Import Export Code Registration | Register Online IEC – The Biz Solution

Importer Exporter Code

Import Export code more commonly known as IEC is a ten digit code number. Import Export (IE) Code is a registration required for persons importing or exporting goods and services from India. All businesses which are engaged in Import and Export of goods require registering Import Export Code. IE code has lifetime validity. Importers are not allowed to proceed without this code and exporters can’t take benefit of exports from DGFT, customs, Export Promotion Council, if they don’t have this code.

IE Code application must be made to the Directorate General of Foreign Trade along with the necessary supporting documents. Once, the application is submitted, DGFT will issue the IE Code for the entity in 15 – 20 working days or less.

Reasons to Register a IE Code

No Return Filing

IE Code does not require the filing of any return. Once, an IE Code is issued there are no further procedures required to maintain validity of the IE Code. Even if import or export transactions occur, there are no filings required to DGFT.

Exporters Require IE Code

All Exporters who export goods or services from India require an IE Code. The IE Code must be quoted while sending shipments. And banks require the exporters IE Code while receiving money from abroad.

Proprietors can have IE Code

Even individuals who are proprietors of a business can obtain IE Code in their name. It is not necessary to incorporate a business entity for obtaining IE Code.

Lifetime – NO Renewal

IE Code is issued for the lifetime of the entity and requires no renewal. So once a IE Code is obtained, it can be used by that entity for all its import or export transactions without any further hassles.

What is Import Export Code ?

IEC(Import Export Code) is known as many names such as importer exporter code, import export code, import export license, import export number, IE code, IEC license, IE license etc. In simple terms, IE CODE NO. is a 10 digit code which is provided by DGFT required for import export transactions. You can take IE code in your personal name or company name.

An IEC number issued to applicant shall be valid for all its divisions/ units/ factories/ branches. IEC is valid for lifetime and there is no need to renew the same.

Procedure For Import Export Code 


Features of Import Export Code

All importers who import goods are required to register Import export code and all exporters need this code to obtain the benefits of exports.
Even individuals who are proprietors can obtain the code in their name.It is not necessary to setup a business for the same.
IEC code holder does not require filing of any returns.
IEC Code is issued for lifetime and requires no renewal.

SIMPLE & TRANSPARENT PRICING


-17%
2,999.00 2,499.00
-14%
-20%

Who can obtain IEC Certificate ?