Import Export Code (IEC)

IEC Code Registration is the process of obtaining an Import Export Code from the Directorate General of Foreign Trade ( DGFT) to legally import or export goods and services from India. The registration is done online on the DGFT portal using PAN, business details, and bank information. While new IEC numbers are PAN-based and match the entity’s PAN, separate registration is still mandatory for activation. IEC registration enables customs clearance, foreign currency transactions, and access to export incentives. The code is issued once and remains valid for a lifetime, with only periodic updates required. So if you or your firm is a new importer you have to get IEC Certification done to ensure a hassle free process

IEC (Importer Exporter Code) is required because it is a mandatory legal identity for any business importing or exporting goods or services in India.

The process of the IEC Code can be completed online by following the right steps for certification on the DGFT portal

1. Create an account on the DGFT portal.
2. Apply for IEC using PAN details
3. Fill in business and bank information
4. Upload required documents
5. Pay the prescribed government fee of Rs.500 through Netbanking, Credit, Debit card or UPI
6. Submit the application and validate yourself on the portal
7. IEC is issued electronically after approval instantly or in a few days, depending on the steps and documentation followed while filling

The following documentation is required to be uploaded and validated to obtain the Import/Export Code ( IEC ).

• PAN card of individual/firm/company
• Aadhaar card of the applicant (linked with PAN)
• Address proof of business (utility bill, rent deed, sale deed, or bank document)
• Cancelled cheque or bank certificate
• Active mobile number and email ID ( for OTP Validation)
• Digital signature (DSC) for companies/LLPs and partnerships

The Import /Export Code (IEC) is generated instantly or within 1–2 working days after successful submission of the application, payment of fees, and verification of PAN and bank details. If any discrepancy or clarification is raised by DGFT, the approval timeline may extend to 3–5 working days.

Once approved, the IEC is issued electronically and can be downloaded immediately for use in import and export transactions.

 

Cost of IEC Code Registration

• Government fee: ₹500 (one-time) is payable online to the DGFT during application. This is the official fee for issuing the Import-Export Code.
• Modification fee: ₹200 if you update or amend IEC details later.
• Additional costs: If you use a professional consultant, expect extra charges (typically ₹1500–₹3,500+) and optional Digital Signature Certificate costs

Validity & Renewal of IEC Code

• Lifetime Validity: IEC issued by the Directorate General of Foreign Trade is valid for life

• No Renewal Fee: No periodic renewal required

• Annual Update Mandatory: Details must be updated every year

• Update Window: 1st April to 30th June

• Non-Compliance Risk: IEC may get deactivated

• Reactivation Needed: Required before import/export activities resume