Get Import Export Code (IEC) registration to start your import/export business!
We will help you get your IEC in just 3 days! *Conditions Apply We collect all the basic details We ask you to submit the supporting documents We also follow up with the DGFT until your code is issued.
Documents Required from Directors, Shareholders
- Pan Card Copy (Mandatory)
- ID Proof (Any one) – Driving License/ Voter ID/ Passport Copy/ Aadhaar Card
- Address Proof – Latest Bank Statement/ Latest Telephone or Mobile Bill/ Latest Electricity Bill.(MUST be less than 30 days old)
- Passport Size Photograph
Documents Required for Registered Office Address
- NOC – No Objection Certificate from the Owner of the Property
- Address Proof – Latest Telephone Bill or Mobile Bill/ Gas Bill/ Electricity Bill (MUST be less than 30 days old)
Import Export Code Registration - an Overview.
An import export code is a unique 10-digit code that is required for every import/export business owner in India. The code is issued by the Director-General of Foreign Trade (DGFT), Ministry of Commerce, and needs no filing or renewal. IEC is required by importers to clear customs and shipment, and to transfer money to foreign banks. Exporters require their IEC to send shipments and receive money from foreign banks. In short, no importer/exporter can operate in India without getting the IEC.
Benefits
- The IEC registration helps traders open the doors to venture into the global market, including registration in online e-commerce operators
- Businesses can avail government schemes like the Merchandise Export from India Scheme (MEIS), the Service Export from India Scheme (SEIS), and others from customs and export promotion
- No compliance requirements pos registration and hence maintaining the business is relatively simple
- The process of obtaining IEC is not tedious and can be obtained with minimal, basic documents.
How to Register for an IEC
To get your import export license online, you will need to do the following simple IEC registration steps.
- Step 1: All the required documents, including bank details and DSC, have to be submitted
- Step 2:The online IEC application form will be filed with the Directorate General of Foreign Trade (DGFT)
- Step 3: Once the documents and application are verified by the authorities, the import export code will be granted as a soft copy to the entity.
Documents Required
The documents required for an IEC registration are relatively easy to get together. Only a few documents are required, which are listed below.
- PAN card of the company (not applicable in case of the proprietor)
- Applicant’s PAN and Aadhaar card (driving license/Aadhaar/voter ID)
- Incorporation certificate/partnership deed
- Address proof (electricity bill/rent agreement/sale deed of the office location)
- Copy of cancelled cheque leaf/banker certificate of the current account in the name of the company.
Eligibility
Any type of business registration: sole proprietorship, partnership, private limited companies, charitable organizations dealing with import and exports of goods can register for import-export code, irrespective of the size. However, an IEC is not required for import/export of goods for personal use, which are not connected with trade, manufacture, or agriculture. There is no need for a business set up.
Exemption of IEC
- Persons undertaking import and export of goods for personal reasons and not connected to trade, agriculture and manufacture
- Through Indo-Myanmar border areas and China (via NamgayaShipkila, Gunji, and Nathula ports), the parties/individuals who import/export goods to/from Nepal and Myanmar with single consignment must not exceed the value of ₹25,000
- As listed in appendix - 3, schedule 2 of ITC, exemption from obtaining IEC shall not be applicable for export of materials, organisms, special chemicals, equipments & technologies (SCOMET)
- Ministries/departments of central and state governments.
Following permanent IEC numbers shall be used by non-commercial PSUs and categories of importers/exporters mentioned against them for import/export purposes.
| S.No | Code Number | Categories of Importers / Exporters |
|---|---|---|
| 1 | 0100000011 | All Ministries / Departments of Central Government and agencies wholly or partially owned by them. |
| 2 | 0100000029 | All Ministries / Departments of any State Government and agencies wholly or partially owned by them. |
| 3 | 0100000037 | Diplomatic personnel, Counselor officers in India and officials of UNO and its specialised agencies. |
| 4 | 0100000045 | Indians returning from / going abroad and claiming benefit under Baggage Rules. |
| 5 | 0100000053 | Persons / Institutions / Hospitals importing or exporting goods for personal use, not connected with trade or manufacture or agriculture. |
| 6 | 0100000061 | Persons importing/exporting goods from/to Nepal |
| 7 | 0100000070 | Persons importing/exporting goods from/to Myanmar through Indo-Myanmar border areas |
| 8 | 0100000088 | Ford Foundation |
| 9 | 0100000096 | Importers importing goods for display or use in fairs/exhibitions or similar events under provisions of ATA Carnet. This IEC number can also be used by importers importing for exhibitions/fairs as per Para 2.29 of HBPv1. |
| 10 | 0100000100 | Director, National Blood Group Reference Laboratory, Bombay or their authorized offices. |
| 11 | 0100000126 | Individuals / Charitable Institution / Registered NGOs importing goods, which have been exempted from Customs duty under Notification issued by Ministry of Finance for bonafide use by victims affected by natural calamity. |
| 12 | 0100000134 | Persons importing/exporting permissible goods as notified from time to time, from/to China through Gunji, Namgaya Shipkila and Nathula ports, subject to value ceilings of single consignment as given in Para 2.8(iv) above. |
| 13 | 0100000169 | Non-commercial imports and exports by entities who have been authorized by Reserve Bank of India. |
Commercial public sector undertakings (PSU) who have obtained PAN will, however, be required to obtain the import export code number. The permanent IEC number as mentioned above shall be used by non-commercial PSUs.
Why Efinac?
- Our experts will guide you throughout the process, from filling up the checklist to processing the documents
- We'll keep you informed about the status of your application
- Our experts will complete the import export code registration process smoothly and at the best rates
- The entire procedure with us takes approximately 10 days
- We will assist you in obtaining your import export licence online.
Importer Exporter Code Glossary
AES: Automated Export System
Automated export system (AES) is the system used by U.S. exporters to electronically declare their international exports to the census bureau to help compile U.S. export and trade statistics.
FTR: Foreign Trade Regulations
Trade regulation is a field of law, often bracketed with antitrust, including government regulation of unfair methods of competition and unfair or deceptive business acts or practices.
POA: Power of Attorney
A power of attorney or letter of attorney is a written authorization to represent or act on another's behalf in private affairs, business, or some other legal matter. The person authorizing the other to act is the principal, grantor, or donor (of the power). The one authorized to act is the agent or, in some common law jurisdictions, the attorney-in-fact.
FAQs
It is mandatory to apply for licence renewal 30 days before the expiry of the existing licence. Non-renewal of licences can fetch a fine of ₹100 per day until the renewal is done.
The registered office of your company will need a central licence. Your manufacturing units will also need individual state licences for each state they’re in.
Yes, you do. You need a central licence registered from the address in the import export code.
Yes, whether you manufacture, distribute, transport or trade food additives, you will need an FSSAI licence to do it.
It is mandatory for all catering establishments, even the railways, defence and airport to get an FSSAI licence.
Perhaps you have a few separate warehouses within one city, then you will need a separate licence for each. If all your warehouses are confined to one campus, however, you can apply for a single licence citing the campus’s address
Yes, the process is 100% online. We will provide you with a dashboard in which you can comfortably track everything.
As long as you are involved in any process related to selling food, then yes, you need to get FSSAI registration for your home kitchen.
FSSAI has been created for laying down science-based standards for articles of food and to regulate their manufacture, storage, distribution, sale and import to ensure the availability of safe and wholesome food for human consumption.
The fee for FSSAI registration depends on the type of registration and the period for which you are getting the licence. Our experts will guide you on how to decide these factors.
To review means to look back over something for evaluation or memory.
