Import Export Code Registration - Proudfiler Compliance LLP

The Import Export Code (IEC) is a prerequisite for any business engaging in international trade of commodities or provision of services. Due to the fact that only one IE Code can be issued per PAN number by the Director General of Foreign Trade, this registration system is strictly pan-based.

A valid PAN, GSTIN, and bank current account are required for an IE Code application. After an application and supporting documentation have been filed to the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industries, the applicant will be issued an IE Code.

Once you register an IE Code, it is yours for life. Because of this, maintaining an active IE Code registration is not necessary. This registration is a one-time thing that won’t need to be renewed or examined.

Entities Exempted From Registration of IE Code:

1. No IE Code is needed for Central Government or agency imports or exports. Those on the Foreign Trade (Exemption from the implementation of Rules in certain instances) Order, 1993 exempt list are also not required to register with the IE Code.

2. Personal imports and exports are exempt from the IE Code.

Documents Required for IE Code Registration

The following documents are required for applying for IEC registration:

1. Photo of the promoter/ (s)
2. PAN Card of the Promoter or (s)
3. Any government-issued document with a photo of the promoter (Passport, Voter’s ID, Driving License, Aadhaar Card)
4. A sale deed if the business building is owned, along with any utility bills.
5. Rental/Lease Agreement if the property is rented, along with a NOC from the owner of the property.
6. A recent bank statement of the entity.

Import Export Code Issuance:

The IEC can be printed off for your records after you submit your online application, fees, and supporting materials. A combination of letters and numbers, IEC consists of ten characters.

Despite the fact that the IE Code is generated automatically, the Regional Authority would conduct post-verification of the online IEC in accordance with the guidelines, and if any incorrect or incomplete information was provided, the applicant would be subject to penal or criminal action, and the IEC would be suspended or cancelled.

RCMC Registration:

A Registration Cum Membership Certificate (RCMC) is given by the Federation of Indian Export Organizations (FIEO) and one of the various Export Promotion Councils (EPC) or Commodity Boards. These are mostly agencies and organizations that work to promote and develop export businesses and are authorized to do so by the Government of India. It is a membership certificate that is good for five years and shows that the person holding the certificate is registered with FIEO or Commodity Board. When applying for an RCMC, the applicant has to say what their main business is, and having an RCMC gives an exporter all the benefits and advantages of the parent organization.

OUR CHARGES FOR IMPORT EXPORT CODE (IEC) REGISTRATION

Basic Plan

Import Export Code (IEC) Registration

Standard Plan

Everything From the Basic Plan +

Udyog Aadhaar (MSME) Registration

Premium Plan

Everything From the Premium Plan +

GST Registration
RCMC Registration

PROUDFILER is the market leader in India when it comes to services for registering an Import Export Code. Before we start working on the project, we get all the information and paperwork we need. An engagement manager would be given, who would be the person to talk to until the job was done. The average amount of time needed to register with the IEC is one working day. This depends on how long it takes the government to process the documents and how quickly the client sends them in.

For more information, feel free to contact us at EMAIL: info@proudfiler.com or call us at +91-7275103913.