Import Export Code (IEC) Registration
Complete all process with in 10 days.
Import export code (IEC) Registration
IEC Code is unique code provided to every Importer and Exporter. IEC code is a 10 Digit Code. IEC Code is must for every business that is in import and export. IE Code stands for Import Export Code. It is required for any person importing or exporting goods and services to or from India.
IEC is issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industries, Government of India. Importers are not allowed to proceed without this code and exporters can’t take benefit of exports from DGFT, customs, Export Promotion Council, if they don’t have this code.
Documents For Individual/ Proprietor/ Partner/ Director
- Copy of PAN Card
- Passport size photograph
- Copy of Aadhaar Card/ Voter identity card
- Authorization letter (In case of Partnership)
- Authority from other Directors on letter head (In case of company)
- Copy of Partnership deed (In case of Partnership)
- Board Resolution/self declaration (In case of Company)
- Telephone Bill in the name of the Individual (In case of individual)
- Cancelled cheque of individual
Documents For Entity
- Copy of PAN Card firm/company
- Copy of Property papers (If owned property)
- Copy of Rent agreement (If rented property)
- Landlord NOC (Format will be provided by us)
- Cancelled cheque of firm
- Electricity/ water bill (Business Place)
- Telephone Bill in the name of the business
- Copy of Service Tax returns (In case of Proprietorship)
- Certificate of incorporation (In case of company)
- Bank statement of firm/company
- AOA and MOA (In case of company)
Import export code (IEC) Registration
Importers Require IE Code
All Importers who import goods into India require an IE Code. The IE Code must be quoted while clearing customs. Also, banks require the importers IE Code while sending money abroad.
Exporters Require IE Code
All Exporters who export goods or services from India require an IE Code. The IE Code must be quoted while sending shipments. And banks require the exporters IE Code while receiving money from abroad.
Lifetime - NO Renewal
IE Code is issued for the lifetime of the entity and requires no renewal. So once a IE Code is obtained, it can be used by that entity for all its import or export transactions without any further hassles.
No Return Filing
IE Code does not require the filing of any return. Once, an IE Code is issued there are no further procedures required to maintain validity of the IE Code. Even if import or export transactions occur, there are no filings required to DGFT.
Proprietors can have IE Code
Even individuals who are proprietors of a business can obtain IE Code in their name. It is not necessary to incorporate a business entity for obtaining IE Code.
IE Code can easily be obtained from DGFT within 10-15 working days after submission of the application along with all the necessary information. It is not necessary to show proof of any import or export to obtain IE Code.
Validity of IEC
An IEC number allotted to an applicant shall be valid for all its branches / divisions / units / factories. IEC is valid for ever and no need to renew the same.
Duplicate copy of the IEC
If original IEC, issued in format Appendix 18B, is lost or misplaced, issuing RA may consider request for grant of a duplicate copy of the IEC in the same format Appendix 18B, based on an affidavit.
Surrender of IEC
If an IEC holder does not wish to operate allotted IEC number, he may surrender the same by informing issuing authority. On receipt of such intimation, issuing authority shall immediately cancel it and electronically transmit it to DGFT and Customs authorities.
How to submit IEC Code application
Application can be submitted in person/by Authorised representative of the Company at the R & I counters in the regional offices of DGFT or it can be sent by post/courier.
Processing of IEC Code Application
In many offices there is counter assistance who assist in filing correct IEC application. Please take assistance of PRO also. It is better to file application by self and no need to approach any consultant. It is simple procedure and not complicated. In case of difficulty, one should not hesitate to contact higher officials. Even head of office. They are more than willing to help new exporters.
Issue and Despatch of IEC Code
IEC allotment letter is sent through post at the registered office mentioned by the applicant in the application. Similarly deficiency letters are send by post or if application is through counter assistance system, they are hand delivered.