IEC (Import Export Code)

Importer Exporter Code (IEC Code) is a unique 10-digit code required for any business entity to carry out import/export activities in India. IEC Code is mandatory to carry out any import/export activities in India. It is also used by the customs department to track the flow of goods in and out of the country. It also helps the businesses to avail benefits under export promotion schemes and participate in international trade fairs and exhibitions.

Validity of IE Code

The IE Code is valid for the lifetime of the entity unless surrendered or cancelled.

Nature of the Firm obtaining an IEC

Any business entity involved in import/export activities can obtain an IEC, such as sole proprietorship, partnership firm, LLP, private limited company, public limited company, etc.

Documents Required For Importer Exporter Code

PAN card and Aadhar Card
GST registration certificate
Cancel Cheque
Contact number and E- mail id
Nature of Business
Passport size photograph
Address proof. ( Light Bill , If rented Registered Rent agreement)

Procedure to submit IE Code Application

The application for IE Code can be submitted online through the DGFT website. The application must be filled with accurate information and the required documents must be uploaded. The fee for the application can be paid online.

Get Importer Exporter Code Certificate

After the submission of the application and the verification of the documents, the DGFT will issue the IE Code certificate in soft copy format, which can be downloaded from the DGFT website.

faq

Frequently asked questions

What is the importance of IE Code?

IE Code is mandatory for carrying out import/export activities in India. It is also required to avail benefits under export promotion schemes and participate in international trade fairs and exhibitions.

Is there a tax levied based on IE Code?

No, there is no tax levied based on IE Code.

Who must obtain IE code registration?

Any entity engaged in import/export activities must obtain IE code registration.

Can individuals obtain IE Code?

Yes, individuals can also obtain IE Code if they are engaged in import/export activities.

How long does it take to obtain IE Code registration?

The time taken to obtain IE Code registration depends on the accuracy of the application and the verification process by the DGFT. Generally, it takes around 3-5 working days.

What is the penalty for not having an IE Code?

Entities carrying out import/export activities without an IE Code can face penalties and legal actions as per the Foreign Trade (Development and Regulation) Act, 1992.

Do I have to file any returns for IE Code?

No, there is no need to file any returns for IE Code.

How long is the IE code valid for?

The IE Code is valid for the lifetime of the entity unless surrendered or cancelled.

Is there a need to obtain an IEC code to import or export goods for personal use?

No, there is no need to obtain an IEC code for importing/exporting goods for personal use.

How is the registration number allotted for the IEC number?

The IEC number is allotted based on the PAN of the entity.

Whether Is IEC required if you have GST?

Yes, IEC is required even if you have GST registration for carrying out import/export activities.

Can Export/Import be made without Import Export Code?

No, it is mandatory to have an IE Code to carry out import/export activities in India.

How can I modify my IEC application?

The modification in the IEC application can be made by submitting a modification request on the DGFT website.

What are the benefits of IEC?

The benefits of IEC include availing benefits under export promotion schemes, participating in international trade fairs and exhibitions, and carrying out import/export activities in a hassle-free manner.