Online Import Export Code (IEC) Registration
The first requirement before you start an import/ export business in India is to obtain an IEC. In India having Online IEC Registration is mandatory for exporting as well as importing goods in India for business. Where as a business is in Service export import then IEC is required in only limited circumstances.IEC Code is ten digit number generated by Director General of Foreign Trade and Ministry of Commerce. IEC can be obtained from any of the Zonal and Regional offices of Director General of Foreign Trade depending on area/region where the individual/company is located. Only one IEC would be issued against a single PAN number. On the basis of IEC, companies can obtain various benefits on their exports/imports from DGFT, Customs, Export Promotion Council etc. The customs will not allow for clearance of goods unless the importer has obtained an Import Export Code (IEC) registration from the regional authority.
- IEC Registration is 100 % Online
- ANF 2 A is Application Form of IEC
- No Need of Digital Signature
- IEC Get Approved in 3-4 working days
- For Registration documents required in pdf format
- IEC certificate download from DGFT Site
Online Import Export Code Registration Highlights
Mandatory
Import Export Code is mandatory for all persons doing imports/exports. Without registration of IEC code import / export is not permissible.
No Return Filling
Once IEC is issued, there is no obligation of any return filing with government. IEC should be quoted only at the time of import or export of goods or services.
Online Process
Registration of IEC is online process where documents required to be submitted to DGFT authorities. Hence scan documents required for processing IEC Code.
Exporters Require IEC
All Exporters who export goods from India. The IE Code must be quoted while sending shipments. And banks require the exporters IE Code while receiving money from abroad
Quick Processing
Process of obtaining IEC code registration taken 8-10 working day. After verification of form DGFT authorities grant IEC registration number to person.
Importers Require IEC
All Importers who import goods into India require an IE Code. The IE Code must be quoted while clearing customs. Also, banks require the importers IE Code while sending money abroad.