How to Get Import Export Code (IEC) in India: Step-by-step
Share
Without an IEC (Import Export Code), you can't export from India, import to India, or even open a bank account.
For imports, IEC is a fundamental and crucial certificate that you'll need. Thankfully, it's not complicated and you can get an Import Export Certificate from home (No agents necessary).
Further, the technology wave didn't escape the government's earnest efforts to make it easier than ever to start and run your retail business.
An Import Export Code (IEC) is a mandatory 10-digit number required by any business or individual planning to engage in import or export activities in India.
This comprehensive guide will walk you through the process of obtaining your IEC from the Directorate General of Foreign Trade (DGFT).
What is an Import Export Code (IEC)?
An IEC is a unique identification number issued by the DGFT, Ministry of Commerce and Industry, Government of India.
This code remains valid for your business lifetime unless cancelled. It's essential for:
- Import and export operations (also includes services exports and imports)
- Customs clearance
- Filing shipping bills
- Processing international trade documents
Eligibility Criteria for IEC Registration
Before applying for an IEC, ensure you meet these eligibility requirements:
- Must be an Indian citizen or a registered business entity in India
- Should have a valid PAN card
- Must have an active bank account
- Should not be declared bankrupt or legally incapacitated
Required Documents for IEC Application
Gather the following documents before starting your application:
For Individuals:
- PAN card copy
- Recent passport-size photograph
- Current bank account details
- Proof of residence (Aadhaar card, voter ID, or driving license)
For Companies/LLPs:
- Company PAN card
- Certificate of incorporation
- Bank account details
- Director's details and photographs
- Address proof of the registered office
Import Export Code (IEC) Application Process: Step-by-Step
- Visit the DGFT Website
- Go to the official DGFT website
- Click on "New User Registration"
- Create Your Account
- Register as a new user
- Verify your email and mobile number
- Log in to your account
- Fill the IEC Application Form
- Select "Apply for IEC" under services
- Choose the appropriate business entity type
- Fill in all mandatory fields accurately
- Upload required documents in the specified format
- Pay the Application Fee
- Current fee: Rs. 500 (subject to change)
- Make payment through net banking or credit/debit card
- Save the payment confirmation
- Submit and Track
- Review all information before final submission
- Note down the application reference number
- Track application status through the DGFT portal
Processing Time For IEC and Approval
The typical processing time for IEC registration is 10-15 working days. However, applications without errors and complete documentation may be processed faster.
The approved IEC certificate can be downloaded from the DGFT portal.
Important Tips for Quick Approval
- Double-check all information before submission
- Ensure documents are clearly scanned and readable
- Use active business email and phone numbers
- Keep PAN details updated
- Maintain consistency in business address across all documents
Common Mistakes to Avoid while applying for IEC
- Submitting incomplete documentation
- Providing incorrect bank details
- Using personal email IDs for business applications
- Inconsistent business name across documents
- Uploading poor quality scanned documents
Post-IEC Registration Requirements for IEC
After obtaining your IEC:
- Keep your DGFT profile updated
- Report any changes in business details within 90 days
- Maintain proper documentation of all international trades
- Comply with foreign trade policies
Legal Compliance and Validity of IEC
The IEC remains valid indefinitely unless:
- The business closes down
- Changes in company structure occur
- Violations of foreign trade policies are reported
- The holder requests cancellation
For specific queries or technical issues, contact: DGFT Helpdesk: 1800-111-550 or email them.
Obtaining an IEC is a crucial first step for engaging in international trade in India.
While the process might seem complex, following this step-by-step guide and ensuring all documentation is in order will help you secure your IEC efficiently.
Remember to maintain compliance with foreign trade regulations and keep your DGFT profile updated for smooth international trading operations.
[Note: This content was last updated in December 2024. Regulations and processes may change, so it's recommended to verify current requirements on the official DGFT website.]
Need help with Importing products? Would you like help with source countries, supplier research, supplier management, supplier payments, logistics, and getting products straight to your door?