kattappa limited of india has received an order from bahubali limited of sri lanka for 10000 jeans what export procedure will be followed by kattappa limited explain in detail
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An Importer-Exporter Code (IEC) Number has to be obtained by Katappa Limited to export 10,000 jeans to Bahubali Limited of Sri Lanka. According to the Foreign Trade Policy of India, it is must to furnish an IEC for export/import originating from India. Para 2.05 of the FTP, 2015-20 states the procedure that has to be followed for getting an IEC. It is also a PAN based process. An IEC application can be filed online at www.dgft.go.in as per the ANF 2A. An online payment of application fee amounting to Rs. 500/- through credit/debit card or net Banking has to be made together with all needed documents as detailed in an application form.
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