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Import Export Code


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Import Export Code Registration

Import Export code registration is required for businesses importing or exporting goods and services from India.

Any business that undertakes import and export of services and goods from the country must obtain an Import Export Code (IEC) from the Government. DGFT (Director General of Foreign Trade) under the auspices of the Ministry of Commerce and Industries (MCI) issues IEC to business entities. The key advantage of registering for an IEC is that it is valid for a lifetime and no renewal is necessary for the Code. Not just business entities, even individuals can apply for IEC. The rationale behind IEC is to regulate certain restricted sectors from the international trade point of view like nuclear weapons, automatic guns.

eStartIndia is the best online legal services platform in Import Export Code Registration in India, offering a variety of registration services like GST registration, FSSAI Registration, Professional Tax registration, TAN registration, ESI registration, PF registration, MSME registration, Digital Signature, Trade License to name a few.

eStartIndia will help you in Import export code registration from the comfort of your home, offering you services that are very technical and as per individual needs.

Get a free consultation for Import export code registration with Our Top Rated Experts with simple Registration.

Advantages of Import and Export Code Registration

  • Business GrowthImport and Export Code Registration helps an individual or business to sell products and services in the international market thus aiding business growth.   

  • Lifetime validityImport and Export Code is valid for a lifetime and no renewal is necessary for the Code.

  • No compliance requirementsImport and Export Code Registration does not mandate any statutory returns or compliances to maintain IEC validity.

  • Subsidies on Exports – Business entities can claim subsidies on exports based on their Import and Export Code from DGFT, Customs and EPC (Export Promotion Council).

Documents Required For Import and Export Code Registration

For Individual/Proprietor/Partner/Director:

  • Self-attested copy of PAN card (mandatory).

  • Copy of authorization letter and NOC (In case of Partnership).

  • Copy of Partnership Deed (In case of Partnership).

  • Copy of Board resolution(In case of Company).

  • Authority from Directors on company letterhead (In the case of Company).

  • Bank Certificate/Cancelled Bank Account cheque (Individual).

  • Passport size photographs.

Identity proof of Individual/director/Partner/Proprietor

  • Passport.

  • Aadhar card.

  • Voter ID.

  • Driving license.

Address proof.

  • Self-attested copy of Telephone/Mobile or Electricity bill.

  • Bank Account Statement (Less than 2 months old).

For Entity:

  • Copy of PAN Card (for Firm/Company).

  • Copy of MoA and AoA (For company).

  • Copy of Bank statement (For Company/Firm).

  • CoI(For Company)/ Partnership Agreement.

  • Cancelled Bank Account cheque (For Firm).

  • Company Letterhead (For Company).

Entity Address Proof:

  • Telephone/Mobile/Electricity/Gas bill (Less than 2 months old).

  • In case of rented premises a notarized copy of Rent Agreement with a No-Objection Certificate (NOC) for conducting business.

  • In the case of self-owned premises registered title document.

Documents Required

Registration Process

Registration Process For Import and Export Code

eStartIndia will help you to register IEC from the comfort of your home, offering you services that are very technical and as per individual needs.

Get a free consultation for Import Export Code Registration with Our Top Rated Experts with simple Registration.

Click Here to read more about "Trade License"

Step 1

Document Preparation – eStartIndia will prepare your application of IEC according to details provided by you along with the collection of required documents

Step 2

Application submission – eStartIndia will submit your IEC application for processing along with the necessary documents to Regional Director of DGFT

Step 3

IEC Receipt – eStartIndia will receive IEC once your application is approved

Step 4

Congratulations! Your work is done.

Package

Basic

2399 /-

    Package Includes:

    IEC REGISTRATION WITH FREE EXPERT SUPPORT

    FREE LEGAL ADVICE  

(Lowest Price)



FAQs

What kind of form needs to be filled for Import Export Code application?

Form ANF 2A (Aayaat Niryaat Form 2A) must be filled to sent to the Regional Director of DGFT.

Who needs to apply for IEC Code?

Any business or individual who undertakes import and export of services and goods from the country must obtain an Importer Exporter Code (IEC) from the Government.

Why is IEC Code needed?

Exporters need to mention IEC code while exporting goods and services out of India and Importers need to mention IEC code while clearing their imported goods from Customs. Also, RBI now asks for IEC code in bank remittances as well from an individual or entity engaged in import and export of goods and services.

Are there any mandatory compliance required to be followed under IEC?

No. Since IEC is just a license, no mandatory compliances are required to be followed.

Is there any penalty for not having an Import Export Code?

No. There is no penalty for not having an Import Export Code as it is not mandatory under law. However, in the absence of the IEC Code, no export or import of goods and services would be permissible.         



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