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Importer Exporter Code Manual

 
GUIDE TO IMPORTER EXPORTER CODE (IEC)
 
 
INDEX

1. What is IEC?
 
2. Why is IEC required?
 
3. Who can get IEC?
 
4. Who issues IEC?
 
5. What is the fee for IEC?
 
6. What is the validity of IEC?
 
7. Is there any Application form for applying IEC?
 
8. Where I can find application for applying IEC?
 
9. What is the procedure to apply for IEC?
 
10. What are the Documents required?
 
11. Whether we can submit manual application for IEC?
 
12. Besides above documents are there any other details required?
 
13. Who can sign the IEC application?
 
14. How can I make the payment of IEC fee?
 
15. How will I Know when my IEC is approved?
 
16. What happens when application for online application for IEC is not complete?
 
17. How can one remove the deficiencies in application when IEC is filed online?
 
18. Can I modify my IEC after issuance?
 
19. Is there any fee for making modification in the IEC already issued?
 
20. What is Regional Authority (RA) of DGFT?
 
21. To which Regional Authority (RA) I can file my application?
 
22. Whether IEC is exempted for certain categories?
 
23. Whether IEC issued for EOU/SEZ would be valid in case unit gets converted to DTA?
 
24. Whether a company can obtain multiple IEC’s?
 
25. Whether I can surrender my IEC?
 
26. What happens when my original IEC is lost?
 
27. Whether different IEC is required for different countries/products?
 
28. Which organization can help me in exports after obtaining IEC?
 
29. Whether IEC is only document for Exports or Imports?
 
30. How much time will it take in IEC application process?
 
31. Whether IEC is required by DTA supplier for supplying goods to an exporter?
 
32. Whether IEC is required for participation in international fairs?
 
33. Whether I can import duty free goods by obtaining IEC?
 
34. I am a small exporter registered under MSME? Whether I still need IEC?
 
35. Whether IEC needs to be registered with other related organizations?

 
1. What is IEC?
IEC or Importer Exporter Code is unique 10 digit code issued by DGFT – Director General of Foreign Trade, Ministry of Commerce, Government of India to Indian Companies and individuals to enable them carry International Trade.
 
2. Why is IEC required?
 
To import or export in India, IEC Code is mandatory. No person or entity shall make any Import or Export without IEC Code Number, unless specifically exempted.

3. Who can get IEC?
 
An individual or a company who wants to do international business can get an IEC. Individuals can use either the name of their company or their name directly to apply for IEC.
 
4. Who issues IEC?
 
IEC is issued by Directorate General of Foreign Trade (DGFT) which is under Ministry of Commerce
 
5. What is the fee for IEC?
 
Application fee to get IEC is Rs. 500/-
 
6. What is the validity of IEC?
 
An IEC allotted to an applicant shall have permanent validity.
 
7. Is there any Application form for applying IEC?
 
Yes. Application has to filed in ANF 2A format for grant of IEC
 
8. Where I can find application for applying IEC?
 
Go to www.dgft.gov.in/ Go to IEC (How to apply IEC) Select Manual application to get ANF 2A
 
9. What is the procedure to apply for IEC?
 
There are two ways for filing application i.e. Online and manual. The process is as below:
 
1) Go to www.dgft.gov.in/
 
2) Click the link: Online IEC application
 
3) Fill up applicant details in Part A and Submit
 
4) Applicant will receive registration code by email or mobile
 
5) Fill in Part B, C, tick declaration in Part D and Upload Digital photograph, requisite documents and review information submitted in Part E
 
6) Pay the application fee
 
7) Select the jurisdiction, then 
 
In case of digital signature
 
Submit the application online
 
Not having digital signature
 
Take a printout of complete form sign it and may be submitted to concerned RA through post or by hand
 
10. What are the Documents required?
 
The documents should be uploaded in digital format-jpeg, size not exceeding 5MB and are legible.
 
For proprietorship
  
- Digital photograph (3x3cms) of proprietor
- Copy of Pan Card
- Copy of Passport/Voter ID/Driving License/UID
- Sale Deed in case Business Premise is self-owned or rental/leased agreement or latest electricity/telephone bill
- Bank Certificate as per ANF 2A(I)/Cancelled cheque bearing pre-printed  name of applicant
 
For Partnership

-Digital photograph of managing partner
-Copy of applicant entity
-Copy of passport/voter ID/UID of Managing partner signing the application (PAN card also allowed)
-Sale Deed in case Business premise is self –owned or rental/leased agreement or latest electricity/telephone bill
-Bank Certificate as per ANF 2A(I)/cancelled cheque bearing pre-printed name of applicant (entity and account number)
-Other documents (Partnership deed)

For LLP/Govt/Public/Pvt Ltd Company

-Digital Photograph of Designated Partner/Director
-Copy of PAN card of applicant entity
-Copy of passport/Voter ID/UID of Managing Partner/Director signing the application
- Sale Deed in case Business premise is self-owned or renrtal/leased or latest electricity/telephone bill
-Bank Certificate
-Other Documents (Certificate of Incorporation issued by RoC)
 
11. Whether we can submit manual application for IEC?
 
Yes. But, please note that filing of application along with requisite documents “online” is mandatory.

