The Import Export Code (IEC) is a unique 10-digit code required for all businesses engaged in import or export activities in India. Issued by the Directorate General of Foreign Trade (DGFT) under the Ministry of Commerce, the IEC serves as a critical authorization for businesses to operate in the global trade environment. Importers need the IEC for customs clearance, shipment processing, and for making payments to foreign banks, while exporters need it to send goods and receive payments from international clients.
The IEC code is essential for all import and export transactions and can be obtained with a simple registration process. Once issued, it does not require renewal and remains valid indefinitely.
If you plan to start importing or exporting goods, obtaining an Import Export License is a must. Shiromani Associates offers expert guidance throughout the IEC registration process, ensuring seamless completion.
Step 1: Document Submission
Prepare the required documents, including:
Bank Details: Current account details of the business.
Digital Signature Certificate (DSC): To sign the application electronically.
Step 2: Filing the IEC Application
Submit the IEC application form online via the Directorate General of Foreign Trade (DGFT) portal. Ensure that all details are correctly filled out to avoid delays.
Step 3: Verification and Issuance
Once submitted, the DGFT will verify the application and the documents provided. Upon successful verification, the IEC code will be issued to the applicant or the entity as a soft copy. The registration process is typically quick, and businesses can begin importing and exporting once the code is issued.
To register for an IEC, ensure that you have the following documents ready:
PAN Card of the company (Proprietors are not required to submit a company PAN card).
PAN and Aadhaar Card of the applicant (alternatively, a valid government-issued photo ID such as a driving license, voter ID, or passport).
Incorporation Certificate or Partnership Deed, depending on the business structure.
Proof of Registered Office Address: Documents like an electricity bill, rent agreement, or sale deed of the office location.
Copy of Cancelled Cheque Leaf or Bank Certificate from the company’s current account.
Expertise: Our team at Shiromani Associates ensures a smooth and efficient IEC registration process.
Quick and Hassle-Free: We handle the filing and follow-up, ensuring a fast turnaround time for your IEC issuance.
Comprehensive Support: From document preparation to final approval, we offer end-to-end assistance.
Affordable Services: We provide transparent and competitive pricing with no hidden charges.