In today's globalized economy, global trade is more easily accessible than ever. But before any individual or business based in India can begin to import or exporting goods and services, they have to first acquire an Export Code (IEC) or Import Export Code (IEC). The 10-digit code, which is issued from the Directorate General of Foreign Trade (DGFT) serves as an approval that allows companies to legally participate in international trade. Through platforms like XportLicence.com, this important step has become much faster as well as simpler and accessible online.
What is IEC and why Do You Need It?
It is the Import Export Code is a unique identification number mandatory for businesses involved in trading or exporting goods and services. Without an IEC can't engage in international trade within India. It is issued by the DGFT and is valid for life that means that no renewals or ongoing compliance is needed immediately after registration.
It doesn't matter if you're an independent or sole proprietor, a business or an LLP, a trust, or an organization, you may seek an IEC. It is also required if you want to avail advantages from various Foreign Trade Policies offered to you by the Government of India. In today's highly competitive market having an IEC could open the door to international expansion, new revenue streams and government incentives.
Who is the person who issues the IEC?
IEC is issued by the IEC can be issued through the Directorate General of Foreign Trade (DGFT), which operates in conjunction with the Ministry of Commerce and Industry. The DGFT supervises its regulation as well as promotion of foreign trade in India and has 24 regional offices throughout the country. Its headquarters is located in New Delhi and is responsible for the creation and implementation of trade policies in foreign countries as well as issuing authorizations and the monitoring of obligations for exporters.
Documents Required for IEC Registration
To obtain your Import Export Code, the below documents are required
In the beginning, you'll require a PAN card. This can either be the PAN of the person who is applying or the business entity. You'll also need a valid Aadhaar card or a Voter ID for establishing your identity. Then, address proof is required, which could be a copy of property papers in case you own the house or a lease agreement in case the premises are rental. In addition, a current electricity bill is required to validate the address that is operational. Additionally, a self-declaration request is required. This allows to send an IEC certificate to your registered address.
These documents can be used to confirm your identity, place of residence, and the eligibility to apply for import-export activities in accordance with Indian law.
How do I apply for an IEC through XportLicence.com
Applying for IEC IEC using XportLicence.com is a simple and efficient process, designed to make your experience easy.
Your first task is filling the online application form in the online portal. In this form, you must provide essential information such as name, business type, address, and PAN number. Once the form is completed you'll upload any documents you have, including your PAN card as well as your Aadhaar card, and address proof. You should then carefully read through your application to ensure you have not made any mistakes or inaccuracies.
After verification, you will be asked to make an online secure payment. Once the payment has been completed, the expert team at XportLicence will be able to process your request. If your application is accepted and verified by DGFT The IEC certificate is emailed to your registered email address.
The process is usually completed within a couple of working days and doesn't necessitate you to visit any physical office.
Why is the IEC Important for Your Business?
The IEC isn't just a legal requirement. It's also an instrument to boost growth. With an IEC in hand, businesses can quickly expand their operations for international expansion. It serves as an official legal name for international transactions and is often required by banks to process overseas payments.
Furthermore, once you've registered there is no requirement for any regular maintenance or conformity checks related to the IEC. This means it's a one-time and long-term solution to your business needs. Companies with IEC registration can enjoy various benefits provided by DGFT Customs Departments, DGFT, and various other government agencies. These benefits include subsidies, tax relaxations, and access to export promotion programs.
What's the difference between IEC an Import Permit?
Although each of the IEC or Import License relate to trade activities, they have different objectives. The IEC is a fundamental prerequisite for any export or import operation in India and is applicable to the majority of goods and services. However it is an Import License is required only in the case of restricted goods or items made from specific countries. A majority of businesses need only the IEC for trading.
To get an IEC application, one needs to fill out an online form and upload documents on the IEC portal. To apply for the Import License involves filling out a separate type (ANF-2M) and could require manual submissions in specific instances. import export code
Why do you choose XportLicence.com?
XportLicence.com is a trusted and ISO-certified website that makes IEC registration quick and simple. It's designed specifically for those who are first-time traders, small-scale business owners, startups or even large businesses that require fast and reliable service.
Unlike generic portals, XportLicence provides professional advice and assistance and ensures that your application is complete and secure. You have access to live tracking, support via digital, and personalized assistance throughout the entire process.
The platform is transparent and customer-centric, as well as secure. It also offers assistance with the digital signature registration process, complaint filing and real-time tracker of complaints. XportLicence.com isn't just a portal--it's a friend in your trade journey.
Services Offered by XportLicence.com
The platform provides a range of services designed to address all aspects of licensing for export and import. This includes:
New IEC registration for those who are the first time applicants
IEC update and renewal support
Consulting services for import-export
Digital signature registration
Sample IEC certificate access
Online complaint filing and monitoring
Support for customers quickly via helpline and email
The whole procedure is intended to be seamless and easy it requires only minimal documentation and no personal visits.
What Clients Are Saying
Many customers across India have expressed a high level of satisfaction about XportLicence's offerings. Clients have reported higher trade business, increased access to international markets and faster approvals. The service is frequently appreciated for being quick, transparent, and professional.
One client from Chandigarh mentioned that their business received four times more interest following their registration through XportLicence.com. The overall feedback is overwhelmingly positive, suggesting high trust and reliability of the services provided.
Frequently Asked Questions
What exactly is an IEC numbers?
It is an digit-code of 10 by DGFT, necessary for exporters as well as importers in India.
What is the price for obtaining an IEC?
Fees could vary. Contact support for the most current rates.
Is it mandatory of service providers?
Yes, If the service you provide is exported and you would like to claim benefits under trade policy.
What if I wanted to sell my product without having an IEC?
No IEC is not required. IEC is mandatory for all legal exports.
What is the time frame to receive the IEC?
Typically the certificate will be issued within a few days after document verification.
Is GST registration mandatory from exporters?
Yes, usually, GST is necessary for tax credits and credits for input.
What is the validity of IEC?
The IEC is valid for life and does not require renewal.
Contact Information
For assistance, you can call us anytime to us between 10 am and 5 pm between Monday and Saturday.
Helpline Number: +91 9513446710 Alternate Helpline: +91 9355583095 Email: [email protected] Website: https://xportlicence.com
Disclaimer: XportLicence.com is a privately-owned consulting firm and is not affiliated to any government agency. It is a facilitation platform to assist users in registering and maintain their IEC requirements easily.
If you're planning to venture into the global market, begin your journey with a trustworthy partner. Visit XportLicence.com today to take the first step to expand your company's footprint worldwide.