I am a new eBay.in seller and have heard many a times about Importer Exporter Code (IEC for short) on this board. I have some very common questions about it :-
1. What is an Importer Exporter Code? (i.e. is it an I-Card, or a plain document or just a simple number )
2. What are the benefits of IEC ? (i.e. facilitates custom clearance, provides duty free import and export or something like that etc. etc.)
3. How do we use IEC ? (i.e. do we have to mention it in customs form, or write it on the envelope etc. etc.)
4. What are the basic procedures for shipping internationally ? (i.e. go to the Post Office with your parcel/envelope, then what ?)
5. What custom forms should be filled and where to get them from ?
6. Is Speed Post the best method for shipping internationally and what does it cost and what time it takes to ship to US or Europe ?
7. Can an Individual apply for an IE Code or only a Company/Firm can apply for it?
