Import-Export Code Registration

What is import-export code?

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.

Considering the recent trends in the business sector, a gradual shift of businesses is observed from the local market to the international market. To spread reach and conquer the international market, the import and export activities are undertaken which further requires the Import Export Code.

Documents required for the import-export code?

For the Proprietorship Firm:-

• Aadhaar Card

• Pan Card

• Passport Size Photo

• Sale Deed / Property Tax Paid Receipt / Society Maintenance Receipt / Electricity Bill / Telephone Bill / Water Bill [Any - 1]

• Rent Agreement If the property is rented

• Bank Certificate as per ANF 2A (I) / Cancelled Cheque bearing preprinted name of the applicant entity and A/C No.

For the Partnership Firm:-

• Pan Card of The Partnership Firm

• All The partners Id & Address Proof

• Partnership Deed

• Passport Size Photo

• Sale Deed / Property Tax Paid Receipt / Society Maintenance Receipt / Electricity Bill / Telephone Bill / Water Bill [Any - 1]

• Rent Agreement If the property is rented

• Bank Certificate as per ANF 2A (I) / Cancelled Cheque bearing preprinted name of the applicant entity and A/C No.

For the Government Undertaking / Public Companies / Private Limited Companies / Section 25 Companies:-

• MOA/AOA of The Company

• Certificate of Incorporation

• Directors Id (List of Directors) With Address Proof

• Copy of Resolution

• Pan Card of The Company

• Passport Size Photo

• Sale Deed / Property Tax Paid Receipt / Society Maintenance Receipt / Electricity Bill / Telephone Bill / Water Bill [Any - 1]

• Rent Agreement If the property is rented

• Bank Certificate as per ANF 2A (I) / Cancelled Cheque bearing preprinted name of the applicant entity and A/C No.

For the Society or Trust:-

• Copy of Establishment

• List of Trustees

• Resolution of The Society / Trust

• Passport Size Photo

• Sale Deed / Property Tax Paid Receipt / Society Maintenance Receipt / Electricity Bill / Telephone Bill / Water Bill [Any - 1]

• Rent Agreement If the property is rented

• Bank Certificate as per ANF 2A (I) / Cancelled Cheque bearing preprinted name of the applicant entity and A/C No.

For the HuF:-

• PAN card of the HuF

• All members Id & Address Proof

• Passport Size Photo

• Sale Deed / Property Tax Paid Receipt / Society Maintenance Receipt / Electricity Bill / Telephone Bill / Water Bill [Any - 1]

• Rent Agreement If the property is rented

• Bank Certificate as per ANF 2A (I) / Cancelled Cheque bearing preprinted name of the applicant entity and A/C No

Procedure for the import-export code?

Fill Online Application Form

Import-Export Code Fee Payment

Get Import-Export Code on Email

Benefits of having import-export code?

• International Exposure - IEC Code helps you to grow your business from local market to international market and expand your product or service across the global.

• Government Benefits - Govt. of India always promote the export activity in India so through IEC Code Registration you can avail all the export scheme benefits from DGFT, Customs and Export Promotion Council.

• No Renewals - IEC Code issued by the DGFT for the lifetime validity so you have not required renew every year so its a just one time cost of the registration.

• No Annual Compliance - IEC Code have no annual compliance like returns filings etc. Even you have not show anywhere the transactions.

• Individual Person - IEC Code can be obtain by the individual person also, they have not required to register the legal entity.

• Export Subsidies - On the basis of IEC, companies or firms can benefits and subsidies their exports/ imports from DGFT, Customs and export promotion council.

Frequently Asked Questions (FAQs)

What is Import Export Code?

Import Export Code more commonly known as IEC is a ten digit code number. It is given to an Importer or Exporter by Director General of Foreign Trade, Ministry of Commerce and Industries, Government of India. Any Entrepreneur who wishes to import something to India or export something from India requires an import export code. It has a permanent validity. There are certain benefits of this code. Though exporters need not necessarily apply for this code, however, they will miss out the otherwise provided benefits. Also, RBI is now making the mention of IEC code mandatory in bank account.

This code generally comes in play when you decide to expand your business globally. Code can be obtained on your name(in case of proprietorship) or on your company’s name. To register Import Export Code a proper procedure is followed. This registration is governed by The Foreign Trade Act, 1992.

However, obtaining a code doesn’t permit you to start importing or exporting. A License and other documents are also required. IEC code is just a requirement which provides certain benefits.

Tax is levied based on IE Code?

No. IE Code is not a tax registration. So no tax is levied based on IE Code during import or export of goods or services. However, customs duty maybe levied.

Who can obtain IE Code?

Any person who proposes to import or export goods and services from or to India must obtain IE Code. Moreover, individuals acting as Proprietors of a business can obtain IE Code Registration.

What is the penalty for not having IE Code?

IE Code is not a mandatory registration, only importers and exporters of goods or services must have IE Code. Therefore, there is no penalty for not having IE Code; however, import / export will not be possible without an IE Code.

Filing of Return is necessary if I obtain IE Code?

No. Returns need NOT be filed for IE Code.

What is the validity of IE Code?

IE Code is valid for a lifetime. No renewal is necessary.

How can I get a duplicate IEC Certificate ONLINE?

Click on above given link button for retrieve IEC.

Note: if you had taken your IEC in physical process then you will have to re-apply for e-IEC with all the documents and DGFT will provide you certificate in new online format.

What is the time taken to acquire Import Export Code?

After submitting all the requisite documents IEC is allotted within 1 Hour.

Who is not required to obtain IEC?

You will not need an IEC code under the following cases :

• Person exporting or importing goods for personal use and not for activities related to business.

• Persons exporting or importing goods to/from Nepal or Myanmar through Indo-Myanmar border areas, a value of which does not exceed Rs.25,000/- in a single assignment.

• Ministries or departments of central government do not require obtaining IEC.

How do I modify my IEC license?

Click on above given link button for modification of IEC.

Note: if you had taken your IEC in physical process then you will have to re-apply for e-IEC with all the documents and DGFT will provide you certificate in new online format.

In which cities does ClickDocs provide IEC registration?

ClickDocs provides IEC application services across India in all cities. We have done IEC registration in Mumbai, Delhi, Gurgaon, Noida, Bangalore, Chennai, Hyderabad, Ahmedabad, Kolkata, Surat, Pune, Jaipur, Lucknow, Kanpur, Nagpur and other Indian cities.

Is PAN Number/PAN card essential?

Yes, PAN is mandatory. 

Can IEC be hand delivered/over the counter?

No, IEC will be issued in digital format only.

How many days are required to send the data to customs?

The data is automatically transmitted electronically on the day of issue of IEC.

Are there any hidden charges after I take any of your service?

No Hidden charges.

Why should I choose ClickDocs for IEC registration?

ClickDocs is one of the best online service portals to help companies register IE Code in India. We have 10 years of experience in application of IE Code. ClickDocs's network in India with 2000+ customers for IE Code.

Can 2 IEC be issued against one PAN?

No.

Is IEC used by Custom department?

Yes, Based on IEC and PAN, Customs generate BIN (Business Identification Number).

How to cancel the IEC?

Click on above given link button for cancelletion for IEC.

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