An import export code is a unique 10-digit code that is required for every import/export business owner in India. The code is issued by the Director-General of Foreign Trade (DGFT), Ministry of Commerce, and needs no filing or renewal. IEC is required by importers to clear customs and shipment, and to transfer money to foreign banks. Exporters require their IEC to send shipments and receive money from foreign banks. In short, no importer/exporter can operate in India without getting the IEC.
To get your import export license online, you will need to do the following simple IEC registration steps.
The documents required for an IEC registration are relatively easy to get together. Only a few documents are required, which are listed below.
Any type of business registration: sole proprietorship, partnership, private limited companies, charitable organizations dealing with import and exports of goods can register for import-export code, irrespective of the size. However, an IEC is not required for import/export of goods for personal use, which are not connected with trade, manufacture, or agriculture. There is no need for a business set up.
Following permanent IEC numbers shall be used by non-commercial PSUs and categories of importers/exporters mentioned against them for import/export purposes.
|S.No||Code Number||Categories of Importers / Exporters|
|1||0100000011||All Ministries / Departments of Central Government and agencies wholly or partially owned by them.|
|2||0100000029||All Ministries / Departments of any State Government and agencies wholly or partially owned by them.|
|3||0100000037||Diplomatic personnel, Counselor officers in India and officials of UNO and its specialised agencies.|
|4||0100000045||Indians returning from / going abroad and claiming benefit under Baggage Rules.|
|5||0100000053||Persons / Institutions / Hospitals importing or exporting goods for personal use, not connected with trade or manufacture or agriculture.|
|6||0100000061||Persons importing/exporting goods from/to Nepal|
|7||0100000070||Persons importing/exporting goods from/to Myanmar through Indo-Myanmar border areas|
|9||0100000096||Importers importing goods for display or use in fairs/exhibitions or similar events under provisions of ATA Carnet. This IEC number can also be used by importers importing for exhibitions/fairs as per Para 2.29 of HBPv1.|
|10||0100000100||Director, National Blood Group Reference Laboratory, Bombay or their authorized offices.|
|11||0100000126||Individuals / Charitable Institution / Registered NGOs importing goods, which have been exempted from Customs duty under Notification issued by Ministry of Finance for bonafide use by victims affected by natural calamity.|
|12||0100000134||Persons importing/exporting permissible goods as notified from time to time, from/to China through Gunji, Namgaya Shipkila and Nathula ports, subject to value ceilings of single consignment as given in Para 2.8(iv) above.|
|13||0100000169||Non-commercial imports and exports by entities who have been authorized by Reserve Bank of India.|
Commercial public sector undertakings (PSU) who have obtained PAN will, however, be required to obtain the import export code number. The permanent IEC number as mentioned above shall be used by non-commercial PSUs.
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