Import Export Code (IEC) Registration

What is an Import Export Code (IEC)?

The Import Export Code (IEC) is a key business identification number which is mandatory for export from India or import to India. It is issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industries, Government of India.

No person shall make any import or export except under an IEC Number granted by the DGFT. It is a 10-digit code with lifetime validity. With Taxcrafted Solutions, you can obtain your IEC seamlessly, ensuring your business is ready for the global market.

When is IEC Required?

By importers to clear customs.
By importers to send money abroad.
By exporters to send shipments.
By exporters to receive money.
For food licensing (FSSAI).

Key Benefits

Global Market Reach
Lifetime Validity (No Renewal)
No Return Filing Required
Simple Processing
Avail Govt Benefits (MEIS/SEIS)

Registration Process & Requirements

Simple steps to take your business international.

Documents Required

PAN Card of Individual/Firm
Voter ID/Aadhaar/Passport
Cancelled Cheque of Current Account
Rent Agreement/Electricity Bill
Digital Signature (DSC)

Our Process

Document Verification
DSC Registration
Online Application Drafting
Fee Payment to DGFT
IEC Certificate Issuance

Updates & Modification

Change in Business Address
Change in Directors/Partners
Change in Bank Details
Annual IEC Update (Mandatory)
Surrender of IEC

Frequently Asked Questions

Common queries about Import Export Code (IEC).

Is IEC mandatory for all importers and exporters?

Yes, Import Export Code (IEC) is mandatory for anyone looking to start an import/export business in India. It is required by customs authorities to clear shipments and by banks to transfer foreign currency. However, it is not required for personal use imports.

Does the IEC code expire?

No, the IEC code has lifetime validity. Once issued, it does not expire. However, it is now mandatory to update your IEC details annually on the DGFT portal (between April and June) to keep it active, even if there are no changes.

Can an individual apply for IEC?

Yes, an individual acting as a Proprietor of a business can obtain IEC in their name or their firm's name. The PAN card of the individual will be used for registration.

Do I need to file any returns for IEC?

Unlike GST or Income Tax, there are no monthly or annual returns to be filed specifically for IEC. The only compliance requirement is the annual updation/confirmation of details on the DGFT portal.

What documents are needed for IEC application?

You need a PAN Card (Individual/Firm/Company), Aadhaar Card (of the proprietor/partners/directors), a Cancelled Cheque from the business current account, and proof of business address (Rent Agreement/Electricity Bill).