Easy Way to Achieve Import Export (IEC) Code – Step by Step Guide

Posted by Ananya Nair on January 18th, 2020

(IEC) Code is a 10-digit number assigned by the Director General of Foreign Trade (DGFT) to someone who deals in importing or exporting of goods.

IEC is a code allotted to Individual PAN Number or company PAN number for importing/exporting of any goods/services and also to avail several benefits from Export Development Council or DGFT.

In order to get an IEC code you need to submit few valid documents and follow the required procedure of registration so that Government of India can ensure about your authenticity as an individual or business entity.

The following discussion can help you to understand the step by step process of IEC registration. 

Documents for IEC Code Registration -

Proper documentation plays a very significant role in the registration process of IEC. A different set of documents are required for individuals and business entity. Below are the basic required documents for the entire process:

• Copy of PAN Card for an individual/company
• Copy of Voter ID/Passport or Aadhaar card of the individual.
• Copy of cancelled cheque or current bank account or an individual or a business entity
• Rent agreement copy or copy of electricity bill of the premise

Steps included in IEC Registration -

IEC code registration process can be completed the most convenient way after following the below steps:

Application to DGFT – At the initial stage you’re required to send an application to DGFT in Aayaat Niryaat Form 2A format.

Required documents must be submitted along with Aayaat Niryaat Form 2A. DSC (Digital Signature Certificate) must be there on the form.

Application fee – Application must be submitted to DGFT with required application fee. If there would be any necessity for alteration DGFT would send back the application to you. After making the required corrections you should reply DGFT by 15 days.

Issuance of Import Export Code -

Once complete verification of the application is done DGFT would issue the Import Export Code for your business. You’ll receive the code in both soft and hard copy. In case there is a delay in receiving the hard copy of the registered version of the IEC you can still start business transactions with the soft copy that you’ll receive through email.

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