With Kerala emerging as a hub for various industries including spices, seafood, coir products, garments, and IT services, the potential for global trade has never been greater. However, to tap into international markets and unlock export-import opportunities, businesses in Kerala must first secure an essential legal credential—an Import Export Code (IEC). This unique 10-digit code, issued by the Directorate General of Foreign Trade (DGFT), is mandatory for anyone engaged in importing or exporting goods or services from India.
In this detailed guide, we’ll explore what an IEC is, why it’s important, who needs it, how to obtain it, and how businesses in Kerala can benefit from professional assistance for seamless registration. If you’re ready to apply for your IEC, OurTaxPartner.com offers reliable registration services designed for Kerala entrepreneurs and businesses.
What is Import Export Code (IEC)?
The Import Export Code (IEC) is a 10-digit identification number issued by the DGFT under the Ministry of Commerce and Industry. It acts as a license for businesses to engage in import and export operations in India. Without an IEC, you cannot clear shipments at customs or receive international payments in a legal and compliant manner.
Once issued, the IEC remains valid for a lifetime and does not require any annual renewal. However, updating and linking it with PAN and other documents is necessary to keep it active and compliant.
Why is IEC Important for Businesses in Kerala?
Kerala’s strategic coastal location, growing logistics infrastructure, and heritage in export-oriented industries like spices, coir, handloom, seafood, and Ayurveda products make it a strong player in international trade. Here’s why obtaining IEC is essential for businesses operating in this state:
- Mandatory for Legal Compliance: You cannot legally import or export goods or services without IEC. It is a requirement for customs clearance, shipping, and receiving international payments.
- Enables Access to Global Markets: IEC opens the door to global trade by allowing businesses in Kerala to connect with clients, buyers, and partners worldwide.
- Required for Bank Transactions: Banks in India require IEC to process inward and outward foreign remittances related to international trade.
- Eligibility for Government Benefits: Many export promotion schemes and subsidies under DGFT and other ministries are available only to registered exporters with a valid IEC.
- Builds Business Credibility: Having IEC adds legitimacy and professionalism to your export-import operations, which can enhance your credibility among foreign clients and partners.
Who Needs an IEC?
IEC is required by:
- Exporters and importers of goods and services
- Manufacturers involved in global supply chains
- E-commerce sellers shipping products overseas
- Freelancers and consultants receiving international payments
- Businesses registered under MSME or startups planning to expand globally
Even individuals or sole proprietors not registered as companies can apply for IEC using their PAN card and personal credentials.
Exemptions from IEC
IEC is not required under certain conditions:
- For personal imports or exports not connected to trade
- Ministries and departments of the Central or State Government
- UN and notified charitable organizations (subject to DGFT guidelines)
Documents Required for IEC Registration
To apply for IEC in Kerala, the following documents are typically required:
- Copy of PAN Card (Individual or Company)
- Aadhaar Card or Passport (for individual applicants)
- Business address proof (Electricity bill, Rent Agreement, etc.)
- Cancelled cheque of current account or Bank Certificate
- Digital photograph (for individual applicant or authorized signatory)
- Email ID and Mobile number for OTP verification
Proper document preparation and validation ensure faster and smoother processing.
Step-by-Step Process to Obtain IEC in Kerala
- Step 1: Visit the official DGFT portal and register your business profile with valid credentials.
- Step 2: Fill out the IEC application form (ANF-2A) online with required details.
- Step 3: Upload scanned documents and verify details.
- Step 4: Pay the prescribed government fee (currently ₹500) via online payment modes.
- Step 5: Submit the application and download the acknowledgement receipt.
- Step 6: Receive the digitally signed IEC certificate via email, typically within 1–2 working days.
To avoid delays or rejections, it’s advisable to seek expert guidance. OurTaxPartner.com offers complete assistance, from document verification to final certificate delivery.
Post-Registration Compliance
While IEC does not require renewal, you are required to:
- Update any changes in address, contact details, or business structure within 30 days of change
- Link IEC with PAN, Aadhaar, and other statutory registrations like GST, MSME, etc.
- File an annual update on the DGFT portal (even if there is no change), failing which IEC may be deactivated
Common Mistakes to Avoid
- Submitting incorrect PAN or name mismatches
- Failure to use a valid and active mobile number and email ID
- Delays in updating profile or changes in business details
- Not keeping track of the IEC status post-issuance
These issues can lead to compliance risks and shipment delays. Let professionals manage your application and periodic updates to stay on the safe side.
Benefits of Getting IEC with OurTaxPartner.com
OurTaxPartner.com is Kerala’s trusted platform for IEC registration and trade compliance. Their services include:
- End-to-end IEC registration and DGFT liaison
- Quick turnaround within 2 working days
- Professional document check and digital form filling
- Post-registration support for amendments and linking
- Assistance with GST, MSME, and other compliance needs
Their dedicated support team ensures smooth registration, whether you’re an individual, MSME, startup, or exporter looking to expand.
Conclusion
The Import Export Code is not just a legal formality—it’s your passport to global business. For Kerala-based companies and entrepreneurs, obtaining IEC unlocks new markets, boosts trade visibility, and brings in government incentives. With growing digital access and trade facilitation, there’s no better time than now to begin your export-import journey.
If you’re planning to import or export goods or services from Kerala, take the first step today. Visit www.ourtaxpartner.com/registration-service/import-export-code/ and get started with hassle-free IEC registration.
