New Application for Import Export Code (IEC) Registration

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What is Import Export Code (IEC)?

IEC (Import Export Code) is required for someone trying to kick-start their import / export business in the world. It shall be provided by DGFT (Director General of Foreign Trade). IEC is a 10-digit code that is valid for a lifetime. Predominantly, the importer merchant can not import products without the Import Export Code and, equally, the exporter merchant can not benefit from the DGFT export system, etc. without the IEC.

One such requirement when you are thinking of importing or exporting from India is the IEC (Import Export Code) licence.

There are different categories in which you can receive IEC for a number of reasons, e.g.: if you register in Merchant cum Manufacturer (advisable to register under this category), you can sell as well as manufacture as well as offer services under this category for the export and import of products and services.

Benefits of Import Export Code (IEC) Registration

Avail Several Benefits

On the basis of their IEC registration, the Companies may benefit from many advantages of their imports / exports from the DGFT, the Export Promotion Board, the Customs, etc.

No Need To Renew

The IEC Code is valid for the lifespan of an individual and does not require renewal. When purchased, the entity could be used against both export and import transactions.

Easy To Follow Process

It is quite easy to obtain the IEC code from the DGFT within 10 to 15 days of the submission of the application. There is no need to provide proof of any export or import to obtain an IEC code.

Benefts from Government

Entities are liable for import / export programmes under the DGFT. They can benefit from subsidies from the Customs and Export Promotion Council or related government agencies.

Documents Required For Import Export Code (IEC) Registration

PAN Card

Individual’s, Company’s or Firm’s copy of PAN Card

Address Proof

Rent Agreement or Electricity Bill of the premise, etc.

Cancelled Cheque

Cancelled cheque of current accountwith pre-printed name or Bank Certificate

Registration Certificate

Registration certificate with MoA- AoA / LLP Agreement / Partnership Deed

Register for Import Export Code (IEC) Easily

When We Need IEC Code?

We need IEC (Import Export Code) to kick-start import/export business in the country. It is issued by the DGFT (Director General of Foreign Trade). It is a 10-digit code with lifetime validity.

To Import and Export Goods from India

To Import Services from India

To Clear the Shipment while Importing or Exporting

Frequently Asked Questions (FAQs)

IEC code means Import Export Code. Yes, It is required. Every importer and exporter is required to get IEC code to start Import export from India. Without IEC code, no importer and exporter are authorised to do business.

Yes, It is required.

IEC is issued in electronic form (e-IEC) by Directorate General of Foreign Trade (DGFT) which is under Ministry of CommerceGovernment of India.

 
No, They are not same. PAN of an entity will be used for the purpose of IEC, that is IEC will be issued by DGFT with the difference that it will be alpha numeric (instead of 10 digit numeric at present) and will be same as PAN of an entity.
 
No, IEC is a permanent document issued to the Importer/Exporter only once and the same is not item based. The exporter/importer can venture into any item of Import/Export based on the IEC issued
Get IEC code and proceed to next step. Register with Export Promotional Council (RCMC): RCMC stands for Registration Cum Membership Certificate. Always remember, if you are an exporter of goods, then it is mandatory to register with the export promotional council or with Commodity Board of India.

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