Import Export Registration

IEC registration is required by a person for exporting or importing goods. It is a 10 digit code which is issued by the Directorate General of Foreign Trade (DGFT). All businesses which are engaged in Import and Export of goods require registering Import Export Code. IE code has lifetime validity. Importers are not allowed to proceed without this code and exporters can’t take benefit of exports from DGFT, customs, Export Promotion Council, if they don’t have this code.

The IE Code must be quoted by importers while clearing customs. Also, banks require the importers IE Code while sending money abroad. For exporters, IE Code must be quoted while sending shipments. And banks require the exporters IE Code while receiving money from abroad.

IMPORT AND EXPORT CODE Registration can be done through  Startupkaro in Bhilai, Durg, Raipur, Rajanandgaon and all other Chhattisgarh State cities.

Startupkaro – We are the group of professionals having expertise in registration of Import Export Registration and always keen to help entrepreneurs in decision making and skill analyzing as regards business operations.

Features of Import Export Code

Business growth

Taking your services or products to the international market will enlarge your businesses. IEC enable you to sell products outside India.

Export Subsidies

On the basis of IEC, companies or firms can benefits and subsidies their exports/ imports from DGFT, Customs and export promotion council.

Lifetime validity

Once you are done with IE Code Registration and submit all the required documents, IE Code is issued for the lifetime of the entity and requires no renewal.

No Return Filing

IE Code does not require filing of any return. Once, an IE Code is issued there are no further procedures required to maintain validity of the IE Code.

Individuals can have IE Code

Even individuals who are proprietors of a business can obtain IE Code in their name. It is not necessary to incorporate a business entity for obtaining IE Code.

Documents and Information Required for Import Export Registration

IEC Documents In Respect Of Individual / Proprietor / Partner / Director

  • Copy of PAN Card
  • Passport size photograph
  • Copy of Aadhaar Card/ Voter identity card
  • Authorization letter (In case of Partnership)
  • Authority from other Directors on letter head (In case of company)
  • Copy of Partnership deed (In case of Partnership)
  • Board Resolution/self declaration (In case of Company)
  • Telephone Bill in the name of the Individual (In case of individual)
  • Cancelled cheque of individual

IEC Documents In Respect Of Entity

  • Copy of PAN Card firm/company
  • Copy of Property papers (If owned property)
  • Copy of Rent agreement (If rented property)
  • Landlord NOC (Format will be provided by us)
  • Cancelled cheque of firm
  • Electricity/ water bill (Business Place)
  • Telephone Bill in the name of the business
  • Copy of Service Tax returns (In case of Proprietorship)
  • Certificate of incorporation (In case of company)
  • Bank statement of firm/company
  • AOA and MOA (In case of company)
  • 1 letter head of company (In case of company)

Import Export Code FAQs

What is IE Code?

IE Code stands for Import Export Code. It is required for any person importing or exporting goods and services to or from India.

Why is IE Code required?

All importers must mention their IE Code while clearing customs when their goods arrive in India. All exporters must mention their IE Code while exporting their goods from India. Additionally, now RBI requests person importing or exporting services to also mention IE Code in foreign remittances in bank account. Therefore, IE Code is required for anyone involved in import or export in India.

Is there a tax levied based on IE Code?

No. IE Code is not a tax registration. So no tax is levied based on IE Code during import or export of goods or services. However, customs duty maybe levied.

Who must obtain IE Code registration?

Any person who proposes to import or export goods and services from or to India must obtain IE Code.

Can individuals obtain IE Code?

Yes, individuals acting as Proprietors of a business can obtain IE Code Registration.

What are the documents required for IE Code registration?

To obtain IE Code registration, a copy of PAN Card, proof of address of business and constitution of the business [Partnership deed, Incorporation Certificate, etc.,] and a letter from the banker is required.

How long does it take to obtain IE Code registration?

IE Code Registration can be obtained from the DGFT in 10-15 working days after submission of all required documents and application.

What is the penalty for not having IE Code?

IE Code is not a mandatory registration, only importers and exporters of goods or services must have IE Code. Therefore, there is no penalty for not having IE Code; however, import / export will not be possible without an IE Code.

Do I have to file any returns for IE Code?

No. Returns need NOT be filed for IE Code.

How long is the IE Code valid for?

IE Code is valid for life-time of the entity and renewal is also not necessary.

Pricing

*
Basic Plan
4999 /-

Import export code registration without digital signature certificate.

(Inclusive of all government fee and taxes)

**
Standard Plan
6499 /-

Import export code registration with class 2 digital signature certificate.

(Inclusive of all government fee and taxes)

* **
Premium Plan
16499 /-

Import export code registration with RCMC  Registration Support .

(Inclusive of all government fee and taxes)

Procedure For Import Export Code

Complete our Simple Form

You are required to fill your details in our simple questionnaire.

IEC Application Creation

We draft your application for IEC code and file it with the DGFT office on your behalf.

IEC Fee Payment

We pay the IEC government free and followup with department for your license.

Your IEC License is Now Ready

Once your IEC License registered, we will intimate you about the same.

Congratulations

Sample of Documents

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