Import Export Code (IEC) Registration
Documents Required
Documents for Entity
- Copy of PAN Card firm/company.
- Copy of Property papers (If owned property).
- Copy of Rent agreement (If rented property).
- Landlord NOC (Format will be provided by us).
- Canceled cheque of firm.
- Electricity/ Water bill (Business Place).
- Telephone Bill in the name of the business.
- Copy of Service Tax returns (In case of Proprietorship).
- Certificate of incorporation (In case of a company).
- Bank statement of firm/company.
- AOA and MOA (In case of a company).
What is the advantage of having an IEC?
Following are the summarized benefits of IEC Registartion
- Importers required IE code as it is a mandatory thing for them if they are importing goods and services.
- Exporters won’t be able to enjoy any benefit of exporting goods and services without the code.
- It does not require any return filing, once the code is obtained then there is no attached compliance to file. .
- AN IEC is valid for lifetime once obtained, does not need any renewal charges.
- An IEC can also be surrendered when in no use.
- An individual acting as a Proprietor of a business can obtain IEC
FAQS
Import Export Code (IEC) Registration
Import Export Code (IEC) Registration
Any individual or business entity such as proprietorships, partnerships, companies, LLPs, or trusts involved in importing or exporting must obtain an IEC to comply with Indian trade regulations.
Applications are submitted online via the DGFT portal. You need a PAN card, valid business address, and bank account details. The approval is usually granted within 1-2 working days if documents are in order.
Yes, IEC holders must renew their code annually between April and June to ensure uninterrupted import-export operations. Failing to renew can lead to deactivation and penalties.
Generally required documents include PAN card, Aadhaar card, proof of business address, bank account details, and a digital signature for online submission.
IEC enables you to legally clear customs, remittance of foreign currency, and avail various government export incentives and schemes. It also builds credibility with international buyers and suppliers.
No, import or export of goods without a valid IEC is prohibited under Indian law except for a few specific exemptions. Operating without IEC risks penalties and shipment holds at customs.