Import Export Code (IEC)



What is Import Export Code (IEC)?

Import Export Code (IEC) is necessary for import/export of goods. The first requirement before you start an import/ export business in India is to obtain an IEC. IEC Code is unique 10 digit code issued by DGFT – Director General of Foreign Trade, Ministry of Commerce, Government of India. An IEC Number allotted to an applicant shall be valid for all its branches/divisions/units/factories as indicated on the IEC number.

However, under the following circumstances IEC code is not required:

     1. Import/export of goods for personal use, which is not connected with trade, manufacture or agriculture.

     2. Import/export by government ministries and departments, and certain notified charitable organizations.

F.A.Q

It stands for Import Export Code. It is required for person importing or exporting good and services to or from India.
Any person who wishes to import or export any goods and services to or from India shall obtain IEC Code.
Yes, individuals can obtain IEC Code.
No, a person cannot have more than 1 IEC.
I need to provide an affidavit so that a copy can be issued.
Yes, you can surrender your IEC code. You need to inform the issuing the authority about such decision. And they shall immediately cancel your IEC number after electronically transmitting it to DGFT for onward transmission to the Customs and Regional Authorities.
Any person who intends to start his/her import/export business shall get IEC number.
Yes, individuals can apply for IEC code.
Normally, it takes 5 to 10 days to get IEC code.
No, we don’t need to show any proof of any import or export to obtain IEC Code.
Yes, you can apply for modification.
It requires re-submitting the application again to DGFT along with the required documentation and fees.
It requires re-submitting the application again to DGFT along with the required documentation and fees.
No, you are not required to file any return.
No, once an application is done, it shall be valid for all items.
Yes, IEC code has lifetime validity.