What is Import Export Code (IEC)?

What is Import Export Code (IEC)?

Definition

Import Export Code famously known as "IEC" or "IEC code" is a 10 digit number issued by Director General of Foreign Trade (DGFT). IEC is otherwise called import send out permit.

Significance

Each exporter or merchant of merchandise might have IEC code with them to be qualified for Import Export in India. To be an exporter or merchant of anything, each individual must secure this permit to fare or import anything outside India.

Legitimacy

IEC code is dispensed just once and it is substantial for lifetime. It resembles a PAN card, which is allocated once and the same is substantial for lifetime.

Consistence

There is no consistence endorsed for IEC and subsequently, no consistence cost.

Government Fees

The govt expenses for recording of IEC code is INR 500/ - . Further, you will likewise require the computerized mark to document the same. The cost of Digital Signature is INR 1,000/ -

IEC application shape

The IEC application frame is ANF 2A. This shape can be downloaded from the connection beneath. Be that as it may, the IEC procedure is completly on the web. Henceforth, it ought to be connected on the web.

Enlist for Import Export Code Online


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