Import & Export Code Registration(IEC)
IEC registration is a 10-digit code required by businesses to engage in import/export activities and is issued by the Directorate General of Foreign Trade (DGFT).
Import & Export Code Registration(IEC)
Import and Export Code, also known as IEC, is 10 digit number issued by the Director General of Foreign Trade (DGFT), Government of India. Import and Export Code is a compulsory perquisite for the persons involved in either importing or/and exporting goods or/and services from India.
The traders who have to export their goods outside India can get it done only after obtaining a proper licence, commonly known as Import & Export Code Registration. The uses of obtaining this code, to name a few are:
- Access to international markets
- No compliance for IEC Registration
- No annual maintenance fees
- The process of obtaining license is completely online
Documents Required for Import and Export Code Registration Are
- PAN Card Copy of the Individual/Firm/Company
- Copy of Identity Proof of Individual/Firm/Company
- Cancelled cheque copy of Bank’s Current Account of Individual/Firm/Company
- NOC from the landlord, where the business is situated
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