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What Is Import Export Code (IEC)?
Import Export Code (IEC) is a code having 10 digits provided by the Director General of Foreign Trade (DGFT), Ministry of Commerce and Industry, to the importer and exporter who is dealing in importing or exporting of any goods or items in India. This certificate is mandatory for all persons who are dealing in import and export, the person can be a natural person or can be any private limited company, public limited company, One person company, proprietorship or partnership or any other body corporate. To promote global competition and to provide a way to enter into the global or international market the government has introduced this registration; one more benefit of this code is that it avoids illegal transportation of goods from or in India. It is very easy to get the Import Export Code certificate because now there is no physical submission of documents required. A person can make an online application to get this code. It will take around 4-5 days to get this code as the filing process is online and simultaneously government provide this code on an online basis and due to this, it saves lots of time. Once it is registered it is valid for a lifetime there is no need to renew this code.
Along with the IEC code, GST registration is also required for import-export business. There is no need to file any kind of report to the government regarding import or export therefore there is no maintenance cost. There are certain registrations are required to start a business like LLP registration or any other type of company registration, GST Registration, Brand name registration, IEC registration if the entity is involved in import or export business, Food license in case the if the business is related with the food and food item.
Import Export Code Certificate
1. PAN Card of the individual & proprietorship firm (if any)
2. Photo of proprietor
3. Identity proof of proprietor (Voter id card/aadhaar card/ passport/ driving license)
4. Address proof of the proprietor (Sale deed/Rent agreement/Lease deed/Electricity bill/Mobile bill/Telephone bill)
5. NOC from the owner of the property if the property is not registered in the name of the proprietor.
6. Pre-printed Cancelled Cheque/ Bank certificate having the name of the proprietor.
7. Email Id and Contact number of the proprietor
1. PAN Card of the company/partnership firm/LLP etc
2. Address proof of the company/firm/LLP etc. (Sale deed/Rent agreement/Lease deed/Electricity bill/Mobile bill/Telephone bill)
3. NOC from the owner of the property if the property is not registered in the name of company/firm/LLP.
4. Pre-printed Cancelled Cheque/ Bank certificate having the name of company/firm/LLP.
5. Email Id and Contact number of the company/firm/LLP
6. Photo of the director/partner/member
7. PAN Card of director/partner/member
8. Identity proof of director/partner/member (Voter id card/aadhar card/ passport/ driving license)
9. Address proof of director/partner/member (Aadhar card/Bank statement/ Bill)
10. Contact Details and email id director/partner/member
You will have to submit the documents and information required.
After receiving all the documents and information we will start registering your IEC and to proceed with the IEC registration you will receive an OTP on your registered mobile number and email id and you have to provide us with the same. After submitting OTP you will receive a file number on your registered mobile number. Once the file number is generated the government needs OTP for one more time to open the form. And after submitting the OTP the form will get opened.
Once the form is opened we will draft the application and submit it to the government and make the payment for the IEC registration.
After the approval of the form, we will send you the soft copy of the registration certificate of IEC on your email address.