It is a significant business identification number for an import/export business. An Importer-Exporter Code (IEC) is mandatory for import to India or export from India. Frequently Asked Questions Is IEC mandatory? Export/ Import done by the Government of India Departments and Ministries and Notified Charitable institutions need not require getting Import Export Code. Import Export Code (IEC) isn’t required to be taken in case the goods exported or imported is for personal purposes and isn’t used for any commercial purpose. In all such cases, the PAN of the trader shall be construed as a new IEC code for the purpose of import and export. Cases where Import-Export Code (IEC) is not mandatoryĪccording to the latest circular issued by the government, IEC is not mandatory for all traders registered under GST. After it is obtained, it could be used by an entity against all export and import transactions. IEC code is effective for the lifetime of an entity and requires no renewal. There isn’t any need to provide proof of any export or import for getting IEC code. It is fairly easy to obtain IEC code from the DGFT within a period of 10 to 15 days after submitting the application. Even for export transactions, there isn’t any requirement for filing any returns with DGFT. Once allotted, there isn’t any requirement to follow any sort of process for sustaining its validity. IEC does not require the filing of any returns. The Companies could avail several benefits of their imports/ exports from the DGFT, Export Promotion Council, Customs, etc., on the basis of their IEC registration. IEC assists you in taking your services or product to the global market and growing your businesses. A self-addressed envelope for delivery of IEC certificate by registered post.īenefits of IEC registration Expansion of business.Copy of rent/ lease agreement or electricity bill copy of the business premise.Individual’s or company’s or firm’s cancel cheque copies of current bank accounts.Individual’s voter id or Aadhar card or passport copy.Individual’s, firm’s or company’s copy of PAN Card.You can take a printout of your certificate once the IEC code is generatedĭocuments required for IEC (Import Export Code) registrationįor IEC Code Registration, the following documents are required: ![]() The IEC code will be generated by the DGFT.Fill the application form (ANF 2A format), upload the required documents, pay the required fees and click on the ‘Submit and Generate IEC Certificate’ button.Click on the ‘Apply for IEC’ option on the DGFT website.After registering on the DGFT website, login to the website by entering the user name and password.Upon successful validation of the OTP, you will receive a notification containing the temporary password which you can change after logging into the DGFT website.Enter the OTP and click on the ‘Register’ button.Enter the required details and click on the ‘Sent OTP’ button. Click on the ‘Apply for IEC’ option on the page. Select the ‘IEC Profile Management’ option from the drop-down list.Click on the ‘Services’ tab on the homepage.Steps involved in IEC (Import/Export Code) registration ![]()
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