Import Export Code Online
Import Export Code (IEC) is a 10-digit code that is issued by the Director-General of Foreign Trade (DGFT) in India. It is a unique identification number that is required for businesses involved in the import or export of goods and services from India.
Easy Process and Documentation
Required Paperwork
- PAN card
- GST registration certificate (if applicable)
- Bank account details
- Digital signature certificate
- Photograph of the applicant
- Address proof of the applicant ( Voter ID or Utility Bill)
- Identity proof of the applicant (Aadhar Card or Passport)
Process, Service Charges, Time duration
- When you send us your paperwork, our experienced staff will review your paperwork with local government officials to determine the service’s cost, feasibility, and completion date. After a quote has been given, it remains fixed. Location affects project duration and cost. Send us your documents and specific requirements to get a price and turnaround estimate.
- On an average Procurement takes four to six weeks.
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WHAT IS THE IEC?
If you are involved in the import and export of products in India, you are required to have a 10-digit Import Export Code. Frequently, Import Export Code is shortened to IEC. Import Export Code is mandatory for all individuals and businesses involved in the import or export of products. Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industries, Government of India, issues the Import Export Code. Validity of Import Export Code is Permanent.
IMPORT EXPORT CODE REGISTRATION PROCEDURE
TIMELINE
Day 1
Day 2
Day 7
Day 1
Form Filling, Payment, and Document Upload
Our Team will consult with you and assist you with the drafting and documentation.
Your participation is required.
You must complete the short form by logging in to the LegalDocs website and make the payment after drafting. The customer will see the Document Upload section after a successful payment.
Legaldocs is taking action.
We’ll begin the application process.
Day 2
Application Submit
Application will be processed and sent to IEC Authority
Required of you
You can just sit back and relax.
Actions by Legaldocs
Application Submit
Day 7
Delivery and Approval
In 5 working days, the application will be reviewed and accepted.
You are required to take action.
Congratulation’s Your Import Export code has been approved, and you can now begin your international trading.
Legaldocs Taking Action
We’ll keep you posted. When your application is approved, you will receive a digital copy via your email address.
IE CODE DOCUMENT REQUIREMENTS
| LLP/ Company/ Proprietor’s PAN | Adhaar Card Partners/Directors/Owners |
| Address verification of the Establishment – Any utility bill or lease agreement | Partners/ Directors/ Proprietor Adhaar Card |
| Cancelled Cheque for Company Account, Proprietary Account | Photographs of the partners/directors/proprietors |
| Documents for Incorporation/Partnership/Proprietorship | Resolution from the company or partnership that allows any designated partner to apply for IEC Registration, along with the digital signature of the approved designated partner. |
Additional Read : Needed Documents for IEC Registration
FEATURES OF THE IMPORT AND EXPORT CODE (IEC)
LegalDocs is the biggest Import Export Code Agent in India, with users all over the country.
- Every person who imports or exports goods must sign up with IEC.
- DGFT, Customs, and the Export Promotion Council make sure that imports and exports can be used to make money. Without this number, the money can’t be claimed.
- IEC code is good for life, so you don’t have to keep renewing it.
- Any property owner can get the code in their own name, and they don’t have to set up a business to do so.
- When it comes to IEC, you don’t have to file a return, and you don’t have to file import or export activities under DGFT.
PROCESS OF IEC
Process Once done, it takes about 5-7 working days to share documents.
ADVANTAGES OF IEC
- Open the International Market IEC can help you take your business and its products to the international market and help your business grow. You can also sell your goods on platforms in other countries.
- Scaling up a product and making more money The organisation will make a lot more money than before.
- As a result of IEC registration, the organisation gets a number of benefits, and different companies can get a number of benefits from DGFT, customs, etc. On exports, the company can also claim tax breaks.
- There’s no need to file a tax return. IEC does not require that any profits be written down. When a job is given, there is no need to go through any steps to prove that it is legitimate. Even for fare exchanges, there is no need to report any profits to DGFT.
- simplest way to do it It is easy to get an IEC code from the DGFT within 10 to 15 days of submitting an application. Getting an IEC code doesn’t require proof of any fare or import.
- No need to start over IEC code works for the whole life of a substance and doesn’t need to be charged. It could also be used against all export and import transactions.
WHEN IMPORT-EXPORT CODE IS NOT NEEDED
- According to the government’s most recent circular, if a business has registered for GST (Goods and Services Tax), it is not required to obtain an IEC. In such instances, the PAN card will serve as the new IEC code for importing and exporting merchandise.
- IEC is not required unless goods are imported for commercial purposes. In addition, charitable institutions are exempt from IEC
- If you looking to expand your market beyond national borders and engage in export/import, please contact our specialists to learn about the necessary procedures. All services, including GST registration and business registration, are available to you.
CASES WHERE IMPORT EXPORT CODE IS NOT REQUIRED
- As per the latest circular passed by the government it is declared that every trader do not require IEC if they have registered themselves under GST (Goods and Services Tax). In such cases the PAN card will be used as new IEC code for importing and exporting goods
- IEC is not required until and unless you import goods for commercial use. As well as Charitable institutions do not require IEC
- If you are looking to expand your market and go beyond country borders and export/import, reach out to our experts and know all formalities you need to get through. You can avail all services such as GST registration, business registration etc.
DEMANDS OF IEC
LegalDocs is India’s largest Import Export Code Agent, with customers all over India.
- For customs clearance, importers need an IEC Licence.
- For export subsidy, exporters need an IEC Licence.
- For a bank to send and receive money from foreign customers, the bank needs an IEC Licence.
- IE Code is required for Food Licencing and APEDA Licencing.
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