Issuance of IRC and ERC

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  • 8/12/2019 Issuance of IRC and ERC

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    Issuance of IRC and ERC

    Now an importer having Import Registration Certificate (IRC) and an

    Exporter having Export Registration Certificate (ERC) can Import & Export any

    permissible item without any value and uantity restrictions and without obtainingany permission from any authority!

    "rocedure for issuance of Import Registration Certificate and Export

    Registration Certificate has been simplified! It reuires only the following

    documents#

    (i) $rade %icence

    (ii) 'embership Certificate from recognied Chamber$rade *ssociation(iii) $ax Identification Number

    (iv) +an, Certificate(v) 'emorandum and *rticles of *ssociation and Certificate of

    Incorporation (in case of %imited Company)!

    -n submission of the above documents. we issue IRCERC within three

    hours. i!e! within the same day!

    $he importers have been classified into / (six) categories on the basis of

    their value ceiling of overall annual import! $he initial category wise

    registration fees and annual renewal fees are as under#

    Category Value Ceiling of annual

    import

    Initial

    Registration fees

    Annual

    renewal fees

    0irst $,! 1.22.222 $,! 1.222 $,! 3.2224econd $,! 51.22.222 $,! 62.222 $,! /.222$hird $,! 12.22.222 $,! 67.222 $,! 62.2220ourth $,! 6.22.22.222 $,! 32.222 $,! 61.2220ifth $,! 1.22.22.222 $,! 81.222 $,! 55.2224ixth *bove $,! 1.22.22.222 $,! /2.222 $,! 32.222

    Exporters shall pay registration and renewal fees at the following rates #9

    Initial registration fees Renewal fees

    Exporter $,! :.222!22 $,! 1.222!22

    Indentor $;! 82.222!22 $,! 52.222!22

    AvBAviwm Ges BAviwm Rvwi

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