identifier.

 

Once registered, a Lifetime Import-Export License is valid, so you do not need to file it or renovate it. This is a permanent license valid until your company exists. However, if you do not want to use a license or operate the company, you must submit the license in writing by informing DGFT. 

 

This scheme gives exporters certain benefits and incentives at a specified rate that may vary from one product to another. The stimulus shall be provided in the form of free transferable duty credit scripts. Credit cards may also be used to sell or transfer the incentives provided to some other person.

 

This scheme aims to improve the status of imports in India and incorporates various schemes. This scheme allows duty-free imports of goods to be supplied with a minimum value-added of 20%. Only basic customs duties are exempted from payment. 

 

All goods are free to import and export, except the items currently regulated by EXIM or any other law in force. For the import and export of goods, registration with the regional licensing authority is a request.

Sohamma is one of the best and renowned providers of Import Export License In Mumbai. Only after obtaining an import license from the regional licensing authority concerned may restricted objects be imported. In a manner specified by the authority of the license, goods covered by the license must be disposed of, as clearly indicated in the license itself. 

 

ITC contains the list of restricted goods (HS). An importation license shall be valid for capital goods for 24 months and all other goods for 18 months. The products channeled are items that can be imported only using specific transport procedures or methods.

Original Source Content:

https://blog.storymirror.com/read/d9mbwp02/what-are-the-benefits-of-acquiring-import-export-license-at-an-early-stage