Import Export Code (IEC) is required by any business that is looking forward to start an import export trade from India. IEC is a 10 digit unique code which is issued by the Directorate General of Foreign Trade (DGFT).
The IEC comes with lifetime validity and needs no renewal and through this code, businesses gets various benefits from DGFT and customs & export promotion council.
In the national interest or to regulate the trade or any specific commodity, the central government may restrict or prohibit the import and export of certain goods. In case you wish to import any item which has been prohibited and restricted, you will have to seek special permission from DGFT, explaining in details the specific reason for importing the restricted item.
Go Global Today
An Import Export Code (IEC) allows you to trade internationally & increase your customer base globally.
Benefits of Import Export Code
Business expansion
Government benefits
Customs clearance
Bank transactions
Lifetime Validity
Documents required for IEC (Import Export Code) registration
For IEC Code Registration, the following documents are required:
- Individual’s, firm’s or company’s copy of PAN Card.
- Proprietor’s voter ID, Aadhaar card or passport copy.
- Proof of establishment, incorporation or registration of the partnership, society, proprietorship firm, company, HUF, etc.
- Proof of address of business premise, such as sale deed, lease deed, rent agreement or utility bills (electricity bill, telephone bill or mobile bill).
- Individual’s or company’s or firm’s cancel cheque copies of current bank accounts.
- A self-addressed envelope for delivery of IEC certificate by registered post.