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IEC

IEC registration is required by a person for exporting or importing goods. It is a 10 digit code which is issued by the Directorate General of Foreign Trade (DGFT). All businesses which are engaged in Import and Export of goods require registering Import Export Code. IE code has lifetime validity. Importers are not allowed to proceed without this code and exporters can’t take benefit of exports from DGFT, customs, Export Promotion Council, if they don’t have this code.

The IE Code must be quoted by importers while clearing customs. Also, banks require the importers IE Code while sending money abroad. For exporters, IE Code must be quoted while sending shipments. And banks require the exporters IE Code while receiving money from abroad.



Features of Import Export Code

sujataassociates.com can incorporate a Private Limited Company in 14 to 20 days, subject to ROC processing time.

Business growth

Taking your services or products to the international market will enlarge your businesses. IEC enable you to sell products outside India.

Export Subsidies

On the basis of IEC, companies or firms can benefits and subsidies their exports/ imports from DGFT, Customs and export promotion council..

Lifetime Validity

Once you are done with IE Code registration and submit all the required documents. IE Code is issued for the lifetime of the entity and requires no renewal.

No return Filing

IE Code does not require filing of any return. Once, an IE Code is issued there are no further procedures required to maintain validity of the IE Code..

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Company Registration Process – Company Registration Online

Frequently Ask Qustion

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