Application for New / Modify Import / Export Code (IEC)
What is IEC?
An Importer-Exporter Code (IEC) is the primary business identification number mandatory for any person or company engaged in the import or export of goods from India. Issued by the Directorate General of Foreign Trade (DGFT), the IEC is a 10-digit code identical to the PAN number of the entity (post-GST integration). No import or export shall be made without an IEC unless specifically exempted under FTP.
Who Needs an IEC?
- Any business or individual wishing to import goods into India
- Any business or individual wishing to export goods from India
- Service exporters availing benefits under Foreign Trade Policy (SEIS, etc.)
- E-commerce exporters and SMEs expanding into international markets
Pre-Requisites for IEC Application
- Valid PAN card in the name of the firm/individual
- Bank account in the name of the firm at a recognised commercial bank
- Valid address proof for the principal place of business
- Digital Signature Certificate (DSC) or AADHAAR-based e-KYC for online verification
Our IEC Services
- New IEC application filing on DGFT portal with complete documentation
- IEC modification — adding new branch offices, changing address, updating bank details, adding/removing directors/partners
- IEC updation with GST details for seamless linking with ICEGATE
- Surrender of IEC when business ceases import/export activities
- Resolution of IEC mismatches or errors on DGFT/Customs systems
Frequently Asked Questions – IEC
Q: How long does IEC registration take?
New IEC is typically issued online within 1–3 working days if all documents are in order. DGFT processes IEC applications on a straight-through processing (STP) basis, making it one of the fastest licences to obtain.
Q: Does IEC need annual renewal?
Yes. With effect from 2021, IEC must be updated/renewed on the DGFT portal every year between April and June. If not updated, the IEC is deactivated. We handle IEC annual updation for all our retainer clients.
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