IEC Registration

IEC Registration An import export code is a unique 10-digit code that is required for every import/export business owner in India.

The IEC code is issued by the Director-General of Foreign Trade (DGFT), Ministry of Commerce, and needs no filing or renewal.

IEC Number is required by importers to clear customs and shipment, and to transfer money to foreign banks.

Exporters require their IEC Code to send shipments and receive money from foreign banks. In short, no importer/exporter can operate in India without getting the IEC Number.

What is IEC?

IEC is a 10-digit license issued by the Directorate General of Foreign Trade (DGFT). It is mandatory for individuals or companies who want to import or export goods/services in or out of India.

Importance of IEC:

  1. Required for customs clearance, foreign bank transactions.
  2. Needed for export incentives (RoDTEP, MEIS, SEIS).
  3. Necessary for eBay, Amazon, Alibaba trading.

IEC & GST:

  1. Now automatically linked with PAN and GST
  2. Once registered, there's no renewal required (but must update every year).

How We Help

  • Complete IEC filing through DGFT portal
  • Link IEC to GST and other registrations
  • Assistance in IEC modifications, revocations, and updates.
FAQs

Frequently Asks Questions

IEC stands for import export code which is a 10 digit number issued by the 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.
Any person/company dealing in international trade of export and import of goods and services need to register for IE code.
IE code is not a tax registration. However, certain customs duty may be levied depending on the product.

No. IEC is a mandatory document for recognition by the 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 and Aadhaar 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.

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