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IEC Registration Online

You need to have IEC Registration, a 10-digit code issued by the Directorate General of Foreign Trade (DGFT), in order to start an import & export in India.

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Import Export Code

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 a 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 the 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 customs 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.
  •   A visa is essential if an exporter needs to send shipments.
  •    Alternatively, if the exporter is anticipated to receive funds in foreign currency and they are transferred immediately into his bank account.

Documents required for IEC Code

Sole Proprietorship
  •   Digital photograph (3*3)
  •   Copy of pan card of the proprietor
  •   Copy of passport/voter id/driving license/UID
  • If the business is self-owned, then sale-deed
  •  If the business is rented, then the rental/lease agreement
Partnership Firm
  •    Digital photograph (3*3) of the managing partner signing the application
  •    Copy of partnership deed
  •    Copy of passport/voter id UID/driving license/PAN of the managing partner signing the application
  •    Sale-deed, in the case of self-owned business
  •    If the business is rented, then the rental/lease agreement
  •    Bank Certificate as per ANF 2A/ Cancelled cheque bearing the

LLP

  •    Digital photograph (3*3) of the designated partner/director of the company signing the application
  •   Applicant’s copy of pan card
  •   Copy of passport/voter id UID/driving license/PAN of the managing partner/director signing the application
  •   Sale-deed, in the case of self-owned business
  •    If the business is rented, then the rental/lease agreement
  •    Bank Certificate as per ANF 2A/ Cancelled cheque bearing the blueprinted name of the applicant entity and A/c no.

Trust

  •   Digital photograph (3*3) of the secretary/chief executive/signatory applicant
  •   Registration certificate of society/copy of the trust deed
  •   Copy of passport/voter id UID/driving license/PAN of the managing trustee/chief executive signing the application
  •  Sale-deed, in the case of self-owned business
  •  If the business is rented, then the rental/lease agreement
  •   Bank Certificate as per ANF 2A/ Cancelled cheque bearing the blueprinted name of the applicant entity and A/c no.

Steps to Apply Import Export Code

Step 1 : Application Preparation

In order to get code, an application must be made in the Aayaat Niryaat Form 2A format to the DGFT in that region where the registered office of the company is established. The government has also arranged an online filing facility for obtaining IEC CODE ONLINE.


Step 2: Application Processing

Details of the business and its proprietors, directors or partners, bank account details, and a bank certificate are the basic requirements of ANF 2A. All the required documents for IEC need to be submitted with ANF 2A. A digital signature is required on the ANF2A form.


Step 3 : IEC fee payment

Once the application is complete, it should be filed with DGFT and an application fee needs to be paid to the government. IEC department may send back your application for correction/change. You need to reply back to the DGFT in 15 days.


Step 4 : IE Code Issuance

Once the application is completely verified by the department, the Directorate General of Foreign Trade will allot an IE Code for your business. This IE code comes in both soft copy and hard copy. You receive the softcopy via email and can start the import-export transaction with this.

Benefits of IEC Code

Business growth

  • A business has an option for online international marketplaces like Amazon.com, Alibaba, etc.
  • IEC is mandatory to avail of growth opportunities via import/export.

Export subsidies

  • Indian government follows a policy of exporting the goods and not the taxes.
  • An exporter can get a refund of any taxes paid while exporting the goods.
  • Government even waives some import duties, if the importer promises to export the goods within a time frame.

Lifetime validity

  • As the name suggests, there is no need to renew this code again and again.
  • It will be valid till the entity for which it is issued exists. After the winding up of the company, this code expires.

No return filing

  • There is no compliance requirement for IEC
  • Including this, there is no need to file periodical returns.
  • It is just like a PAN card.

Online procedure

  • The whole procedure can be carried out online and there is no need to go anywhere physically.
  • There is no more inspector raj.
  • It is very cheap to register your code now @Rs.3,499 only from our website.
 
Validity of FSSAI License
 

FSSAI License is issued by the department for 1-2 year for the same. After that there is renewal process of FSSAI License. if you want to check validity or authority of FSSAI License then you can checkout here about How to Check FSSAI License Number Online.

 
Important Guidelines for the Food License Registration
 

If any food operator is operating in more than 10 state then its required the central registration for the registered office.
If Importers or exporters apply for the FSSAI Registration then they need IEC Code before the Food License & have to apply on the same address.
The brand owner have to display the FASSI Logo and license number on the food package.

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