IEC (Import Export Code): An Initial Step for every Importer & Exporter in India By CS Annu Sharma



Dear Professionals and Students,

Every Person who is going to start a business of Import or Export in India is required to get his PAN-based Import-Export Code (IEC) from Director General of Foreign Trade (DGFT), whether a person is willing to export his goods and services outside India or he is willing to import his goods or service from outside India.

Import Export Code is the first requirement for a business of import-export, but it is not required for the following circumstances:

  1. Import/export of goods for personal use, which is not connected with trade, manufacture or agriculture.
  2. Import/export by government ministries and departments, and certain notified charitable organizations.

Now our government has made simple procedure, through which a person can get his Import Export Certificate within 2-3 days after submission of application, which is completely connected to ease of doing business in India and Export-Import is becoming more simple & apt gradually.

Following are the steps to obtain Import –Export Code (IEC)

Step: 1 Prepare the Digital Signature:

Category of Person

Digital Signature Required

1.     Proprietorship Firm

2.     Partnership Firm

3.     Hindu Undivided Family

4.     Limited Liability Partnership (LLP)  

5.     Company            

6.     Registered Trust or Society      

7.     Any other Entity                

Individual Proprietor

Authorized Partner

Karta

Authorized Designated partner

Authorized Director

Authorized Member or Trust

Authorized person DSC shall be required


Step: 2 Be ready with your documents:

Category of Person

Documents Required

1.     Proprietorship Firm

 

 

PAN of Firm or Proprietor

Passport size photograph of Applicant

Cancel Cheque or Bank certificate

2.     Partnership Firm

 

 

PAN of Firm or Partner

Passport size photograph of Applicant

Cancel Cheque or Bank certificate

3.     Hindu Undivided Family

PAN of HUF or Karta

Passport size photograph of Applicant

Cancel Cheque or Bank certificate

4.     Limited Liability Partnership (LLP)

 

PAN of LLP

Passport size photograph of Applicant

Cancel Cheque or Bank certificate

5.     Company            

 

 

PAN of company

Passport size photograph of Applicant

Cancel Cheque or Bank certificate

6.     Registered Trust or Society  

 

PAN of Entity or Applicant

Passport size photograph of Applicant

Cancel Cheque or Bank certificate

  

7.     Any other Entity                

PAN of Entity

Passport size photograph of Applicant

Cancel Cheque or Bank certificate

Note: For Applying Import Export Code – Java must Be updated and Internet Explorer 11 and above is required

Note: Cancel Cheque must be bearing Name of Applicant or Entity

 

Link format of bank Certificate: http://dgft.gov.in/exim/2000/download/Appe&ANF/18A.pdf


Step:3 Login by visiting
http://164.100.78.104:8080/dgftiec/IEClogin.jsp

Now enter your PAN on the login page and mention your valid Email and Mobile number, as every time you log in for IEC you need to mention 2 OTP’s (one time password) from your mobile and Email.

After Signing Up Fill your details in the application available there and Upload the documents required. 

Step: 4 Proceed for Payment and Attach Digital Signatures:

After successfully filling of the application further proceed for payment through online mode, for applying for new registration.

Now click on Digital Signature and attach the DSC of an applicant and submit the same.

Post implementation of all steps an IEC Certificate is generally issued within 2-3 days if your application is complete without any discrepancy as if any discrepancy found in the IEC application department only rejects the application and fees needs to be paid again. 

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