Registration Form

Import Export Code Registration - An overview

An Importer Exporter Code is a unique 10-digit code, which is requisite for every import/export business owner in India. The code is issued by the Director-General of Foreign Trade (DGFT), Ministry of Commerce and needs no filing or renewal. IEC is required by importers to clear customs and shipment, and to transfer money to foreign banks. Exporters require IEC to send shipments and receive money from foreign banks. In short, no importer/exporter can operate in India without getting the IEC.

IEC is required in the following situations

  1. When an importer has to clear his shipments from the customs then it’s needed by the customs authorities.
  2. When an importer sends money abroad through banks then it’s needed by the bank.
  3. When an exporter has to send his shipments then its needed by the customs port.
  4. When an exporter receives money in foreign currency directly into his bank account then its required by the bank.

Documents Required for Import Export Code

  1. Copy of PAN Card
  2. Passport size photograph
  3. Copy of Aadhaar Card/ Voter identity card
  4. Authorization letter (In case of Partnership)
  5. Board Resolution/self declaration (In case of Company
  6. Authority from other Directors on letter head (In case of company)
  7. Copy of Partnership deed (In case of Partnership)
  8. Telephone Bill in the name of the Individual (In case of individual)
  9. Cancelled cheque of individual

Benefits of IEC Registration

1

Step 1

Expansion of Business.
2

Step 2

Availing Several Benefits.
3

Step 3

No Filling of returns.
4

Step 4

Easy Processing.

Frequently Ask Questions

Import Export Code or IEC is a 10-digit code that a business or a person needs to import/export goods/services. This code is issued by DGFT (Director General of Foreign trade), Ministry of Commerce and Industries, Government of India. The validity of this code is for lifetime, that is, there is no need to renew it. This code is generated within 5-15 working days after the documents are submitted and all the corrections required are made.

IE Code is not a tax registration. However, certain customs duty may be levied depending on the product.

Once your IEC online registration is done and you receive your import export license, there is no additional compliance you need to make regarding it. Iec registration is a permission you take from Government to import or export.