Import Export Code (IEC) Registration
Import Export Code (IEC) Registration in India
Import Export Code at a glance
IEC is known as many names such as importer exporter code, import export code, import export license, import export number, IE code, IEC license, IE license etc. In simple terms, IEC is a 10 digit code which is provided by DGFT required for import export transactions. You can take IE code in your personal name or company name.
An IEC number issued to applicant shall be valid for all its divisions/ units/ factories/ branches. IEC is valid for lifetime and there is no need to renew the same.
IEC registration is required by a person for exporting or importing goods. It is a 10 digit code which is issued by the Directorate General of Foreign Trade (DGFT). All businesses which are engaged in Import and Export of goods require registering Import Export Code. IE code has lifetime validity. 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.
The IE Code must be quoted by importers while clearing customs. Also, banks require the importers IE Code while sending money abroad. For exporters, IE Code must be quoted while sending shipments. And banks require the exporters IE Code while receiving money from abroad.
Benefits of Import Export Code
Do Export Import Business The first requirement before you start an import/ export business in India is to obtain an IEC. An IEC is necessary for import/export of goods. In case the import/export is of services or technology, IEC is required in only limited circumstances, when import/export is in ‘specified services’ or ‘specified technologies’, i.e. services or technologies in which international trade is restricted by the Government of India as they pertain to national security, such as dealing in nuclear weapons, automatic guns, etc. |
Avail Export Incentice The Companies could avail several benefits of their imports/ exports from the DGFT, Export Promotion Council, SEIS Scheme, Customs, etc., on the basis of their IEC registration. |
Documents requirement for Import Export Code
- Passport Size Photograph (Soft Copy) of applicant (Proprietor/Director/Partner)
- Identity proof of applicant (Proprietor/Director/Partner) (Passport, Driving License, Aadhaar card, Voters id )
- Cancelled Cheque for Support of Bank Details
- PAN card of Company/Firm/LLP/Proprietor…
- AOA and MOA (In case of company)
- Business Address Proof (Utility Bill/Lease Agreement/sales Deed if owned property)
- Certificate of incorporation (In case of company)
- Certificate of Registration (In case of Trust/Society)
- Partnership Deed (In case of Firm)
Our Pricing
e-IEC PAN based registration only
Rs. 2799
Any changes in particular mentioned on Certificate other than PAN
Rs. 3999
Migration into e-IEC PAN based. with/without amendment in details
Rs. 5999
cancellation of IEC
Rs. 7999
above fees inclusive of Govt Fees and maximum 2 branch offices. Rs 500 extra for additional branch office/Units.
Our service package inclusion for Import Export Code Registration
On Successful Submission ‘Ecom Ref. No’ generates and that deliver to client to check status online.
System Generated Registration Certificate issued on same day of Filing the Application. Final Certificate get within 7 days from Department on Email.
Import Export Code Registration Process
Create an Online IEC application => Visit dgft web site at http://dgft.gov.in
=> Click on “IEC Online Application” option.
=> You will be prompted to enter a valid PAN
=> SUBMIT for next stepAdd IEC Master details (Application Form) NOW, NEXT STEP TO CREATE APPLICATION
=> Select “Create” option from the “File” menu. System will
generate and display new “ECOM Reference No.” .
=> On clicking the “OK” button the user is forwarded to the “IEC Master” Screen for feeding Details. Feed the details there Spet by step with ADD Button Options.
=> Add branch details / Directors Details and Choose Regional Authority of DGFT of your business location.Payment of Fee (online) Once Application filed up next step to Pay the fee online Upload Documents After Payment next step upload documents one by one. Submit to Regional Authority Once the application is complete in all respect, then Select Regional Authority (DGFT) and Submit the application.
Important Features of Import Export Code
- EXPORT SCHEME BENEFIT – All importers who import goods are required to register Import export code and all exporters need this code to obtain the benefits of exports.
- NO RETURN FILING – IEC code holder does not require filing of any returns.
- LIFE TIME VALID – IEC Code is issued for lifetime and requires no renewal
- INDIVIDUAL CAN OBTAIN – Even individuals who are proprietors can obtain the code in their name. It is not necessary to setup a business for the same.
- SINGLE CODE – The IEC issued is valid for all the branches or factories of the importer/exporter.
In which cases Import Export Code is Mandatory?
- When an importer has to clear his shipments from the customs then it’s needed by the customs authorities.
- When an importer sends money abroad through banks then it’s needed by the bank.
- When an exporter has to send his shipments then its needed by the customs port.
- When an exporter receives money in foreign currency directly into his bank account then its required by the bank.
Why StartupSaarthi?
One-stop solution: From idea to incorporation, funding, legal, accounting, and marketing – we handle it all.
Expert network: Get qualified guidance from lawyers, accountants, and marketing specialists.
Hassle-free & affordable: Streamlined process, competitive pricing, and personalized support.
Proven success: We help businesses of all sizes achieve their goals.
Choosing StartupSaarthi means choosing a partner who is dedicated to your success. We are here to help you every step of the way, from ideation to incorporation and beyond.
Join thousands of successful entrepreneurs
Get My Weekly tips on how to get ahead
At Startup Saarthi, we’re more than just consultants; we’re your ultimate business companion. Our seasoned team of experts is here to guide you through every stage of growth, from ideation to scale.
Useful Links
Subscribe Now
Don’t miss our future updates! Get Subscribed Today!
