Documents Required for Import Export Code Registration
Import Export Code (IEC) is a 10-digit Unique code required for a firm or individual to import/export goods/services from one country to another. The Director General of Foreign Trade (DGFT), Ministry of Commerce and Industries, Government of India, issues this IEC code. This code’s validity is indefinite, thus there is no need to renew it but we should get it updated whenever there are changes in the organization or between partners. This code is developed within 1 working day after receiving the documents required for import export code registration.
Access to government Programmes
Exporters who have received an IEC code online for their firm can take advantage of various the government’s many export incentive programmes, such as MEIS and the Rebate of State and Central Taxes and Levies (RoSCTL) Scheme. Exporters can also provide a (LUT) Letter of Undertaking under GST without having to pay the integrated tax.
Process to Register Import Export Code
1. Go to the DGFT website.
To apply for IEC, the first step is to visit the DGFT website. When you arrive to the webpage, you will discover information on exports, as well as the most recent updates and notices made by the DGFT. Choose ‘IEC’ from the drop-down list after selecting ‘Services’ from the navigation bar.
2. Enter your PAN information.
Enter your PAN number in the ‘Online IEC application’ field. After entering your PAN, enter your cellphone number and email address. Enter the CAPTCHA code and the token will be generated.
3. Complete the application
Enter the OTP sent to your registered mobile number and email address. Then fill out the application form with the necessary information. You will be asked for information about your company and its partners.
4. Submit documentation
Following that, submit any required papers, such as address proof and a bank certificate/cancelled check. Upload the documents in the desired format, such as PDF or GIF. These papers will need to be scanned and submitted. Your screen will now display a payment form. Several payment portals will be accessible after inputting the needed amount and pressing the submit button. Select the relevant option and make your payment.
5. Proofread and submit
After completing all of the preceding stages, you may preview your application form and print it for official use. If you discover an error, you may go back and make the appropriate modifications.
After the DGFT has validated and approved the submitted application, an Import Export Code will be created.
Documents Required for Import Export Code Registration
If you’re planning to import or export goods, you’ll need to obtain an Import Export Code (IEC) registration. However, the process can be delayed if you don’t have all the necessary documents in order. Here’s a guide to the essential paperwork you’ll need to have ready for a smooth IEC registration process.
PAN Card
One of the most important documents you’ll need for IEC registration is a PAN (Permanent Account Number) card. This is a unique 10-digit alphanumeric code issued by the Indian Income Tax Department. It’s mandatory for all individuals and entities that engage in financial transactions in India, including importers and exporters. Make sure you have a valid PAN card before applying for IEC registration.
Aadhaar Card or Voter ID Card
No, neither an Aadhaar Card nor a Voter ID Card is required for IEC registration. However, you will need to provide a valid PAN card and other documents such as a bank certificate, passport-sized photographs, and proof of address. It’s important to have all the necessary documents in hand before starting the IEC registration process to avoid any delays or complications.
Passport-sized Photographs
When registering for an Import Export Code, one of the essential documents you need to have in hand is passport-sized photographs. These photographs must be recent and clear, with a white background. You will need to provide two copies of the photograph, which will be used for your IEC application and other related documents. Make sure to have these photographs ready before starting the registration process to avoid any delays.
Bank Account Details and Cancelled Cheque
Another important document you need to have ready when registering for an Import Export Code is your bank account details. This includes the name of your bank, your account number, and the IFSC code of your branch. You will also need to provide a cancelled cheque as proof of your bank account details. Make sure the cheque is cancelled and has your name printed on it. Having these documents ready will ensure a smooth registration process for your IEC.
Business Address Proof
When registering for an Import Export Code, you will need to provide proof of your business address. This can be in the form of a rent agreement, electricity bill, telephone bill, or any other utility bill that has your business address printed on it. Make sure the document is recent and in the name of your business. If you are operating from a home office, you can provide a self-declaration letter stating your business address and a copy of your property tax receipt. Having the correct business address proof will ensure a hassle-free IEC registration process.
List of Required documents for IEC Registration are mentioned below in detail
A | Documents for Proprietorship firms |
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B | Documents for Partnership firm |
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C | Documents for LLP firm/ Government Undertaking/ Public Limited Company/ Private Limited Company/ Section 25 Company |
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D | Documents for Registered Society/ Trust |
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E | Documents for HUF firms |
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