Finlegalforte

Import Export Code Registration

Central or state Government ministries or departments.

Individuals importing or exporting items for personal use that are unrelated to trade, manufacturing, or agriculture.

Import Export Code Registration- An Overview

Import Export Code, which is commonly abbreviated as IEC is the first registration required for the business entities who are dealing in Importing or exporting of goods and services from India. IEC is issued by the Directorate General of Foreign Trade (DGFT). It is a passport for import and export business.

REGISTRATION PROCESS OF - Import Export Code Registration

Documents Required for Import Export Code Registration

The following company documents have to be attached with the eform AOC-4 XBRL:

Frequently Asked Questions

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 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
You can get IEC code registered by using our expert services at LegalRaasta.
We at LegalRaasta cost our clients Rs.3,499 to get a new IEC code and Rs.2,000 to make some amendments in the IEC code.
Step 1: Preparing application
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. Government has also arranged online filing facility for obtaining IEC CODE ONLINE.Step 2: Processing of application
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. Digital signature is required on the ANF2A form.Step 3: Payment of fee
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 assurance
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.

A-the list below describes the total documents required to get IEC registration for an entity. For any other, the list is mentioned above.

• Copy of PAN card firm/company
• Copy of property papers (if owned property)
• Copy of rent agreement (if rented property)
• Landlord NOC (format will be provided by us)
• Cancelled cheque of firm
• Electricity/water bill (business place)
• Telephone bill in the same name
• Copy of tax returns (in case of proprietorship)
• Certificate of incorporation (in case of company)
• Bank statement of firm/Company
• AOA and MOA (In case of company)
• 1 letter head of company (in case of company)

No. Only 1 IEC is issued to a person/entity. So if more than 1 IEC code is issued, then the same should be surrendered to the Regional Office for cancellation
In such a case, you need to provide an affidavit so that the issuing authority of the IEC code can issue a copy of your IEC number.
Yes you can. You need to inform the issuing the authority about such decision. And they shall immediately cancel your IEC number after electronically transmitting it to DGFT for onward transmission to the Customs and Regional Authorities.

Import Export Code Registration

Open chat
1
💬 Need help?
Hello ✋
Can we help you?