If you are in business of Importing and Exporting of goods in India, it mandatory to have 10 digit Import Export Code. Many a times Import Export Code is abbreviated as IEC. Import Export Code is required for all persons or enterprises involved in Import or Export of goods. Import Export Code is issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industries, Government of India. We at TAXHILLS will help you get Import Export Code (IEC)
✔ Advisory on registration requirement
✔ Preparation of application form
✔ Obtaining Import Export Code
✔ Documented Follow-up
Documents To Be Submitted
- Photo of the IEC applicant
- PAN of the IEC applicant
- PAN of the business entity
- Bank certificate and cancelled cheque of the business entity
- Digital Signature
- Address proof of directors
- Certificate of incorporation and address proof in case of company
1. What is IEC?
Import Export Code Number is unique 10 digit code number issued by Government of India. If a person is interested in making imports & exports, then it is mandatory for him to apply for Import Export Code Number (IEC).
2. What is the need/use of IEC?
IEC forms the primary document for recognition by Government of India as an Exporter/Importer. On the basis of IEC, companies can obtain various benefits on their exports/imports from DGFT, Customs, Export Promotion Council etc.
3. Can Export /Import be made without Importer Exporter Code ?
No. IEC forms a primary document for recognition by Govt. of India as Exporter / Importer. However, if value of goods is very low, the concerned customs officer may permit first export (only one time) by imposing penal charges.
4. Do i need Digital Signature?
Digital signature is used to validate online document submission. From 1st April, 2016, it is mandatory to validate the form and other documents using a digital signature. Click here to obtain your class II digital signature with 2 years validity.
5.How much time is required to take IEC ?
Normal time to register an Importer / Exporter Code in India is 10 working days time.
6. Which are the specific cities where the service will be delivered?
The service is state specific in case you need a shop license and will be rendered only in specific cities being Mumbai, Gurgaon, Hyderabad, Kolkata, Jaipur, Surat, Bangalore, Chandigarh, Pune and Delhi.