BUSINESS LICENSE

Import Export Code

What is the meaning of the IEC (Import Export Code) License in India ?

Import Export Code (also known as IEC code) is a 10 digit identification number that is issued by the DGFT (Director General of Foreign Trade), Department of Commerce, Government of India. It is also known as Importer Exporter Code. Companies and businesses must obtain this code to start a business that deals with import and export in the Indian Territory. It is not possible to deal with export or import business without this IEC code.

There are certain processes and conditions that you need to fulfill to obtain the Import Export Code(IEC code). You also need to adhere to certain regulations. Once you fulfill the conditions, you can get the IEC code from the DGFT offices. It has several regional offices throughout the country.

Steps of work :

  • Get a call from IEC expert
  • Upload All the Necessary Documents
  • Dedicated IEC Expert will Apply for IEC License
  • Your Import Export Code will be Sent to You

Importer Exporter Code India

IEC Full Form, Eligibility, Validity, Documents Required

Import Export (IE) Code India is a registration of an import and export companies with Indian Custom department that import and export commodities from India. IE Code is issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industries, Government of India. IE Code application must be made to the Directorate General of Foreign Trade along with the necessary supporting documents. Once, the application is submitted, DGFT will issue the IE Code for the entity in 15 - 20 working days or less.

Validity of IE Code

IE Code registration is permanent registration which is valid for a lifetime. Hence, there will be no hassles for updating, filing and renewal of IE Code registration. It is valid until the business exists or the registration is revoked or surrendered. Further, unlike tax registrations like GST registration or PF registration, the importer or exporter does not require to file any filings or follow any other compliance requirement like annual filing.

As IE code registration is one-time and requires no additional compliance, it is recommended for all companies and LLPs to obtain IE code after incorporation.

IE Code Exemption

An Import Export Code is required for import of any type of goods by a business. However, the following category of persons are exempted from obtaining an IE Code:

  • Importer and export by central Government or agencies or undertakings for defence purpose or other specified lists under Foreign Trade (exemption from the application of Rules in certain cases) Order, 1993.
  • Import or Export of Goods for personal use.
BASIC PACKAGE : Rs. 1,999

Market Price :    Rs. 3,000

  • Import-export code expert
  • Call, Chat, Email Support
  • Personally assigned IEC Expert
  • Included government Fees

 

STANDARD PACKAGE : Rs. 2,999

Market Price :    Rs. 5,000

  • Export code CERTIFICATE
  • Import-export code expert
  • Call, Chat, Email Support
  • Personally assigned IEC Expert
  • Included government Fees