An IEC Code is a 10-digit code Importer Exporter Code, given by the Director-General of Foreign Trade (DGFT), which is compulsory for each association who does or means to do the matter of Import-Export.
It is just pertinent when merchandise is imported or traded for business purposes and not when products are imported for individual use.
Qualification to apply for IEC.
Every merchant and exporter needs to obligatorily apply for the IEC code.
You can observe the Exemption rules here.
How to apply for IEC Code?
The IEC code is legitimate for every one of the parts of an association. Just a single IEC code is given against one PAN number.
The IEC code can be applied by following these means:-
Stage 1: Enter the accompanying location in your program http://dgft.gov.in/
Stage 2: Click on the ‘Online Application’ tab on the left half of the screen and starting from the drop menu select ‘IEC’.
Stage 3: Then pick ‘Online IEC Application’Step 4: Enter your PAN number to log in and click Next.
Stage 5: Go to File and pick ‘New IEC Application subtleties’
Stage 6: Then a structure will show up. Fill every one of the subtleties and snap ‘Transfer Documents’
Stage 7: Upload the pertinent reports. Here are the archives that you will require:
PANC to transfer PAN Copy
FOTO to transfer Photograph of Applicant
BC to transfer Bank Certificate Copy
MOAS to transfer the Memorandum of affiliation
EBRA to transfer Extract of Board Resolution
FM32 to transfer Form 32 if there should arise an occurrence of the progress of Directors
FM18 to transfer Form 18 in the event of the progress of Registered office-any place appropriate.
AOTH to transfer some other important archive, whenever required.
ANFP will stay debilitated consistently.
NRID to transfer the RBI endorsement letter. (Pertinent in the event of NRI)
Skillet Card, Photograph, and Bank Certificate are required for every one of the candidates.
Stage 8: After transferring the archives and filling the structure, click on ‘Branch’ to add any branch subtleties
Stage 9: Then snap-on ‘Chief’ to add the subtleties of the chiefs in the event of the organization
Stage 10: Then snap ‘EFT’ to make an online installment
Stage 11: Fill the sum subtleties, which is Rs. 250, and pick your bank.
Stage 12: Then a draft receipt will show up. Really look at the subtleties and snap-on ‘Pay now.
Stage 13: Make the installment by utilizing your web banking subtleties
When the application is finished in everything regard, you can take the printout of the IEC application by squeezing the PRINT button.
Recommended read: IEC Registration
IEC Online Application Status Query
Subsequent to submitting IEC Application effectively you can see the current status of the IEC application at the local office utilizing Query choice and by choosing ecomRef Number/File Number.
You can see the Application and connection subtleties utilizing the Print Application and Attachment Details tab.
Disconnected Application methodology for use of IEC Code
To select actual structures then you can follow the means given underneath,
Stage 1: An application ought to be made by filling the structure ANF 2A. You can track down the structure here.
Stage 2: Download the structure and fill every one of the subtleties in sections A, B, and D.
Stage 3: Sign on each page of the structure.
Stage 4: Attach a self authenticated duplicate of your PAN number, Bank record, and 2 photos
Stage 5: Attach an interesting draft of Rs. 250 payable to the DGFT Regional Office.
Stage 6: Attach a self tended to envelop with Rs. 30 inside.
Stage 7: Post the finished up structure, the envelope, and every one of the reports to the local office of DGFT.
In the wake of making an effective application, you will accept your IEC allocation letter in oneself tended to envelop that you had connected.