Import Export Code

Import-Export Code (IEC) Registration Online: Unlock Global Trade Opportunities with N D Savla & Associates

What is IEC Code (Import Export Code)?

The Import Export Code (IEC) is a unique 10-digit code issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce, to businesses involved in import or export activities in India. This essential registration allows companies to access global markets, ensuring smooth customs clearance, foreign transactions, and efficient international trade.

Whether you are an importer or exporter, the IEC Code is mandatory for customs clearance and international payments, making it the gateway to expand your business globally.

At N D Savla & Associates, we simplify the IEC registration process, providing expert assistance to ensure your business is well-equipped to tap into global trade.

The Importance of IEC Code for Your Business

An IEC Code is more than just a number – it’s your passport to international trade. Here’s why obtaining this code is crucial for your business:

Global Market Access: The IEC Code is essential for businesses wishing to import goods into India or export products abroad. It facilitates easy customs clearance and simplifies international transactions.
Online Registration: The IEC registration process is entirely online, minimizing paperwork and making it easier than ever to apply for an import-export license. This streamlined process saves you time and effort.
Lifetime Validity: Once registered, the IEC Code remains valid for the lifetime of the business. There is no need for renewals or frequent updates, providing long-term convenience and stability for businesses.
Compliance with Customs: IEC Code ensures that your business complies with the regulations set by the DGFT, preventing the risk of penalties or illegal transactions.
Benefit from Subsidies: Registered businesses can benefit from government subsidies and schemes offered by Customs and the Export Promotion Council. Additionally, exporters can avail of the LUT filing under GST, allowing tax-free export shipments.
Fewer Document Requirements: The IEC registration process is straightforward, with minimal documentation needed, making it a hassle-free experience.

Who Needs an IEC Code?

The IEC Code is required for any business entity involved in international trade. This includes:

Proprietorship Firms
Partnership Firms
Limited Liability Partnerships (LLP)
Limited Companies
Trusts
Hindu Undivided Families (HUF)
Societies

If your business engages in importing or exporting goods or services, obtaining an IEC Code is a mandatory step to comply with the DGFT regulations.

Pre-Requisites for IEC Registration

Before applying for the IEC Code, ensure you meet the following prerequisites:

DGFT Login Credentials: Register on the official DGFT portal and obtain valid login details.
PAN of the Business: Your firm must have an active PAN (Permanent Account Number), which is verified by the Income Tax Department.
Bank Account: A bank account in the name of the firm is essential for processing payments.
Active Firm’s Address: The firm’s address proof is required for registration. This can include documents like electricity bills, lease agreements, or Aadhaar cards.

Documents Required for IEC Registration

To complete the IEC application process, you will need the following documents:

Proof of Firm’s Establishment/Registration: Incorporation certificate (for companies) or partnership deed (for partnership firms).
Proof of Address: Acceptable documents include a sale deed, lease agreement, or utility bills.
Bank Account Details: A canceled cheque or bank certificate will suffice for bank account verification.
Proof of Identity: An Aadhaar card or Passport for individual verification.

These documents need to be scanned and uploaded on the DGFT portal during the registration process.

How to Apply for IEC Code: Step-by-Step Process

Follow these steps to apply for your IEC Code with ease:

Visit the DGFT Website: Go to the official DGFT portal and navigate to the ‘IEC Profile Management’ section.
Register/Login: Create an account on the DGFT portal by entering your details and validating the OTP. After registration, log in using your IEC Code login credentials.
Fill Application Form: Select “Apply for IEC” and fill out the ANF 2A application form, providing your firm’s details, PAN, GSTIN, and bank information.
Sign the Application: Digitally sign the application using your Digital Signature Certificate (DSC) or Aadhaar.
Make Payment: Pay the application fee through the portal.
Receive IEC Certificate: After successful verification, you will receive your IEC certificate via email, or you can download it directly from the DGFT portal.

Why Choose N D Savla & Associates for IEC Registration?

At N D Savla & Associates, we make the IEC registration process easier and more efficient. Our expert team will:

Guide You Through the Process: We’ll provide detailed instructions on how to apply for IEC registration, ensuring you meet all requirements.
Prepare Your Documents: We assist in preparing and organizing all the necessary documentation for your IEC registration.
Submit Your Application: We handle the entire IEC application submission on your behalf, ensuring accuracy and compliance.
Follow-Up: We track your application status and assist in resolving any issues or delays.
Get Your IEC Certificate: We help you obtain and deliver your IEC certificate, so you can start your international trade operations without any delays.

Streamline Your IEC Registration with N D Savla & Associates

Let NDS Advisory take the hassle out of the IEC registration process. We offer a one-stop solution to guide you from start to finish, ensuring compliance with DGFT requirements and faster processing times.

Ready to start your global trade journey? Contact NDS Advisory today to streamline your IEC registration and expand your business horizons!