Structured Biiz

IMPORT EXPORT CODE​

The Importer – Exporter Code (IEC) is a 10 digit identification number that is a key business identification number which is mandatory for Exports or Imports. No person shall make any import or export except under an IEC Number granted by the DGFT.

The nature of the firm obtaining an IEC may be any of the follows- “Proprietorship, Partnership, LLP, Limited Company, Trust, HUF and Society.”

What are the situations when IEC is required?

Application Process

An application for grant of IEC number shall be made by the Registered/Head Office of the applicant. In case the applicant is a Company, an application needs to be made to the nearest Regional Authority of Directorate General Foreign Trade where the Registered Office of the Company is situated. In case of other applicants,  an application needs to be made to the nearest Regional Authority of Directorate General Foreign Trade where the Head office of the applicant is situated. The application needs to be made in the ‘Aayaat Niryaat Form – ANF2A’ and shall be accompanied by documents prescribed therein.

In case of STPI/ EHTP/ BTP units, the Regional Offices of the DGFT having jurisdiction over the district in which the Registered/ Head Office of the STPI unit is located shall issue or amend the IECs.

Only one IEC would be issued against a single PAN. Any proprietor can have only one IEC number and in case there are more than one IEC’s allotted to a proprietor, the same may be surrendered to the Regional Office for cancellation.

Conditions of license

Amendment of license

The Licensing Authority may of its own motion or on an application by the licensee, amend any license in such manner as may be necessary or to rectify any error or omission in the license.

Declaration as to Importer Exporter Code Number

On the importation into or exportation out of any Customs port of any goods the importer or exporter shall in the Bill of Entry or Shipping Bill or, as the case may be, in any other documents prescribed by rules made under the Act or the Customs Act, 1962 (52 of 1962), state the Importer-Exporter Code Number allotted to him by the Competent Authority.

Confiscation & Redemption

Any imported goods or materials for which

has been, is being, or is attempted to be, contravened, shall together with any package, covering or receptacle in which such goods are found, be liable to be confiscated by the Adjudicating Authority, and where such goods or materials are so mixed with any other goods or materials that they cannot be readily separated, such other goods or materials shall also be liable to be so confiscated.

The Adjudicating Authority may permit the redemption of the confiscated goods or materials upon payment of redemption charges equivalent to the market value of such goods or materials.

Import Export Code Registration Service

Import Export Code Registration - Rs. 5,999/-

Inclusive of IEC Registration Fees, Government Fee & Class III DSC – Organizational & GST