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Importer Exporter Code in India

Importer Exporter Code in India-

What is IEC?

Importer Exporter Code in India As per Indian Law Requirement No Foreign Trade transaction Particularly Export or Import can be done without Importer Exporter Code (IEC No). Import Export Code Number is unique 10 digit code number issued by Government of India. If a person is interested in making imports & exports, then it is mandatory for him to apply for Import Export Code Number (IEC).

Importer Exporter Code in India

Importer Exporter Code in India

What documents are required to take IEC ?

  • Two copies of the application in prescribed format (Aayaat Niryaat Form ANF 2A ) must be submitted to the Regional Jt..DGFT Office.
  • Covering Letter on Firm/ company’s letter head for issue of new IEC Code Number.
  • Each individual page of the application has to be signed by the applicant.
  • Part D In respect to Declaration/ Undertaking ahs to be filled in and signed by the Applicant and has to be submitted along with the application.
  • Self certified copy of PAN issuing letter or PAN (Permanent Account Number) Card issued by Income Tax Authority. Photocopy of PAN card has to be submitted along the application. If PAN card not issued to the applicant then a copy of PAN allotment letter from I.T. Department will also be accepted. Only one IEC would be issued against a single PAN number. Any proprietor can have only one IEC number and in case there are more than one IECs allotted to a proprietor, the same may be surrendered to the Regional Office for cancellation. Two IEC can not be issued against one PAN
  •  Two copies of passport size photographs of the applicant. The photograph pasted on the banker’s certificate must be attested by the banker with Seal and Signature of the applicant.
  • The applicant shall furnish a self addressed envelope of 40 x 15 cm with postal stamp affixed on the envelope for all documents required to be sent by Speed Post. These documents may be kept secured in a file cover.
  • Certificate from the Banker of the applicant firm in the format given in Appendix 18A.
  • The application must be submitted in Duplicate.

 

How much time is required to take IEC ?

Normal time to register an Importer / Exporter Code in India is 7 working days time.

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