When importing or exporting from India, an IEC (Import Export Code) licence is one of the requirements. Importer-Exporter Code is another name for it. Anyone who wants to start an import/export firm in the country will need an IEC (Import Export Code). The DGFT is the one who
issues it (Director General of Foreign Trade). IEC is a 10-digit code that is valid for a lifetime. Generally, importers merchants cannot import products without an Import Export Code, and exporters merchants cannot take use of DGFT incentives such as the export scheme, etc., without an IEC. This code, however, is valid for a lifetime. As a result, the candidate will not need to go through the certification renewal process.
Below is the procedure for IEC registration-
The registration process is the initial step in getting an Import Export License online. The DGFT's government portal allows anyone to register online.
The form filling and document uploading are combined in the next step. The "ANF2A" (Aayat Niryat Form 2A) must be completed and all essential documents attached.
Your application form is sent to the DGFT for document verification after it is submitted. Based on the papers you have supplied, your application may be approved or rejected. As a result, one must be extremely cautious when uploading documents.
The final step in receiving your Import Export Code is to fill out the form. Your Import Export Code will be supplied to you once your IEC application has been approved by DGFT. If you apply online, you will receive an e-IEC once it has been accepted by the appropriate authority. Your e-IEC will be available on the DGFT website when you receive an email notification.
From filling out the checklist to processing the documents, our professionals will walk you through the entire procedure. We'll keep you updated on your application's progress. Our professionals will finish the import export code registration process in a timely and efficient manner.
Any person or company involved in international trading of goods and services must register for an IE code.
Companies can receive numerous benefits from DGFT, Customs, and the Export Promotion Council, among others, based on IEC.
No, each person/entity is only given one IEC. If more than one IEC code is issued, all of them must be returned to the Regional Office for cancellation.
You certainly can. You must notify the issuing authorities of your decision. After electronically transferring your IEC number to DGFT for transmission to Customs and Regional Authorities, they will promptly cancel it.