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HOME GUIDES IMPORT EXPORT CODE (IEC)

STARTUP & BUSINESS SETUP · TRADE REGISTRATIONS

Import Export Code (IEC)

An IEC is the ten-digit code issued by the Directorate General of Foreign Trade that every Indian business needs in order to import or export.

SCOPE AND FEE FIXED IN WRITING BEFORE ENGAGEMENT GOVERNMENT FEES ITEMISED AT ACTUALS ONE NAMED PROFESSIONAL PER FILE

Why it matters

Without it, customs will not clear your consignment and your bank will not process the trade remittance. There is no workaround.

It is issued against your PAN and, once granted, is valid for life — there is no renewal fee and no expiry date.

It is a prerequisite for most export incentive schemes and for opening the trade facilities banks offer exporters.

The application itself is quick and entirely online, which makes it one of the few registrations that rarely justifies delay.

Who needs this

Any business importing goods into India
Any business exporting goods out of India
Service exporters who want to claim benefits under the foreign trade policy
E-commerce sellers shipping products to customers outside India
Businesses receiving payment from overseas buyers through trade channels

The process, step by step

01

Register on the DGFT portal

An account is created against your email and mobile, verified by OTP.

02

Complete the application

Entity details, PAN, address, and the details of directors or partners are entered in the prescribed form.

03

Upload the supporting documents

Address proof and a bank proof — a cancelled cheque or a banker's certificate in the name of the business.

04

Pay and sign

The government fee is paid online and the application is signed with a digital signature or through Aadhaar authentication.

05

Code issued

The IEC certificate is generated on the portal, usually very quickly for a clean application.

Documents you will need

Sent to you as one consolidated checklist, not as a trickle of requests across a week.

01 PAN of the business or the proprietor
02 Certificate of incorporation, partnership deed or equivalent constitution document
03 Address proof of the business premises
04 Cancelled cheque or banker's certificate in the name of the business
05 Digital signature of the authorised signatory, or Aadhaar for OTP authentication

Typical timeline

1–3 working days, often within 24 hours for a clean application

WHAT ACTUALLY MOVES IT

Address details that do not match the PAN record are the usual cause of delay
Bank proof in the wrong name will hold the application

These are honest working ranges, not guarantees. Departmental workload, objections and document quality all move the real duration — and where an office is running behind, we say so at the quote stage rather than after you engage us.

Common mistakes

Forgetting the annual update

The code is lifetime-valid but must be confirmed or updated on the portal every year between April and June. Skip it and the IEC is deactivated — usually discovered when a consignment is already at the port.

Address proof that does not match the PAN

The details on the application must agree with the PAN record. Small differences in the address are enough to hold it up.

Applying for a second IEC

One PAN, one IEC. A second application against the same PAN will not be granted; an additional business line is added to the existing code instead.

Bank proof in a personal name

The account must be in the name of the business entity applying, not the proprietor personally where the applicant is a company or firm.

What happens after

The certificate is not the end of the matter. These are the obligations that start the day it is issued — and they are on the calendar we hand over, whether or not you engage us for that work.

Update or confirm the IEC on the DGFT portal every year between April and June, without fail
Keep the address, bank and director details on the code current
Quote the IEC on all shipping bills, bills of entry and trade remittances
Register under the applicable export promotion council if you intend to claim scheme benefits

Questions we are actually asked

Does an IEC expire?

No, but it must be updated annually on the portal between April and June. An IEC that is not updated is deactivated, which has the same practical effect as not having one.

Do I need an IEC to export services?

Not for every service transaction, but you do need one to claim benefits under the foreign trade policy. Most service exporters obtain it for that reason.

Can a proprietorship get an IEC?

Yes. It is issued against the PAN, so a proprietor can hold one in the business's name.

What if my details change?

Update the code on the portal. An IEC carrying an old address or a closed bank account causes problems at exactly the wrong moment.

HOW YOUR FILE IS REPORTED

You see the stage your matter is at, not a status you had to ask for.

Every stage is reported as it happens, with the acknowledgement or challan attached the day it is raised. The panel below is a specimen of that view, not a live client file — an engagement at day zero looks exactly like this.

SPECIMEN FILE · PRIVATE LIMITED COMPANY 0 OF 5 FILED
Registers searched — MCA and IP IndiaPENDING
Digital signatures issuedPENDING
Name reservedPENDING
Incorporation filedPENDING
Certificate issued and file handed overPENDING
EVERY ACKNOWLEDGEMENT, SRN AND CHALLAN FORWARDED THE DAY IT IS RAISED

Tell us what you need. We will quote it in writing.

Scope, the document checklist, an honest timeline and a fixed professional fee — before any engagement letter exists. Government fees are shown separately at actuals, because they are the government's money, not ours.

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