What is IEC
What is IEC ?
IEC or Import-Export Code is a 10 Digit unique code issued by directorate general of foreign trade (DGFT) of commerce and industries ministry of government of India.
Who requires IEC Registration?
An individual or business type who intends to import or export goods and services from or to India must require an Import Exports Code.
How much time it will take to acquire/obtain an Import Export Code?
Import Export Code can be obtained in a week from the date of filing application.
What is the validity of IEC Code?
IE Code is one-time license and it is valid for the lifetime of business.
Is DSC required to obtain IEC Registration?
No, DSC is not required for applying import exports code.
Do we receive any hard copy from the department?
No, you will receive final soft copy of IEC certificate via email.
Are any monthly returns required to be filed under Import Export Code?
IEC is a license allowing the import and export of goods and service. Therefore, no return is required to be filed under IEC code.
Do I need to physically present for the process?
No, You don’t need to be physically present for the process, IEC Mumbai is an online catering platform all you need is internet connection in your phone/computer and the required documents with you and we can get the job done no matters even if you are present at remotest location of the India.
Is there any penalty on not having an IE code?
There is no penalty for not having an IE code but importing and exporting are not possible without an IE code.
How much time does it take to get an Import Export code?
Generally, it takes 3 to 7 days to get the IE code certificate after the submission of all required documents and information.