subject: Ie Code And Benefits [print this page] Registration to get IE Code Number: Registration to get IE Code Number:
A citizen or a company starting a business for International trade has to Register the Company with the Director of Foreign Trade under the Ministry of Foreign Trade, to obtain an IE Code number, then only one can export materials to other countries and import materials from other countries to India.
Before 1997, it is essential to obtain this I.E Code number from the Reserve Bank of India, for every first time exporter for his export operations. Later, this work being done by Director General of Foreign Trade under the Ministry of Foreign Trade, Govt.of India.
DGFT provides every exporter an unique Import Export Code Number. IE Code Number is a ten digits code required for the purpose of export as well as import. No exporter is allowed to export his goods abroad without IEC number.
Exceptions are there for export to Nepal, Myanmar to China through Gunji or Nathuala ports.If the CIF value of a single consignment does not exceed Indian amount of Rs. 25,000 /-there is no need to obtain IE code number for export to the above destinations.
Benefits of Import Export Code (IEC)
On the basis of IEC, companies can obtain various benefits like incentives, drawbacks facilities on their Exports/Imports from DGFT, Customs, Export Promotion Councils etc.
Mandatory Requirements to apply for IEC Code Number
PAN Number
Current Bank Account
Bankers Certificate
IEC Code Number Application Fee Rs 250.00
(Expert TIP : Pay via EFT (Electronic Fund Transfer ), and submit IEC Online Application form, If you wish
to receive IEC Number instantly)
The physical application containing required documents should reach DGFT RLA concerned within 15 days of
its online submission.
E-mail is not mandatory. If it is provided it will facilitate faster communication.
Check List of Documents to apply for IEC Code
Covering Letter on your company's letter head for issue of new IEC Code Number.
Two copies of the application in prescribed format
(Aayaat Niryaat Form ANF 2A) must be submitted to your regional Jt.DGFT Office.
Each individual page of the application has to be signed by the applicant.
Part 1 & Part 4 has to be filled in by all applicants. In case of applications submitted electronically.
No hard copies of Part 1 may be submitted. However in cases where applications are submitted otherwise,
