Import Export Code (IEC Code)
4 Points You Must Know About IEC Code
1. Lifetime Validity:
The IEC code has lifelong validity.
IEC code is a 10-digit code based on a PAN number.
3. No Return Filing:
Like PAN, you need not file any return only because you have been allotted an IEC code.
4. Government Fee:
The application fee for the IEC code is just Rs.500.
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FAQ`s Regarding IEC Code
The import-export code or IEC code is required to start an import or export business. It is a PAN-based 10-digit code. This code has lifetime validity, and no return or compliance is needed to maintain this code.
For IEC Code Registration, the following documents are required:
• PAN Card.
• Voter id or Aadhar card or passport copy.
• Cancel cheque copy of bank account.
• Address proof such as Copy of Rent Agreement or Electricity Bill Copy of the premise.
• Digital Photograph
The fee for import export code registration is Rs.500 only.
The process to get IEC code is as follows:
Step 1: Visit the website www.dgft.gov.in.
Step 2: Then go to “Services” tab> Dropdown menu> “IEC” tab> select “Online IEC Application”.
Step 3: Enter the PAN number of the applicant and then click the “Search” button.
Step 4: A new page will open. Fill in all the required self-explanatory details and proceed by doing OTP validation.
Step 5: Upload the scanned copy of the required documents.
Step 6: Make an online payment of Rs.500
Step 7: After this, check the application under Preview made and take a printout.
Step 8: Now click the final submission button.