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Apply For Import Export Code

-IEC code required before starting import/export business
-You can get your IEC code in just a few clicks. It’s easy and quick
-Import Export Code/IEC Registration is mandatory for all businesses that are involved in Import or Export of goods/services

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    IEC Registration

    What is the Import Export Code (IEC)?

    Import Export Code is a 10-digit number that has a permanent validity. It’s issued by the Directorate General of Foreign Trade, under Ministry of Commerce and Industry to anyone who can be trusted with import/export. This code is required for importers and exporters to benefit from DGFT exports, customs or Export Promotion Council.

    When will the Import Export code (IEC) be required?

    In the following cases, the Import Export Code is required:

    • Customs officials need this information when an importer needs to clear his shipments.
    • Banks need the money that an importer sends abroad via banks.
    • The customs port will need the exporter’s shipment when he sends it.
    • If an exporter receives foreign currency directly in his bank account, then the bank will require IEC.

    How to get an import export license

    Your IEC registration is valid for only one year and must be updated annually.

    Banks also require the Import Export Code (IEC) when sending money overseas. Exporters can apply online for IEC Code through Chartered Choice and receive their import export license the same day.

    How to register IEC online?

    The DGFT is the governing body that regulates the grant of import export licenses, keeps a record and makes rules for the way to grant the certificates.

     

    Do you need to go to the department to register for the IEC?

     No, you can do it all online. You can start the process online if you have all the documents and fees ready. 

    Chartered Choice, for example, can help you register import export codes online.

    You don’t have to be registered to apply for an import export code. Individuals can also apply. IEC Certificate can also be called Export License, Import License. IE Code, IEC Code, EXIM License. All of these terms have the same meaning.

    Important: According to the latest notification from the DGFT you need to renew/update your IEC License each year between April to June.

    Benefits of IEC Registration in India

    IEC is valid throughout your lifetime

    Once issued, an online Import Export Certificate is valid forever and does not expire. It must be updated / renewed online each year. The IEC code can be used across the country and in all branches or factories of an organization.

    Importers are required to comply with certain requirements

    All importers that wish to import goods into India must have a valid IEC Code. All relevant customs documentation must include the IEC Code. You will be required to provide a valid IEC registration to your bank in order to make payments abroad.

    Exporters are required to comply with certain requirements

    All exporters of goods from India must have a valid IEC Code. The IEC code must be cited in all relevant customs documentation. You will be required to register with the IEC to your bank when you receive money from overseas from your clients.

    Global Market Reach

    A registration for Import Export opens up the Global/International Business Market.

    IEC For Individuals

    Individuals can also register for Import Export Code. There are no restrictions on registering as a business

    Quick Processing

    IEC Code application does not require you to submit proof of imports or exports. IEC Application can be done online.

    Documents required for Import Export Code

    Quick Checklist

    Individual’s or Firm’s or Company’s copy of PAN Card

    Individual’s voter id or Aadhar card or passport copy

    Individual’s or company’s or firm’s cancel cheque copy of current bank account

    Copy of Rent Agreement or Electricity Bill Copy of the premise

    Fill out a simple Checklist

    Fill out a simple Checklist

    A Compliance Manager will contact you from the team to collect your documents and provide a simple check list for Import Export Code Registration. This checklist must be completed and submitted along with the necessary documents.

    Approval

    We will proceed to the IEC registration process after verifying all documents. Online, we will fill out Aayaat Niryaat 2A (ANF 2A). Throughout the entire process, you will be kept informed by your Compliance Manager.

    IEC Allotment

    The Directorate General of Foreign Trade allows you to register an Import Export Code once the documents supporting your application and IEC registration are approved by the Government officer concerned.

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