Quick Guide to Apply for Import Export Code

Are you planning to start an import-export business in India? Then the first thing you need is an Import Export Code (IEC). Without it, you cannot legally import goods into India or export items outside the country.

This guide will explain everything you need to know about IEC in simple words. You’ll learn what IEC Registration is, why it is important, who needs it, and how to apply for it easily online.

What is an Import Export Code (IEC)?

IEC stands for Import Export Code. It is a 10-digit number given by the Directorate General of Foreign Trade (DGFT) under the Ministry of Commerce and Industry, Government of India.

This code is required by any business or individual who wants to:

Import goods into India
Export goods from India
Receive foreign payments
Send goods or services abroad

The IEC is like a passport for your business in the international trade world. Without it, you cannot clear shipments at customs or receive money from foreign buyers.

Who Needs an Import Export Code?

The IEC is needed by:

Manufacturers who export their goods
Traders who buy and sell goods internationally
Service providers offering services across borders (in some cases)
E-commerce sellers selling abroad (like on Amazon Global or Etsy)
Individuals who occasionally import/export goods

Even if you don’t have a registered business name, you can apply for an IEC using your own name and PAN card.

When is IEC Not Required?

You don’t need an IEC in the following cases:

If you are importing/exporting goods for personal use, not for business.
For government departments and charitable institutions.
If the transaction is done through Customs using PAN, and the IEC exemption applies.

Benefits of Having an IEC

Here are the major benefits of having an IEC:

Easy to Get: The process is simple, completely online, and usually takes only 1-2 working days.
Legal Requirement: You cannot do import/export legally without an IEC.
No Renewal Needed: Once you get it, it is valid for a lifetime.
Business Growth: It helps you expand your business globally and build trust with international clients.
Availing Benefits: You can get government schemes and benefits related to export/import like MEIS, SEIS, etc.

Step-by-Step Guide to Apply for IEC Online

Let’s look at the quick and simple steps to apply for IEC through the DGFT portal:

Visit the IEC Portal – Open the official IEC registration website on your browser.
Fill in the Application Form – Enter your business name, type, PAN number, and other required details carefully.
Submit the Application – Review all the details to ensure accuracy before submitting the form.
Pay the Registration Fee – Make the payment online using net banking, credit/debit card, or UPI.
OTP Verification – Enter the OTP sent to your registered mobile number or email for authentication.
Processing & Approval – The concerned authority will verify your details and process the application.
Receive Your IEC Code – Once approved, the IEC code will be sent to your registered email within 1-2 business days.

Things to Remember While Applying

Double-check your PAN, address, and bank details.
Ensure all documents are scanned.
Use the latest version of your browser for the DGFT portal.
Keep your phone and email ready for OTPs during registration.

Renewal and Validity of IEC

Earlier, IEC was valid for life. But as per new rules, businesses must:

Update IEC once every year, even if no changes have occurred
If you fail to update, your IEC may be deactivated

You can update your IEC by simply logging in to the DGFT portal and confirming details under “IEC Profile”.

Common Mistakes to Avoid

Giving incorrect PAN or bank details
Not uploading clear documents
Ignoring yearly IEC update
Using someone else’s IEC for your own business

Export-Import Compliance After Getting IEC

Getting IEC is just the first step. Once you start trading, you must also follow:

GST compliance if applicable
Customs duty and documents for each shipment
Shipping bills and invoices
Filing Foreign Inward Remittance Certificates (FIRC) with banks
Following export-import rules laid out by RBI and DGFT

Conclusion

Getting an Import Export Code is easy and essential if you want to start doing business globally. With everything going digital, the entire process can be completed from your home or office in just a few hours.

IEC opens the door for international trade, gives your business new opportunities, and allows you to grow beyond national borders.

So, if you're ready to take your business global, follow the steps in this guide and apply for your IEC today.