IEC is short for Import Export Code. It is a 10-digit code issued by the Directorate General of Foreign Trade (DGFT), Government of India, to any person or entity who wishes to import or export goods or services from India.
The Import Export license or IEC Code is a mandatory requirement for all Indian exporters or importers. So if you wish to Import or Export goods from India, you must complete the Import Export registration by obtaining an Import Export Code.
This helps ensure that all imports and exports are regulated and accounted for by the government.
Note: It is mandatory for all types of entities to apply for IEC , whether you’re an Individual, Sole Proprietor or Partnership Firm or Company.
The eligibility criteria for online IEC application is as follows:
Want to know how to get import and export license?
You must follow these three steps:
Want to apply for IEC by yourself?
Here’s a detailed guide on import export license procedure –
Here is the step by step process to apply for Import Export License online.
To start the process of getting your Import Export license,
Create an account on the DGFT portal.
You have now successfully created your account and can now apply for DGFT license.
Gather all the above documents and get ready to apply for IEC.
Follow these steps to submit your Import Export Code application
IEC application process is now complete.
To download your IEC –
Note: You won’t get a hard copy of your IEC. Take a print out of the soft copy and it shall be enough anytime you need to attach your IEC.
The government fees for import export license registration is ₹500. This is to be paid at the time of application. If you’re applying for IEC online by yourself, there’s no other fees you need to pay.
However, many consultants can help you apply for import and export registration for a professional import export license fees can cost up to ₹3500.
At JPARKS INDIA, we help you apply for import and export license for ₹2500/-
But don’t just choose import export license consultants based on cost – you must consider
At JPARKS INDIA, we:
In some cases, you may find it difficult to complete the IEC application by yourself. Following are some of the challenges you may face when you apply for IEC.
Recheck all the details to solve these errors. Contact Us, In case of any difficulties and our team will help you apply for IEC within 24 hours.
Once your apply for IEC, the validity of your IEC or Import Export license is for a lifetime. However, you must update your IEC annually between April to June.
Need help with IEC update? Enquire now!
At JPARKS INDIA, we provide End to End support to help you apply for IEC within 24 hours.
Step by step process to apply for IEC with JPARKS INDIA
This helps you save valuable time that is often wasted in tedious compliance, So you can focus on your business’ growth.
Contact us now to apply for IEC and get your Import Export License within 24 hours!
An IEC is a 10-digit code issued by the Directorate General of Foreign Trade (DGFT) to any person or entity who wishes to import or export goods or services from India.
Any person or entity who is a resident of India and is of legal age can apply for an IEC.
You can apply for an IEC online on the DGFT portal. You will need to create an account on the portal and fill up an application form. You will also need to upload certain documents, such as your PAN card, address proof, and bank account details. Read our blog to apply for IEC yourself. https://www.jparks.co/services/apply-for-iec/
Once you have submitted your IEC application form and uploaded all the required documents, it will take a few hours but the DGFT may take 2-3 working days to process your application and issue your IEC certificate.
The government fee for applying for an IEC is ₹500.
Other consultants may charge up to Rs. 3500/-. We charge Rs. 2,500/- and apply for IEC within 24 hours.
No, you cannot get an IEC license without a PAN card. A PAN card is a mandatory requirement for applying for an IEC.
No, you cannot get an IEC license if you are not a resident of India. Only Indian residents are eligible to apply for an IEC.
Yes, you can get an IEC license for your business even if it is not registered in India. However, you will need to submit additional documents, such as the incorporation certificate of your business and the address proof of your business’s registered office.
No, you cannot get an IEC license if you have any outstanding liabilities to the DGFT or the Customs Department. You will need to clear all your outstanding liabilities before you can apply for an IEC.
You can verify the validity of your IEC license on the DGFT portal. Simply head to DGFT portal and under services tab select view IEC related details. enter your IEC code, the name of your firm and captcha code. The portal will show you the validity of your license.
Your IEC license is valid for a lifetime. However, you need to update your IEC annually between April and June.
You can download your IEC license from the DGFT portal. Simply login to your account and click on the “My IEC” tab. You will then see a button to print your IEC license.
There are many benefits to having an IEC license, including:
You can import and export goods and services from India.
You can access various government benefits and schemes.
Your business credibility is enhanced.
It is mandatory for opening a bank account for import-export business.
You’re in the right place, JPARKS INDIA Pvt. Ltd. is a leading Import Export license consultant in India. We are based in Navi Mumbai, Maharashtra but work with Importers and Exporters PAN India. Call now +91 9167379073.
An import export license consultant can help you with the IEC application process and ensure that your application is complete and error-free.
JPARKS INDIA Pvt. Ltd. is the best import export license agent in Mumbai, just look us up on google and you’ll find our stunning reviews.
We have helped 100s of Importers and Exporters apply for IEC across India.