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What is FIEO stands for?

Jeremy Anderson

What is FIEO stands for?

Federation of Indian Export Organisations
About FIEO. The Federation of Indian Export Organisations represents the Indian entrepreneurs spirit of enterprise in the global market.

What are the benefits of FIEO?

What are the Benefits of FIEO Registration?

  • Global Exposure. FIEO registration gives the exporters a proper guidance related to international exposure.
  • Guidance Via Online Chat.
  • Free Online Business.
  • Subsidy On Air Travel.
  • Easy And Affordable Credit Rating.
  • Compliance with the Government.
  • Updates from FIEO.

Is FIEO A Export Promotion Council?

For registration purposes, FIEO has been recognized by the Government as an Export Promotion Council. An exporter desiring to obtain an RCMC, has to declare his main line of business in the application made to the Export Promotion Council relating to that line of business.

Is FIEO mandatory?

FIEO Registration is the mandatory requirement for every exporter in our country through which they can start and continue their international trading.

What is IEC number in FIEO?

IEC is a unique 10 -digit alpha numeric code issued on the basis of PAN of an entity. 2 Why is IEC required? To import or export in India, IEC Code is mandatory. No person or entity shall make any Import or Export without IEC Code Number, unless specifically exempted.

Is apeda registration mandatory?

With respect to the export of scheduled products, APEDA registration is mandatory. Exporters can avail the various financial assistance schemes of APEDA. Registered members can participate in training programmes organized by APEDA for various scheduled products and thereby improve their business.

Is Rcmc compulsory?

The commerce ministry has made it mandatory for exporters to file registration-cum-membership certificate (RCMC) applications through a common digital portal, a move aimed at promoting ease of doing business for the trading community.

Is Rcmc mandatory for import?

Hence, no import or export can enter or leave India without the IEC number of the owner unless it is specifically exempted. Therefore, both IEC with RCMC is required for importing products although it is not mandatory but the person can only avail the benefits if he has both IEC with RCMC.