Importer-Exporter Code (IEC)
Register for your IEC
The Importer-Exporter Code (IEC) is a key business identification number that is mandatory for Exports or Imports. No person shall make any import or export except under an IEC Number granted by the Directorate General of Foreign Trade (DGFT). In the case of the import or export of services or technology, the IEC shall be required only when the service or technology provider is taking benefits under the Foreign Trade Policy or is dealing with specified services or technologies.
The nature of the firm obtaining an IEC may be any of the following:
Proprietorship, Partnership, LLP, Limited Company, Trust, HUF, and Society. Consequent to the introduction of GST, the IEC number is the same as the PAN of the firm. The IEC would be separately issued by DGFT.
IEC is required in the following situations:
When an importer has to clear his shipments from customs then it’s needed by the customs authorities.
When an importer sends money abroad through banks then it’s needed by the bank.
When an exporter has to send his shipments then it's needed by the customs port.
When an exporter receives money in foreign currency directly into his bank account then it's required by the bank.
How can we help?
Simply email us the required documents to obtain IEC at the earliest. Once you submit the documents, our compliance team will get in touch with you to expedite the application process.