What is Import Export Code?

IEC registration is required by a person for exporting or importing goods.  All businesses engaged in importing and exporting goods must have an Importer Exporter Code (IEC). Without one, you cannot import or export. You don’t need to be a registered entity to apply for one; you can apply even as an individual. The IEC does not apply to technology and services. 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. IMPORT AND EXPORT CODE

General Features of Import Export Code

  •  All importers who import goods are required to register Import export code and all exporters need this code to obtain the benefits of exports.
  •  IEC code holder does not require filing of any returns.
  •  IEC Code is issued for lifetime and requires no renewal
  •  Even individuals who are proprietors can obtain the code in their name.It is not necessary to setup a  business for the same.

Documents Required for Import Export Code

  • Documents Required for GST Registration

    Documents Required for Fresh IEC

    • Scanned Passport size Photograph (3x3cms) of the Signatory Applicant
    • Copy of PAN card
    • Bank Certificate or cancelled cheque bearing the applicant entities name
    • Address Proof
    • Digital Signature
  • Documents Required for Modification In IEC

    • Document in which changing in IEC made
    • Digital Photograph (3x3cms) of the Signatory Applicant
    • Copy of PAN card
    • Bank Certificate or cancelled bearing the applicant entities name
    • Address Proof
    • Digital Signature
    Documents Required for GST Registration

Import Export Code Application Process

  • Step 1

    Provide us with all the scanned copy of all the requisite Documents online by mail

  • Step 2

    We will check the whether all the documents are complete as required and inform you if any discrepancy

  • Step 3

    Filling of Application Online on IEC Portal and wait for the response of the application

  • Step 4

    Grant of Importer Exporter Code Certificate – If the documents and application filed is in place, then the department shall issue the IEC certificate

Our Prices

Basic

Import Export Code

1999 .

Inclusive of all taxes

Advanced

Import Export Code + Class II digital signature

2699 .

Inclusive of all taxes

Premium

Import Export Code + Class II digital signature + GST Registration

3999 .

Inclusive of all taxes

Frequenlty 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.

No. IEC forms a primary document for recognition by Govt. of India as an Exporter/ Importer

Only one IEC would be issued against a single PAN number. Any proprietor can have only one IEC number and in case there are more than one IECs allotted to a proprietor, the same may be surrendered to the Regional Office for cancellation.

In case of more than one proprietorship firm belonging to one proprietor, they will be indicated as branch offices of the first firm.

NRI has to follow the normal application procedure. In addition permission from RBI/ FIPB is needed in some cases.