INTRODUCTION

IEC (Import Export Code) is required by anyone who is looking to kick-start his/her import/export business in the country. It is issued by the DGFT (Director General of Foreign Trade). IEC is a 10-digit code that has lifetime validity. Predominantly importers merchant cannot import goods without the Import Export Code and similarly, the exporter merchant cannot avail benefits from DGFT for the export scheme, etc. without IEC.

Pre-Requisites for Applying for IEC

IEC may be applied on behalf of a firm which may be a Proprietorship, Partnership, LLP, Limited Company, Trust, HUF, Society. The firm must have a PAN, bank account in the name of the firm, and a valid address before applying. The address may be physically verified by the DGFT on the issuance of the IEC. Please keep your PAN, bank details, and firm details ready before applying.

Why IEC required?

1. When an importer has to clear his shipments from the customs then it’s needed by the customs authorities.

2. When an importer sends money abroad through banks then it’s needed by the bank.

3. When an exporter has to send his shipments then it’s needed by the customs port.

4. When an exporter receives money in foreign currency directly into his bank account then its required by the bank.

PROCEDURE
01.

First, you need to prepare an application form in the specified format – Aayaat Niryaat Form no. 2A format and file it with the respective Regional office of DGFT.

02.

Secondly, you need to prepare the required documents with respect to your identity & legal entity and address proof with your bank details & the certificate in respect of ANF2A.

03.

One your application is completed, you need to file with DGFT via DSC (Digital Signature Certificate) and pay the required fee for the IEC Registration.

04.

Finally, once your application is approved then you would receive the IEC Code in a soft copy from the government.

DOCUMENTS REQUIRED
  • Individual’s or Firm’s or Company’s copy of PAN Card
  • Individual’s voter id or Aadhar card or passport copy
  • Individual’s or company’s or firm’s cancel cheque copy of current bank account
  • Copy of Rent Agreement or Electricity Bill Copy of the premise

TIMELINE

It takes around 10-15 days
WHY US ?

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Point 2

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Point 3

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FAQs

Whether manufacturers of drugs & medicines can also get NSIC registration?

As such NSIC does not register any units engaged in the manufacturing of drugs & medicines.

Whether traders can be registered under SPRS?

NSIC does not register the traders in SPRS.

Do you provide this service in my town?

Yes E-StartupIndia is an online platform serving all over India no matters wherever you are doing business all you need is internet connection on your mobile or desktop and we are ready to get your job done.