Director-General of Foreign Trade (DGFT), Ministry of Commerce provide An unique 10-digit code (import export code)that is required for every import/export business owner in India. This code has many names, like importer exported code, import export code, import export license, import export number, IE code, IE license etc. You can issue this code in either your name or under company’s name. Once issued, it is valid for all its division/units/factories/branches. It is mandatory for companies and businesses to obtain this code to start a business that deals with import and export in the Indian Territory. It is not possible to deal with export or import business without this code. There are certain processes and conditions that you need to fulfill in order to obtain the Import Export Code. You also need to adhere to certain regulations. Once you fulfill the conditions, you can get the IEC code from the DGFT offices.

Validity of IE Code

IE Code registration is permanent registration which is valid for a lifetime. Hence, there will be no requirement of annual filing and renewal. It is valid until the business exists. As IE code registration is one-time and requires no additional compliance.

Benefits of IE Code

• 1) No requirement for renewal: The validity of an Import Export Code lasts until the entity exists. As such, those who hold this code will not have to ever worry about renewing it.
• 2) No return filing: Registering for Import Export Code will mean that you need not file any returns. Once the code has been allotted to you, you will not be required to follow some kind of process to ensure that its validity is sustained. Even with regard to export transactions, you will not be required to file your returns with the Director General of Foreign Trade.
• 3) Simple Documents Required– To do IEC Registration one needs to have simple documents like Pan card,address proof of applicant, registered office address, cancel the cheque, branch office address
• 4) Reduces the risk of Illegal transportation-As the process is considered as cross border business which helps to lesser illegal transportation.
• 5) Global Market Reach– With the help of IEC registration business owners can easily take their business abroad and can have global customers

Documents Required

Following documents required for an IEC registration :-

• 1)PAN card (proprietor/partnership firm/company etc.)
• 2) Aadhaar card of Applicant
• 3) Registration certificate (like-company Incorporation certificate/partnership deed/Gst registration etc)
• 4)Address proof (electricity bill/rent agreement/sale deed of the office location)
• 5)Copy of cancelled cheque/bank statement.

Justefilling Process for Import Export Code.

• Day 1 – Discussion and Collection of Required Documents and same day online filling of all documents regarding Import Export Code.
• Day 2 – send you Import Export Code certificate by mail.