An Importer -Exporter Code (IEC) is a key business identification number which mandatory for export from India or Import to India.
An Importer Exporter Code (IEC) is a key business identification number which mandatory for export from India or Import to India. No export or import shall be made by any person without obtaining an IEC registration unless specifically exempted
Import Export License or IEC Registration a 10-digit code that an entity or a person requires to export/import the goods/services. The authority of issuance of this code is granted to the DGFT (Director General of Foreign Trade), Ministry of Commerce and Industries, Government of India. The IEC code registration is valid for a lifetime and there is no need to renew it again and again. Generation of import export license registration takes 1 working days, once the documents are received.
IEC code can be called many names, like :- Import export license , import-export code, import export license, import export number, IE code, IE license, IEC Registration, IEC code registration, IEC code apply etc. An applicant can either issue this code under his name or the company’s name. After it is issued, it is valid for all your company’s branches/division/units/factories.IEC
The situations which mandatory require IEC Registration is listed below:
When an importer wants to clear his shipments from the customs authorities, Import export certificate is required by the customs authorities.
Whenever an importer sends money abroad by way of banks, then the banks need this import export license.
If an exporter wants to send his shipments abroad, IEC registration is required by the customs port.
Whenever an exporter receives money in the form of foreign currency directly into his bank account, then IEC code registration is required by the bank.
For obtaining Food Licensing and APEDA Licensing, IEC code apply is a must.
Whenever an exporter wants to avail of some export subsidy, then this code is required by the export promotion council.
IEC Stands for Import Export Code
Any bonafide person/ company looking to enter import – Export business must obtain
IE code .
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You can connect with our experts to hassle-free Import-Export Code Registration in committed time framework after analysis of documents shared by you
IEC code is not required for import or export of goods for personal use. The Import Export Licence is mandatory only for commercial purposes and business. One can import or export goods for personal use without any registration requirement.
The IEC code is required at the time of exporting or importing or receiving or paying payments. There is no need to file returns for IEC as there are no post registration compliances.
IEC is issued by Directorate General of Foreign Trade and its regional offices
established all over India.
DGFT Application fee to get IEC is Rs. 500/- which is including in our import export license registration packages
No separate Code is required for Import and export and the same IEC can be used for both. Many people have a wrong Idea that a separate IEC code is required, but it is not true. Only one registration is required which is mandatory for the import and export and the same IEC code can be used while importing as well as exporting.
It is necessary for every person who imports or exports to obtain IEC registration. It is necessary to register with DGFT department even if the business is registered under GST.
IEC allotted to an applicant shall have permanent validity but it is mandatory to update the IEC annually so that the IEC is not deactivated. If the IEC is updated between April-June period each year, nominal fee shall be charged for updating of IEC
In case of non-updating of IEC within the prescribed time, it will be de-activated. An IEC so de-activated may be activated, on its successful updating. This would however be without prejudice to any other action taken for violation of any other provisions of the FTP.
Easily register for Import Export License online. An Import Export Code is a unique IEC number used for Export-Import. Get IEC certificate across India @ ₹1990
Bhorah Consulting Provides Import Export Code / Licence registration services across India in all cities likewise Mumbai, Delhi, Pune, Jaipur, Lucknow, Kanpur, Nagpur, Indore, Thane, Bhopal, Ghaziabad, Ludhiana, Agra, Nashik, Faridabad, Meerut, Kalyan, Dombivli, Vasai, Virar, Varanasi, Aurangabad, Amritsar, Navi Mumbai, Allahabad, Gwalior, Jabalpur, Jodhpur, Kota, Chandigarh, Solapur, Bareilly, Aligarh, Gurgaon, Moradabad, Jalandhar, Mira, Bhayandar, Jalgaon, Bhiwandi, Saharanpur, Gorakhpur, Bikaner, Amravati, Noida, Firozabad, Nanded, Kolhapur, Ajmer, Akola, Ujjain, Loni, Jhansi, Ulhasnagar, Udaipur, Patiala, Muzaffarnagar, Latur, Rohtak, Sagar, Bhilwara, Ahmednagar, Mathura, Shahjahanpur, Satara, Rampur, Chandrapur, Alwar, Panipat, Karnal, Bathinda, Sonipat, Farrukhabad, Ratlam, Hapur, Etawah, Bharatpur, New Delhi, Sikar, Rewa, Mirzapur, Sri Ganganagar, Karawal Nagar, Bulandshahr, Sambhal, Yamunanagar, Panchkula, Bhind, Bhalswa, Bhiwani, Ambala, Fatehpur, Khora, Ghaziabad, Bahraich, Sirsa, Jaunpur, Panvel, Shivpuri, Phagwara and Many More
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