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Import Export Code – IEC

Import Export Code Registration - IEC Code

The Import Export Code (IEC) is a vital business number which is compulsory for Exports or Imports. No one can make any import or export apart from under an Import Export Code granted by the DGFT only. In circumstance of important or export of services or technology, IEC number is that the same because the PAN of the firm, the IEC shall be required only when the Product, Service or Skills (Technology) provider is taking benefits under the Foreign Trade Policy or is dealing with specified Product, Services or Skills (Technology).

IEC Code Format:

Import Export Code is a unique 10-digit code allotted by DGFT – Director General of Foreign Trade only.

IEC is also known as IEC Code Import/Export License Number, Import/Export License, Import/Export Code, Import License, Export Number, etc.

What is import & export code or license?

Import-Export Code (IEC) or Import-Export License 10-digit code issued by DGFT office in India. Registration of the IEC code is mandatory for all export and import companies to conduct import and export business legally.

Import Export Code

Import Export Code Registration Process

The Import and Export Code (IEC) is a mandatory registration for those engaged in import and export activities. To get the IE code, create a form asking for input and output of the code and attach the required documentation. After attaching the necessary documents, submit the application at the General Department of Foreign Trade (DGFT). The Service of the Directorate General of Foreign Trade (DGFT) reviews your documents and records. If repairs are needed, resubmit the request. You must then respond within 15 days of making the request. Otherwise, the request from the department will be denied. Once the application is submitted to the DGFT department after all the process, the IE code will be issued within 7 to 10 working days.

The IEC code is displayed for life. That is, there is no validity period. In other words, units with IE codes do not need to renew their licenses because they have a long validity period. And there is no need to resubmit.

IEC Registration Documents

Import Export Code Registration Documents list

IEC code For Individuals / Proprietorship

  • PAN Card
  • Aadhar Card / Voter ID / Passport / DL
  • Cancelled Cheque of Current Account
  • Banker Certificate
  • Passport Size Photo 2
  • Office Address Rental Agreement or Electricity Bill Copy
  • Covering Letter on your company’s letter head
  • Every page of the application has to be signed by the applicant

IEC code For Company / LLP / Partnership

  • Pan Card of Institution
  • Pan Card of Authorized Person
  • Authorized Person Aadhar Card / Voter ID / Passport / DL
  • Passport Size Photo
  • Cancelled Cheque of Current Account
  • Bankers Certificate
  • Company Address proof (Rental Agreement or Electricity Bill Copy)
  • Covering Letter on your company’s letter head
  • Every page of the application has to be signed by the applicant.

Benefits Of Import Export License

  • Your Business Presence will increase from Domestic Market to International Markets
  • Life time Validity and Renewal not required
  • Simple Documentation
  • You can be a Service provider, Manufacturer and Goods Trader
  • More Business and Network to grow your Business Identity in global market
  • Very Less time and initial Cost to start Import / Export Business
  • No Compliance
  • No Annual Maintenance
  • Subsidies, Intensives through Import Export Promotion Scheme (Foreign Trade Policy (FTP))

It is better to consult Import Export Consultants before taking own decision, they can process your application to get it in a hassle free method.

Why VSK & Co for Import-Export Code Registration?

We guarantee full focus to you, when you pick us for Import-Export Code Registration. Our Import-Export Code Consultants guarantees that your work is done with precision and detail. Our Own Processing method is planned in a manner to give following to every customer about their work status and henceforth guarantees fast finish of assignments. Our accomplished care staff will help you at each phase of your work and exhort you any place required.

We’ve IPR consultants’ team to handle Trademark, Patent and other aspects of IPR related services and also ISO Certification Consultation, if you are planning to expand your small firm into company OR any other format in the companies Act, our Corporate Lawyers will help you out, grow as per your capabilities and strengths.

Our Firm functioning and Serving in several aspects of Legal services. You can get very choosy solution for your business legal requirements to build and reach heights of your desire.

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IEC is that the abbreviated sort of Import Export Code.. Every person who desires to undertake the import and export activity in India is required to obtain this license. Though, it is not compulsory for the importers to do so. One important thing to be noted here is that if the importers don’t obtain the IEC they won’t be ready to claim the advantages also.

Every authentic person/company who is starting a venture for international trade is required to get Import Export Code.

Through IEC companies can avail various benefits on their exports/ imports from DGFT, Customs, and Export Promotion Council etc.

Once we receive the  IEC number is valid for lifetime, and renewal is not required for it.

No, the government divisions are not mandatory to acquire the Import Export Code as they are provided with the fixed number which they can estimate for undertaking the mandatory transactions.