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Import Export Code

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About The Import Export Code
Roshan Singh

The Import Export Code (IEC) is a 10-digit unique identification number issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industries, Government of India. It is mandatory for businesses and individuals engaged in importing or exporting goods and services from India. IEC registration simplifies and streamlines international trade by reducing paperwork and enhancing transparency. This page provides an overview of the IEC registration process, its benefits, prerequisites, and deliverables, as well as answers to frequently asked questions.

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Benefits

IEC registration ensures businesses comply with the legal requirements for importing and exporting goods and services in India. .

Businesses with an IEC can access global markets, leading to increased business opportunities and revenue growth. .

IEC registration reduces paperwork and simplifies the customs clearance process for importers and exporters. .

Registered businesses can avail various government schemes and benefits related to foreign trade, such as export promotion schemes and duty drawbacks. .

Steps

Determine whether the business or individual is involved in import or export activities and requires IEC registration.

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Collect all necessary documents and information, such as PAN, bank account details, and address proof.

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Access the DGFT website and fill out the online IEC application form (ANF 2A) with the required details.

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Pay the IEC application fee through the available online payment modes

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Submit the application form and required documents. The DGFT will review the application and verify the submitted information.

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If the application is approved, the DGFT will issue a unique 10-digit Import Export Code.

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Requisties

  • Valid email address and mobile number

  • Valid Permanent Account Number (PAN)

  • Bank account details (Bank statement or canceled cheque)

  • Address proof of business location

  • Digital signature (optional, in some cases)

  • Passport size photograph

Deliverables

  • Unique 10-digit Import Export Code (IEC)

  • IEC Registration Certificate

  • Access to DGFT online portal for IEC-related services

  • Eligibility for government schemes and benefits related to foreign trade

Frequently Asked Questions

Any person who intends to import or export goods and services from or to India must obtain Import export Code, one can apply ie code online and get their IE code certicicate or IE code license online. .

No, tax is not levied on Import Export Code. However, custom duty maybe levied. Custom duty depends to the category of the products imported or exported. This can be found at the custom departments’ website. .

After submitting all the requisite documents IEC is typically allotted by DGFT in 5-10 days. It is not necessary to show proof of any import or export to obtain IE Code. Now a days, as IEC can we partially applied online with the help of digital signature, IEC can be obtained in less than a week. .

If you have taken IEC Certificate in new process e-IEC online, then you can download your certificate any time by login into the IEC portal with your username details. But if you had taken your IEC in physical process, you have to re-apply for e-IEC with all the documents and DGFT will provide you certificate in new online format. .

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 .

If you or a company wants to modify any details in IEC license, then you can do it online in your IEC application. IEC modification required resubmitting the application with the DGFT once again with all the required documents. Also, IEC modification fee needs to be submitted with the department. .

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