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IEC [Import/Export Code]
Producer

Import Export Code Registration

#Benefits :

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    The IEC registration helps traders open the doors to venture into the global market, including registration in online e-commerce operators
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    Businesses can avail government schemes like the Merchandise Export from India Scheme (MEIS), the Service Export from India Scheme (SEIS), and others from customs and export promotion
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    No compliance requirements pos registration and hence maintaining the business is relatively simple
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    The process of obtaining IEC is not tedious and can be obtained with minimal, basic documents.

# How to Register for an IEC :

To get your import export license online, you will need to do the following simple IEC registration steps.

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    All the required documents, including bank details and DSC, have to be submitted :


    Step 1 :

    All the required documents, including bank details and DSC, have to be submitted
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    Step 2 :

    The online IEC application form will be filed with the Directorate General of Foreign Trade (DGFT)
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    Step 3 :

    Once the documents and application are verified by the authorities, the import export code will be granted as a soft copy to the entity.

# Documents Required :

The documents required for an IEC registration are relatively easy to get together. Only a few documents are required, which are listed below :

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    PAN card of the company (not applicable in case of the proprietor)
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    Applicant’s PAN and Aadhaar card (driving license/Aadhaar/voter ID)
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    Incorporation certificate/partnership deed
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    Address proof (electricity bill/rent agreement/sale deed of the office location)
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    Copy of cancelled cheque leaf/banker certificate of the current account in the name of the company.

# Eligibility :

Any type of business registration: sole proprietorship, partnership, private limited companies, charitable organizations dealing with import and exports of goods can register for import-export code, irrespective of the size. However, an IEC is not required for import/export of goods for personal use, which are not connected with trade, manufacture, or agriculture. There is no need for a business set up.

# Exemption of IEC :

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    Persons undertaking import and export of goods for personal reasons and not connected to trade, agriculture and manufacture
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    Through Indo-Myanmar border areas and China (via NamgayaShipkila, Gunji, and Nathula ports), the parties/individuals who import/export goods to/from Nepal and Myanmar with single consignment must not exceed the value of 25,000
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    As listed in appendix - 3, schedule 2 of ITC, exemption from obtaining IEC shall not be applicable for export of materials, organisms, special chemicals, equipments & technologies (SCOMET)
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    Ministries/departments of central and state governments.
Following permanent IEC numbers shall be used by non-commercial PSUs and categories of importers/exporters mentioned against them for import/export purposes :
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S.No Code Number Categories of Importers / Exporters
1 0100000011 All Ministries / Departments of Central Government and agencies wholly or partially owned by them.
2 0100000029 All Ministries / Departments of any State Government and agencies wholly or partially owned by them.
3 0100000037 Diplomatic personnel, Counselor officers in India and officials of UNO and its specialised agencies.
4 0100000045 Indians returning from / going abroad and claiming benefit under Baggage Rules.
5 0100000053 Persons / Institutions / Hospitals importing or exporting goods for personal use, not connected with trade or manufacture or agriculture.
6 0100000061 Persons importing/exporting goods from/to Nepal
7 0100000070 Persons importing/exporting goods from/to Myanmar through Indo-Myanmar border areas
8 0100000088 Ford Foundation
9 0100000096 Importers importing goods for display or use in fairs/exhibitions or similar events under provisions of ATA Carnet. This IEC number can also be used by importers importing for exhibitions/fairs as per Para 2.29 of HBPv1.
10 0100000100 Director, National Blood Group Reference Laboratory, Bombay or their authorized offices.
11 0100000126 Individuals / Charitable Institution / Registered NGOs importing goods, which have been exempted from Customs duty under Notification issued by Ministry of Finance for bonafide use by victims affected by natural calamity.
12 0100000134 Persons importing/exporting permissible goods as notified from time to time, from/to China through Gunji, Namgaya Shipkila and Nathula ports, subject to value ceilings of single consignment as given in Para 2.8(iv) above.
13 0100000169 Non-commercial imports and exports by entities who have been authorized by Reserve Bank of India.

Commercial public sector undertakings (PSU) who have obtained PAN will, however, be required to obtain the import export code number. The permanent IEC number as mentioned above shall be used by non-commercial PSUs.