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Import Export Code Registration

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Overview of Importer Exporter Code (IEC)

To import and export items, a business organisation must have an import and export code, which is a 10-digit unique identity supplied by Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industries, Government of India. The Import and Export Code facilitates the company’s global expansion. In order to clear customs, the merchant must first establish that the importing company has an IE code and is registered for GST.

Finding the IE Code is completely online and becomes hassle-free with the assistance of Law Suvidha experts.

Benefits of IE code

  • The IEC registration enables traders to enter the worldwide market, including registration with online e-commerce operators.
  • Businesses can take use of government programmes such as the Merchandise Export from India Scheme (MEIS), the Service Export from India Scheme (SEIS), and others in the customs and export promotion sectors.
  • There are no compliance obligations following registration, therefore running the firm is quite straightforward.
  • The procedure of getting IEC is simple and requires only a few basic papers.

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Documents Required For Importer Exporter Code

  • PAN Card
  • Aadhaar Card
  • Incorporation Certificate
  • Cancelled Bank Cheque
  • Electricity Bill
  • Rental Agreement

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Importer Exporter Code

Frequently Asked Questions (FAQ)

IEC is exempt from taxation. It may levy customs duty depending on the categorization of imported or exported goods.

Modifications can be made in the IEC application online. It is necessary to resubmit the application to the DGFT with all essential documentation. In addition, the department receives the fees associated with IEC modifications.

ICEGATE is a Central Board of Excise and Customs [CBEC] web portal that provides import and export-related services to trade and freight carriers, as well as other Customs Department customers.

ICE GATE Verification guarantees that a corporate entity’s IEC Code registration in government customs databases is kept up to date.

With ICE GATE verification, exporters and importers will experience no problems while importing and exporting products and services owing to a lack of data in government customs office databases.

Every year, between April and June, the IEC holder must guarantee that the details in its IEC are electronically updated.

No, you will receive the final soft copy of the IEC certificate through email.