IEC Code
Obtain your Importer Exporter Code from DGFT to start eligible import-export operations in India.
About this Service
IEC is issued by the Directorate General of Foreign Trade and is required for most commercial imports and exports, subject to specified exemptions. The application is online and linked to the applicant’s PAN and banking details. IEC holders should also comply with DGFT requirements for periodic confirmation / updating of IEC particulars where applicable.
Key Benefits
- IEC serves as the principal importer-exporter identification for most commercial import and export activities in India, subject to exemptions.
- It enables eligible businesses to undertake customs-related import / export transactions using a recognised DGFT identifier.
- Banks commonly require IEC for eligible foreign-trade remittances and trade-finance processes.
- IEC supports DGFT-related applications, authorisations and export-import compliance where applicable.
- Once allotted and kept updated as required, IEC provides a single trade identity linked to the applicant’s PAN for cross-border business activity.
Eligibility Criteria
- Applicant may be an individual / proprietorship, partnership firm, LLP, company or other entity eligible to undertake import / export.
- Applicant should possess a valid PAN and identity / business details required by DGFT.
- A valid bank account in the name of the applicant / entity should be available for the application.
- Business / registered address details and supporting proof should be available as prescribed.
- Applicant must not fall under a category specifically exempt from IEC requirement or otherwise restricted under prevailing DGFT rules.
Documents Required
- PAN of applicant / entity
- Bank account proof / cancelled cheque or bank certificate as prescribed
- Address and constitution details
- Authorised signatory details
- Digital / Aadhaar based authentication as applicable on DGFT portal
- Additional entity documents if requested by portal
Frequently Asked Questions
What is the timeline for IEC Code?
The standard timeline depends on government processing, typically ranging from a few days to a few weeks.
What documents are required?
Standard KYC documents (Aadhaar, PAN, Address Proof) and business entity documents are required.
Is IEC a subsidy?
No. IEC is an import-export registration / identification code.
Who issues IEC?
The Directorate General of Foreign Trade (DGFT).
Is the application online?
Yes, IEC application and modification are handled online through the DGFT system.
What is the key identity linkage?
IEC is linked to the applicant / entity PAN and verified business and bank details.
Conclusion
IEC is a regulatory registration, not funding assistance. Businesses should obtain it before beginning applicable import-export transactions.
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IEC Code
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