How to Get an Import Export Code (IEC) for Your Business

Import Export Code: A Guide to Getting Started

If you're looking to start importing or exporting goods to or from India, one of the first things you'll need is an Import Export Code (IEC). The IEC is a 10-digit code issued by the Directorate General of Foreign Trade (DGFT) that serves as a unique identification number for businesses engaged in import or export activities. In this blog, we'll take a closer look at what the IEC is, why it's important, and how to apply for it.

What is an Import Export Code (IEC)?

An Import Export Code (IEC) is a registration required for businesses engaged in importing or exporting goods to or from India. It's a 10-digit code issued by the DGFT that serves as a unique identification number for businesses engaged in import or export activities.

Why is an IEC important?

An IEC is an essential requirement for any business looking to engage in import or export activities. Without an IEC, you won't be able to import or export goods to or from India, which could severely limit your business opportunities. Additionally, an IEC is required for several other purposes, such as opening a bank account, obtaining licenses and permits, and availing of various benefits under foreign trade policy.

How to apply for an IEC?

The process of applying for an IEC is relatively simple and can be completed online through the DGFT website. Here are the steps to follow:

Step 1: Visit the DGFT website and select the “Online IEC Application” option.

Step 2: Fill out the online application form with the necessary details, such as your business's name, address, and contact information.

Step 3: Upload the required documents, such as PAN card, GST registration, bank certificate, and identity proof.

Step 4: Pay the required fee and submit your application.

Once your application is submitted, you'll receive a reference number that you can use to track the status of your application. If your application is approved, you'll receive your IEC within a few days.

In conclusion, obtaining an IEC is an important step for any business engaged in import or export activities. It's a relatively straightforward process that can be completed online through the DGFT website. If you're looking to start importing or exporting goods to or from India, make sure to obtain an IEC before you begin your activities.