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.

Benefits of IEC Code

  1. The IEC registration helps traders including online e-commerce operators open the doors to venture into the global market
  2. Businesses can avail government schemes like the Merchandise Export from India Scheme (MEIS), the Service Export from India Scheme (SEIS), and others from customs and export promotion
  3. No compliance requirements post registration and hence maintaining the business is relatively simple
  4. The process of obtaining IEC Code is not tedious and can be obtained with minimal, basic documents.

How to Register for an IEC License Online?

The process for registering an IEC license online in India is relatively simple and can be completed in a few steps. Here's how to register for an IEC license online in India:

  1. Visit the Directorate General of Foreign Trade (DGFT) website, which is the official website for IEC registration in India
  2. If you are a new user, click on the ‘Register’ button and create a new account by providing your basic details such as name, email address, and phone number
  3. Once you have registered, log in to the DGFT website using your registered email ID and password
  4. Click on ‘Online IEC Application’ On the homepage of the DGFT website, click on the ‘Online IEC Application’ button, which will redirect you to the IEC application form
  5. Fill in the online IEC application form with all the required details such as the name and address of the firm or individual, PAN number, bank account details, and contact information and the required documentation
  6. Pay the IEC application fee online through internet banking, debit card, or credit card
  7. Once you have filled in the application form, uploaded the necessary documents, and paid the application fee, review the application and click on the ‘Submit’ button
  8. After submitting the IEC application, you can track the status of your application online. Once the IEC is issued, you will receive an IEC certificate on your registered email ID.

Documents Required for Import Export Code Registration

Eligibility to Get IEC Code

Any type of business registration: sole proprietorship, partnership, private limited companies, charitable organizations dealing with import and exports in India can register for import export code, irrespective of the size. However, an IEC Number is not required for import/export of goods for personal use, which are not connected with trade, manufacture, or agriculture. There is no need for a business set up.

Exemption of Import Export Code

  • Persons undertaking Import and Export in India for personal reasons and not connected to trade, agriculture and manufacture
  • The parties/individuals who import/export goods to/from Nepal and Myanmar with single consignment must not exceed the value of ₹25,000 through Indo-Myanmar border areas and China (via Namgaya Shipkila, Gunji, and Nathula ports)
  • As listed in appendix - 3, schedule 2 of ITC, exemption from obtaining IEC Code shall not be applicable for export of materials, organisms, special chemicals, equipments & technologies (SCOMET)
  • Ministries/departments of central and state governments.
S.No Code Number Categories of Importers / Exporters
1 0100000011 All Ministries / Departments of Central Government and agencies wholly or partially owned by them.
2 0100000029 All Ministries / Departments of any State Government and agencies wholly or partially owned by them.
3 0100000037 Diplomatic personnel, Counselor officers in India and officials of UNO and its specialised agencies.
4 0100000045 Indians returning from / going abroad and claiming benefit under Baggage Rules.
5 0100000053 Persons / Institutions / Hospitals importing or exporting goods for personal use, not connected with trade or manufacture or agriculture.
6 0100000061 Persons importing/exporting goods from/to Nepal
7 0100000070 Persons importing/exporting goods from/to Myanmar through Indo-Myanmar border areas
8 0100000088 Ford Foundation
9 0100000096 Importers importing goods for display or use in fairs/exhibitions or similar events under provisions of ATA Carnet. This IEC number can also be used by importers importing for exhibitions/fairs as per Para 2.29 of HBPv1.
10 0100000100 Director, National Blood Group Reference Laboratory, Bombay or their authorised offices.
11 0100000126 Individuals / Charitable Institution / Registered NGOs importing goods, which have been exempted from Customs duty under Notification issued by Ministry of Finance for bonafide use by victims affected by natural calamity.
12 0100000134 Persons importing/exporting permissible goods as notified from time to time, from/to China through Gunji, Namgaya Shipkila and Nathula ports, subject to value ceilings of single consignment as given in Para 2.8(iv) above.
13 0100000169 Non-commercial imports and exports by entities who have been authorised by the Reserve Bank of India (RBI).
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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