Import and Export Code

Starts @ Rs. 10,000/-
 Rs.3,000/-* & Renewal at Rs.1,500/-*

Experienced Team

Cost Effective

Customer Satisfaction

No Hidden Fees / Charges.

*All price is exclusive of taxes and Govt Fees (if any).

Fill the Enquiry Form to Start Your Registration Process Right Now

    Import and Export Code

    Ideal for businesses who are into Import and export

    Palankarta provides IEC Code. Import Export Code (IEC) is a License code that a business or a person needs to import/export goods/services.

     

    This code is issued by DGFT (Director General of Foreign trade), Ministry of Commerce and Industries, Government of India. The validity of this code is for lifetime, that is, there is no need to renew it.

     

    This code is generated within 5-15 working days after submitting all required documents. This code has many names, like importer exported code, import export code, import export license, import export number, IE code, IE license etc. You can apply this code in either your name or under company’s name. Once issued, it is valid for all its division/units/factories/branches.

    Import and Export Code Registration

    The Advantage of Getting IEC Registration are –

    • Application Drafting & Filing
    • Helping in Documentation
    • Processing and Registration
    • IEC License.

    IEC Registration can be done through Palankarta

    Characteristics of IEC License

    The basic Characteristics of IEC License are:

    • Different documents are required by different entities to get IEC code
    • Whosoever is Importing or Exporting Goods need this License

    Benefits of IEC

    Following are the benefits of IEC License

    • Ideally required for Business growth
    • Required for Export Subsidies
    • It has Lifetime Validity
    • No Return Filing
    • Individuals can have IE Code in their Name
    • Required by the custom authorities to clear the shipments.
    • Required by Bank to Transfer the Amount in the case of any Imports made.
    • Required by exporter for shipments.
    • Online registration so physical presence not required.

    Services Offered by Us

    Following are the services provided by us at the time of registration.

    • Eligibility Consultation
    • Document Preparation
    • Application Drafting
    • Application Filing & Fees
    • Application Processing
    • Completion of registration

    Procedure for Registration

    Fill Enquiry
    Form

    Associate will call
    and discuss in length.

    Make
    Payment

    Complete Documentation
    & Requirements

    Registration
    Complete

      Why Palankarta?

      Palankarta gives an end-to-end service for IEC registration.

      Experienced Financial
      Professionals

      Deliver Service
      on Time

      Cost
      Effective

      Assured Customer
      Satisfaction

      No Hidden
      Fees / Charges.

      Frequently Asked Questions

      FAQ

      General Questions

      Is there a separate code for Import and Export?

      The same IEC can be used for import and export both. Quite a lot of people have the wrong idea that separate IEC codes are required for Import and export, but this is not so. There is only one registration for import and export and the same IEC number can be used while importing as well as exporting. Moreover, there are plenty of advantages of having Importer – Exporter Code for businesses

      Is IEC is only required for goods?

      It is assumed that IEC is only for import or export of goods. But it is necessary for both goods as well as services. Import or export of services is an international transaction. So any person providing services beyond the boundaries of India has to make online IEC application.

      Are there any renewal and returns in IEC?

      IEC registration is a one-time registration. Since it has lifetime validity, there is no need to renew it. The IEC is to be quoted at the time of importing or exporting or paying or receiving payments. No returns are to be filed for IEC as there are no post registration compliances.

      How is the registration number allotted for IEC number?

      Previously, the IEC department would issue a separate number for IEC code. Recently the Ministry initiated revisions due to which the PAN of an applicant will be the registration number of IEC. Hence the PAN and IEC number will be the same.  The Ministry will register the applicant under IEC and issue the approval letter immediately notifying PAN as their IEC number.

      Is IEC is required for import or export of goods for personal use?

      IEC is mandatory only for business and commercial purpose. There is no need for IEC to import or export goods for personal use. Hence one can import or export goods without any registration for personal use.

      Do we need to take different IEC number for each firm?

      Not every firm has to apply for IEC. But IEC is associated with PAN. Hence, if a person has more than one proprietorship firm then for every firm only one IEC registration is to be taken. This is because proprietorship firm does not have a separate identity and so the PAN of an individual is used as PAN of their proprietorship firm. If one has allotted more than one IEC for one PAN then one has to surrender with the Ministry for cancellation.  A partnership firm or LLP or Company will need to quote their own PAN, as a separate PAN is allotted to them.

      Are Government departments required to have IEC?

      The State government or Central government departments are not required to take IEC registration. They are allotted a fixed number which is quoted for any such transactions.

      Whether IEC is required if you have GST?

      Every person who imports or exports has to take IEC registration. It is mandatory to register a PAN with DGFT department if the business involves imports or exports even you have registered under GST.

      IEC norms are very simple, don’t get affected rumors. Just focus on building your business internationally. But don’t forget to register under IEC and other registrations as applicable, to carry on business without any hassles.