Import Export Code (IEC) is a mandatory registration for persons importing or exporting goods and services from India. IE Code is a distinct 10 alphanumeric characters identification number issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industries, Government of India. For export services, IEC is not required except when the service provider is taking the benefits of Foreign Trade Policy.
IE code is issued to companies that have PAN card or Company PAN card and Aadhar card along with some other documents like a copy of the cancelled cheque. . In the digital era, DialmyCA can help you get the licence at the most affordable rates.
All Importers who import goods into India require an IE Code. The IE Code is required to clear the customs. Also, when the banks send money abroad they need the 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 exporter's IE Code while receiving money from abroad. It is the primary proof of the importers and exporters.
IE Code is issued for the lifetime of the entity. Once an entity has taken the number the code requires no renewal. Thus presently if a company is not doing import or export then also can apply for it to use in future. It can be applied online and get it.
All Exporters who export goods or services from India require an IE Code. The IE Code must be quoted while sending shipments. To clear the customs, make or receive payment from abroad the IE code is mandatory.
Small import 2
15000+ GST 17%
124567+ GST 18%
A. Import Export Code Number is a unique 10 digit alphanumeric code issued by the Government of India. If a person is interested in making imports & exports, then he must apply for an Import Export Code Number (IEC).
Q. Can Export /Import be made without Importer Exporter Code?
A. No. without IE code if the export or import is made it is considered illegal and attracts penal charges.
A. Digital signature is used to validate online document submission. From 1st April 2016, it is mandatory to validate the form and other documents using a digital signature. It is possible to obtain the digital signature with DialmyCA for validity of two years.
Q. Which are the specific cities where the service will be delivered?
A. The service is state-specific in case you need a shop license and will be rendered only in specific cities being Mumbai, Gurgaon, Hyderabad, Kolkata, Jaipur, Surat, Bangalore, Chandigarh, Pune and Delhi.
A. IEC is the primary document for recognition by the Government of India as an Exporter/Importer. the companies can obtain various benefits for doing the exports/imports from DGFT, Customs, Export Promotion Council etc.
Q. How much time is required to take IEC?
A. In ten working days the IEC code can be received.