In an increasingly globalized economy, many Indian entrepreneurs, startups, MSMEs, and established businesses are seeking to tap into international markets. Whether you plan to import goods from abroad or export your products or services to other countries, obtaining an Import Export Code (IEC) is the first legal requirement. This 10-digit code issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry, Government of India, is mandatory for all cross-border trade transactions.
This blog presents a detailed and up-to-date guide to IEC registration in India, including the application process, required documents, applicable fees, and standard timeline. If you want expert assistance and a hassle-free experience, consider professional support from Our Tax Partner – Import Export Code Services.
What is an Import Export Code (IEC)?
The Import Export Code (IEC) is a unique 10-digit identification number required by any person or business looking to import or export goods and services from India. It acts as a license to conduct international trade and is issued by the DGFT. Without an IEC, Indian customs authorities will not clear shipments, and banks will not process foreign transactions for imports or exports.
Who Needs an IEC?
The following entities are required to obtain an IEC in India:
- Proprietorship firms involved in import/export
- Partnership firms and LLPs
- Private Limited and Public Limited Companies
- HUFs and trusts conducting international trade
- Startups and MSMEs exporting services or digital products
- Individuals undertaking e-commerce exports or acting as merchant exporters
Even service providers who receive payments in foreign currency from clients abroad are required to obtain an IEC if the transaction is deemed an export under Indian laws.
When is IEC Not Required?
IEC is not required in the following scenarios:
- For personal use imports/exports not connected with trade
- For individuals importing/exporting goods worth less than ₹25,000 through courier or post
- If the business falls under categories exempted by DGFT notifications
- For export/import transactions where the goods/services are exempt under bilateral agreements
Documents Required for IEC Registration
The documentation required varies slightly depending on the type of entity (proprietor, partnership, company, etc.), but generally includes the following:
- PAN Card of the applicant or business entity
- Aadhaar card or passport (for individual/proprietor)
- Business address proof (electricity bill, property tax, rent agreement, etc.)
- Bank account proof (cancelled cheque or bank certificate)
- Digital Photograph (passport-size)
- Entity establishment documents (Partnership Deed, Certificate of Incorporation, etc., if applicable)
Note: All documents must be self-attested and uploaded in clear, readable formats (PDF/JPEG).
Step-by-Step IEC Registration Process
The DGFT has made the IEC registration process fully online and paperless. Here’s a detailed walkthrough:
Step 1: Visit the DGFT Portal
Go to the official DGFT website: https://www.dgft.gov.in/. If you’re a new user, you’ll need to register using your mobile number, email ID, and PAN.
Step 2: Login to Your Account
After registration, log in using your credentials and navigate to “IEC Services” → “Apply for IEC”.
Step 3: Fill in the Application Form
Provide the required details such as applicant name, PAN, address, bank details, and nature of business. Ensure there are no discrepancies with the supporting documents.
Step 4: Upload Required Documents
Scan and upload all the necessary documents. Make sure they are legible, updated, and self-attested.
Step 5: Pay the Application Fee
Pay the prescribed fee online (currently ₹500) via Net Banking, Debit/Credit Card, or UPI.
Step 6: Sign and Submit the Application
Electronically sign the application using either a Digital Signature Certificate (DSC) or Aadhaar e-sign (only for proprietorships). Submit the form upon successful verification.
Step 7: Acknowledge and Track
You will receive an acknowledgment reference number. You can track the status of your application using this reference on the DGFT portal.
Step 8: Receive IEC Certificate
Upon approval, your IEC will be issued and can be downloaded directly from the portal. The process typically takes 1 to 3 working days.
Fees for IEC Registration
The government fee for IEC registration is ₹500 (inclusive of all taxes). However, if you hire a consultant or service provider for documentation and submission, there may be additional professional fees depending on the scope of services provided.
Pro Tip: Consider using a professional service like Our Tax Partner to avoid errors, save time, and receive full guidance from start to finish.
Timeline for IEC Registration
The standard timeline for IEC registration in India is:
- Same Day: If all documents are in order and there are no technical issues, your IEC can be issued within 24 hours.
- 1–3 Working Days: In most cases, applications are processed within 1–3 working days.
- Delayed Cases: Applications may be delayed if there are errors in PAN verification, address mismatch, or faulty DSC authentication.
Post-Registration Responsibilities
Once you receive your IEC, here are a few important compliance tips:
- Link IEC with your GSTIN for customs clearance
- Update your IEC if there are any changes in address, bank, or entity details
- Revalidate the IEC online every year (as per latest DGFT rules)
- Maintain proper records of imports/exports for audits
Why Choose Our Tax Partner for IEC Registration?
Our Tax Partner is a trusted consultancy firm that assists individuals, startups, MSMEs, and corporates across India with end-to-end IEC registration. Our expert services include:
- Document preparation and verification
- Error-free online form filing
- DSC issuance and Aadhaar e-sign support
- Follow-up and real-time application tracking
- Post-registration updates and annual IEC compliance
Visit our service page for more details: www.ourtaxpartner.com/registration-service/import-export-code/
Conclusion
IEC registration is a critical prerequisite for starting import/export operations in India. While the process is now digital and simplified, it still requires accurate documentation and procedural precision. A small mistake can delay your global ambitions.
For a smooth and successful IEC registration experience, let Our Tax Partner handle the process professionally while you focus on building your business globally.
