R S Exim

Malviya Nagar, Delhi

IEC IEC code is compulsory license to start Import-Export Business, this is life time and no return fileing.

The Centre would levy and collect the Integrated Goods and Services Tax (IGST) on all inter-State supply of goods and services. The IGST mechanism has been designed to ensure seamless flow of input tax credit from one State to another. The inter-State seller would pay IGST on the sale of his goods to the Central Government after adjusting credit of IGST, CGST and SGST on his purchases (in that order). The exporting State will transfer to the Centre the credit of SGST used in payment of IGST. The importing dealer will claim credit of IGST while discharging his output tax liability (both CGST and SGST) in his own State. The Centre will transfer to the importing State the credit of IGST used in payment of SGST. Destination-Based Consumption Tax : GST will be a destination-based tax. This implies that all SGST collected will ordinarily accrue to the State where the consumer of the goods or services sold resides.

Central Taxes to be subsumed Central Excise Duty Additional Excise Duty The Excise Duty levied under the Medicinal and Toiletries Preparation Act Service Tax Additional Customs Duty, commonly known as Countervailing Duty (CVD) Special Additional Duty of Customs-4% (SAD) Cesses and surcharges in so far as they relate to supply of goods and services.

State Taxes to be subsumed VAT/Sales Tax Central Sales Tax (levied by the Centre and collected by the States) Entertainment Tax Octroi and Entry Tax (all forms) Purchase Tax Luxury Tax Taxes on lottery, betting and State cesses and surcharges in so far as they relate to supply of goods and services.

Exports of notified goods/products with ITC[HS] code, to notified markets as listed in Appendix 3B least being 2% of F.O.B., shall be rewarded under MEIS. Appendix 3B also lists the rate(s) of rewards on various notified products [ITC (HS) code wise]. The basis of calculation of reward would be on realised FOB value of exports in free foreign exchange, or on FOB value of exports as given in the Shipping Bills in free foreign exchange, whichever is less, unless otherwise specified. Wherever the reward under MEIS is available to all countries, proof of landing shall not be required to be submitted for claiming the reward.

Objective of Service Exports from India Scheme (SEIS) is to encourage export of notified Services from India Service Providers of notified services, located in India, and shall be rewarded under SEIS, subject to conditions as may be notified. Only Services rendered in the manner as per Para 9.51(i) and Para 9.51(ii) of this policy shall be eligible. The notified services and rates of rewards are listed in Appendix 3D. Such service provider should have minimum net free foreign exchange earnings of US$15, 000 in preceding financial year to be eligible for Duty Credit Scrip. For Individual Service Providers and sole proprietorship, such minimum net free foreign exchange earnings criteria would be US$10, 000 in preceding financial year. Payment in Indian Rupees for service charges earned on specified services, shall be treated as receipt in deemed foreign exchange as per guidelines of Reserve Bank of India. The list of such services is indicated in Appendix 3E. Net Foreign exchange earnings for the scheme are defined as under Net Foreign Exchange = Gross Earnings of Foreign Exchange minus Total expenses / payment / remittances of Foreign Exchange by the IEC holder, relating to service sector in the Financial year. If the IEC holder is a manufacturer of goods as well as service provider, then the foreign exchange earnings and Total expenses / payment / remittances shall be taken into account for service sector only. In order to claim reward under the scheme, Service provider shall have to have an active IEC at the time of rendering such services for which rewards are claimed.

We are a multi-lingual company specializing in international business development, assisting companies to expand or create new export and import opportunities. We provide sales and marketing expertise to emerging global companies in their quest to bring quality products and services to the market. As an export-import consulting organization, we supports small and medium sized companies when starting up or intensifying their exporting activities. We offer business solutions to the importer, exporter and investigating firm needing to secure their products or establish a foothold in global market place. For years we have been helping small businesses make the most of worldwide trade. We also work closely with companies that provide Logistic Services, Cargo Services, Custom Clearing Services, Import Services, Export Services, Indenting Agents, Merchandising Services, Outsourcing Services, Warehousing Services, International Freight Forwarding Services, Customs Clearance Services, Export & Import Services, Door to Door Services, Transportation Services, Packaging Services, Courier Services, Warehousing Services, Logistics Consultant, Supply Chain Management, Break Bulk Cargoes, ODC Cargo, Vessel Chartering and Project Cargoes.

