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IECRegistration

IEC is required by anyone who is looking to kick-start his/her import/export business in the country.

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IEC Registration Overview

An import export code is an unique 10-digit code that is required for every import/export business owner in India. The code is issued by the Director-General of Foreign Trade (DGFT), Ministry of Commerce, and needs no filing or renewal. IEC is required by importers to clear customs and shipment, and to transfer money to foreign banks. Exporters require their IEC to send shipments and receive money from foreign banks. In short, no importer/exporter can operate in India without getting the IEC.

What Are The Benefits of IEC Registration?

(1) Expansion of Business. IEC assists you in taking your services or product to the global market and growing your businesses.

(2) Availing Several Benefits.

(3) No Filing of returns.

(4) Easy Processing.

(5) No Need For renewal.

What is the Procedure Of IEC Registration?

(1) Visit the DGFT website.

(2) Click on the 'Services' tab on the homepage.

(3) Select the 'IEC Profile Management' option from the drop-down list.

(4) Click on the 'Register' option.

(5) Enter the OTP and click on the ‘Register’ button.

(6) Upon successful validation of the OTP, you will receive a notification containing the temporary password which you can change after logging into the DGFT website.

(7) After registering on the DGFT website, login to the website by entering the user name and password.

(8) Click on the ‘Apply for IEC’ option on the DGFT website.

(9) Fill the application form (ANF 2A format), upload the required documents, pay the required fees and click on the ‘Submit and Generate IEC Certificate’ button.

(10) The IEC code will be generated by the DGFT. You can take a printout of your certificate once the IEC code is generated.

Documents Required For IEC Registration?

(1) Individual’s or Firm’s or Company’s copy of PAN Card.

(2) Individual’s voter id or Aadhar card or passport copy.

(3) Individual’s or company’s or firm’s cancel cheque copies of current bank accounts.

(4) Copy of Rent Agreement or Electricity Bill Copy of the premise.

(5) A self-addressed envelope for delivery of IEC certificate by registered post.

FAQs

(1) What is IEC Registration?

(2) How to modify IEC application?

(3) Is it necessary to provide PAN card?

(4) Does foreign directors the PAN details is mandatory?

(5) What is the name of the firm and bank account name doesn't match?

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