IEC issuance for branch offices requires regulatory establishment permission and specific import/export authorisation before licensing application. A branch office of a foreign company may be issued an IEC number only if the branch was opened in India with prior regulatory establishment permission under the foreign exchange establishment regulations and has been authorised by the monetary regulator to undertake import or export business; where those conditions are met the branch shall apply to the jurisdictional licensing authority with the necessary supporting documents.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
IEC issuance for branch offices requires regulatory establishment permission and specific import/export authorisation before licensing application.
A branch office of a foreign company may be issued an IEC number only if the branch was opened in India with prior regulatory establishment permission under the foreign exchange establishment regulations and has been authorised by the monetary regulator to undertake import or export business; where those conditions are met the branch shall apply to the jurisdictional licensing authority with the necessary supporting documents.
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