Import Export Code

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IMPORT EXPORT CODE

What is IMPORT EXPORT CODE ?

The Import Export Code, often known as the Importer Exporter Code or IEC, is a critical business identification number that anyone beginning an import-export corporation must get. No one may import or export without obtaining this ten-digit code from the DGFT (Directorate General of Foreign Trade). For instance, if you wish to ship organic compounds from India to another country, you will be prohibited from obtaining an IEC licence.

CHARACTERISTICS

  • The IEC code helps to generate the revenue done by the import or export of the product.
  • The IEC code is mandatory for all the businesses that do the import or export of the products and goods.
  • The validity of the IEC code is a lifetime so it does not need the renewal of the code.
  • To get the IEC code it does not necessarily require to have an established business so the code can be obtained by any property owner in their own name.

A step-by-step guide to obtaining an Importer Exporter Code (IEC)

Step 1:

To access the official DRDC website, click here.

Step 2:

Select 'Apply for IEC'.

Step 3:

Complete all required fields to register as a new user.

Step 4:

For two-way verification, you will receive an OTP on your mobile number and another on your email address.

Step 5:

Once your mobile number and email address have been verified, you will receive a username and password for your registered email address. Log in to your account using the credentials.

Step 6:

Select 'Apply IEC' after logging in.

Step 7:

Select 'New Application'.

Step 8:

Complete the Form and upload any relevant papers.

Step 9:

After submitting your application, you must pay the $500 application fee.

Step 10:

Following acceptance, you will receive the IEC certificate through email.

Step 11:

After obtaining an IEC code, you may conduct import and export commerce.
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Documents Required

PAN CARD

Need Pan Card of all Shareholders and Directors, Foreign Directors must be required a valid Passport with validated or apostilled

PHOTOGRAPH

Updated Passport size photos of all Participators / Shareholders and Directors.

IDENTITY PROOF

Need identity proof: - Aadhar Card/ Voter ID/Passport/ Driving License of all Shareholders and Directors.

SUPPORTING DOCUMENTS

Two copies of sales bill/purchase bill

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