Table of Contents
How can I get import Export Code?
Steps for IEC Registration Process:
- Step 1: Go to the DGFT Website.
- Step 2: Then You need to Go on Services tab.
- Step 3: Enter your PAN number (A Person/if any Company PAN Card)
- Step 4: Enter the your details (As Mentioned on PAN Card)
- Step 5: Enter your mobile number to get (OTP) verification process.
What is the use of import code?
Export import codes are important for importers at the time when shipments get cleared from customs and when funds are sent overseas. For exporters, it is essential when money is transferred to their bank accounts and when sending in their shipments.
What are the benefits of import export Code?
Here are the Benefits or Advantages of IEC Registration for Businesses.
- Global Market Reach.
- Online Registration.
- Simple Document Requirement.
- PAN Based Registration.
- Life Time Validity.
- Benefits of Schemes.
- No Compliance.
- No Annual Maintenance.
How long is import export Code valid?
lifetime
IEC is a 10-digit code which has a lifetime validity. Predominantly importers merchant cannot import goods without the Import Export Code and similarly, the exporter merchant cannot avail benefits from DGFT for the export scheme, etc. without IEC.
Can I export without IEC code?
An Importer -Exporter Code (IEC) is a key business identification number which mandatory for export from India or Import to India. No export or import shall be made by any person without obtaining an IEC unless specifically exempted.
Is GST necessary for IEC code?
According to the latest circular issued by the government, IEC is not mandatory for all traders who are registered under GST. In all such cases, the PAN of the trader shall be construed as new IEC code for the purpose of import and export.