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How To Register for A Import Export Code

Verify the information

All documents you are sending to us for the filing of an IEC are carefully checked.

Step 1

Online Apply

We will then process your request online

Step 2

Continuation

We also obey the DGFT up to the issuance of your code. The TIN shall be released within 10-15 days of the request.

Step 3

An Overview

Import Export Code

A 10-digit unique importer export code is needed for every business owner of importation and export in India. The code is published by the Department of Commerce and does not require submission or renewal of the Foreign Trade Directorate General (DGFT). The IEC must clear its customs and shipments and pass funds to foreign banks through importers. Exporters require IEC to send shipments to foreign banks and to receive capital. Briefly, no importer/exporter in India can do business without the IEC.

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Benefits

  • The registration of the IEC allows traders access the global market, including registration with e-companies.

  • Companies may use government schemes such as Indian Export Merchandise Scheme (MEIS) and Indian Customs and Export Promotion (SEIS) and other services.

  • No post-registration and therefore retention criteria are comparatively simple.

  • The IEC process can be accessed through limited, simple documentation and is not a tedious process.

Import Export Code

Documents Required

Import Export Code Registration Necessary documents

The required documents are relatively unregistered for Iec. Only a few documents that are mentioned below for a better range are needed.

  1. Person or business PAN card
  2. Copy of the ID (Driving licence/Aadhar/Voter ID) of the government body
  3. Certificate of incorporation/partnership certificate
  4. Present bank account statement of personal or business
  5. Address evidence (Electrical bill/rental/sales agreement)
  6. Copy of the current account’s cancelled cheque leaf
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    Import Export Code

    Exception

    Persons who import and export products and are not linked to commerce, agriculture or produce on personal grounds.

    The parties / individuals importing/exporting goods to/from Nepal/Myanmar with single consignments must not exceed the value of Rs 25000 via Indo-Myanmar border regions and China (via NamgayaShipkila, Gunji and Nathula ports).

    The IEC exception does not apply to export of commodities, organisms, special chemicals, equipment and technologies as set out in Appendix 3 of Annex 2 of ITC. Ministries / Central and State departments (SCOMET)

    Following permanent IEC numbers shall be used by non-commercial PSUs and categories of importers/exporters mentioned against them for import/export purposes.

    Below the table, we need to write Source: DGFT

     

    S.No      Code Number     Categories of Importers / Exporters

    1             0100000011        All Ministries / Departments of Central Government and agencies wholly or partially owned by them.

    2             0100000029        All Ministries / Departments of any State Government and agencies wholly or partially owned by them.

    3             0100000037        Diplomatic personnel, Counselor officers in India and officials of UNO and its specialised agencies.

    4             0100000045        Indians returning from / going abroad and claiming benefit under Baggage Rules.

    5             0100000053        Persons / Institutions / Hospitals importing or exporting goods for personal use, not connected with trade or manufacture or agriculture.

    6             0100000061        Persons importing/exporting goods from/to Nepal

    7             0100000070        Persons importing/exporting goods from/to Myanmar through Indo-Myanmar border areas

    8             0100000088        Ford Foundation

    9             0100000096        Importers importing goods for display or use in fairs/exhibitions or similar events under provisions of ATA Carnet. This IEC number can also be used by importers importing for exhibitions/fairs as per Para 2.29 of HBPv1.

    10           0100000100        Director, National Blood Group Reference Laboratory, Bombay or their authorized offices.

    11           0100000126        Individuals / Charitable Institution / Registered NGOs importing goods, which have been exempted from Customs duty under Notification issued by Ministry of Finance for bonafide use by victims affected by natural calamity.

    12           0100000134        Persons importing/exporting permissible goods as notified from time to time, from/to China through Gunji, Namgaya Shipkila and Nathula ports, subject to value ceilings of single consignment as given in Para 2.8(iv) above.

    13           0100000169        Non-commercial imports and exports by entities who have been authorized by Reserve Bank of India.

    Commercial Public Sector Undertaking (PSU) who have obtained PAN will, however, be required to obtain the Import Export Code number. The permanent IEC number as mentioned above shall be used by non-commercial PSUs.

    IE CODE VALIDITY

    The export code is permanent and valid for life once it has been registered. Therefore, no renewal or upgrade is needed at all. It lasts until the company stops or the registration is cancelled. The company does not submit monthly or annual documents, such as GST, PF, etc.

    CMR Referral Referral

    RCMC is an export promotion board of the Govt of India registration cum-member certificate. For firms dealing with the export of restricted goods RCMC is needed and those seeking concessions as duty withdrawal under the Foreign Trade Policy. IE CODE VALIDITY

    The export code is permanent and valid for life once it has been registered. Therefore, no renewal or upgrade is needed at all. It lasts until the company stops or the registration is cancelled. The company does not submit monthly or annual documents, such as GST, PF, etc.

    CMR Referral Consultation

    RCMC is an export promotion board of the Govt of India registration cum-member certificate. For firms dealing with the export of restricted goods RCMC is needed and those seeking concessions as duty withdrawal under the Foreign Trade Policy.

    Import Export Code

    Eligibility

    Any form of registration of businesses should be registered for the importing export and import export of products by the sole proprietorship, partnership, private limited companies, charitable organisations.

    Any business registration type: sole proprietorship, partnership, private limited businesses, charitable import and export organisations of goods can register for importation/export code of any scale. However, IE code for importation/exportation of products not related to commerce, manufacture or agriculture, for personal purposes is not necessary. No need to set up a business.

    Frequently Asked Questions

    What is IE Code? What is Merchandise export from India (MIES) scheme?

    The IEC is the 10-digit code given by the Director General of Foreign Trade, Department of Trade, Government. It is a registration required for traders to or from India who import or export goods and services. The MEIS scheme provides exporters with various benefits and incentives. Exporters receive such benefits at a prescribed rate that differs between products.

    Who requires an Importer Exporter Code ?

    Any person/society dealing with exports and importations of goods and services in international trading must register in IE code.

    Is there any tax levied based on IE Code?

    The IE Code does not constitute a tax registration. However, depending on the commodity, some customs duties may be charged

    Can Export /Import be made without having an Importer Exporter Code ?

    No. The IEC is a necessary document to be recognised as Export/Importer of Goods and Services by the Government of India. However, if the value of the product is too low, it is highly unlikely that customs authorities will allow the first export by imposing nominal charges.

    Can individuals obtain IE Code?

    Anyone who is the sole owner of a company can obtain the Registration of an IE code.

    How to register for IEC? – A detailed IEC procedure

    You have to do the following quick IEC registration process to get your Import export licence online.

    Step 1: Aayaat Niryaat Form No. 2A, the online form for IEC application is submitted to the Foreign Trade Directorate General. Alternatively, the DGFT Regional Office may also be done offline.

    Step 2: All relevant documentation must be submitted, including bank information and DSC

    Step 3: The next step is to assign the import export code and process the application further

    Step 4: The import export licence will be issued to the entity as a copy software once the documents and application are checked by the authorities.