Import & Export Code

Filling out the form is quick and easy and will provide you with numerous benefits in the long run. By this, you will be able to get consultation from ournareshv & associates CA/CS and will be able to get Guidance. So, why wait? Take the first step towards a bright future for your business and fill out the form today.

List of documents required for Import and Export code.

1.PAN Card of the company or the applicant
2.Bank account statement of the company or applicant
3.Photocopy of Driving License
4.Photocopy of the cancelled cheque
5.A copy of Aadhar/Voter ID
6.Certificate of Partnership Deed/Incorporation
7.Address proof of the registered office premise

To any business that is involved in the import-export activities in India, it is mandatory to obtain your IEC registration done. Once the IEC code renewal is obtained it holds the validity for the lifetime of the proprietor of the business or for the business. IEC registration code can be done online by visiting the Directorate General of Foreign Trade (DGFT) website.

Following Is The Step By Step Process Of IEC Registration:

• Visit DGFT or Directorate General of Foreign Trade Website ( www.dgft.gov.in ). Then you need to click on the option 'Apply for New Import Export Code (IEC) or Modify existing IEC.'

• Fill the PAN details of the applicant. Then fill the following information such as Name (as per the PAN), Date of Incorporation or Date of Birth, Captcha Code

• After entering the basic details, click on submit.

• Next step is to enter the mobile number and email address. And enter the Captcha code and then tap on ‘Generate OTP’. Enter the OTP and submit it.

• The next step is the generation of E-Commerce number, then you need to provide the following details: Name of the company, address of the company, mobile number and email address as entered earlier, name on PAN card, date of company Incorporation, nature of company such as Private Limited, Public Limited, Proprietorship, LLP, and Undertaking, and so on.

• Business activity of the company such as Merchant Exporter, Service provider, Manufacturer Exporter, etc. Account holder name, Bank account number and details of the applicant.

• After entering all the information, submit the application.

• In the next page, you have to fill the Branch Details of the company or firm such as Branch SI. No, 6 Digits PIN and Address of the Branch And update the information of Director/Partner/Proprietor/Karta/Managing Trustee

• Once all needed details are filled, upload the required documents such as Address Proof, Cancelled cheque, or Bank certificate are submitted.

• Then follows the fees payment and fees verification as prescribed in the application

• Preview the completed application, check it thoroughly and click on Print Application.

• The final step is to submit your application with DSC or without DSC of the applicant

• The IEC registration helps traders open the doors to venture into the global market, including registration in online e-commerce operators

• Businesses can avail government schemes like the Merchandise Export from India Scheme (MEIS), the Service Export from India Scheme (SEIS), and others from customs and export promotion

• No compliance requirements pos registration and hence maintaining the business is relatively simple

• The process of obtaining IEC is not tedious and can be obtained with minimal, basic documents.

The Import and Export code (IEC) is important because it is a mandatory requirement for businesses in India that engage in import and export activities, it is globally recognized, it enables businesses to receive payments and avail government benefits, and it is necessary for banking and payment transactions in foreign currency.

Having an IEC allows you to engage in international trade, receive payments in foreign currency, and avail various government benefits, including customs duty exemption and export promotion schemes.