Import Export Code
(IEC)
Registration
The Government of India Ministry of Commerce and Industry, through the Directorate General of Foreign Trade (DGFT), issues a ten-digit Import Export Code (IEC). To import or export products and services from India to other nations, or vice versa, is mandatory for companies and individuals. What IEC registration comprises is summarized as follows:
Served Over 8000 Startups and MSMEs
4.6/5 Google Review
A policy of 100% satisfaction guaranteed
INTRODUCTION
What is Importer Exporter Code?
A steady transition of firms from the local to the global market is noted, taking into account current developments in the business sector. Import and export operations are carried out in order to expand reach and dominate the global market, which necessitates the use of the Import Export Code.
A unique 10-digit identifier known as the “Import Export Code” is given to corporate organizations that permit imports and exports. The candidates receive their code from the Directorate General of Foreign Trade (DGFT).
Online registration for an IEC code is good for a lifetime and only has to be done once. With the help of a few papers, the online IEC application procedure has made the registration process for import export codes easier.
ADVANTAGES
Advantages of Importer Exporter Code
Global Markets at Fingertips
Importing or exporting products or services into a foreign market is prohibited unless the firm is in possession of an IEC. It is essential for expanding the business's reach and breaking into foreign markets. One may easily extend their business and provide their goods or services on a worldwide scale using IEC.
Simple Processing
The online Import-Export license application makes the entire process of applying for an importer exporter code straightforward and trouble-free. The importer exporter code may be obtained in about three to four working days. After uploading the necessary papers and paying the price, the applicant can obtain the e-IEC right away via the link in the email.
Compliance-free
After obtaining the import-export code, there are no further adaptational formalities required. The IE code holder also does not have to adhere to any form of yearly filing or return filing requirements, unlike other tax registrations. Additionally, there is no need to renew the code because it is valid indefinitely.
Government benefits
Numerous government programs are available to importers and exporters. The entities' import/export is eligible for the DGFT schemes. The Export Promotion Council and Customs can provide them with subsidies, as can other comparable government agencies.
A LIST OF DOCUMENTS
Documents required for Import Export code registration
PAN Card
A scanned copy of the applicant's or the business's PAN card
Address Proof
Sale deed, rent agreement, most recent electricity bill, and applicant's phone bill
Cancelled Cheque
A current account canceled check with the entity's name preprinted on it or a bank certificate in form ANF-2A(i)
PAN card of Director or Partner
The director's or partner's PAN card is required for the corporation or partnership.
Certificate of Registration
Entity must provide the partnership deed, the MoA-AoA / LLP Agreement, and the registration certificate, if applicable.
Do you require help? Fear not—experts are on hand to assist!
Dial : 7060840732 | 9084890415 or send an email to support@rsrindia.com
to reach us.
When is IEC code required?
Regarding India's Import and Export of Goods
Regarding the Import and Export of Indian Services
In order to process the shipment for an import or export
Obtain IEC in 3 Simple Steps
1. Respond to Quick Questions
- Our questionnaires take less than ten minutes to complete.
- Give the essential information and paperwork needed to convert a proprietorship to a partnership.
- Pay using a safe and secure payment gateway.
2. Experts are Here to Help
- Dedicated Relationship Manager
- preparing and submitting an IEC application
- Distribution of IE Code
3. You get the IE Code
- All it takes is 3-4 working days*
Process for IEC registration
Day 1
- Give the Necessary Documents
Day 2 - 3
- Drafting and preparation of Application
Day 4 onwards
- submitting an online application to DGFT for IEC Code registration
- Time spent by the government processing
Explore Importer Exporter Code Registration
Frequently Asked Questions
- In the following situations, the IEC registration is necessary:
1)It is a prerequisite for any organization intending to conduct import and export operations from India.
2) If a service or technology provider is receiving benefits under the Foreign Trade Policy, they must register their IE code.
No, registering an import export code is not required for the following activities:
1)if products are being imported or exported for personal use.
2)whether the import or export is handled by a designated nonprofit organization, a government ministry, or department.3)any additional category that the DGFT defines or mentions.
- An application for an IE Code may be made by any person engaged in the import and export of products or services for commercial purposes. They can apply online for the IE code and submit it with the necessary paperwork. If the individual doesn’t have a current account with the company, they can submit an application for an IE code by providing a canceled savings account check.
- Until it is revoked or turned in, the Import Export Code is valid for a lifetime. It is a perpetual registration, thus once the applicant has the IE Code, there is no need to re-register.
- No, separate applications do not need to be submitted for each location of business. This registration is PAN-based. As a result, the same registration will be accepted by all branches and enterprises owned by the same company.
- A single PAN card may only be used to issue one IEC. In the event that several IECs are granted, they must be turned in to the regional office.
