Importer Exporter Code
List of documents required for Importer Exporter Code
Here's a standard list of documents necessary:
- Proof of Identity of the Applicant (PAN Card, Aadhar Card, Driving License, Passport, Voter ID Card)
- PAN of the Business Entity
- Proof of Ownership or Occupancy of Premises (Owned, Rental or Lease)
- Proof of Registered Office Address (Rental Agreement, Electricity Bill, Property Tax Receipt, Other Utility Bills)
- Cancelled Cheque of Business Bank Account
- GST Registration Certificate
Disclaimer: Additional documents maybe required, if requested by authority.
We aim to meet this timeline, though external factors may affect overall progress.
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WhatsApp UsImporter Exporter Code Registration
For any business or entity or individuals engaged in import or export of goods/services from India, an Importer-Exporter Code (IEC) is mandatory. The IEC is a ten-digit business identification number issued by the Directorate General of Foreign Trade (DGFT). It enables customs clearance, foreign currency transactions via banks, and access to export incentives, with no expiry but requiring mandatory annual update of their IEC details.
Who Must Apply for IEC Registration?
Any Individual or Entities involved in import or export must obtain an IEC. The types of entities that can apply for an IEC includes:
- Proprietorship
- Partnership
- Firms
- LLP (Limited Liability Partnership)
- Limited Company
- Trust
- HUF (Hindu undivided Family)
- Society
What Are the Prerequisites for IEC Registration?
Before applying for an importer-exporter code, it’s important that any entity should have has the following:
- The firm must have a Permanent Account Number (PAN)
- A bank account in the name of the firm
- A valid address that will be physically verified by the DGFT after the IEC is issued
Benefits of IEC
- Customs Clearance
- Foreign Payments
- Government Incentives
- Global Market Access
- Lifetime Validity
- Export Promotion
How Can GST Time Help
Our team of experts can help you obtain an Importer-Exporter Code (IEC) within the quickest possible turnaround time. This includes:
- Detailed information on the prerequisites to apply for an IEC
- Preparing and verifying the documents for IEC registration
- Detailed guidance on filling out the IEC application
- Submitting the IEC application
- Tracking the IEC application
- Delivering the IEC Certificate