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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.

Benefits of IEC

International Exposure

IEC helps you to tap the international market to grow and diversify your business.

Government Benefits

Government 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.

No annual compliances

There is no annual compliances for IEC holder for use of IEC like return fillings, etc.

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Documents Required for Import Export Code (IEC) Registration

 IEC Code Registration required following things

 Individual Person

 Personal or Company or Firm Pan Card Copy

 Personal aadhar card or voter id or passport copy

 Bank Certificate (In case of Sole-proprietorship)

 Personal or company or firm current bank account cancel cheque copy

 Electricity Bill Copy or Rent Agreement or Sale deed of the premise copy

Steps for IEC Registration:

 Preliminary Requirements

 Provide basic details & documents required for Registration

 Make Payment through Secured Payment Gateway

 Registration

 Application for Import Export Code

 Completion of IEC Registration

 Allotment of IEC

*IEC will be allotted with 10-12 working days subject to the Government processing and approval

Process of IEC Registration:

Day 1:

 Provide basic details & documents required for registration.

Day 2:

 Application for IEC registration.

Day 3-4:

 Allotment of IEC*

*IEC will be allotted with 10-12 working days subject to the Government processing and approval.