IEC Code Registration
In today’s global economy, businesses need to look beyond their national borders to expand their reach and tap into new markets. One of the key requirements for businesses looking to engage in international trade is obtaining an Import Export Code (IEC) registration.The registration process is entirely online. We Offer hassle-free IEC Code registration service that can be obtained within 1 day.
Pricing Summary
(Professional Fee Rs. 1,499+ Govt fee Rs.500)
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Get Your Import Export Code within 1 day.
- All India Service
- Easy Onlie Process
- 24*7 Hours Customer Support
IEC Code Registration: A Comprehensive Guide
The Import-Export Code (IEC) is a unique 10-digit alphanumeric identification number mandated by Section 7 of the Foreign Trade (1992 Act) in India. . It is essential for anyone looking to start an import-export business in India, as it helps the government monitor and prevent illegal trade activities. . The IEC code application process has been simplified and can now be completed online on the Directorate General of Foreign Trade (DGFT) portal.
What is IEC Code Registration?
IEC Code Registration is a 10-digit identification number issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, Government of India. It is mandatory for any person or entity looking to engage in import/export activities in India. The IEC Code is a unique code that is used by customs authorities to track and monitor international trade transactions.
Why is IEC Code Registration Important?
IEC Code Registration is essential for businesses looking to engage in international trade for several reasons:
- Legal Requirement: It is a legal requirement for businesses engaged in import/export activities to have a valid IEC Code.
- Customs Clearance: The IEC Code is used by customs authorities to clear goods imported into or exported from India.
- Bank Transactions: Banks require the IEC Code to process international payments and transactions.
- Government Benefits: Businesses with a valid IEC Code are eligible for various benefits and schemes offered by the government to promote international trade
IEC Code Registration Fee
(Professional Fee Rs. 1,499+ Govt fee Rs.500)
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Get IEC Certificate within 1 day.
Documents Required for IEC Code
- Pan card of Proprietor
- Aadhar card of Proprietor
- Photograph of Proprietor
- Cancel Cheque or Bank statement of Proprietor or Firm
- Proof of Business Address: Recent Month Electricity bill/ Rent Agreement/Property Tax Receipt/ Sales Deed/ Lease Deed
- GST Registration Certificate – if any
- Business Registration Certificate – In Case of Pvt Ltd, LLP and OPC
How to apply for IEC Code?
Step -1 Documentation
The documents to be uploaded while applying for the IE Code must be prepared, signed and stamped. After that, it needs to be scanned in JPEG or PDF.
Step - 2 Application Filing
Once all documents get collected, we need to fill application form and need to upload scan copy of required documents
Step 3: Payment and verification
After filing of application, make payment of govt fee Rs.500 and after completion of payment, need to verify it through adhaar otp or DSC.
Step 4: Issue of IEC Code
Once verification will get done successfully. Import Export Code Certificate get issued at govt end that you neeed to renew every year. .
Validity of IEC Code
The IEC code registration is permanent and valid for a lifetime. It is valid until the business exists or the registration is revoked or surrendered. . Unlike tax registrations like GST registration or PF registration, the importer or exporter does not require to file any filings or follow any other compliance.
Reactivation of Deactivated IEC
In case of non-updation of the IEC profile, it will be deactivated. A deactivated IEC can be reactivated upon its successful updation. However, reactivation is subject to the condition that any other action should not be taken for violation of A Digital Signature Certificate (DSC) is not compulsory to apply for an IEC. The IEC application can be signed through Aadhaar authentication. DSC has been introduced in IEC to strengthen the IEC issuance and modification processes. Due Date for IEC Code Updation is 30th May.
Apply for Import Export Code
FAQ's on Import Export Code
IEC stands for Import Export code which is a 10 digit number issued by Director General of Foreign Trade, Department of Commerce, Government of India. It is a registration required for traders importing or exporting goods and services to or from India. Under the MEIS Scheme, numerous rewards and incentives are provided to exporters. Such incentives are given to exporters at a prescribed rate which varies from product to product.
Any person/company dealing in international trade of export and import of goods and Services need to register for IE code.
No. IEC is a mandatory document for recognition by Govt. of India as Exporter / Importer of goods and services. However, if the value of goods is too low, the customs authorities may permit first export by imposing nominal charges which is highly unlikely to happen.
Anyone who is acting as sole proprietor of a business can obtain IE code Registration.
To obtain IE code registration, a copy of PAN Card, proof of address of business and constitution of the business [Partnership deed, Incorporation Certificate, etc.,] and a cancelled cheque of the current account is required.
With Setupfiling IEC Registration can be obtained from the DGFT in 1-7working days after submission of all required documents and application form.
As trade is not possible without a valid IEC, the penalty levied may be the pay duty depending upon the quantum of the goods.
No. IEC is a mandatory document for recognition by Govt. of India as exporter/importer. However, if the value of goods is very low, the concerned customs officer may permit the first export (only one time) by imposing penal charges.
Yes, IEC number is reflected in all customs documents related to exports and imports.
IEC is Pan Based Registration so A single business owner can get only one License.
Yes. In order to make changes, you need to raise a request with the DGFT and produce the relevant documents to make the modifications. Some government fee may be charged for the same.
IE code can be cancelled by initiating a formal request to the DGFT online. On receipt of such intimation, the authorities will cancel it electronically.