Import Export Registration

₹ 1999/-

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Import Export Registration

The Importer -Exporter Code (IEC) is a key business identification number which is mandatory for Exports or Imports. No person shall make any import or export except under an IEC Number granted by the DGFT. In case of import or export of services or technology, the IEC shall be required only when the service or technology provider is taking benefits under the Foreign Trade Policy or is dealing with specified services or technologies

Import Export Code or IEC is a 10-digit code that a business or a person needs to import/export goods/services. The validity of this code is for lifetime, that is, there is no need to renew it.

Benefits of IEC Code

Lifetime validity: - Once issued, an IEC code is valid for the life of the company and does not require renewal or modification, except under certain circumstances, such as a change in the legal name or address of the company.
Easy for foreign trade: - An IEC code is recognized by all government agencies and financial institutions in India and abroad, making it easier for businesses to conduct international trade.
Global reach: - Business with an IEC code have a wider reach than domestic entrepreneurs, as they have free access to international markets and advantages over domestic business.
Eligible for govt schemes: - Businesses having an IEC code are qualified for a number of government programs and advantages pertaining to international commerce, including duty drawback, advance approval, and the export promotion capital goods (EPCG) programs.

Process for IEC code application

Check eligibility: - Business engaging in foreign trade activates have to apply for IEC code so first you have to check eligibility.
Arrange documents: - applicant must arrange necessary documents before applying for IEC code
Visit DGFT website: - Applicant must visit the DGFT website and then create username and password.
Fill the form: - Applicant must fill the form accordingly after login
Submit documents: - applicant must submit required documents to proceed further.
Pay fee: - Pay the fees as applicable
Submit the application: - after filling the form and fees payment applicant must submit the application.
Track application: - after submit the application applicant have to take note of application number from which he can track its application status.
Get IEC code: - after reviewing your application department will provide you IEC code to your in your registered email ID.

Frequently Asked Question

How much does it cost to get the IEC Registration?

At Ampuesto, IEC will cost you Rs 3199/- all inclusive and 1500 for make some amendments in IEC.

Can I surrender my IEC?

Yes you can. You need to inform the issuing authority about this. They shall immediately cancel your IEC number electronically.

Can an individual apply IEC?

Yes. Individuals can apply for IEC, if they own a business in proprietorship or partnership

What is the Validity of the IEC Code?

It is valid for a lifetime period. However, you need to apply for renewal every year your IEC in the future.

What happens if IEC number is lost or misplaced?

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.

Can a person/Entity have more than 1 IEC?

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.

What is the time taken to acquire Import Export Code?

After submitting all the requisite documents IEC is typically allotted by DGFT in 5-10 days. It is not necessary to show proof of any import or export to obtain IE Code. Now a days, as IEC can we partially applied online with the help of digital signature, IEC can be obtained in less than a week

How Ampuesto will help me apply for Trademark Application?

AMPUESTO will help you in registering Import Export Code. You just need to simply complete the small form and our team will call you and help you in registering your Import Export Code Application in a very cost effective way.