Import/Export Code

Our Team will consult you and help you to get IEC in 2 Working days .

WHAT IS IEC?

If you are in business of Importing and Exporting of goods in India, it mandatory to have 10 digit Import Export Code. Many a times Import Export Code is abbreviated as IEC. Import Export Code is required for all persons or enterprises involved in Import or Export of goods. Import Export Code is issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industries, Government of India. Import Export Code has Lifetime Validity.

  • It is mandatory for every importer and exporter to register under IEC
  • DGFT, Customs, and Export Promotion Council guarantee benefits can be taken from the import or export. The revenue cannot be claimed without this code
  • IEC code has a lifetime validity, you don’t have to renew it again and again
  • Any of the property owner can obtain the code in their name, though it does not necessarily require establishing a business
  • When it comes to IEC no return filling is not required and even import or export transactions are not required to be filed under DGFT
 

BENEFITS OF IEC

  • Open International Market IEC helps you in taking your organization and products to the worldwide market and develop your organizations. You can also sell your products on international platforms
  • Product scaling and Increased Revenue there will be a vast increase in the revenue of the organization
  • Several benefits are availed the organization and various companies can avail several benefits from DGFT, customs, etc as per the IEC registration. On Exports the organization can claim tax benefits as well
  • Filing of return is not required IEC does not require the recording of any profits. When allocated, there isn't any necessity to pursue any kind of procedures for supporting its legitimacy. Notwithstanding for fare exchanges, there isn't any necessity for recording any profits with DGFT
  • Easiest procedure It is genuinely simple to acquire IEC code from the DGFT inside a time of 10 to 15 days subsequent to presenting the application. There isn't any need to give a proof of any fare or import for getting IEC code
  • No need of any renewal IEC code is successful for the lifetime of a substance and requires no recharging. It could also be utilized by a substance against all fare and import exchanges

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