Import Export Code Registration
The Import Export Code (IEC), also known as IEC Number, is a unique 10-digit identification number issued by the Director General of Foreign Trade (DGFT) in India. It's mandatory for any individual or business intending to import or export goods or services in India.
Who Requires Importer – Exporter Code?
Import Export Code (IEC) is mandatory for anyone who is importing in India or exporting out of India. IEC Code is a unique 10-digit code that would be issued by the Director General of Foreign Trade, Ministry of Commerce, or Government of India. No person would be allowed to import or export anything without the IEC Code Number.
Process of Getting Import Export License
Step 1: Share requirements + documents
Step 2: Filing of IEC application
Step 3: Sharing of IEC
Once the department verifies the application and documents they will issue a 10-digit import export code.
Step 4: Sharing deliverables
We will share a Soft copy of the IEC certificate and a Hard copy of the IEC certificate as deliverables
Documents Required to Get IEC Registration
- PAN Card copy of the business entity
- Registration Certificate (in case of Registered Partnership Firm)
- PAN Copy of anyone Directors/ Partners/ Proprietor
- Proof of address for business premises (Rental agreement if rented, Property tax paid challan + NOC if owned by partner)
- Company incorporation certificate (in case of Pvt Ltd/ OPC/ LLP)
- Partnership Deed (in case of Unregistered Partnership Firm)
- Photo of all the Directors/ Partners/ Proprietor
- Electricity bill copy for the address of the business premises.
- Canceled check or Banker’s Certificate (Format to be shared)
Key Deliverables
- Soft copy of IEC certificate
- Hard copy of IEC certificate
Why choose Wazzeer?
-
One platform for all your requirements
Incorporation is just the first step. Wazzeer supports you throughout your journey as an entrepreneur. Log in to get things done efficiently. A dedicated Account Manager offers the required human touch and acts as an advisor to you.
-
Experienced professionals
Our professionals have at least 5 years of experience and have incorporated thousands of companies among them. The rich experience ensures that the process is smooth and right in the first go.
-
Defined process
Over the last few years, doing over 500 incorporations, we have defined every step of the process. A virtual process is in place enabling us to deliver hassle free experience for you.
-
Cost Effective
You pay what you see in the proposal. No surprises or hidden charges.
Frequently Asked Questions
Can I surrender Import Export Code number if I do not wish to operate as Exporter Importer?
Yes, you can surrender such Import Export Code number to the concerned authorities. The issuing authority shall cancel such IEC and transmit electronically to DGFT and customs authorities.
Do we need to file any returns for the IEC that we obtain?
IEC in itself does not require you to file any specific returns.
My business has multiple units, offices, and products. Do I need to obtain separate IEC for each of them?
IEC is entity-specific and is independent of units, offices, factories, divisions or products. One IEC is applicable to all such units the entity owns.
What are the documents and procedure for a foreign national for obtaining IEC?
Procedure would be the normal application, but in some cases, RBI permission would be required. Required Documents – Board Resolution, Memorandum of Association, copy of Passport
What is the procedure for NRI to apply for IEC registration?
NRI has to follow the normal application procedure. In addition permission from RBI/ FIPB is needed in some cases
Can an individual apply for IEC?
It is not mandatory to have a registered business entity to apply for IEC. An individual can apply for IEC as a proprietor
Is PAN Number/ PAN card essential? Is there any alternative?
Yes, PAN is mandatory. Self Certified Photocopy of PAN card has to be submitted along with the application
Apart from IEC being a mandatory document, does it offer any other advantage?
IEC enables the exporters to claim the applicable benefits from the Customs, DGFT, and Export Promotion Council.
Can I Export/ Import without IEC?
Is it mandatory that all exporters or importers get Import Export Code registration?
Any entity or individual involved in international trade are required to get Import Export Code, except for the following categories of importers or exporters:
- Importers covered by clause 3(1) [except sub-clauses(e) and (l)]
- Exporters covered by clause 3(2) [except sub-clauses (i) and (k)] of Foreign Trade (Exemption from application of Rules in certain cases) Order, 1993.
- Ministries/ Departments of Central or State Government.
- Persons importing or exporting goods for personal use not connected with trade or manufacture or agriculture.
- Persons importing/exporting goods from/ to Nepal, Myanmar through Indo-Myanmar border areas and China (through Gunji, Namgaya Shipkila, and Nathula ports), provided CIF value of a single consignment does not exceed Indian Rs.25,000. In the case of Nathula port, the applicable value ceiling will be Rs.100,000.