IMPORTER EXPORTER CODE
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What is IEC?
IMPORTER EXPORTER CODE ( in short IEC ) is a ten digit number granted by Directorate General of Foreign Trade under Ministry of Commerce and Industry, to any bonafide person/company for carrying out import/export.
Where to get an IEC from?
IEC can be obtained from any of the Zonal and Regional offices of Director General of Foreign Trade depending on area/region where the individual/company is located.
As per Foreign Trade (Development and Regulation) Act 1992
Importer-Exporter Code Number
No person shall make any import or export except under an Importer-exporter Code Number granted by the Director General or the officer authorized by the Director General in this behalf,in accordance with the procedure specified in this behalf by the Director General.
Need/Use of IEC
IEC forms the primary document for recognition by Government of India as an Exporter/Importer. On the basis of IEC, companies can obtain various benefits on their exports/imports from DGFT, Customs, Export Promotion Council etc.
v. Application procedure
An application has to be submitted online at dgft web site http://dgft.gov.in duly filled in along with documents as per the Para 2.9 of Handbook of Procedures of Vol I 2009-14 and fees.
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