Import and Export Code Registration
Considering the recent trends within the business, a gradual shift of companies is determined from the native market to the international market. To spread reach and conquer the international market, the import and export activities are undertaken that more needs the Import Export Code.
Documents required for Import Export Code registration
Legal Documents
For a company/partnership, PAN card of the Director/Partner is a must
A cancelled cheque of current account bearing entity’s pre-printed name or Bank Certificate in form ANF-2A(i)
Entity should provide the registration certificate with MoA- AoA / LLP Agreement, or a Partnership Deed as applicable
NOTE: Further documents and scrutiny can be made on a case by case basis which is beyond our control.
Obtain IEC in 3 Simple Steps |
Process for IEC Registration |
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2.Experts are here to Help
3.You get the IE Code
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Frequently Asked Questions
The IEC registration is required under the following circumstances:
1) It is a pre-requisite for any entity planning to engage in the business of import and export from India.
2) In case of service or technology, if the provider is taking benefits under the Foreign Trade Policy, then the IE code registration is mandatory for them.
No. Import Export Code registration is not compulsory for the below-mentioned activities:
- If the import or export of goods is done for the personal use.
- If the import or export is carried out by any Government Ministry or department or a notified charitable organization.
- Any other category mentioned or defined by the DGFT.
Any individual involved in the import and export of goods or services for the purpose of conducting business can make IE Code application. They can obtain the IE code by filing an online application accompanied with required documents. In case the person does not have a current account for the business, he/she may provide canceled cheque of the savings account for the purpose of filing IE code application.
No, w.e.f. 09.08.2018, DGFT has integrated PAN web service of CBDT with the server; therefore PAN card is not required to be uploaded. However, for the purpose of filing an application, the copy of the PAN card is required to be submitted to the team.
The Import Export Code comes with a lifelong validity unless the same is withdrawn or surrendered. Once the applicant receives the IE Code, there is no need to re-register as it is a perpetual registration.
No, there is no requirement to make a separate application for different places of business. This is a PAN based registration. Hence, the single registration will be valid for all the businesses and branch under the same entity.
Only a single IEC can be issued against a single PAN card. If at all more than one IEC is issued then it has to be surrendered to the regional office.
No, there is no penalty however, the import or export is not possible without IE code
Import Export code is allotted with lifetime validity and therefore it does not require any renewal.
No, there is no compliance to be fulfilled after the import-export license registration is obtained.
Yes, the IEC information can be modified by providing all the necessary documents even after the code is issued.
