An Import Export Code (IEC) is a key business identification number which is mandatory for Exports or Imports. No person or entity shall make any Import or Export without obtaining an IEC.
The process for registering an Import Export Code (IEC) in India involves several steps:
Registering an Import Export Code (IEC) provides several benefits:
An Import Export Code (IEC) is a key business identification number which is mandatory for Exports or Imports. No person or entity shall make any Import or Export without obtaining an IEC.
Registering for an IEC provides legal protection against unauthorized use, helps establish your business in the global market, and can be a valuable asset for your business.
The process involves filling out the application form (Form ANF 2A) online on the DGFT website, submitting the required documents, paying the application fee, and waiting for the DGFT to process the application.
The cost varies depending on the type of application and the number of claims. It's best to check the current fee structure on the DGFT website.
IEC is issued for a lifetime and requires no renewal.
While it's not mandatory to have an attorney, it can be beneficial to ensure your application is correctly filed and to handle any legal issues that may arise during the process.
IEC is specific to India, but it enables businesses to engage in international trade.
If an opposition is filed, you will need to respond to the opposition notice. The DGFT will review both sides' arguments before making a decision.