Licenses & Registration
Import Export Code (IEC) Registration
An Import Export Code is the passport for cross-border trade — without it, customs authorities and banks will not clear your import or export shipments and remittances.
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What is Import Export Code?
The Import Export Code (IEC) is a 10-digit registration issued by the Directorate General of Foreign Trade (DGFT) that is mandatory for any business or individual wishing to import or export goods and services from India. Since 2021, the IEC is linked to and largely mirrors the applicant's PAN, and no separate renewal is required, though the details must be confirmed annually on the DGFT portal. Customs authorities require a valid IEC to clear shipments, and banks require it to process related foreign currency payments and receipts.
Key Features
10 Digit IEC Code
10-digit code issued by DGFT and linked to the applicant's PAN.
Customs Clearance
Mandatory for clearing import and export shipments through customs.
Annual Confirmation
No renewal required, but annual online confirmation of details is necessary.
One IEC Coverage
One IEC covers all import-export activity of the entity across India.
Bank Transactions
Required by banks to process related inward and outward foreign remittances.
IEC Exemptions
Certain categories like personal use imports are exempt from IEC requirement.
Advantages
Global Market Access
Unlocks access to international markets and global buyers or suppliers.
Export Benefits
Enables participation in export promotion schemes and incentives.
Foreign Currency Support
Required to open foreign currency accounts for trade transactions.
Online Processing
Simple fully online application process with fast turnaround time.
Secure GST Compliance
Maintain accurate GST records and ensure smooth compliance.
Documents Required
PAN card
Aadhaar card
Cancelled cheque
GST certificate
Mobile number linked with Aadhaar
MSME / Udyam certificate
Digital Signature Certificate (signing type)