Online Application for IEC Registration

IEC REGISTRATION ONLINE FORM

Your Requirement *

Select Constitution of Business * Select Option Proprietorship Firm Partnership Firm Limited Liability Partnership Private Limited / OPC Public Limited Govt. Undertaking Section 25 company Trust HUF Registered society

Select Your Business Activity * Select Option Merchant Exporter Manufacturer Exporter Merchant cum Manufacturer Exporter Service Provider Merchant cum Service Provider Manufacturer cum Service Provider Merchant cum Manufacturer cum Service Provider Others

PAN of Entity *

Business Name *

Business Address of Entity *

Owner's Residence Address *

E-Mail ID *

Mobile No *

Verification Code*

Verification Code   

Enter Coupon Code*

Have you applied IEC earlier on the same PAN ? Yes No

Only one Import Export Code Number can be allotted against one PAN Card, In order to continue your application you will have to provide Other Pan Card of some other business you might have.

Submit Application

A Comprehensive Guide to Online IEC Registration

The Importer Exporter Code (IEC) is an important business identification number needed for exporting from and importing into India. It is a necessary requirement, and unless you are exempt, you can't ship or import goods without an IEC. The licence may not be needed for service exports unless the provider wants to take advantage of the Foreign Trade Policy. Even though the Goods and Services Tax (GST) made the IEC the same as the firm's PAN (Permanent Account Number), the Directorate General of Foreign Trade (DGFT) still issues it separately based on an application. This post will look at IEC online registration.

IEC Import Export Code- What Is It?

The Import and Export Code, also known as the IEC number, is a ten-digit number unique to each business in India that imports or exports goods. The Directorate General of Foreign Trade allots this number to the applicants. Companies that import and export must have proof of registration with the IEC. Before importing into India, businesses must ensure their company is registered for GST and has an IE code, as both are needed for customs clearance. If you do not have an IE code and a GST registration, the port could hold your shipment. You may be required to pay demurrage fees, or the products may be destroyed.

Online IEC Registration is necessary because when companies sell and purchase products and services on the international market, they have numerous opportunities to make profit. The IE code is crucial to the global expansion and development of a business.

Getting an ICEGate export import Code has several benefits, which we will talk about below:

• Exposure To The World Market

The IE code is required for two-way commerce, allowing products to reach the global market. Obtaining an IE code makes it simpler for foreign Indian companies to enter the country, which facilitates their growth and expansion.

• Online Registration

Getting an IEC import export is easy and can be done entirely online. All you have to do is send in a few essential documents.

• Minimal Document Requirement

Getting an IEC needs less paperwork than other registrations, making the process easier and more accessible.

• Validity for Life

Once you get the IE code registration, it lasts as long as the business does. The registration does not need to be updated, filed, or renewed unless the company goes out of business or the registration is cancelled or surrendered. This gives stability to the business and it gets rid of the need to fill out papers over and over again.

• Restricting The Transport of Illegal Goods

To get an IE code, you have to give accurate details. You can't get an IE score without correct information. This criterion helps stop the transport of illegal goods, making the trade setting safer and more regulated.

• Addon Advantages

Importers and exporters can get a lot out of registering their ICEGate export import codes. Customs, the Export Promotion Council, and other officials can give grants to registered businesses. By filing a Letter of Undertaking (LUT) under GST, exporters can execute trade without paying taxes. If taxes are paid, exporters can get a return for the taxes they paid.

• Ease of Compliance

Unlike other tax registrations, importers and exporters don't have to do things like file a yearly return or report their income. This makes it easier for import and export companies to meet their legal obligations.

The Importer Exporter Code (IEC) is essential for any business in India that wants to trade internationally. Getting an IE code makes it easier to enter the foreign market, gives you many benefits, and ensures you follow all the laws and rules. Businesses can get an IE code through an easy-to-use online registration process that requires few documents. Since the registration is valid for lifetime, updating or refreshing it often is unnecessary. By getting an IE code, a business can open up growth and expansion possibilities on the global market and help make trade more secure and regulated.

IE Code Validity

• Registration for the IE Code is permanent and suitable for life.
• The IEC registration doesn't need to be updated, filed, or renewed.
• The registration is good as long as the business exists or until the registration is cancelled or given up.
• Unlike other tax registrations, there are no rules to follow, such as filing an annual or tax return.

Which Companies Can Apply For The Licence?

The following businesses can apply for a IEC

• Proprietorship Firm
• Partnership Firm
• Limited Liability Partnership
• Limited Company
• Trust
• Hindu Undivided Family (HUF)
• Society

Prerequisites

• After registration on the DGFT Portal, valid login information for the DGFT Portal.
• The company must have a valid Permanent Account Number (PAN) and information about the company, such as its name, date of inception, or incorporation, as per the PAN.
• Before registering, the business must have a bank account in its name and a valid address.
• The site for the Income Tax Department will be used to check this information.

Documents needed For Online Application for IEC Registration

• Proof of establishment/incorporation/registration

Partnerships, Registered Societies, Trusts, HUFs, and other types of businesses need to send the appropriate certificate of establishment/incorporation/registration.

• Address Verification

Some of the documents that can be used are the Sale Deed, the Rent Agreement, the Lease Deed, the Electricity Bill, the Landline Telephone Bill, the Mobile Post-paid Telephone Bill, the MoU, the Partnership Deed, and others.

If the address proof is not in the company's name, a No Objection Certificate (NOC) from the property owner must be provided as a single PDF document along with the address proof.

• A cancelled check or a bank certificate can show the company has a bank account.
• Active company's bank accounts to fill out the application with information and pay the application fee online.
• For submission, the user must have a valid Digital Signature Certificate (DSC) or Aadhaar of a company member.

How to Send in an IE Code Application?

• Visit the website and choose "IEC Profile Management" from the "Services" menu.
• Click "Apply for IEC," followed by "Register." Give the necessary information and check the OTP.
• Use the username and temporary password to log in to the DGFT website.
• Click "Apply for IEC," then choose "Start Fresh Application" or "Proceed with Existing Application."
• Fill out the application form and give general information, such as the nature of the business or company, PAN details, desired activities, GSTIN number, contact information, and proof of address.
• Enter the owner, partner, director, karta, managing agent, and bank account information.
• Fill in any other information you have about the export areas you prefer.
• Accept the terms and conditions, read the application summary, and sign the application using a digital signing certificate or Aadhaar.
• Pay the fee for your application.

A proof will be shown after a successful payment, and the user can download it.

Note: The CBDT database will check this information in real time.

In short, the Importer Exporter Code (IEC) is good forever and doesn't need to be updated or renewed often. Every business can get an IEC. They must submit the required papers and fill out the online application form on a reliable website to apply. The application is then sent online, and payment is made simultaneously. If you are looking to expand your business, an online application for IEC registration is all that you need to start with!