Contact Us
×
  • Logo contact@easystart.co.in
  • Logo +91-124-4219460

Import Export Code (IEC)

Import Export (IE) Code is mandatorily required to be obtained by any person/business entity importing or exporting goods and services to/from India unless specifically exempted. IE Code is a 10 digit unique code issued by Director General of Foreign Trade, Ministry of Commerce and Industries, Government of India to facilitate and identify all import and export to/from India. IEC forms the primary document for recognition by Government of India as an Exporter/Importer. On the basis of IEC, companies can obtain various benefits on their exports/imports from DGFT, Customs, and Export Promotion Council etc. Application for IEC may be submitted in physical or online mode in prescribed Form ANF 2A with DGFT along with prescribed documents and fee. The code is generally allotted by DGFT within 2-3 working days and valid for lifetime.

Features

  • Import Export Code

    It is a 10 digit unique code issued by Director General of Foreign Trade, Ministry of Commerce and Industries, Government of India and mandatorily required for any import or export to/from India.

  • Use of IEC

    Both for importer or exporter it is mandatory to quote IEC for custom clearances and sending/receiving money from abroad against shipments. Beside it is also required for claiming export incentives like SEIS/MEIS scrips, duty drawback etc.

  • Item Based

    IEC is the permanent document issued to the Importer/Exporter only once and the same is not item based. The exporter/ importer can venture into any item of Import/Export based on the IEC issued.

  • Validity

    Once an IEC is issued, it is valid for lifetime. However, any modification in the IEC database should be intimated to the DGFT, Ministry of Commerce and Industries, Government of India.

  • More than one IEC

    It is illegal to possess more than one IEC Number if allotted then the other IEC should immediately be surrendered. Only one IEC can be issued against the one Pan number for all its branches / Divisions / Units /Factories.

  • No Compliances

    No return or compliance is required to be done post obtaining IE Code, even at the time of export or import transactions occurs.

Procedure

How long Does It Take?

Preparation of IEC Application

0-2 working day

Application for IEC is prepared either in physical or online mode in prescribed Form ANF 2A along with prescribed documents.

Submission of IEC Application

0-2 working day

Application is submitted to the Regional Authority of DGFT in the region where the registered office of the company is situated along with all the requisite documents and prescribed fee.

Obtaining IEC

2-3 working days

After due scrutiny and verification, the Directorate General of Foreign Trade allot IE Code of the business generally within 2-3 working days.

FAQ

  • Who all need IEC?

    Any bona fide person/ company starting a venture for international trade except the categories specifically, exempted requires to obtain an IEC number.

  • Is there any offline mode to apply IEC?

    Yes, the applicant can physically prepare and submit the application Form ANF 2A to the nearest Regional Authority of DGFT within 15 days along with all the requisite documents and prescribed fees through demand draft or EFT.

  • How an NRI can apply?

    NRI has to follow the normal ¬¬application procedure. In addition permission from RBI/ FIPB is needed in some cases.

  • Whether Duplicate Copy of IEC can be issued?

    Yes, in case of lost or misplaced of IEC Code number, the issuing authority may consider requests for grant of a duplicate copy of IEC number, if accompanied by an affidavit. Duplicate IEC Number need to be applied physically.

  • How many days are required to send the data to customs?

    Once the IEC is issued by the DGFT, the data is automatically transmitted electronically to the custom department.

Documents Required

DOCUMENTS REQUIRED FOR THE PROCESS

    For Proprietorship Firm/ HUF/Partnership firms

  • Digital Photograph of the Proprietor/Karta/Partner.
  • Copy of PAN Card of the Proprietor/Karta/Partner.
  • Identity, Address and date of birth proof of the Proprietor/Karta/Partner (Copy of Passport /Voter’s Card/Driving License/Aadhar Card).
  • In case of partnership firm-Copy of Partnership Deed
  • Proof for registered office (Sale Deed/Lease deed/ latest electricity bill/latest telephone bill)
  • Bank Certificate/Cancelled cheque

    For Company and LLP

  • Digital Photograph of the Designated Partner & Director of the company signing the Application.
  • Copy of PAN Card of the applicant entity
  • Identity, Address and date of birth proof of the managing partner/director signing the application (Copy of Passport /Voter’s Card/Driving License/Aadhar Card)
  • Certificate of Incorporation as issued by ROC.
  • Proof for registered office (Sale Deed/Lease deed/ latest electricity bill/latest telephone bill)
  • Bank Certificate/Cancelled cheque
  • Additional documents for foreign nationals: Board Resolution, Memorandum of Association, Copy of Passport