Need Help From One of Our Experts ?

Import Export Code Change or Updation

Our Packages for Import Export Code Change or Updation

 
 
Basic Package

Update Details in IEC

Rs 5000/-

Process involved in Import Export Code Change or Updation

 
 
  • IEC Code Registration

    the complete registeration of IEC process takes around 7 to 10 days, subject to Government processing time.

  • Application

    IEC Application is prepared in the prescribed format along with the necessary supporting documents and the documents have to be duly signed by the assesee.

  • Application Processing

    application and IE Code Application is submitted to the Directorate General of Foreign Trade for further processing and allotment of IEC.

  • Allotment of IEC

    After the application and the attached supporting documents are verified, the Directorate General of Foreign Trade will issue a IEC for the business.

Changes in Existing Importer Exporter Code

Following Changes are Possible:
1. Change in Bank Account Details
2. Changes in Address
3. Changes in Partners / Directors
4. Changes in Name

 

PROCEDURE FOR CHANGES IN IMPORTER EXPORTER CODE

1. IEC application is filed with us with below mentioned documents

2. MyCorporation.in will fill the form and send it for approval.

3. Import Export Code will be issued within 3-5 days of complete documentation.

 

DOCUMENTS REQUIRED FOR CHANGES IN IMPORT EXPORT CODE-PROPRIETOR

1. Photograph of the Proprietor.

2. Copy of PAN card of the Proprietor.

3. Copy of Passport / Voter ID / Driving Licence / Aadhar card (any one of these).

4. Latest electricity and Landline telephone bill of Registered office
  If Electricity bill / Landline Bill is not in your name - you can attach No Objection Certificate
      Download NOC (Sample Attached)

6. Sale deed in case business premise is self-owned or Rental Agreement, in case office is rented/ leased 

7. Bank Certificate (Sample Attached) and Cancelled Cheque bearing preprinted name of applicant and A/C No.

 

DOCUMENT REQUIRED FOR CHANGES IN IMPORT EXPORT CODE-PARTNERSHIP FIRM / LLP

1. Photograph of all Partner's.

2. Copy of PAN card of the firm / LLP.

3. Copy of Passport / Voter ID / Driving Licence / Aadhar card (any one of these) of all Partner's.

4. Copy of Partnership Deed / LLP Agreement.

5. Latest electricity and Landline telephone bill of Registered office
       If Electricity bill / Landline Bill is not in your name - you can attach No Objection Certificate
       Download NOC (Sample Attached)

6. Sale deed in case business premise is self-owned; or Rental/Lease Agreement, in case office is rented/ leased

7. Bank Certificate (Sample Attached) and Cancelled Cheque bearing preprinted name of the applicant entity and A/c No.

 

DOCUMENT REQUIRED FOR CHANGES IN IMPORT EXPORT CODE- COMPANY

1. Photograph of all Directors's.

2. Copy of PAN card of the Company.

3. Copy of Passport / Voter ID / Driving Licence / Aadhar card (any one of these) of all Directors's.

4. Copy of MOA AOA COI.

5. Latest electricity and Landline telephone bill of Registered office
       If Electricity bill / Landline Bill is not in your name - you can attach No Objection Certificate
       Download NOC (Sample Attached)

6. Sale deed in case business premise is self-owned; or Rental/Lease Agreement, in case office is rented/ leased

7. Bank Certificate (Sample Attached) and Cancelled Cheque bearing preprinted name of the applicant entity and A/c No.

Frequently Asked Questions (FAQ's)

Can a Public Limited Co./Private Limited Co./Partnership obtain different IECs for different concerns owned by it?

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.

How to make changes of directors, change of name or constitution, change of address or addition/deletion of branch in IEC?

Request letter on Letter Head for Status Modification. Application as per Appendix 2 and 3 in duplicate. Documentary evidence preferably Electric bill, telephone bill, lease agreement copy, Sales Tax/Excise Certificate/SSI for change or inclusion of addresses. For change of directors please submit copy of Form-32. In case of change of name or change of constitution, ROC/Partnership deed copy as applicable should be submitted. Also refer to para 9.1(b) of H.B.2002-2007 regarding change in name and constitution is reproduced below

How much time it take to get an IE code registered?

E Code Registration can be obtained in 7-8 working days after submission of all required documents and application.

Who must obtain IE code Registration?

Any person who proposes to import or export goods and services from or to India must obtain IE Code.

Why is IE Code Required?

All importers must mention their IE Code while clearing customs when their goods arrive in India. All exporters must mention their IE Code while exporting their goods and services from India. Additionally, now RBI requests person importing or exporting services to also mention IE Code in foreign remittances in bank account. Therefore, IE Code is required for anyone involved in import or export in India.

Can Export/Import be made without IEC?

No. IEC forms a primary document for recognition by Govt. of India as an Exporter/ Importer

What are the documents required for modification of IEC?

Application form ANF-2A to be filled in and all pages of the application to be signed. Proof of change of name/address/branches/constitution of Ltd. Companies etc.(Form 32/Form 18/company master details issued by ROC along with copy of challan) For proprietorship/partnership Firms any address proof issued by government depptt. Copy of ownership title deed or copy of lease deed registered. Fresh Bank certificate certifying the detail of the bank A/c, registered address, and photographs of the applicant in case of change of applicant

What should an exporter do if he does not wish to operate or wish to cancel the allotted IEC Number?

He may surrender the original IEC by fulfilling all pending Liabilities (Export obligation fulfillment of all incentive Authorizations) and filing a declaration to IEC issuing DGFT office that there is no obligation/Liability pending against him for any office of DGFT. On receipt of such intimation; this office shall cancel the IEC if satisfied that there is no Liability pending against the IEC holder and electronically transmit it to DGFT for onward transmission to Customs and Regional Licensing Authorities. Normal Time required for processing cancellation of IEC is 15 working days.

What is IE CODE number used in Export Import business?

EC Stands for IMPORTER EXPORTER CODE which contains 10 digit number issued by Director General of Foreign Trade(DGFT), Department of Commerce, Government of India

Feature's of Import Export Code Change or Updation

importance

Every transaction which involves import or export of any goods can be done only with import export code (IEC) issued by Director General of Foreign Trade.

Necessity

An IEC is necessary for import/export of goods.

Custom Law

IE Code is required while clearing customs when their goods arrive in India.

Company Formation in Just 48 hours

Call US

Our Package