1.
IMPORT EXPORT
CODE (IEC)

2.
MEANING OF IMPORT EXPORT CODE
1. It’s an alpha-numeric 10 digit number allotted to a person for undertaking any
export/import activities.
2. An application is made to DGFT online, who issues Importer Exporter Code in
electronic form (e-IEC). Post GST regime, IEC will be PAN of the applicant and
will be issued by DGFT based on an online application made by the applicant. For
existing IEC holders, necessary changes relating to system migration are being
carried out by DGFT so that their PAN becomes their IEC.
3. To avoid multiplicity, only one IEC is issued against one PAN. Any proprietor to
whom more than one IECs are allotted, the same is to be surrendered to the
issuing authority to avoid penal action.

3.
BENEFITS OF IEC
1. Import and Export Transaction: It is Mandatory to have IEC Certificate before
entering into Import & Export Transaction.
2. To avail Government Scheme Benefits: It becomes easy to avail govt. scheme
benefits available against import & export of goods.
3. Life Time Validity: Unless cancelled by DGFT, IEC have life time validity.
4. Avoid Illegal trade transactions: All transaction entered through IEC helps to
track and keep record of bonafide transaction and avoid illegal transactions.
5. No return to filled: No burden of filling of quarterly/half yearly/annual returns.
6. No separate registration: No separate registration is required for additional
places of business. Through modification, additional business activity or
additional branches/division/factories etc. Can be added.

4.
WHO CAN APPLY
1. Any bonafide person (whether resident or not) desirous to enter into
import/export transaction shall apply for IEC.
2. In case of NRI, additional permission from RBI/ individual department in
consultation with DIPP (Department of Industrial Policy and Promotion) is
required in some cases.

5.
EXEMPTIONS FOR IEC
1. IEC is compulsory for Import/Export of goods and services. However, there are
certain exemption, wherein the person doesn’t require to have IEC :
a. Importers and exporters covered by clause 3(1) of Foreign Trade (Exemption
from application of Rules in certain cases) Order, 1993.
b. Import/ Export by Departments/Ministries of Central/State Government
c. Import and export of goods for personal use
d. Import/Export of goods from/to Nepal, Myanmar through Indo-Myanmar
Border and China, provided the value of one single consignment on CIF basis
does not exceed Rs. 25,000/-
2. Further, exemption from obtaining IEC shall not be applicable to categories as
listed in Appendix - 3, Schedule 2 of ITC (HS) except in case of exports by
category (ii) above.

6.
ONLINE APPLICATION PROCEDURE
Login to online IEC Portal
using Pan, Mobile no. and
Email ID
Fill required details &
make online payment
Upload required documents
and submit the application
On approval, the same can be
downloaded by Login or shall
be mailed at registered email id

7.
DOCUMENTS REQUIRED
1. For new registration, all types of entity are aligned in the same line and need the
following details/ documents:
a. PAN of the applicant
b. E-mail ID: A valid email ID of the applicant entity is required wherein OTP
will be sent.
c. Mobile No: A valid Mobile number of the applicant entity is required
wherein OTP will be sent.
d. Registration fees of Rs. 500/- (Rupees Five Hundred only) and

8.
DOCUMENTS REQUIRED
Type of
Application
Doc-
uments
Required
Proprietor Firm LLP Company Society Trust
Digital Photo
[3cm×3cm] (in GIF)
Proprietor Managing
Partner
Designated
Partner
Managing
Director/
Director
Secretary/
Managing
Director
Managing
Trustee
Scan Original PAN
Card (in GIF)
Proprietor Firm LLP Company Society Trust
Original Scan copy of Cancelled cheque with pre printed Entity name & A/C No. (in GIF)
OR
Bank Certificate as per ANF 2A (I) (in PDF)

9.
DOCUMENTS REQUIRED
In case of modification, along with above 3 documents, the following documents
are also required:
1. Scanned copy of duly signed application form
2. Modification fees of Rs. 200/- (Rupees Two Hundred only) and
Type of Modification Documents required
Change in address/
Addition of Branch
(pdf file)
Any of the following:
 Latest Electricity bill bearing entity name and address.
 Latest Telephone bill bearing entity name and address.
 Rental/ Lease agreement bearing entity name and address.
 Sale deed (if self owned Premises) bearing entity name and
 Address

10.
DOCUMENTS REQUIRED
Type of Modification Documents required
Change in
Stakeholders
(pdf file)
 In case of Partners, Partnership deed.
 In case of Trustees, Trust deed.
 In case of Directors, DIN and name should match with MCA website
 In case of Board Members, Bye-Law and election results
Change in
Jurisdiction (pdf file)
 Registration certificate, for Partnership Firm, Society or Trust
 Certificate of incorporation, for Company/ LLP
Change in
Signatory
 Driving Licence (gif/ pdf file)
 Aadhar card (gif/ pdf file)
 Voter ID card (gif/ pdf file)
 Applicant’s Passport (gif file)
 PAN of the signatory (gif file)
Other documents
(pdf file)
 Memorandum and Articles of Association of the Company
 Other document

11.
CONTACT US
For information regarding registration of Import Export Code Cer
tificate, anyone can mail us on:
Email: complianceship@gmail.com