IEC Code Registration | Export Import License Queries
IEC Code Registration | Export Import License Queries
Understanding IEC registration is crucial if you’re planning to start or expand an import/export business in India. Whether you’re importing raw materials, exporting finished goods, or even offering services abroad, knowing what the Importer-Exporter Code (IEC) is and how to obtain it can save you time, money, and legal headaches.
IEC stands for Importer-Exporter Code, a unique 10-digit code issued by the Directorate General of Foreign Trade (DGFT) under the Ministry of Commerce and Industry. It acts as a key business identification number for anyone engaged in international trade from India. Without an IEC, no person or business can legally import or export goods or services except under certain exemptions, such as when goods are for personal use or imported/exported by government departments or notified charitable institutions.
This code is essential not just for established companies, but also for proprietorships, partnerships, LLPs, trusts, and individuals who want to enter the import-export ecosystem. It’s tied to your PAN and doesn’t require frequent renewals, making it a one-time but mandatory compliance for trade activities.
The IEC application process is fully digital and designed to be straightforward. You begin by visiting the DGFT’s official portal and filling out Form ANF-2A with basic business details, PAN, bank account information, and other required fields. You must then upload scanned copies of supporting documents and pay the applicable fee online. After submission, DGFT reviews your application and typically issues the IEC within a few days to a couple of weeks if all documents are in order.
Once approved, you can download your e-IEC certificate directly from the portal. The process has been simplified significantly in recent years, so many applicants receive their IEC in 2–7 business days, though timelines can vary depending on verification checks.
Yes, IEC is generally mandatory for all commercial import and export transactions in India. According to the DGFT’s Foreign Trade Policy, no person can undertake import or export activities without an IEC unless specifically exempted. This applies to goods and, in many cases, services when export benefits under trade policy are sought.
There are limited exceptions—for example, individuals shipping items overseas for personal use without any commercial intent do not need an IEC. Likewise, government departments conducting official transactions are exempt.
While requirements can vary slightly based on your business structure, the common documents you will need include your PAN card, a cancelled cheque or bank certificate in the business’s name, and proof of business address, such as a utility bill or rental agreement. Companies may also be asked for incorporation certificates or partnership deeds.
The idea is to verify your identity, business legitimacy, and bank account details so customs and financial institutions can legally clear goods and payments across borders. Accurate documents help avoid delays in processing your application.
The time taken to get your IEC can vary depending on how accurately you’ve filled out the form and uploaded the documents. In 2026, with DGFT’s digital enhancements, applicants often receive their IEC within 2–5 working days, and sometimes even within 24 hours if everything is in place. A more traditional timeline of up to 10–15 days has also been reported in standard processing.
Delays typically occur when additional clarification is needed or when documents require manual verification.
No, GST registration is not mandatory to obtain an IEC. You can apply solely with your PAN card and other required documents. That said, if your business turnover exceeds the GST threshold or you want to claim certain benefits, GST registration becomes essential under tax law, even if it’s not a precondition for the IEC itself.
In practice, many importers and exporters hold both GST and IEC registrations because GST often comes into play during customs clearance, tax credits, or invoicing.
One of the biggest advantages of IEC is that it does not expire. Once issued, the code is valid for the lifetime of your business unless you choose to surrender it or it is cancelled by the authority. You don’t have to file annual returns just to maintain the code.
This lifetime validity makes it a hassle-free compliance compared to licenses that require periodic renewal.
If you’re planning to enter the import-export business or need help navigating the IEC application process, Shugam Consultants can guide you step-by-step with documentation, filing, and strategic compliance so that your business gets up and running smoothly. Contact us for personalised support and expert assistance with IEC registration and other export-import-related compliance requirements.