An advantageous scheme for procurement of Capital Goods The EPCG scheme allows import of capital goods (including CKD/SKD thereof as well as computer software systems and spares, jigs, fixtures, dies and moulds) at 3% Customs duty as against the normal total of 25.852%, thus providing a duty saved value of more than 22% of the import value. This is subject to an Export Obligation (EO) equivalent to 6/8/12 times of duty saved, to be fulfilled over a period of 8/12 years reckoned from the date of issuance of license. For large projects, SSI etc. there are more relaxed norms of EO. The scheme covers manufacturer exporters with or without supporting manufacturer(s) / vendor(s), merchant exporters tied to supporting manufacturer(s) and Service Providers. Actual user conditions :  Import of capital goods are subject to Actual User condition till the export obligation is completed. Export obligation : The export obligation needs to be fulfilled by the export of goods capable of being manufactured or produced by the use of the capital goods imported under the scheme. In addition upto 50% of the EO can also be fulfilled by any alternate product of the company or even group company. Deemed Exports like supplies to Power Projects, Projects funded by WB/ADB/JBIC etc, EOUs etc. can also be utilized to fulfill the EO. Indigenous Sourcing :  A person holding an EPCG license may source the capital goods from a domestic manufacturer instead of importing them. The domestic manufacturer supplying capital goods to EPCG license holders shall be eligible for refund of Excise Duty paid by him. In addition the indigenous supplier can import his own raw material duty free and other benefits which can be discussed. For Manufacturers : The scheme is quite beneficial to Manufacturer exporters as they can import their CG at a substantial discount. Especially for those manufacturers whose final product is not excisable or is exempt from excise duty (like those in Uttaranchal) since they cannot take the CENVAT credit of the CVD paid on imports and Excise Duty paid in Domestic markets. Merchant Exporters tied with the supporting manufacturers can also utilize the scheme for concessional duty import of Capital Goods to be installed at the supporting manufacturers. For Projects : EPCG can be taken for the full projects where exports of goods or services can be envisaged by the use of the project or alternative products. This can be taken for Captive Power units also. EPCG can be taken along with Project Import scheme in case of new Projects. For Service Provider : Various service providers/exporters can take EPCG route to reduce their Capital Cost. Service Providers like Hotels, Hospitals, Tour Operators, Taxi Operators, Construction Companies, Logistics companies can utilize the scheme to import/procure from domestic market, their capital goods at a substantially reduced costs. The EO can be fulfilled by Forex Earnings through providing services, like that of Foreign Guests staying in the hotel, medical tourism etc. For Others : Certain other sectors like Retail Sector in the country, Port Projects etc. can also utilize EPCG scheme to their advantage. What we do : We can assist you in assessing the feasibility of the scheme for your exports/domestic supplies, planning for maximum benefits, documentation, application preparations, representation and coordination with DGFT and other concerned Government Departments till you finally get the Authorisation. In case of domestic procurement we can assist in getting necessary invalidations from the authority, and the refund of Excise Duty. Later we will assist you in redemptions of the Authorization. We also take matters of clarifications/relaxations etc. from the DGFT committees.

Import Export Code (IEC) is10 Digit Code and compulsorily required for Import or Exports. Import Export Code (IEC) is a registration is mandatory for those who are involved in import and export business. To get IE Code you need to fill import and export code application form and attach required documents with it. After attaching the required documents you need to submit your application to Directorate General of Foreign Trade (DGFT). The Directorate General of Foreign Trade (DGFT) department will verify your documents and application After all the process once the application is filed in DGFT department, they will issue IEC Code in 1 business days. IEC Code is issued for lifetime; it means that it doesn't have any expiry. In short any entity that has IEC code doesn't have to renew their license because it has lifetime validity. And there is no need to file any return. IEC is also known as IEC Code, Import Export Number, Export License, Import Export License, Importer Exporter code, Import License, Export Number etc. Import Export Code (IEC) is a registration is mandatory for those who are involved in import and export business. To get IEC Code you need to fill import and export code application form and attach required documents with it. After attaching the required documents you need to submit your application to Directorate General of Foreign Trade (DGFT). The Directorate General of Foreign Trade (DGFT) department will verify your documents and application. After all the process once the application is filed in DGFT department, they will issue IEC Code in 1 business days. IEC is also known as IEC Code, Import Export Number, Export License, Import Export License, Importer Exporter code, Import License, Export Number etc.

