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Import Export Code

Import Export Code

Posted on 16 May 2018

Import Export Code or IE Code is required for undertaking import of export transactions and availing benefits under schemes like SEIS or MEIS. We handle the IE code registration process and provide advice about the overall process.

IMPORT EXPORT CODE REGISTRATION

When IEC is Required?

Import Export Code required in the business of export or import of goods and services in India.

Issuance Authority

IE Code issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industries, Government of India.

No Renewal Required

Applying IE Code is one-time process requires no renewal. Hence, IE Code is Life Time registration.

No Returns filling

IE Code neither requires any kind of returns filling nor any further procedural compliances.

Custom & Banks Requirement

IE Code requires to quote with customs authorities/banks for importing & exporting goods and making or receiving payment to/from international vendors.

Time

Import Export Code can be obtained within 1 week from the date of filing application.

ABOUT IMPORT EXPORT CODE

Import Export Code which is commonly abbreviated as IEC is the first registration required for the business entities who are dealing in Importing or exporting of goods and services from India. IEC is issued by the Directorate General of Foreign Trade (DGFT). It is a passport for import and export business.

DOCUMENTS REQUIRED FOR IMPORT EXPORT CODE

  • PAN CARD
  • ADHAAR CARD
  • PASSPORT SIZE PHOTO
  • BANK ACCOUNT DETAILS PREPRINTED CANCELLED CHEQUE / CERTIFICATE FROM BANK
  • DIGITAL SIGNATURE

 



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