Import Export Code (IEC) is a 10 digit code number, which is issued by the Director General of Foreign Trade (DGFT).It is required by any person who is into import/export business in the country.
Pay as you Grow !
Income tax return filing for an individual with salary income of less than 5
lakhs.
Rs. 3999 /-Inclusive of all charges
Income
tax return filing for an individual with salary income of less than 5
lakhs.
Rs. 5499 /-Inclusive of all charges
Income
tax return filing for an individual with salary income of less than 5
lakhs.
Rs. 6499 /-Inclusive of all charges
The online IEC Application form in the format Aayaat Niryaat Form (ANF) no.2A is filed with the Directorate General of Foreign Trade. (Offline registration can be done at the regional office of DGFT.
All the required documents, including bank details and DSC, have to be submitted.
Next, the Import Export code will be allotted and the application will be processes further.
Once all the documents and application are verified by the authorities, the import export license will be granted as a soft copy to the entity.
Individual’s or Firm’s or Company’s copy of PAN Card.
Individual’s voter id or Aadhar Card or Passport Copy.
Individual’s or company’s or firm’s cancel cheque copy of current bank account.
Copy of Rent Agreement or Electricity Bill Copy of the premise.
Global Market Reach
No Compliance and Annual maintenance
Other several Benefits
Easy to obtain
Are there any renewal and returns in IEC?
IEC registration is a one-time registration. Since it has lifetime validity, there is no need to renew it. The IEC is to be quoted at the time of importing or exporting or paying or receiving payments. No returns are to be filed for IEC as there are no post registration compliances.
How is the registration number allotted for IEC number?
Previously, the IEC department would issue a separate number for IEC code. Recently the Ministry initiated revisions due to which the PAN of an applicant will be the registration number of IEC. Hence the PAN and IEC number will be the same. The Ministry will register the applicant under IEC and issue the approval letter immediately notifying PAN as their IEC number.
Is IEC is only required for goods?
It is assumed that IEC is only for import or export of goods. But it is necessary for both goods as well as services. Import or export of services is an international transaction. So any person providing services beyond the boundaries of India has to make online IEC application.
Is there a separate code for Import and Export?
The same IEC can be used for import and export both. Quite a lot of people have the wrong idea that separate IEC codes are required for Import and export, but this is not so. There is only one registration for import and export and the same IEC number can be used while importing as well as exporting. Moreover, there are plenty of advantages of having Importer – Exporter Code for businesses
What are the documents required for obtaining a duplicate IEC?
To obtain duplicate IEC an applicant is required to file Duly filled application form along with application fee of Rs.200/ an affidavit on stamp paper of Rs.100/- duly notarized.