We provide Import License to our customers, we handles license trade with extreme ease due to updated knowledge of regulations and procedures. As we get enquiry from importers/exporters those who buy or sell license, our technical professional staff works hard to meet the requirements without delay. We do negotiate to buy & sell DEPB, Focus license, VKGUY, MEIS, and Incremental. In today's competitive era, a task has to be performed efficiently and proficiently so that no room remains for any flaw. We buy licenses directly from exporters for providing you on competitive prices. We realize the pressures of your business and understand your commercial needs. One of R.S Exim Consultancy strengths is to provide Liaison services which beat international standards. The terms like unique and impressive appear out to be most appropriate if one starts looking for the words to describe quality of services offered by us. In addition to optimum level service we offer them at affordable price.

We are providing import export consultancy for the importer and exporter in india. Our charges is are very competitive and work is very satisfactory.

Located in new delhi, india, r s exim came into being in the year 2001. We offer reliable consultancy for depb, epcg, iec, advance authorisation, marketing development assistance, fmp and fms. Clearing & forwarding for import & export consignment (air & sea boat) our proprietor, mr. K. Saxena has extensive experience in the field of export import trade. Under his able leadership and guidance, we are climbing the heights of success. our specialization we are a company that has in-depth knowledge about the various aspects of this industry. We ensure complete client confidentiality and data security. This has enables us to earn the trust of our clients. We are a company that believes in adapting itself to the latest developments. Our company believes in protecting the interests of the clients and providing them the reliable services. our mission we aim to emerge as the foremost name in this industry through our hard work and perseverance. Our mission is to provide comprehensive solutions to our clients and assist them in every step of the process. Our company ensures that the clients receive timely solutions and services so that they are not inconvenienced.

We are blessed with a team of highly qualified and experienced professionals, who provide complete assistance to the clients regarding the legal formalities or the completion of paperwork. As a result, we are a trusted source one can surely rely upon for the best fmp consultancy.

Doc provides for reimbursement of charges expenses for fulfilling statutory requirements in the buyer country including registration charges for product registration for pharmaceuticals, bio-technology and agro-chemicals products on recommendation of epcs. Financial assistance is also provided for contesting litigation(s) in the foreign country concerning restrictionsanti dumping duties etc. On particular product(s) of indian origin, as provided under the market access initiative (mai) scheme of doc.

The company has created a strong foothold in the business of providing world best iec consultancy. Companies that are engaged in exporting and importing of products, software services etc. Require an importer exporter code number of iec that should be issued by the director general of foreign trade. We are a prominent iec consultants engaged in providing assistance to the clients for registering their respective companies with the zonal office of director general of foreign trade. Our team of professionals holds an expertise in guiding the clients for registering their companies and appropriately completing the formalities.

