Import Export Code (IEC) Registration – A Gateway to Global Trade
At Taxware, we make the process of IEC registration quick, easy, and affordable. With our team of compliance experts, we ensure you get your IEC without any delays or errors.
IEC Registration Online
If you're planning to start an import or export business in India, Import Export Code (IEC) is the very first license you must obtain. Issued by the Director General of Foreign Trade (DGFT), the IEC is a 10-digit unique code that enables Indian businesses to enter the global marketplace legally.
Procedure For Import Export Code Through TaxWare ?
What is Import Export Code (IEC)?
IEC, or Importer Exporter Code, is a mandatory identification number required for carrying out import or export activities in India. Without this code, you cannot legally import or export goods and services from India.
This code is issued once and is valid for a lifetime. It doesn’t require any renewal or filing compliance—making it one of the easiest government registrations to maintain.
Why is IEC Required?
Here are some key reasons why IEC is crucial for your business:
✅ Mandatory for Imports & Exports: No importer/exporter can operate without a valid IEC.
✅ Required by Customs: Customs authorities need the IEC for clearing shipments.
✅ Banking Transactions: Banks require IEC for processing international transactions related to trade.
✅ Business Expansion: IEC opens up new markets and global business opportunities.
Benefits of Having an IEC
Expand Globally: Access international markets and grow your business.
Government Incentives: Avail export subsidies and benefits under schemes like MEIS, SEIS.
Easy Compliances: No annual filings or renewals required.
Build Business Credibility: Get recognized as a legitimate global trader.
Frequently Asked Questions (FAQs)
Q1: Is IEC mandatory for service exporters?
A: Yes, if you’re claiming benefits under FTP or dealing with foreign clients, IEC is necessary.
Q2: Is there any renewal or annual filing for IEC?
A: No. Once issued, IEC is valid for a lifetime unless canceled or modified.
Q3: Can an individual apply for IEC?
A: Absolutely. Individuals engaged in international trade can apply using their PAN.
Q4: How long does it take to get IEC?
A: With Taxware, you can get your IEC within 2-4 working days.
