Import Export Code or IEC Code Registration

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Import Export Code or IEC Code Registration in India – Online Filing Process, Procedures, and Cost

About Import Export Code (IEC) – It’s Meaning

Import Export Code (IEC) is required by anyone who is into the business of import and export. IEC is issued by the Director General of Foreign Trade (DGFT) and it is a 10 digit number. There is no filing required for IEC and comes with lifetime validity. Without IEC, Importers cannot import goods into India and Exporters will not get the benefit from DGFT, Customs, Export promotion council.

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When should you apply for IEC

IEC is required by customs authorities when an importer has to clear the shipments
Banks would need IEC when importer sends money abroad
IEC is required at the customs port when an exporter has to send shipments
Banks would need IEC when exporter receives money in foreign currency

The Procedure and Process for IEC Registration

Step 1: An online form ANF-2A (Aayaat Niryaat Form) has to be filed with the respective regional office of DGFT

Step 2: Enter the PAN and fill the requisite details and file the online application

Step 3: Download the Soft copy of the IEC certificate

Timeline – How long does it take to register IEC in India

If everything is in order, it may take anywhere between 2 to 3 business days for registering IEC. This timeline is further subject to Government processing, approval time, public holidays, etc.

Documents required for IEC Registration

Document	Proprietorship	Partnership	OPC	LLP	Pvt Ltd
PAN card of promoter/s	✓	✓	✓	✓	✓
PAN card of the company/firm	–	✓	✓	✓	✓
Aadhar card of promoter/s	✓	✓	✓	✓	✓
Registered office documents such as Rental agreement/Sale deed/Latest tax paid receipt/Lease agreement	✓	✓	✓	✓	✓
Utility bill	✓	✓	✓	✓	✓
Cancelled cheque with the name printed / Bank letter	✓	✓	✓	✓	✓
NOC if the premise is not in the name of the applicant	✓	✓	✓	✓	✓

Benefits IEC Registration

Avail benefits under schemes like SEIS (Service Exports from India Scheme) or MEIS (Merchandise Exports from India Scheme)
You can take your business to the International Market
No filing required
Lifetime Validity
Proprietors can also apply for IEC

Cost for IEC Registration

Government fees for IEC registration are Rs.500 and for modification in an existing IEC is Rs.200. Our fees are Rs.3000.