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Import Export Registration

Documents Requirements

IEC code registration requires the following documents:

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Individual or company copy of PAN card.

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Voter id or Aadhar card or passport copy

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Individuals or companies cancel check copies of existing bank accounts

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Rent agreement or electricity bill copy of premise

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A self-addressed IEC certificate envelope through registered post

    Process of Import Export Registration with Fair CFO

    Step - 1

    Application form

    First, prepare an application form in the specified format – Aayaat Niryaat Form ANF-2A format and file it with DGFT’s local, regional office.
    Step - 2

    Documents

    Secondly, you must prepare the appropriate paperwork for your identity & legal entity and address proof with your bank data & ANF2A certificate.
    Step - 3

    Application filing

    Once your application is done, you must file with DGFT via DSC (Digital Signature Certificate) and pay the IEC Registration charge.
    Step - 4

    IEC Code

    Finally, once your application is authorised, you’d obtain the IEC Code in a government soft copy.

    About Import Export Registration

    An Importer Export Code is a unique 10-digit code required for every Indian import/export business owner. The code is issued by the Director-General of Foreign Trade (DGFT), Ministry of Commerce, without filing or renewal. Importers are required to clear customs and shipments and transfer money to foreign banks. Exporters require IEC to transmit and receive money from international banks. Briefly, no importer/exporter can operate in India without IEC.

      Benefits of ICE

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      Overseas Trading

      Import Export Code allows you to expand your business across foreign countries. Importer Exporter Code is the basic and most crucial thing you’d need while trading overseas. IEC offers your way to foreign lands expansion and growth.

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      Legalize business abroad

      The code allows you to export your goods and services to any other country and import the essentials of your business to your own country. It makes trading across borders easy and lawful.

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      Online Service

      Now, obtaining an IEC could be useful for sitting at home. If you offer accurate documentation, you could have them at home. There will be no need to hurry to the government office.

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      Facilitates electronic transfer (EFT)

      EFT (Electronic Fund Transfer) is a new service offered to exporters that allows exporters to submit their licence fees via the Internet, rather than visiting a bank to pay. This is proposed to make electronic payments more convenient. Only applications filed electronically are accepted.

      FAQs

      All importers must mention their IE code when their goods arrive in India. All exporters must give their IE Code while exporting from India. Additionally, RBI now asks people importing or exporting services to mention IE Code in bank account overseas transfers. Therefore, IE Code is essential for everybody involved in India’s import or export.

      You need to connect to the DGFT website, and from there you can quickly download the IEC allotted copy. Furthermore, if the DGFT website does not work properly, you must visit the GST department.

      Anyone proposing to import or export products and services from or to India must obtain IE Code.

      A copy of the PAN Card, evidence of business address and business [Partnership deed, Incorporation Certificate, etc.] and a letter from the lender are necessary to obtain IE Code registration.

      IE Code Registration can be received from the DGFT within 10-15 working days of all relevant documents and applications.