Import Export Code

The Import Export Code (IEC) is a unique 10-digit alphanumeric code issued by the Directorate General of Foreign Trade (DGFT) in India. It is a mandatory requirement for individuals and businesses engaged in international trade, allowing them to import goods into India or export goods from the country. The IEC serves as a primary identification number for exporters and importers, facilitating smooth transactions and compliance with government regulations.

Obtaining an IEC is a straightforward process that involves submitting an application along with necessary documents, such as proof of identity, address, and bank account details. Once issued, the IEC remains valid for a lifetime, although it must be updated if there are any changes in the business structure or ownership.
The significance of the IEC extends beyond mere identification. It is essential for availing various benefits and incentives provided by the government, such as duty exemptions, export promotion schemes, and access to international markets. Additionally, the IEC is required for filing shipping bills, customs clearance, and other trade-related documentation.
In summary, the Import Export Code is a vital component of international trade in India, ensuring that businesses comply with legal requirements while facilitating the movement of goods across borders. It plays a crucial role in promoting trade, enhancing competitiveness, and contributing to the overall growth of the economy.

Who can Apply for IEC Code ?

The IEC code registration is applicable for all business registrations:

• Proprietorship
• Partnership
• LLP
• Limited Company
• Trust
• HUF
• Society