Basics of Importer Exporter Code (IEC)
Meaning of Importer Exporter Code
Importer Exporter Code (IEC) is unique 10 digit code issued by DGFT (Director General o Foreign Trade)! "inistry o Commerce! Go#ernment o India to Indian Companies and ot$er entities%
Importance of Importer Exporter Code
To import or export in India! IEC is mandatory% &o person or entity s$all ma'e any import or export (it$out IEC%
Procedure for Application of IEC
)n application or grant o IEC s$all be made by t$e *egistered+ ,ead - ice o t$e applicant and apply to t$e nearest *egional )ut$ority o Directorate General Foreign Trade! alls in t$e .)ayaat &iryaat Form/ )&F0)1% (in *egistered o ice in case o company and ,ead o ice in case o ot$ers) T$e Form s$all be accompanied by documents prescribed t$erein% In case o 2T3I+ E,T3+ 4T3 units! t$e *egional - ices o t$e DGFT 5urisdiction o#er t$e district in ($ic$ t$e *egistered+ ,ead - ices o t$e 2T3I units is located s$all issue or amend t$e IECs%
Note : 1) Only one IEC would be issued against a single PAN. 2) In case there are more than one IECs allotted to a erson! the same may be surrendered to the "egional O##icer #or cancellation.
T$e IEC Form can be iled online% )long (it$ IEC application orm it is necessary to submit )ppendix/ 164 attested by applicant7s ban'er in $is letter $ead (it$ t(o passport si8e p$oto%
Application Fee For IEC
)pplication Fee9 *s1!000+/ Mode of Payment: In Demand Dra t o any ban'% 3ayment t$roug$ EFT (Electronic Fund Trans er) by nominated ban' by DGFT: ; HDFC Bank ; ICICI Bank ; State Bank of India ; UTI Bank, etc )pplication ee can be deposited by T*< C$allan (it$ duplicate copy in Central 4an' o India%
Mandatory Re uirements to apply for IEC
Co#ering letter on letter $ead (request letter)% )pplication on .)&F0) Form1 (3art )! 4! C! D) dully illed (it$ p$otograp$ o 3roprietor+ 3artner+ Director% 4an'er7s certi icate on ban'er7s letter $ead (it$ p$otograp$ o 3roprietor+ 3artner+ Director as per pro orma in )ppendix 16) in duplicate t$e a#our o 8onal =t%DGFT! &e( Del$i% If partners!ip firm" 3$otocopy o partners$ip deed duly sel attested and notari8ed% >ist o partners (it$ at$er7s name ? residential address (it$ telep$one numbers in duplicate (it$ pin code ? email address (letter $ead)% &o ob5ection certi icate signed by all partners in duplicate on letter $ead% If pri#ate limited or pu$lic limited company" Certi ied copy o "-) ("emorandum o certi icate o incorporation% )ssociation) (it$
>ist o directors (it$ at$er7s name ? residential address! email address and telep$one number (it$ pin code in duplicate (on letter $ead)% 4oard resolution (signed by all t$e directors) in duplicate (on letter $ead)% I c$ange o address+director Form no% 16+@0 (it$ receipt o *-C% I manu acturer exporter (proo / e#idence sel certi ied copy)% I branc$ address (proo e#idence o sel certi ied copy)% Identical p$otograp$ s$ould be used on t$e 4an' certi icate o t$e same person% Copy o 3)& in t$e name o applicant in duplicate (4ot$ side)% Demand dra t+ pay order or *s1!000+/ in a#our o A-&)> =-I&T DI*ECT-* GE&E*)> -F F-*EIG& T*)DE! (C>))! &EB DE>,I% %RI interest in t!e firm &'indly tic' one of t!e follo(ing" T$ere is no non/ resident in#estment (it$ or (it$out repatriation bene its $as been made in t$e irm+company: or T$ere is non/ resident interest in t$e irm+ company and non resident in#estment (it$out repatriation bene its in t$e irm+ company is $eld (it$ general+ speci ic permission o *4I: or T$ere is non resident interest in t$e irm+ company and non resident in#estment (it$ repatriation bene its in t$e irm+ company is $eld (it$ t$e speci ic permission o *4I: In case o &*I interest+ $olding (it$ repatriation bene its in t$e irm+ company: 1% 0% *4I )ppro#al &umber% *4I )ppro#al Date%
Note: All ages and documents re$uired with it should be sel# attested with rubber stam .
