Import Export Code

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IEC Registration

In order to effectively monitor the various outflows and inflows of foreign exchange, the government has introduced IEC code. IEC stands for Import Export Code and is a unique 10 digit number issued by Director General of Foreign Trade (DGFT), part of the Ministry of Commerce and Industry, to any person or company for carrying on Import and Export business in India. DGFT IEC Registration is mandatory to carry on export/import business in India for specified category of services or technologies. Import export code registration is done under DGFT website. An IEC number issued to applicant shall be valid for all its divisions/ units/ factories/ branches. IEC code is valid for lifetime and there is no need to renew the same.

Import export code is not required if Import export made for personal use and not for trade, manufacture or agriculture or Import export made by government offices and other notified institutions.IEC registration is done online through Aayat niryat form 2A (ANF 2A) and is submitted to regional DGFT authority for approval, where the registered office of the company is situated. PAN card of the applicant is the basic and foremost most import document for IEC code online. IEC cannot be issued against the illegal and anti national security acts such as dealing in nuclear weapons, guns, smugglings etc.

Unilex being the professionally managed firm provides Import Export license can be obtained within 2 working days*. Our professionals help in estimating the cost of getting IEC online, document required for IEC registration and hassle free procedure for getting Import Export Code registration.

Advantages of of IEC code

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1

IEC is a mandatory document required to be obtained before any sort of import/export.

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2

IEC helps to claim various tax refunds and export incentives.

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3

Renewal of IEC is not required, once it is issued, it is issued for lifetime.

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4

There are no periodical returns and compliances.

Documentation for IEC application

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Copy of PAN card.

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Copy of ID Proof.

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Cancelled Cheque.

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Passport size Photograph

Packages



Note:


Process involved in registering a Import Export Code

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1

Application Preparation

1-3 working days

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2

Application Processing

1-2 working days

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3

IE Code Issuance

(Complete)

Requirements for IEC registration

    - Anybody who is doing commercial transactions cross border, whether import, export is required to obtain a IEC., however a service provider outside India does not required to obtain this licence until and unless the services relate to those areas which are of national security such as dealing in nuclear weapons or some automatic guns. Such licence can be obtained by any individual, freelancer, company, you can take registration right in your name in your saving account also, but of your business name then cu
Who Are Exempted From Obtaining The IEC?

  • - 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, NamgayaShipkila and Nathula ports), provided CIF value of a single consignment does not exceed
  • - Indian Rs.25,000. In case of Nathula port, the applicable value ceiling will be Rs. 1,00,000/-

FAQs About IEC

Ho to download IEC certificate?
IEC certificate can be genrated after submitting duly filed aayat niryat form 2A (ANF 2A) and payment of government fee under DGFT website.
How to get IEC code?
IEC can be obtained from any of the Zonal and Regional offices of Director General of Foreign Trade depending on area/region where the individual/company is located.
What is the Need of IEC code?
IEC forms the primary document for recognition by Government of India as an Exporter/Importer. On the basis of IEC, companies can obtain various benefits on their exports/imports from DGFT, Customs, Export Promotion Council etc.
Can Export /Import be made without IEC Code ?
No. IEC forms a primary document for recognition by Govt. of India as Exporter / Importer. However, if value of goods is very law, the concerned customs officer may permit first export (only one time) by imposing penal charges.
Can IEC be rejected by DGFT?
Primarily it could be: 1. The documents are not proper (not clear etc.) 2. Address proof is not attached 3. Name and address do not match with the documents 4. IFSC is not mentioned on Bank Certificate 5. Wrong DGFT RA is selected
What is IEC number?
IEC number is a 10 digit number provided by DGFT IEC online to the person making import export of specified services.

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