An Import Export Code (IEC) is a 10-digit identification number issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, Government of India. It is generally required by businesses and individuals engaged in importing goods into India or exporting goods and services from India, subject to applicable exemptions.
The IEC is linked with the applicant’s Permanent Account Number (PAN) and is an important requirement for carrying out international trade transactions.
Who Needs an Import Export Code?
Sole Proprietorships
Partnership Firms
Limited Liability Partnerships (LLPs)
Private Limited Companies
Public Limited Companies
Manufacturers
Traders and Wholesalers
Exporters and Importers
E-commerce Businesses
Service Providers involved in eligible international transactions
Types of Import Export Code
Proprietorship IEC
Partnership Firm IEC
LLP IEC
Company IEC
IEC for Other Eligible Entities
Benefits of Import Export Code
1. Enables International TradeIEC allows eligible businesses to undertake import and export activities in accordance with applicable laws and regulations.
2. Helps Expand Business GloballyBusinesses can explore international markets, reach overseas customers and create new business opportunities.
3. Supports Import and Export TransactionsIEC is commonly required for eligible customs, shipping and international trade-related transactions.
4. Facilitates Customs ClearanceIEC serves as an important identification number during eligible import and export customs procedures.
5. Supports International PaymentsIEC may be required for certain foreign trade transactions processed through authorized banking channels.
6. One Code for Import and Export ActivitiesA single IEC can generally be used for both eligible import and export activities.
7. Simple Online Application ProcessThe IEC application process can be completed online through the official DGFT portal.
Import Export Code Registration Process
Step 1: Register on the DGFT PortalCreate an account on the official DGFT portal using the required applicant details.
Step 2: Select the IEC ApplicationChoose the option to apply for a new Import Export Code.
Step 3: Enter Business DetailsProvide the required details, including PAN and business information.
Step 4: Provide Address and Bank DetailsEnter the registered business address and applicable bank account details.
Step 5: Complete VerificationComplete the required verification process through the DGFT portal.
Step 6: Pay the Applicable FeePay the prescribed government fee, as applicable.
Step 7: Receive Your IECAfter successful processing of the application, the IEC is issued electronically and can be accessed through the DGFT portal.
Documents Required for IEC Registration
PAN Card of the applicant or business entity
Aadhaar Card of the proprietor or authorized signatory, where applicable
Mobile number
Email address
Business address proof
Bank account details
Cancelled cheque or bank certificate, where applicable
Starting professional fee (excl. Govt fees & taxes)
FAQS
IEC stands for Import Export Code.
The Import Export Code is issued by the Directorate General of Foreign Trade (DGFT), Government of India.
IEC is generally required for businesses and individuals undertaking eligible import and export activities, subject to applicable exemptions.
Yes, a single IEC can generally be used for both eligible import and export activities.
Yes, IEC is generally linked to the applicant’s PAN.
Yes, individuals and sole proprietors engaged in eligible import or export activities may apply for IEC, subject to applicable requirements.
The processing time may vary depending on successful submission, verification of details and the applicable DGFT process.
IEC holders may be required to comply with applicable DGFT requirements regarding the confirmation or updating of their IEC details. Current compliance requirements should be checked before application.
Yes, eligible IEC details can generally be updated through the DGFT portal by following the applicable procedure.
Not necessarily. Certain persons, transactions and categories may be exempt from IEC requirements under applicable laws and DGFT regulations.
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