Import Export Code IEC
Import Export Code is required to sell or buy products/services from outside IndiaGet IEC Now!
Why Import Export Code is required?
It's important to grow the business as it's not limited to any boundaries.
It is mandatory for persons to obtain IE code before importing and exporting goods and services from India. As there is no need for renewal and any filling, it is recommended to obtain IE Code, irrespective of if they need it at the moment.
Documents Required For Import Export Code IEC
A Step-by-Step Guide to Company Registration Process
IEC Stands for IMPORTER EXPORTER CODE
No. IEC forms a primary document for recognition by Govt. of India as an Exporter/ Importer
On the basis of IEC, companies can obtain various benefits on their exports/ imports from DGFT, Customs, and Export Promotion Council etc
Yes, PAN is mandatory. Self Certified Photocopy of PAN card has to be submitted along with the application.
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
NRI has to follow the normal application procedure. In addition permission from RBI/ FIPB is needed in some cases.