SSB Exim Services IMPORTER EXPORTER CODE (IEC)

We are the Best IMPORTER EXPORTER CODE Consultant in Hyderabad

 

What is an IEC ?

What Is IEC ?

As We Know that IEC Stands For Importer Exporter Code. 

An IEC is a 10-character alpha-numeric number allotted to an individual / entity that is mandatory for undertaking export / import activities. 

Consequent upon introduction / implementation of GST, IEC will be equal to PAN and will be separately issued by the respective Regional Licensing Authority (RLA) of Directorate General of Foreign Trade (DGFT) based on application for DGFT IEC with a view to maintain the unique identity of a person / entity.

No export or import shall be made by any person / entity without obtaining an IEC number unless specifically exempted. Exempted categories are as under :

   
       Sl. No

                                     
                                               Categories Exempted from obtaining IEC

         1

 Importers covered by clause 3(1) [except sub-clauses (e) and (l)] and exporters covered by clause 3(2)   [except sub-clauses (i) and (k)] of Foreign Trade (Exemption from application of Rules in certain cases)   Order, 1993.

         2

 Ministries / Departments of Central or State Government

         3

 Persons importing or exporting goods for personal use not connected with trade or manufacture or
 agriculture.

         4

 Persons importing / exporting goods from / to Nepal; Bhutan; Myanmar (through Indo-Myanmar border
 areas); provided that the CIF value of single consignment does not exceed Indian Rs. 25,000/- ; and
 Persons importing / exporting goods from / to China (through Gunji, Namgaya Shipkila and Nathula ports),
 (a) for import / export of goods through Gunji and Namgaya Shipkila, CIF value of single consignment does   not exceed Indian Rs.1,00,000/-; and (b) for import / export of goods through Nathula, CIF value of single   consignment does not exceed Rs.2,00,000/-.

 


 Note: Exemption from obtaining IEC shall not be applicable for export of Special Chemicals, Organisms,   Materials, Equipment’s and Technologies (SCOMET) except in case of exports by Ministries / Departments   of Central or State Government.

Annual online updating of IEC data:

An IEC holder should update their Importer-Exporter Code (IEC) data every financial year between April & June months without fail. In case there are no changes in the IEC data also needs to confirm the same through online. Failure of updating the IEC may lead to deactivation of their Importer Exporter Code (IEC).

How do you get IEC??

If you want get ie code registration first of all you need to register on the DGFT website, and login to the website by providing the Username and Password details. Next click on the ‘Apply for IEC’ option on the DGFT website. Fill the application form, upload the required documents, and proceed to payment option and click on the ‘Submit and next you will find Generate IEC Certificate’ button.


Application for Importer Exporter Code:

The applicant is required to submit online application with the following details / documents.

  • Cancelled cheque bearing entity’s pre-printed name or Bank Certificate in ANF-2A(I) of HBP v1.
  • Address proof of the applicant entity as mentioned in the application.

Documents required for grant of IE Code:

   1

 Proof of establishment /   incorporation / registration of firm   or company

 i. Partnership
 ii. Registered Society
 iii. Trust
 iv. HUF
 v. Others

   2

 Address proof (any one of the   documents)

i. Sale Deed, Rental agreement, lease deed, electricity bill, telephone land   line bill, mobile – post-paid bill, memorandum of understanding (MoU),   Partnership deed
 ii. Other acceptable documents (for proprietorship only): Aadhar card,   passport, voter Id
 iii. In case the address proof is not in the name of the applicant firm, a No   Objection Certificate (NOC) issued by the premises owner in favour of the   firm along with the address proof as a single PDF document.

   3

Proof of Firm’s / Company’s Bank   Account

 i. Cancelled Cheque bearing entity’s pre-printed name.
 ii. Bank certificate in prescribed format ANF-2A(I)

Validity of IEC:

IEC once allotted shall have permanent validity unless cancelled by the competent authority.

One PAN – One IEC:

Only one Importer Exporter Code shall be issued against a single PAN.

Surrender of IEC:

If an IEC holder does not wish to operate allotted IEC, the same may be surrendered to the issuing authority i.e., concerned RLA of DGFT.  On receipt of the request the issuing authority immediately cancel IEC and transmit the data electronically to DGFT and customs authorities.

How we SSB Exim helps you ??

As You know, we are the “Top Leading Importer Exporter Code (IEC) Consultants in Hyderabad.” Importer-Exporter Code (IEC) is a key business identification number which is essential for undertaking Exports or Imports. Import or Export is not permissible in the absence of an IEC Number granted by the concerned Regional Licensing Authority / Regional Authority (RLA / RA) of Directorate General of Foreign Trade (DGFT).

IEC CODE REGISTRATION

  • Apply for IEC
  • Modify / Update IEC
  • Removal of IEC from DEL
  • Merger of IEC
  • Surrender IEC  

Need help? Don’t worry, we’re ready to assist you.

Frequently Asked Questions on...​ IEC

  • First login in to DGFT website and then click on Login - Register - Register as Importer Exporter.
  • After Registering as Importer Exporter, go to My Dashboard -Importer Exporter Code - Apply IEC.
  • PAN Card
  • Partnership deed / Certificate of Incorporation / MoA & amp; AoA.
  • Address of the Office / Factory.
  • Bank Account details in the name of IEC Holder
  • Contact details (Mobile No. and e-Mail I’d)
  • Valid Digital Signature.
  • The OTP which is received to your Mobile No. / e-Mail I’d at the time of applying IEC will expires in 15 mins after it received.
  • Once the OTP has been expired, you can regenerate the OTP after 15 mins only.
  • Bank Details in IEC will be validated through Public Financial Management System (PFMS).
  • The PFMS validation result will be available from next day after submission.
  • Bank Details in IEC will be validated through Public Financial Management System (PFMS).
  • The PFMS validation result will be available from next day after submission.

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