12. Besides above documents are there any other details required?
 
Yes. The application form would require you to fill various details. For example, in case of Partnership firm you would be required to fill details of each partner like their PAN, Residential Address. Similarly, in case of LLP/Private Limited you would be required to fill for each director, their PAN and DIN number.
 
13. Who can sign the IEC application?
 
Application has to be signed by Proprietor/Managing Partner/designated partners/Director/Secretary or Chief Executive of the society/Managing trustee/Karta as the case may be.
 
14. How can I make the payment of IEC fee?
 
Payment by Demand Draft of Rs.500/- evidencing payment of application fee in favor of the concerned Regional Office of DGFT. Money can also be paid through Electronic Fund Transfer (EFT) and applicant should have a Net banking account with one of the designated banks: HDFC, ICICI, Bank of India, SBI, Central Bank of India, PNB, Axis Bank, Union Bank of India and Oriental Bank of Commerce.
 
15. How will I Know when my IEC is approved?
 
When an e-IEC is approved by the competent authority, applicant is informed through e-mail that a computer generated e-IEC is available on the DGFT website By clicking on “Application Status” after having filled and submitted the requisite details in “Online IEC Application” webpage, applicant can view and print his e-IEC.
 
16. What happens when application for online application for IEC is not complete?
 
In case the application is incomplete or otherwise ineligible, the same shall be rejected and a Rejection letter/email (with reasons for rejection) would be sent to the applicant.
 
17. How can one remove the deficiencies in application when IEC is filed online?
 
Deficiency in the application form has to be removed by re-loging onto “Online IEC application” on DGFT website and filling the form again by paying the requisite application processing charges.
 
18. Can I modify my IEC after issuance in case of change in details like name, address, constitution, etc?
 
Application for modification can be made in ANF 2A for changes like Name, Address, Nature of firm, etc.
 
19. Is there any fee for making modification in the IEC already issued?
 
Yes. For modification fees is Rs. 200.
 
20. What is Regional Authority (RA) of DGFT?
 
Regional Authority means authority competent to grant an Authorisation under the Foreign Trade (Development and Regulation) Act 1992 or an order made by Central Government under the Act.
 
21. To which Regional Authority (RA) I can file my application?
 
Territorial jurisdiction of RAs is given in Appendix 1A of Appendices and Aayat Niryat Forms. The address of applicant determines the jurisdiction of RA. Each application, unless otherwise specified, shall be submitted to jurisdictional RA
 
22. Whether IEC is exempted for certain categories?
 
Yes.
 
i) IEC is exempted for Ministries/Departments of Central or State government.
 
ii) Import/Export of goods for personal use.
 
iii) Import/Export from/to Nepal, Myanmar (through border areas), China (through Gunji, Namgaya Shipkila and Nathula ports)
 
23. Whether IEC issued for EOU/SEZ would be valid in case unit gets converted to DTA?
 
Yes, the IEC issued for units operating under EOU/SEZ would be valid even if they gets converted to DTA units. The jurisdictional DC will send IEC filed to concerned RA after de-bonding.
 
24. Whether a company can obtain multiple IEC’s?
 
Only one IEC will be issued against a single pan card. A group company can declare all its branch offices while submitting IEC application.
 
25. Whether I can surrender my IEC?
 
If an IEC holder does not wish to operate, he may surrender his allotted IEC to concerned Regional Authority.

26. What happens when my original IEC is lost?
 
Application may be made in Appendix 2N.

27. Whether different IEC is required for different countries/products?
 
No. Single IEC is enough to do export/import business with all countries.
 
28. Which organization can help me in exports after obtaining IEC?
 
Government has set up various EPC’s, Commodity Boards, Developing Authorities to promote exports of a particular sector. For example- Cashew falls under Cashew EPC, spices under Spices Board, etc.
 
29. Whether IEC is only document for Exports or Imports?
 
IEC is a compulsory document for import/export but not the only document. Other documents may include Certificate of Origin, RCMC, Bill of Lading, Invoice, etc. Further, some products required additional documents like Drug Controller Certificates in case of pharmaceutical exports.

30. How much time will it take in IEC application process?
 
Once application is completed in all respects RA shall dispose the IEC application in 2 working days.

31. Whether IEC is required by DTA supplier for supplying goods to an exporter, EOU or SEZ?
 
Yes. Supply of goods in certain categories fall under Deemed exports and to avail the benefits of deemed exports under Foreign Trade Policy, the supplier should have an IEC.
 
32. Whether IEC is required for participation in international fairs?
 
No. However, if a company would like to participate in international fairs through an Export Promotion Councils at subsidised cost should have an IEC.
 
33. Whether I can import duty free inputs by obtaining IEC?
 
No. For duty free imports of inputs/capital goods one has to take route of various schemes of Foreign Trade Policy like Advance authorisation, EPCG for which one is required to file a separate application.

34. I am a small exporter registered under MSME? Whether I still need IEC?
 
Yes.
 
35. Whether IEC needs to be registered with other related organizations?
 
Yes. A copy of the IEC shall be endorsed to concerned bankers.
 

 
 
Importer Exporter Code Manual