Import & Export-Related Services

🔹 IEC & ICEGATE Registration

• Applying for new IEC & ICEGATE from DGFT (mandatory for import/export)

• Making amendments or cancellations

• Advisory on when IEC is not required (services, personal use, etc.)

🔹 GST Compliance on Imports/Exports

• IGST on imports under Customs

• LUT/Bond filing for export without payment of IGST

• Reconciliation of GSTR-1 vs Shipping Bills for exports

• Refund application for unutilized ITC on exports (inverted duty)

🔹 Customs & Regulatory Compliance

• Advisory on customs duty structure, HSN codes, and valuation

• Support in filing Bill of Entry (BOE) or Shipping Bill

• Review of duty drawback eligibility and documentation

• Coordination with CHA (Customs House Agents)

🔹 Foreign Exchange (FEMA) Compliance

• Advisory on FEMA rules for imports/exports

• Filing and certification of Form 15CB (CA certificate) for foreign remittance

• Filing Form 15CA online with Income Tax Department

• Monitoring of realization of export proceeds (as per RBI timelines)

🔹 Export Incentives & Benefits Advisory

• Guidance and documentation for claiming:

  • Duty Drawback

  • MEIS/SEIS (under Foreign Trade Policy) (if still available)

  • RoDTEP/RoSCTL incentives

• Assistance in DGFT application filing

• Advisory on SEZ benefits, EOU setup, Advance Authorization scheme

🔹 Accounts, Audit & Reporting

• Maintenance of export/import books & records

• Export turnover reporting in financials

• Preparation of audit reports for duty exemption or incentive schemes

• Certification for export turnover, foreign inward remittance, etc.

🔹 Banking & RBI Documentation

• Certification of export proceeds for:

  • eBRC (electronic Bank Realization Certificate)

  • SOFTEX forms (for software exporters)

  • Foreign Inward Remittance Certificate (FIRC)

• Forex conversion rate advisory

• Verification and reporting under ODI/FDI/ECB regulations

🔹 Tax Planning & Advisory

• Advisory on GST refund, TDS on import payments

• Capital goods import under EPCG license (Export Promotion Capital Goods)

• Income tax implications of export profits (e.g., 80HHC in earlier years, transfer pricing for group transactions)

🔹 Startup & MSME Exporter Support

• Registration under Startup India and Udyam/MSME

• Helping new exporters setup export documentation processes

• Budgeting and cost analysis for export pricing

🔹 Representation & Litigation Support

• Handling GST or customs notices relating to exports/imports

• Support during audits or scrutiny by DGFT, GST, RBI, or Customs

• Drafting replies to show cause notices or demand orders