What is the cost of IEC code activation?

What is the cost of IEC code activation

The cost to activate or reactivate an IEC (Import Export Code) is often a concern for many import-export businesses in India. The good news is that there is no government fee for activating or reactivating your IEC through the DGFT (Directorate General of Foreign Trade) portal. Whether you’re updating existing information or confirming that nothing […]

What to do if IEC is suspended?

What to do if IEC is suspended

If your Import Export Code (IEC) is suspended, it means your ability to import or export goods has been temporarily halted. Here’s what you should do: Act quickly, as a suspended IEC halts all trade activities and can lead to penalties or delays. Regularly update and verify your IEC details to avoid future suspensions. Learn […]

How do I check if my IEC is active?

How do I check if my IEC is active

To check whether your Importer Exporter Code (IEC) is active, follow these steps through the Directorate General of Foreign Trade (DGFT) portal: You can also log in to your DGFT account and navigate to the My Dashboard section. Under IEC Profile, your IEC’s current status will be listed. Since August 2021, the DGFT has made […]

Why Does the IEC Get Deactivated?

Why does the IEC get deactivated

The Importer Exporter Code (IEC) issued by the Directorate General of Foreign Trade (DGFT) is a mandatory license for individuals or businesses involved in import or export in India. However, as per the latest DGFT guidelines, an IEC can be deactivated if not updated regularly. According to the IEC Advisory dated 12th February 2021, all […]

How Do I Reactivate My IEC?

How do I reactivate my IEC

To reactivate your Importer Exporter Code (IEC) in India, follow these steps via the DGFT portal. IECs that haven’t been updated annually are deactivated as per DGFT guidelines, but you can reactivate them easily: Note:There are no government fees for IEC updates or reactivation. It’s advisable to keep your IEC updated every year between April […]

Can I update IEC after due date?

Can I update IEC after due date

Yes, you can update your IEC (Import Export Code) even after the due date, but there are important implications to keep in mind. As per the Directorate General of Foreign Trade (DGFT) guidelines in India, all IEC holders are required to update and validate their IEC details online every year between April and June—even if […]

Is an IEC update mandatory?

Is an IEC update mandatory

Yes, updating your IEC (Importer Exporter Code) is mandatory under DGFT (Directorate General of Foreign Trade) regulations in India. As per the latest guidelines, all IEC holders must ensure their IEC is updated or confirmed annually, even if there are no changes to the existing details. This rule was introduced to keep the DGFT database […]

How do I update my IEC?

how do I update my IEC

To update your IEC (Importer Exporter Code), follow these steps through the DGFT (Directorate General of Foreign Trade) portal. IEC updates are essential to maintain the validity of your certificate and to avoid deactivation. Failure to update the IEC within the stipulated time may result in deactivation. Regular updates ensure compliance and avoid disruptions in […]

What is IEC Code Renewal Process?

IEC code renewal process

Renewing your Importer Exporter Code (IEC) certificate in India is a straightforward but essential compliance requirement governed by the DGFT (Directorate General of Foreign Trade). While the IEC does not require annual renewal, businesses must update and confirm their IEC details online every year, even if there are no changes. This process ensures that your […]

What is the IEC Code Renewal Period?

Iec renewal period

The Importer Exporter Code (IEC), issued by the Directorate General of Foreign Trade (DGFT), is a mandatory registration for anyone wishing to import or export goods and services from India. While earlier the IEC was issued for a lifetime with no requirement for periodic updates, this changed with DGFT’s amendment in 2021. As per the […]

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