Apply for Instant Import Export Code (IEC) Online
Register your import export business under Directorate General of Foreign Trade, Ministry of Commerce and Industry, Govt. of India.
Introduction
An Importer Exporter Code (IEC) is a key business identification number which is mandatory for export from India or Import to India. No export or import shall be made by any person 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. An individual or a business entity needs a 10 digit code to import or export products or services. This code is known as Import Export Code or IEC and it is issued by DGFT, Ministry of Commerce and Industries, Govt. of India.
• Customs authorities need it to clear shipments during imports.
• The bank needs it to transfer the money when imports are made.
• Similarly during export the shipments the IEC is required.
• When exporter is supposed to receive money in foreign currency, IEC code is required to transfer the money to his account directly.
The IEC code registration is applicable for all business registrations:
- Proprietorship
- Partnership
- LLP
- Limited Company
- Trust
- HUF
- Society
Advantages of IEC
An Importer Exporter Code (IEC) is a key business identification number which is mandatory for export from India or Import to India. No export or import shall be made by any person 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. An individual or a business entity needs a 10 digit code to import or export products or services. This code is known as Import Export Code or IEC and it is issued by DGFT, Ministry of Commerce and Industries, Govt. of India.
IEC Registration is a permanent documentation which is valid for lifetime. You don’t have to go through any procedure of updating, filing and renewal of IEC as would be not needed.
once you obtain the IEC Code, there will be any necessity of annual maintenance fee. It does not require any maintenance fee in any financial year for filing or renewal of the code.
IEC helps you to get rid of any illegal transportation or fraudulent imports and exports. IEC registration is a centralized registration which helps the officials to supervise and manage the transaction in a better manner which is undertaken as a part of cross border business.
You don’t need to file any IEC Return once you are done with Import Export Code registration. After the allotment of Import Export License, further followup processes are not required.
IEC Code offers great benefit for Import Export business. An IEC registered business entity would be qualified to avail benefits or subsidies declared by the Customs, Export Promotion Council and other several authorities. After filing Letter of Undertaking under GST, the exporters are not required to pay taxes to make exports. If the exports are made by payment of taxes, the exporter can claim refunds of the paid tax amount.
Procedure
1. Fill Up Application Form
2. Submit & Make Online Payment
3. Dedicated IEC Expert will Apply for IEC License
4. Receive Certificate on mail
Contact us
Get in touch
Contact Us
Email : info@importexport.org.in
Our Hours
MON-FRI 09:00 – 19:00
SAT-SUN 10:00 – 14:00