R s exim is a name that is synonymous to reliability. We have carved a niche as one of the well-trusted advance authorisation consultants in india. The company offers reliable advance authorisation consultancy to the clients for acquiring advance intermediate authorisation in order to allow duty free import of inputs that are physically incorporated in the export product. Additionally, advance authorisation can also be issues for physical exports, intermediate supplies, and deemed exports. Backed by a team of highly experienced professionals, we provide proper guidance for completion of the paperwork and other legal formalities. dgft, by means of public noitce, may exclude any product(s) from purview of advance authorisation. Duty free import of mandatory spares upto 10% of cif value of authorisation which are required to be exported supplied with resultant product are allowed under advance authorisation. Advance authorisations are issued for inputs and export items given under sion. These can also be issued on the basis of adhoc norms or self declared norms as per para 4.7 of hbp v1. Advance authorisation can be issued either to a manufacturer exporter or merchant exporter tied to supporting manufacturer(s) for:- inermediate supplies and or physical exports (inculding exports to sez), and or supply of goods to the categories mentioned in paragraph 8.2 (b), (c), (d), (e, (f), (g), (i) and (j) of ftp. Supply of stores on board of foreign going vesselaircraft subject to condition that there is specificsion in respect of item(s) supplied. In addition, respect of supply of goods to specified projects mentioned in paragraph 8.2 (d), (e), (f), (g) and (j) of ftp, an advance authorisation can also be availed by sub-contractor to such project provided name of subcontractor(s) appears in main contract. Such authorisation can also be issued for supplies made to united naitons organisations or under aid programme of the united nations or other multilateral agencies and which are paid for in free foreign exchange. However, advance authorisation for import of raw sugar, can be issued either to a manufacturerexporter or merchant exporter tied to supporting manufacturer(s). Exports can also be made by procurement of white sugar from any other factory(ies). This provision shall be applicable for exports from 17.2.2009. Advance authorisations are exempted from payment of basic customs duty, additional customs duty, education cess, anti-dumping and safeguard duty, if any. Advance authorisation and or materials imported thereunder will be with actual user condition. It will not be transferable even after completion of export obligation. However, authorisation holder wil have option to dispose export obligation is completed. In case where cenvat credit facility on inputs have been availed for the exported goods, even after completion of export obligation, the goods imported against advance authorisation shall be utilized only in the manufacturer of dutiable goods whether within the same factory or outside (by a supporting manufacturer), for which the authorisation holder shall produce a certificate from either the jurisdictional central excise supdt. Or chartered accountant , at the option of the exporter, at the time of filling application for eodc to ra concerned. However, the actual user condition shall not be applicable in case of raw sugar to be imported from 17.2.2009, till 30.09.2009 under advance authorisation scheme. Further the manufacturing wasters scrap, as allowed, cab be disposed off with the payment of applicable duty before fulfillment of exprots obligation. advance authorisations necessitate exports wtih a minimum value addition of 15% except for items in gems & jewellery sector, for which value addition would be as per paragraph 4 a.2.1 of hbp v.1. Exports to sez unitssupplies to developers co-developers, irrespective of currency of realization, would also be covered. For physical exports for which payments are not received in freely convertible currency, same shall be subject to value addition as sjpecified in appendix-11 of hbp v 1. In case of authorisation for import of tea, minimum value addition under advance authorisation shall be 50%. Similarly, in case of spices (covered by chapter 9 of itc (hs), duty free import of spices shall be permitted only for value addition purposes like crushinggrindingsterilization or for manufactures of oils and oleoresins and not for simple cleaning, grading, re-packing etc. Advance authorisation shall be issued in accordance with policy and procedure in force on authorisation issue date. Advance authorisation for annual requirement advance authorisation can also be issued for annual requirement. Status certificate holder and all other categories of exporters having past export performance (in preceding two years) shall be entitled for advance authorisation for annual requirement. Entitlement in terms of cif value of imports shall be upto 300% of the fob value of physical export and or for value of deemed export in preceding licensing year or rs. 1 crore, whichever is higher.

R s exim is a well trusted fmp consultant based in india. The company offers world class fmp consultancy to the clients. We are blessed with a team of highly qualified and experienced professionals, who provide complete assistance to the clients regarding the legal formalities or the completion of paperwork. As a result, we are a trusted source one can surely rely upon for the best fmp consultancy.

We are specialized in offering world best focus market scheme (fms) services to the clients. The company has made a mark in the market as one of the leading fms consultants in india. We offer fms consultancy to the clients in order to offset high freight cost and other externalities to select international markets. Our team provides proper guidance for enhancing the export competitiveness in international arenas.

GST registration for the Exporter and importer.and GST refund for the input tax.which was paid by the Exporter at the time of purchase the material.

Documentation and on line filing IEC CODE. From on line of the dgft. Iec shall be issued on line only