Import Export Code Registration

Import Export Code Registration is Compulsory for any kind of Import Export Activity. IEC License Required by Importer, Merchant Exporter, Manufacturer Exporter, Export of Services. We will help you obtain the IEC Certificate with utmost ease and effortlessness.

Want to know More ?

Uses of Import Export Code

Why IEC Registration is Important?

Can import of goods from anywhere in world to India
Can export goods to anywhere from India
IEC Required for import remittance from bank
Can provide services to foreigner from India - Export of services
Required document for export subsidies & incentive
Can receive foreign currency payment for export

Pricing

(Simple & Clear Pricing. No Hidden Charges)

Government Fee	Rs 500
Professional Fees	Rs 1,959
Goods & Service Tax	Rs 540
Total Cost	Rs 2,999

Import Export Code Registration

(All you need to know)

Import Export Code or IEC is a 10-digit code that a business or a person needs to import/export goods/services. This code is issued by DGFT (Director General of Foreign trade), Ministry of Commerce and Industries, Government of India. The validity of this code is for lifetime, that is, there is no need to renew it. This code is generated within 5-15 working days after the documents are submitted and all the corrections required are made.

This code has many names, like importer exported code, import export code, import export license, import export number, IE code, IE license etc. You can issue this code in either your name or under company’s name. Once issued, it is valid for all its division/units/factories/branches.

When is IEC code required?

It is needed by the custom authorities to clear the shipments in the case of any imports.
Also, it is needed by the bank to transfer the amount in the case of any imports made.
Vis-à-vis if an exporter needs to send the shipments, then it is required.
Or, if the exporter is supposed to receive money in foreign currency and it is transferred directly into his bank account.

Documents Required for Import Export Code

Following Documents are required :-

ID Proof (Aadhar Card, Voter ID, Passport, Driving license, etc.)
PAN Card (for Indian Citizen) or Passport with Business Visa (for Foreign Citizen).
Address proof of the registered office (Latest Utility Bill Like Electricity Bill/Telephone Bill/ Postpaid Mobile Connection Bill/etc and Rent Agreement if the property is leased/ Sale Deed if the property is owned).
Sale Deed alongwith NOC (if premise owned) Or Rent Agreement
Mobile Number & Email id
Passport Size Photograph
Photo of Cancelled Cheque (Saving Account / Current Account)

Procedure for obtaining Import Export Code

Taxtorium can help you in obtaining Import Export Code. All you need to do is place an online order with us and we shall help you start it in no time. Your order shall be processed by our highly qualified team who shall ensure that the best quality services are provided to you. As mentioned earlier, our process is completely online so there is no need for you to visit our office. Please do contact us for any clarifications you need.

Documentation

Once we receive your request an expert reaches you, explains the whole process, and collects the necessary documents. The documents can be submitted online through our Taxtorium Website. You shall have to ensure that the documents are authentic and updated.

Applying for IEC Code

We draft your application for IEC code and file it with the DGFT office on your behalf. We pay the IEC government fee and follow up with the department for your license. Once your IEC CODE registration is completed we will send the IEC license to you by email.

Frequently Asked Questions

What is IE Code?

An Importer -Exporter Code (IEC) is crucial business identification number which mandatory for export from India or Import to India. Unless specifically exempted, any person shall make no export or import without obtaining an IEC.

Is there a tax levied based on IE Code?

No. IE Code is not a tax registration. So no tax is levied based on IE Code during import or export of goods or services. However, customs duty may be levied.

Can individuals obtain IE Code?

Yes, individuals acting as Proprietors of a business can obtain IE Code Registration.

How long is the IE code valid for?

IE Code is valid for the lifetime of the entity and renewal is also not necessary.

Is there any government fee for IE Code?

Yes, Rs.500 Requires to pay while filing IEC Application at DGFT Portal.

Who is registration for IEC mandatory?

Registration of IEC is mandatory for all entities who are involved in foreign trade or import and export of goods and services.

Is any penalty imposed for not obtaining the IEC registration?

No penalty is imposed for not having IEC registration. However, the only consequence is that you will not be allowed to carry out foreign trade through import and export of goods and services if you have not obtained the IEC registration.