Import Export Code
Basic
- IE Code
- LEDGERS Accounting Software
Standard
- IE Code
- Class 3 DSC with 2 year validity
- LEDGERS Accounting Software
Premium
- IE Code
- Class 3 DSC with 2 year validity
- LUT Registration
- LEDGERS Accounting Software
Import Export Code
Complete IEC Form, Eligibility, Eligibility, Documents Required
Export Code (IE) India is a registrar of Indian Customs and Export Customer Service who imports and exports goods from India. The IE code was issued by the Directorate General of Foreign Trade (DGFT), Department of Trade and Industry, Government of India. Application for IE code must be made to the Directorate General of Foreign Trade and the required documents. Once the request has been submitted, DGFT will issue the IE Code of the business within 15 – 20 business days or less.
Validity of IE code
IE code registration is a permanent registration that lasts a lifetime. Therefore, there will be no hassle to update, complete and renew IE code registration. It remains in effect until the business is in place or the registration is revoked or granted. In addition, unlike tax registration such as GST registration or PF registration, the importer or exporter does not have to file any filings or comply with any other compliance requirements such as annual filings.
Since IE code registration is one-time and does not require additional compliance, it is recommended that all companies and LLPs receive IE code after installation.
IE Code Exemption
Export Code required for a business to import any type of goods. However, the following categories of people are free to obtain IE Code:
- Import and export by central government or agencies or services for the purpose of protection or other lists listed under Foreign Trade (exemptions from applicable Laws in particular) Order, 1993.
- Import or Export for personal use.
Applying for IE Code
Section 2.08 of the Handbook of Procedure contains the provisions relating to the application of the IE Code. View public notification number. 27 / 2015-2020 dated 8 August 2018, the aforementioned framework was amended and the provisions of the amended scheme as applicable to the IEC application are provided below –
- Exports / exports will apply online on form ANF 2A.
- The requester is required to submit only two documents; one is proof of address, and the other is a pre-printed check or bank certificate.
Proof of Address
- Deed of sale, if the business premises are yours; or
- Lease / lease agreement if the property is leased / leased; or
- Recent electricity / household / portable credit bill in the applicant’s name; or
- GST registration certificate; or
- In the case of land ownership, the following evidence applies –
- Aadhar Card;
- Voter ID;
- Passport.
It should be noted that the above documents supporting the proof of address need to be in the name of the firm, however, in the case of land ownership, address proof in favor of the individual (ie owner) is acceptable (Trade Notice No. 39 / 2018-19 dated 12 December 2018) .
Documents required for IE code encoding
Proprietorship
The following are the documents required to apply for IE Code in India.
- Digital Image (3x3cms) Owner.
- Copy of PAN Card Owner.
- Copy of Passport (front and back page) / Voter Card / Driver’s License / UID (Aadhar Card) (any of these).
- Deed of sale if the business premises are yours; or Lease / Rental Agreement, in the event that the office is rented / leased; or recent electricity / telephone bill.
Bank Certificate According to ANF 2A (I) / Canceled Check with the applicant’s pre-printed name and A / C No.
Partnership firm
- Digital Image (3x3cms) Partner Manager.
- A copy of the PAN card of the applicant’s business.
- Copy of Passport (front and back page) / Voter Card / UID (Aadhar Card) / Driver’s License / PAN (any of these) of the Chief Executive Officer signing the application.
- Copy of Deed of Deed.
- Deed of sale if the business premises are yours; or Lease / Rental Agreement, in the event that the office is rented / leased; or recent electricity / telephone bill.
Bank Certificate According to ANF 2A (I) / Canceled Check with the applicant’s pre-printed business name and A / C No.
LLP or Private Limited Company or Section 8 Company
- Digital Image (3x3cms) of Partner / Company Director signing the application.
- A copy of the PAN card of the applicant’s business.
- Copy of Passport (front and back page) / Voter Card / UID (Aadhar Card) / Driver’s License / PAN (any of these) for the Chief Partner / Director signing the application.
- Certificate of support as issued by RoC
- Deed of sale if the business premises are yours; or Lease / Rental Agreement, in the event that the office is rented / leased; or recent electricity or telephone bill.
Bank Certificate According to ANF 2 A (I) / Canceled Check with company printed name and A / C No.
Organization or Trust
- Digital image (3x3cms) of signed applicant / secretary or Chief Executive Officer.
- A copy of the PAN card of the applicant’s business.
- Copy of Passport (first and last page) / Voter Card / UID (Aadhar Card) / Driver’s License / PAN (or any of these) of the Secretary or Chief Executive Officer / Trustee who signs the application.
- Deed of sale if the business premises are yours; or Lease / Rental Agreement, in case the office is rented / leased; or recent electricity / telephone bill.
- Organization Registration Certificate / Copy of Fund Title
Bank Certificate According to ANF 2A (I) / Canceled Check with a pre-printed name of the Registered or Funding Association and A / C No.
HUF
- Digital Map (3x3cms) of Karta.
- Copy card of KAN card of Karta.
- Copy of Passport (front and back page) / Voter Card / UID (Aadhar Card) / Driver’s License (any of these).
- Deed of sale if the business premises are yours or the Lease / Rental Agreement, in the event the office is rented / leased or the latest electricity / telephone bill.
Bank Certificate According to ANF 2A (I) / Canceled Check with the applicant’s pre-printed name and A / C No.
Proof of Banking
It has been clarified by Trade Notice No. 39 / 2018-19 of 12 December 2018 that a check without the pre-printed name of the account manager will not be accepted. Additionally, a pre-printed check can be for a savings account or a current account. It should be noted that the above-mentioned documents need to be downloaded online in digital format – GIF, JPEG and the document size should not exceed 5MB.
Import Export Code Release
Once the online application has been submitted, and the appropriate fees and documentation required, the IEC will produce it for itself. Information regarding the allocation of the IEC will be sent to the applicant via SMS and E-mail as well as a link where the e-IEC can be downloaded and printed. The IE code certificate will only be issued digitally and can be downloaded from the link provided. The e-IEC owner needs to update his or her profile immediately after the release of the e-IEC. In addition, in the event of a change in the information specified in the IEC or in any other case, a profile review needs to be done at least once a year, in accordance with section 2.15 of the Handbook of Procedure, 2015-2020.
Although the export code is automatically generated, the Regional Authority will do so after confirming the IEC online as per the guidelines. In the event of any inaccurate / incomplete information being provided, the applicant will face a criminal charge / criminal action and in that case, the IEC will be suspended or canceled.
RCMC Registration
Registration-Cum-Membership Certificate (RCMC) is a certificate authorizing a trader who sells products registered with an agency / organization accredited by the Government of India. The certificate is issued for five years by the Export Promotion Councils or commodity board in India.
An exporter wishing to acquire RCMC must declare his or her regular business on request. This application will be forwarded to the Export Promotion Council / Property Board associated with the business.
Frequently Asked Questions
The IE code represents the Export Code. It is required of any person importing or exporting goods and services to or from India.
All importers must express their IE Code while removing customs when their goods arrive in India. All exports must express their IE Code while shipping their goods from India. Additionally, the RBI now asks the importer or exporter to quote the IE Code on remittances to a bank account. Therefore, the IE Code is required for anyone involved in importing or exporting into India.
No. The IE code is not a tax registration. Therefore no tax is levied based on the IE Code at the time of import or export of goods or services. However, tax liability may be levied.
Anyone who intends to import or export goods and services from or to India must obtain an IE Code.
Yes, people who work as business owners can get an IE Code Registration.