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Importer Exporter Code

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Importer Exporter Code (IEC) Registration Online

An Importer Exporter Code (IEC) is a crucial business identification number that is mandatory for exporting from India or importing to India. It is a fundamental requirement, and no person can engage in import or export activities without obtaining an IEC, except when specifically exempted.

The IEC is now issued as the same as the PAN of the firm, but it is still issued separately by the Directorate General of Foreign Trade (DGFT) based on an application.

Importance of Import Export Code (IEC)

Obtaining an Import Export Code (IEC) is essential for businesses involved in import and export activities. Here are some key advantages:

1. International Market Access: IEC facilitates the entry of businesses into the global market, promoting growth and expansion.

2. Online Registration: The IEC application process is entirely online, making it hassle-free with minimal document submission.

3. Lifetime Validity: IEC registration is permanent and valid for the lifetime of the business. No renewal or updates are required.

4. Prevents Illegal Trade: IEC registration ensures that businesses provide accurate information, reducing the risk of illegal trade activities.

5. Benefits and Subsidies: Registered entities can benefit from subsidies offered by Customs, Export Promotion Council, and other authorities. It also helps in availing tax refunds for exporters.

6. No Ongoing Compliance: Unlike some other tax registrations, IEC holders are not burdened with annual filings or compliance requirements.

Nature of the Firm Obtaining an IEC
An IEC can be obtained by various types of business entities, including:

– Proprietorship Firm
– Partnership Firm
– Limited Liability Partnership (LLP)
– Limited Company
– Trust
– Hindu Undivided Family (HUF)
– Society

Pre-Requisites for Applying for IEC

To apply for an IEC, the firm must meet certain requirements:

1. Valid login credentials for the DGFT portal (after registration on the DGFT portal).
2. The firm must have an active Permanent Account Number (PAN) and the necessary details.
3. The firm must have a bank account in its name and a valid address.

Documents Required for IEC Code Registration

The following scanned documents are required for IEC registration:

1. Proof of establishment/incorporation/registration (varies based on the type of firm).
2. Proof of address (such as sale deed, rent agreement, etc.).
3. Proof of the firm’s bank account.
4. Active digital signature certificate (DSC) or Aadhaar of a firm member for submission.
5. Active firm bank accounts for application fee payment.

Procedure to Submit IE Code Application

Here is the step-by-step procedure to obtain an Importer Exporter Code:

1. Visit the official DGFT website.
2. Click on the ‘Services’ tab and select ‘IEC Profile Management.’
3. Click on ‘Apply for IEC’ and then ‘Register.’
4. Enter the required details and an OTP will be sent.
5. Validate the OTP and receive a temporary password.
6. Log in with the temporary password.
7. Fill out the application form (ANF 2A format) with firm details.
8. Accept the terms and conditions and digitally sign the application.
9. Make the payment.
10. After successful payment, you’ll receive the IEC certificate via email.

Get an Importer Exporter Code Certificate

You will receive the IEC certificate in your email. You can also download it by logging into the DGFT website and using the ‘Print Certificate’ feature.

Importer Exporter Code is vital for engaging in import and export activities. It can be obtained efficiently through *Maske Brothers* within 6 to 7 days.

Additional information

Type Of IEC

Scaleup, Startup
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