Import Export Code
For a person/organization importing or exporting goods/services from India, registration under IEC is required.
It is issued by the Directorate General of Foreign Trade, Ministry of Commerce and industries, Government of India which can be used by the organization for its lifetime without any requirement for renewal.
Quoting of IEC is required at the time of clearing customs while importing goods into India.
Banks also require the IEC while sending money abroad
No requirements for return filing
Quoting of IEC is required while sending shipments by exporters from India
There is no requirement to incorporate business entity to obtain IEC. Even proprietors can obtain IEC.
Identity Proof of the applicant (passport, driving license, Aadhaar card, voters id, ration card,etc)
Business Proof of the entity (Partnership deed/incorporation certificate/ registration certificate)
Bank certificate/cancelled cheque to ensure that the applicant has an active bank account in India
Business Address Proof (Sale deed for self-owned, Rent deed/Lease deed if rented)
LatESI electricity or telephone bill with business address
Photocopy of applicant
DIN details (if applicant is a director)
Digital Signature Certificate