To import in India or export out of India, IEC i.e. Importer Exporter Code is mandatory. Importer Exporter Code is unique 10 digit code issued by DGFT – Director General of Foreign Trade. No person or entity shall make any Import or Export without Importer Exporter Code Number.
Without the Import/Export code, you are not allowed to indulge in the process of importing and exporting your goods.
IEC is valid throughout the country, without being subject to state registration and is valid for all the branches or factories of the importer/exporter.
On the basis of IEC, companies can obtain various benefits on their exports /imports from DGFT, Customs, and Export Promotion Council etc.
Any bonafide person/ company starting a venture for International trade.
On the basis of IEC, companies can obtain various benefits on their exports/ imports from DGFT, Customs, and Export Promotion Council etc.
No, IEC is a permanent document issued to the Importer/Exporter only once and the same is not item based. The exporter/importer can venture into any item of Import/Export based on the IEC issued.
Only one IEC would be issued against a single PAN number. Any proprietor can have only one IEC number and in case there are more than one IECs allotted to a proprietor, the same may be surrendered to the Regional Office for cancellation. In case of more than one proprietorship firm belonging to one proprietor, they will be indicated as branch offices of the first firm.
No. However the name of each concern owned by such a company may be included in the IEC of the firm in whose name PAN exists, as a branch.
Yes. Click on IEC (BIN) Status to know the status at customs.
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