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8/12/2019 Issuance of IRC and ERC
1/3
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
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8/12/2019 Issuance of IRC and ERC
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