Import Export Code

Looking to get into import/export business and need an IEC?

Here’s what you should know before you start

What is IEC number?
IEC (importer Exporter Code) number is a 10-digit code number given to an exporter or importer by the regional office of the Director general of Foreign Trade (DGFT).

Why do you need IEC number?
If you are planning to engage into a business of export/import, you would need IEC number as no export or import could be made by any person without an IEC number

Import Export Code

Package

Includes:

Application to DGFT

Generation of IEC code

Price: 1500

Documents Required for Private Limited Company Registration

  1. 2 passport size photograph
  2. Copy of PAN
  3. Aadhaar card/ Driving license
  4. Cancelled cheque
  5. Latest Landline telephone Bill on the name of Proprietor or firm
  6. Sale deed in case business premise is self-owned or Rental Agreement, in case office is rented/ leased
  1. PAN of the Company.
  2. PAN of All Directors
  3. MOA AOA and Certificate of Incorporation.
  4. Bank Certificate or Cancelled Cheque bearing preprinted name of the applicant entity and A/c No.
  5. Address Proof of Applicant and Nominee Directors ie Passport / Voter ID / Driving Licence / Aadhar card (any one of these)
  6. Latest electricity bill of Registered office
  7.  Latest Landline telephone bill in the name of Company
  8. Sale deed in case business premise is self-owned; or Rental/Lease Agreement, in case office is rented/ leased
  9. Photograph of All Directors
  1. PAN card of the LLP/firm
  2. PAN card of all Partners
  3. Address Proof of all partners ie Passport / Voter ID / Driving Licence / Aadhar card (any one of these)
  4. Photograph of all Partners
  5. Partnership Deed./LLP Agreement
  6. Latest electricity bill of Registered office
  7. Latest Landline telephone in the name of Firm
  8. Sale deed in case business premise is self-owned; or Rental/Lease Agreement, in case office is rented/ leased
  9. Bank Certificate and Cancelled Cheque bearing preprinted name of the applicant entity and A/c No.
  1. PAN card of the Trust or Society
  2. PAN card of all members
  3. Address Proof of all members i.e. Passport / Voter ID / Driving Licence / Aadhar card (any one of these)
  4. Photograph of all Members
  5. Byelaws or MOA of the organization
  6. Latest Landline telephone in the name of Firm
  7. Sale deed in case business premise is self-owned; or Rental/Lease Agreement, in case office is rented/ leased
  8. Bank Certificate and Cancelled Cheque bearing preprinted name of the applicant entity and A/c No.

You might also be interested in

How to deal with the 20% restriction on availment of Input Tax Credit

The recent notification followed by a circular issued on 11 November 2019 states regarding restriction on availment of ITC. The ITC... read more

How to reduce taxes on salary

Introduction The salaried employees are always in a frenzy about taxes and plans out ways to save it. The allowances and... read more

Are doctors required to register under GST?

The health care sector is one of the biggest sectors in India, is regulated by the Indian Medical Association... read more

Changes in ITR-1 form for FY 18-19

Recently Income Tax Department came with the changes in Form 16 issued by employer along with changes in TDS... read more

What is Form 16?

Form 16 is a certificate from the employer that has details of salary paid to an employee and tax... read more

Which ITR Form to use for Assessment year 2019-20

CBDT has already released new ITR Forms. One can file the ITR now. While, Individuals are due to file their ITR... read more

Income Tax Implication on Futures & options (F&O) transactions & Intra-day trading

This article is about how trading in derivatives(F&O) and intra-day trading is to be treated under the Income tax. We... read more

Companies having share capital to declare commencement of business

All Companies having share capital registered on or after 02nd November 2018, are required to declare commencement of business... read more

Process Involved

Documentation

Requestor provides the required documents
10%

Online application

Starts with signing up with email, pan and mobile number. We would require OTP sent by department on sms and email everytime we login
20%

Approval of application

We send the filled application to client which is reviewed and signed copy is posted to us
40%

Submission of application

Application is submitted to DGFT
60%

Authentication of submission

Submission can be authenticated either by signing it with digital signature or signed hard copy is submitted to department
80%

Import Export code Issuance

Department issues the IEC and Copy is sent to client directly by the department
100%

FAQ

1) All Importers who import goods into India require an IE Code. The IE Code must be quoted while clearing customs

2) All Exporters who export goods or services from India require an IE Code. The IE Code must be quoted while sending shipments.

3) Also, banks require the importers IE Code while sending money to or receiving from abroad.

IE Code can easily be obtained from DGFT within 10-15 working days after submission of the application along with all the necessary information.

Even individuals who are proprietors of a business can obtain IE Code in their name. It is not necessary to incorporate a business entity for obtaining IE Code.

No, there is no requirement to file any return Once, The code remains valid without any further processing.

IEC code is valid for life time.

Submit a query
close slider