IEC, EPCG and FEMA compliance for international trade

Any business trading internationally needs an Import Export Code at minimum, with EPCG or Advance Licenses for duty-free imports and annual FEMA/FLA returns.

Key requirements

• Import Export Code (IEC) (Registration) — The single mandatory registration for any cross-border trade, issued by DGFT.
• EPCG / Advance Authorisation (Licence) — Duty-exemption schemes for capital goods or inputs used in export production.
• FEMA & FLA annual return (Compliance) — Mandatory annual filing with RBI for any entity with foreign assets or liabilities.
• GST LUT filing (for exporters) (Compliance) — Lets exporters ship goods/services without paying IGST upfront, avoiding refund delays.