IEC Code Registration

Mandatory registration for businesses involved in import or export of goods and services.

What is IEC Code?

Import Export Code (IEC) is a 10-digit registration issued by the Directorate General of Foreign Trade (DGFT). No person or business can import or export goods or services without obtaining IEC.

IEC Code Rules & Applicability

Mandatory for import or export of goods or services
Issued by DGFT under Foreign Trade Policy
Single IEC valid across India
Linked with PAN of individual or entity
Online application through DGFT portal

IEC Code Fees

Government fee: ₹500
No renewal fee
No annual compliance fee
Professional charges may apply

Documents Required

PAN card of applicant / entity
Address proof of business premises
Cancelled cheque / bank certificate
Identity & address proof of applicant
Incorporation / registration proof

Validity & Modification

IEC is valid for lifetime
Annual confirmation mandatory on DGFT portal
Modification required on change in details
Non-updation may lead to deactivation

Penalty for Non-Compliance

Import/export without IEC prohibited
Penalty under Foreign Trade Act
Suspension or cancellation of IEC
Interest & fines on violations

Other Import Export Compliances

GST registration for exports
LUT filing for zero-rated exports
Customs clearance compliance
Foreign exchange regulations (FEMA)

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