What is IEC?
To import in India or export out of India, IEC Code i.e. Importer Exporter Code is mandatory. IEC Code is unique 10 digit code issued by
DGFT – Director General of Foreign Trade, Ministry of Commerce, Government of India. No person or entity shall make any Import or Export
without IEC Code Number.
Eligibility and other provisions for applying IEC
1. No export or import shall be made by any person without an Importer-Exporter Code (IEC) Number unless specifically exempted. An Importer/Exporter Code (IEC) number shall be granted on application to the competent authority. Every application for grant of IEC number shall be made by the Registered/Head Office of the applicant, unless otherwise specified, shall be submitted to the Regional Authority of Directorate General Foreign Trade, as per the territorial jurisdiction of the Regional authorities and shall be accompanied by documents prescribed therein. In case of STPI/ EHTP/ BTP units, the Regional Offices of the DGFT having jurisdiction over the district in which the Registered/ Head Office of the STPI unit is located shall issue or amend the IECs.
For getting IEC now Digital Signature has become mandatory.
Now only three documents are required for getting IEC
1. Photo of Prorietor/Partner/Director
2. Pan card
3. Cancelled Cheque in the Name of Firm.