Definition of IEC Code IEC Code is unique 10 digit code issued by DGFT – Director General of Foreign Trade , Ministry of Commerce, Governme...
Definition of IEC Code
IEC Code is unique 10 digit code issued by DGFT – Director General of Foreign Trade , Ministry of Commerce, Government of India to Indian Companies.
Full form of IEC Code
Full From of IEC Code is : “Importer Exporter Code ”. To import or export in India, IEC Code is mandatory. No person or entity shall make any Import or Export without IEC Code Number.
Eligibility, Legal Provisions and ConditNumberions for IEC Code
Eligibility condition and Legal Provisions are given for IEC Code Number Application in Foreign Trade (Regulation) Rules, 1993 Ministry of Commerce, Notification No. GSR 791 (E), dated 30-12-1993.
What is the tenure of an IEC?
An IEC once issued is permanent in nature till the same is surrendered by the IEC holder or cancelled by the Licencing Authority upon any default made be the IEC holder.
one wants to export or import any goods, one needs to have an Importer-Exporter Code (IEC). The certificate is issued by the Director General of Foreign Trade (DGFT) and needs to be registered as an individual, firm, organization, entity.
How to Register IE code
IEC Code Online Application Form
1)The application can be download Form in PDF or Word. This is called "Aayaat Niryaat Form - ANF2A". Along with IEC Code Number Application Form it is necessary to submit Appendix-18B Attested by Applicant's Banker in his letter head with two passport size photo).
2) Request letter on your company's letter head for issue of new IEC
3)Application fees (Challan/DD) of Rs.1000/- in favour of the licencing office (example:-in case of Chennai office it should be in favour of 'Jt.DGFT,Chennai' .
4. Bank Certificate as per Ann.1 to Appendix 3 (on bank's letter head) duly signed by branch manager or higher authority.
5. Two photographs of signatory duly pasted on the backside of Appendix -3 at the place provided for it and attested by the bank. One extra photo in loose with the application.
6. Declarations as follows
* I/We, hereby, declare that the Proprietor/partners/directors/karta of firm/co. is/are not associated as proprietor/partners/directors/karta of firm/co. which has been caution listed by the RBI. * In case of non resident interest/investment in the firm/co.only : declaration as per sr.No.5 as on the back side of Appendix 3 should be given.
7. Copy of PAN issuing letter or PAN card.
8. Self addresses envelope with Rs.25/- postal stamp for delivery of IEC certificate by registered post.or challen/DD of Rs.100/- for speed post.
9. P.S.: Please tag all the documents to a folder.
10. Submit it the the Zonal office of the director of Foreign Trade. 12. The certificate shall be couriered to you.
