Try It Free Try It Free

IEC REGISTRATION AND UPDATE

Get started now Get started now

Importer Exporter Code (IEC)

An Importer Exporter Code (IEC) is a crucial business identification number which mandatory for export from India or Import to India. Unless specifically exempted, any person shall make no export or import without obtaining an IEC. For services exports, however, IEC shall not be necessary except when the service provider is taking benefits under the Foreign Trade Policy. Consequent to the introduction of GST, IEC being issued is the same as the PAN of the Firm. However, the IEC will still be separately published by DGFT based on an application. This article looks at the procedure for making an IE Code application in detail.

Import Export Code (IE Code)

VImport & Export Code is to be obtained by the business entity for import into or export from India. Import & Export Code is popularly known as the IEC number. Import & Export Code is a ten-digit unique number issued by the Directorate General of Foreign Trade (DGFT).

 

Validity of IE Code

As mentioned above, IE Code registration is permanent and valid for a lifetime. Hence, there will be no hassles with updating, filing, and renewing the IEC registration. It is valid till the business exists or the registration is not revoked or surrendered. Further, unlike tax registrations like GST registration or PF registration, the importer or exporter does not require to file any filings or follow any other compliance requirements like annual filing.

BE

Nature of the Firm Obtaining an IEC

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

Pre-Requisites for Applying for IEC

  • Valid Login Credentials to DGFT Portal (After Registering on DGFT Portal)
  • IEC may be applied on behalf of a firm which may be a Proprietorship, Partnership, LLP, Limited Company, Trust, HUF, and Society.
  • The Firm must have an active Firm’s Permanent Account Number (PAN) and details like Name as per Pan, Date of Birth, or Incorporation.
  • The Firm must also have a bank account in the Name of the Firm and a valid address before applying.

Documents required for IEC Code registration

  • Proof of establishment/incorporation/registration: The following type of Firm needs to submit the establishment/incorporation/registration certificate:
    • Partnership
    • Registered Society
    • Trust
    • HUF
    • Other
  • Proof of Address: Proof of Address can be any one of the following documents:
    • Sale Deed
    • Rent agreement
    • Lease deed
    • Electricity bill
    • Telephone landline bill
    • Mobile, post-paid bill
    • MoU
    • Partnership deed
    • Other acceptable documents (for proprietorship only):
      • Aadhar card
      • Passport
      • Voter id

Importer Exporter Code (IEC) – DGFT Homepage

A new page will open. Click on the ‘Apply for IEC’ option on the Page.

DGFT User Registration

  • Click on the ‘Register’ option. Enter the required details and click on the ‘Sent OTP’ button.

Enter the OTP and click on the ‘Register’ button

  • Upon successfully validating the OTP, the User will receive a notification containing the temporary password, which can change aftar logging into the DGFT website.
  • After registering on the DGFT website, log in to the website by entering the user name and password.

Make Payment

  • Confirm and proceed to make the payment against the Application.
  • After Successful Payment, the Page shall be redirected to the DGFT Website, and the receipt shall be displayed; the User can also download the ticket.

The Import Export Code is a primary document that is necessary for commencing Import-export activities. For exporting or importing any goods or services the IE code is to be obtained.IEC has numerous benefits for the growth of the business. Certainly, you cannot ignore the necessity of IE code registration as it is mandatory. You can apply for an Import Export code through IndiaFilings and obtain it within 6 to 7 days.