What is Importer-Exporter Code (IEC) in India
In India, the Importer-Exporter Code (IEC) is a unique 10-digit code issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, Government of India.
The IEC code is mandatory for any individual or business entity involved in import and export activities in India.
The IEC code serves as an identification number for importers and exporters and is required for various purposes, including customs clearance, bank transactions, and documentation related to international trade.
The IEC code serves as an identification number for importers and exporters and is required for various purposes, including customs clearance, bank transactions, and documentation related to international trade.
It helps in tracking and monitoring international trade transactions and ensures compliance with legal and regulatory requirements.
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| IEC of Palsh Udyog Foods Pvt. Ltd. (Meera Spices) |
How do I get an IEC code for import and export? and What Documents are Required?
To obtain an IEC code in India, an application must be submitted to the regional or jurisdictional office of the DGFT. The application can be made online through the DGFT's website or offline by submitting the required documents physically.
The documents generally required for obtaining an IEC code include:
It's worth noting that the specific requirements and procedures for obtaining an IEC code may be subject to change, so it's recommended to consult the official DGFT website or seek professional guidance for the most up-to-date and accurate information.
- Identity proof of the individual or entity (such as PAN card, passport, Aadhaar card, etc.)
- Address proof of the individual or entity (such as utility bills, rent agreement, etc.)
- Bank certificate or canceled cheque leaf verifying the applicant's bank account details
- Digital photograph of the individual or authorized signatory
- Memorandum of Association (MOA) or Partnership Deed or LLP agreement, depending on the type of business entity
It's worth noting that the specific requirements and procedures for obtaining an IEC code may be subject to change, so it's recommended to consult the official DGFT website or seek professional guidance for the most up-to-date and accurate information.