Import Export Code (IEC) is a mandatory registration for any business or individual planning to engage in international trade. Whether you are exporting traditional Kerala products such as coir, spices, handicrafts, seafood, or IT services, the IEC serves as your gateway to global markets. However, many exporters in Kerala remain unaware of the compliance duties that come after IEC issuance, especially when it comes to its renewal or surrender.
This blog provides a complete guide to understanding the renewal and surrender process of IEC registration for Kerala exporters, and how professional assistance from OurTaxPartner.com can simplify the entire procedure for you.
Is IEC Renewal Required?
Yes. As per recent guidelines issued by the Directorate General of Foreign Trade (DGFT), all IEC holders are now required to update and validate their IEC details electronically every year between April and June. Even if there are no changes to your IEC particulars, an online confirmation is mandatory. Non-compliance with the renewal requirement may result in the deactivation of the IEC.
Why Is IEC Renewal So Important?
- IEC is required to clear goods through customs at ports and airports.
- Financial institutions require an active IEC to process export/import-related payments.
- Without a valid IEC, exporters cannot claim benefits under export incentive schemes such as MEIS, SEIS, or RoDTEP.
- Non-renewal can lead to delays in shipments and cancellation of export orders.
Kerala exporters must especially be vigilant during the annual IEC update window (April–June) to ensure continued global operations.
How to Renew IEC Online?
The IEC renewal process has been completely digitized through the DGFT portal. Here’s how OurTaxPartner.com assists Kerala exporters:
- Login or create an account on the DGFT website using DSC or Aadhaar-based e-sign.
- Select the IEC Update/Modification option under the ‘Services’ tab.
- Review the existing details and make any necessary corrections.
- Submit the form online with verification.
- Receive the digitally signed updated IEC certificate on your email.
Our expert consultants can help you avoid common errors during the digital update, which may lead to processing delays or rejection.
When Should Kerala Exporters Consider Surrendering IEC?
Surrendering the IEC is recommended in the following scenarios:
- Business has ceased export/import operations permanently.
- The IEC was issued for a branch/firm that has now been dissolved or merged.
- The IEC holder is retiring or closing business voluntarily.
- The IEC was obtained but never used, and the entity has no future plans of trade.
Process to Surrender IEC
IEC surrender is also conducted through the DGFT online portal. The steps include:
- Login to the DGFT website with your credentials.
- Go to the ‘Manage IEC’ section and select ‘Surrender IEC.’
- Provide the reason for surrender and upload supporting documents like closure declaration or resolution.
- Digitally sign the request using DSC or Aadhaar-based e-sign.
- After verification, the IEC will be deactivated, and a confirmation will be sent to your registered email.
Important: Once an IEC is surrendered, it cannot be reactivated. If required in the future, a fresh IEC application will be needed.
Documents Needed for Renewal or Surrender
To renew or surrender your IEC, you may need:
- PAN Card of the firm or proprietor
- Address proof of the business (electricity bill, rental agreement, etc.)
- Cancelled cheque or bank statement
- Board resolution or letter of surrender (for companies and LLPs)
- Digital Signature Certificate (DSC) or Aadhaar for e-verification
How OurTaxPartner.com Supports IEC Services in Kerala
As one of Kerala’s leading consultancy platforms for trade compliance, OurTaxPartner.com provides end-to-end support in:
- New IEC registration
- Annual renewal and validation of IEC
- Updating contact details, address, or business activity
- Surrendering IEC after business closure or merger
Our services are 100% online, fast, and designed to assist traders across Kerala—from Kochi and Alappuzha to Kozhikode and Kasaragod.
Don’t Miss the Annual Renewal Window
Exporters must remember that the IEC update is an annual mandate. Missing the update may not only lead to compliance penalties but may also jeopardize your eligibility for government benefits and subsidies.
Conclusion
IEC is not just a one-time registration—it’s a responsibility. Whether you’re managing a full-scale export house or a small online store shipping globally, staying updated with IEC requirements is crucial for legal and financial continuity.
If you’re unsure about your current IEC status or want to renew or surrender your code professionally, click here to contact OurTaxPartner.com and ensure complete compliance in just a few steps.
Export without interruption. Comply with ease. OurTaxPartner.com is your trusted guide for IEC services in Kerala.
