Exporting From India Series: How to Obtain an Import Export Code (IEC)

The Import Export Code (IEC) is a unique 10-digit code issued by the Directorate General of Foreign Trade (DGFT) and is a mandatory requirement for anyone wishing to engage in the import or export of goods and services from India. It serves as an identification number for businesses dealing in international trade.

Without the IEC, customs clearance for shipments and bank transactions related to exports or imports cannot proceed. Additionally, exporters cannot avail of government benefits or incentives without this code.

Steps to Apply for IEC

Follow these detailed steps to apply for and obtain your IEC:

1. Visit the DGFT Website and Register as a User

1. Go to the official DGFT website (https://dgft.gov.in).
2. On the homepage, click on the “Services” tab and select “IEC Profile Management” from the dropdown menu.
3. If you’re a first-time user, create an account by clicking on “Register”.
   • Provide your basic details such as name, email, and mobile number.
   • Verify your contact details using the OTP sent to your email and phone.
4. Once registered, log in to the DGFT portal using your credentials.

2. Fill Out the IEC Application Form (ANF 2A)

1. After logging in, navigate to the IEC Profile Management section.
2. Choose the option to apply for a new IEC and fill out Application Form ANF 2A.
3. Provide the following details in the form:
   • Business Information: Business name, PAN (Permanent Account Number), and nature of business (proprietorship, partnership, company, etc.).
   • Bank Account Details: Include the bank account number and IFSC code where export-related transactions will occur.
   • Owner/Partner Details: Personal details of the business owner(s), including Aadhaar or other ID proof.
   • Address Details: Registered business address, email, and contact number.

3. Pay the Application Fee

1. Once the form is completed, proceed to the payment section.
2. Pay the application fee online through net banking, debit/credit card, or UPI.
   • The fee is nominal, generally around ₹500 (subject to government updates).
3. After payment, a confirmation receipt will be generated. Save it for your records.

4. Upload the Required Documents

Ensure you have scanned copies of the necessary documents ready for upload. The required documents include:

1. PAN Card: Proof of the business entity's or individual applicant's identity.
2. Aadhaar Card/Voter ID/Passport: Personal identification of the business owner.
3. GST Registration Certificate: If applicable, to demonstrate GST compliance.
4. Bank Account Proof: Cancelled cheque or a bank certificate on the official letterhead, showing account details and IFSC code.
5. Business Address Proof: Utility bills, rent agreements, or property tax receipts for the business location.

Upload clear, legible copies of these documents in the required format (PDF or JPEG, as specified).

5. Receive Your IEC Electronically

1. Once all details are filled and documents uploaded, submit the application for processing.
2. The DGFT will review the submitted information and documents.
   • If additional details or corrections are required, you will be notified via email.
3. After approval, the IEC will be issued and sent to you electronically at your registered email address.
   • You can also download it directly from your DGFT portal dashboard.

Important Notes About IEC

1. Validity: The IEC is valid for a lifetime, and there’s no need for periodic renewal.
2. No Returns Required: Unlike GST, there’s no requirement to file returns for IEC.
3. Updates/Modifications: You can modify your IEC details online through the DGFT portal if your business information changes.
4. Exemptions: Certain individuals or entities (e.g., ministries, departments) may be exempt from needing an IEC for specific goods or services.

Benefits of IEC

• Facilitates international trade by ensuring seamless customs clearance.
• Provides access to export incentives like duty drawback and GST refunds.
• Enables bank transactions in foreign currencies related to exports and imports.
• Establishes credibility with international buyers.

By obtaining the IEC, businesses are equipped to engage in global trade, ensuring compliance with Indian export/import regulations while accessing government benefits and incentives.