Yes, the IEC information can be modified by providing all the necessary documents even after the code is issued.
Import Export Code (IEC)
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We help you to start your Import export business by seeking an Import Export Code (IEC) from DGFT. In our packages, we provide consultancy in documentation and information, Applying for IEC online and follow-up for IEC Approval.
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Introduction
What is Import Export Code (IEC)?
Considering the recent trends in the business sector, a gradual shift of businesses is observed from the local market to the international market. To spread reach and conquer the international market, import and export activities are undertaken which further requires the Import Export Code.
Import Export Code is a 10 digit unique code allotted to the business entities that allow imports and exports. The code is allotted by the Directorate General of Foreign Trade (DGFT) to the applicants.
Registering for the IEC code online comes with one-time registration and lifetime validity. The process for import export code registration has become simpler with online IEC applications supported by a few documents.
Benefits
Benefits of Import Export Code
Process
Process For Import Export Code
When is IEC code required?
For Import and Export of Goods from India
For Import and Export of Services from India
To clear the shipment while making an Import or Export
Document Checklist
Documents Required for Import Export Code Online
Faq
Frequently Asked Questions (FAQ)
The IEC registration is required under the following circumstances:
1) It is a pre-requisite for any entity planning to engage in the business of import and export from India.
2) In case of service or technology, if the provider is taking benefits under the Foreign Trade Policy, then the IE code registration is mandatory for them.
Yes, individuals acting as proprietors of a business can obtain IEC registration. Individuals can use either the name or the name of their company to apply for IEC registration.
A Digital Signature Certificate (DSC) is not compulsory to apply for an IEC. The IEC application can be signed through Aadhaar authentication. DSC has been introduced in IEC to strengthen the IEC issuance and modification processes.
IE Code is not a mandatory registration, only importers and exporters of goods or services must have IE Code. Therefore, there is no penalty for not having IE Code; however, import/export will not be possible without an IE Code.
No. Returns need NOT be filed for IE Code.
With the help of IEC Registration, you can obtain various benefits from the DGFT, Customs, export promotion council, etc.
Yes, it is mandatory to provide PAN Card. You need to furnish the self-attested copy of your PAN Card along with the application.
You need to provide a copy of both sides of your PAN Card to identify the issuing authority’s address.
You will not need an IEC code under the following cases: 1. Person exporting or importing goods for personal use and not for activities related to business. 2. Persons exporting or importing goods to/from Nepal or Myanmar through Indo-Myanmar border areas, a value of which does not exceed Rs.25,000/- in a single assignment. 3. Ministries or departments of central government do not require obtaining the IEC.
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