An IEC Code is a 10-digit code Importer Exporter Code, issued by the Director Basic of International Commerce (DGFT), which is obligatory for each organisation who does or intends to do the enterprise of Import-Export.
It’s only relevant when items are imported or exported for enterprise functions and never when items are imported for private use.
Eligibility to use for IEC
Each importer and exporter has to mandatorily apply for the IEC code.
Yow will discover the Exemption guidelines right here.
How you can apply for IEC Code?
You possibly can apply for an IEC Code, by making use of to the DGFT, both on-line or offline. The IEC code is legitimate for all of the branches of a company. Just one IEC code is issued in opposition to one PAN quantity.
The IEC Code could be utilized by following these steps:-
Step 1: Enter the next tackle in your browser- http://dgft.gov.in/
Step 2: Click on on the ‘On-line Utility’ tab on the left facet of the display and from the drop down menu choose ‘IEC’.
Step 3: Then select ‘On-line IEC Utility’
Step 4: Enter your PAN quantity to login and click on Subsequent.
Step 5: Go to File and select ‘New IEC Utility particulars’
Step 6: Then a kind will seem. Fill all the main points and click on ‘Add Paperwork’
Step 7: Add the related paperwork. Listed below are the paperwork that you will want:
- PANC to add PAN Copy
- FOTO to add {Photograph} of Applicant
- BKYC to add Financial institution Certificates Copy
- MOAS to add the Memorandum of affiliation
- EBRA to add Extract of Board Decision
- FM32 to add Kind 32 in case of change of Administrators
- FM18 to add Kind 18 in case of change of Registered office-wherever relevant.
- AOTH to add some other related doc , if required.
- ANFP will stay disabled at all times.
- NRID to add the RBI approval letter . (Relevant in case of NRI)
PAN Card , {Photograph} and Financial institution Certificates is obligatory for all of the candidates.
Step 8: After importing the paperwork and filling the shape, click on on ‘Department’ so as to add any department particulars
Step 9: Then click on on ‘Director’ so as to add the main points of the administrators in case of firm
Step 10: Then click on ‘EFT’ to make on-line cost
Step 11: Fill the quantity particulars, which is Rs. 250 and select your financial institution.
Step 12: Then a draft bill will seem. Examine the main points and click on on ‘Pay now’.
Step 13: Make the cost through the use of your web banking particulars
As soon as the appliance is full in all respect, you may take the printout of IEC utility by urgent PRINT button.
IEC On-line Utility Standing Question
After submitting IEC Utility efficiently you may see the present standing of IEC utility at regional workplace utilizing Question possibility and by choosing ecomRef Quantity/File Quantity. You possibly can view the Utility and attachment particulars utilizing the Print Utility and Attachment Particulars tab. It should present the On-line standing of IEC utility.
Offline Utility process for utility of IEC Code
If you wish to go for bodily varieties then you may comply with the steps given under,
Step 1: An utility ought to be made by filling the shape ANF 2A. Yow will discover the shape right here.
Step 2: Obtain the shape and fill all the main points within the half A, B and D.
Step 3: Signal on each web page of the shape.
Step 4: Connect a self attested copy of your PAN quantity, Checking account, and a pair of pictures
Step 5: Connect a requirement draft of Rs. 250 payable to the DGFT Regional Workplace.
Step 6: Connect a self addressed envelope with Rs. 30 inside.
Step 7: Publish the crammed out kind, the envelope, and all of the paperwork to the regional workplace of DGFT.
After making a profitable utility, you’ll obtain your IEC allotment letter within the self-addressed envelope that you simply had connected.