What is IEC?
IEC (Import Export Code) is a 10-digit code issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce, Government of India. It is mandatory for individuals or businesses engaged in importing or exporting goods and services from India.
Why IEC Registration is Important?
- Mandatory for importing or exporting any goods/services from India
- Acts as a license for international trade
- Helps open doors to global markets and clients
- Required by banks to process foreign transactions
- Lifetime validity – no need for renewal
Who Should Register for IEC?
- Exporters and importers (individuals or businesses)
- Startups entering the international market
- E-commerce sellers shipping products globally
- Service providers dealing with foreign clients
Documents Required for IEC Registration
- PAN card of the applicant or business
- Aadhaar card or address proof of applicant
- Business registration certificate (for companies/LLPs)
- Cancelled cheque or bank certificate
- Email ID and mobile number
- Digital photograph of the applicant
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