Import/ Export Code
Import/ Export Code (IEC).
The Import/Export Code is a mandatory registration issued by a country’s trade authority (like the DGFT in India) that authorizes businesses to engage in international trade. This 10-digit code is required for any entity or individual involved in the import or export of goods and services.
For imports, the code is used by customs and port authorities to track shipments and ensure legal compliance. Without a valid Import/Export Code (IEC), goods can be held up at customs, causing delays and penalties. Similarly, exporters use the code to send goods overseas and receive foreign currency payments.
Obtaining the IEC is a straightforward, one-time registration process that doesn’t require renewal. While it’s not needed for personal use or non-commercial shipments, businesses must ensure it is linked to their PAN and bank account. The IEC helps streamline global trade and improve regulatory transparency.
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Benefits of Import/ Export Code
Global Market Access
The IEC enables businesses to expand beyond domestic borders, allowing them to import raw materials or export products to international markets.Customs Clearance
It is essential for hassle-free customs clearance, ensuring goods move smoothly through ports and reducing the chances of delays or penalties.Business Growth & Credibility
Having an IEC enhances a company’s credibility with global partners and financial institutions, often unlocking opportunities for growth, funding, and partnerships.
Who can apply for Import/ Export Code
1. Individuals (Sole Proprietors)
Any individual can apply for an IEC even if they do not have a registered business.
Useful for freelancers or sole traders involved in international trade.
PAN of the individual is used for the IEC.
2. Business Entities
Partnership firms
LLPs (Limited Liability Partnerships)
Private Limited Companies
Public Limited Companies
HUFs (Hindu Undivided Families)
The IEC will be issued in the name of the business entity using its PAN.
3. Other Organizations
Trusts
Societies
Government Undertakings
Non-Governmental Organizations (NGOs) — if involved in export activities like handicrafts, cultural items, etc.
Documents required for Import/ Export Code.
| Document | Details |
|---|---|
| PAN Card | PAN card of the individual (for proprietorship) or the business entity (for partnership, LLP, company, etc.). |
| Proof of Address | Utility bill, rent agreement, or property ownership documents of the business premises. |
| Passport-sized Photograph | Recent color photograph of the applicant (proprietor/partner/director). |
| Bank Certificate or Cancelled Cheque | A pre-printed cancelled cheque or bank certificate with the business name, account number, and IFSC code. |
| Aadhaar Card | Aadhaar of the applicant (proprietor/authorized signatory) used for identity and address verification. |
| Certificate of Incorporation / Registration | For companies, LLPs, or partnerships — proof of establishment like Certificate of Incorporation or Partnership Deed. |
| Digital Signature Certificate (DSC) (if applicable) | Required in some cases for authentication during online application. |
| Email ID & Mobile Number | Valid email and phone number for OTP verification and communication from DGFT. |
Process of Import/ Export Code.
FAQs on Import/ Export Code.
It is commonly presumed that IEC (Import Export Code) is only required for trading goods. However, IEC is also essential for the import or export of services, as these are international transactions. Any person or business providing services across Indian borders must obtain an IEC.
IEC registration usually takes 2 to 5 working days after the application is submitted, as long as all documents are accurate and complete. The process is streamlined and handled online through the DGFT portal.
Each business entity must have its own unique IEC. You cannot use one IEC for multiple businesses, even if they are owned by the same person. IEC is specific to a single business and its legal identity.
You can track the status of your IEC application by logging into the DGFT website with your credentials. The portal offers real-time updates on the progress and approval of your application.
Anyone involved in the import or export of goods or services must obtain IEC registration. Even if your business is registered under GST, it is mandatory to register your PAN with the DGFT, as IEC is a separate requirement for international trade.