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Import Export Code (IEC) India: What You Should Know

The document discusses Import Export Code (IEC), which is a 10-digit code issued by the Director General of Foreign Trade in India that allows companies and individuals to engage in international trade. It outlines who is eligible to obtain an IEC, the application process, and required supporting documents like company details, promoter information, bank documents, and fees. It also advertises eLagaan's services for obtaining an IEC online in a streamlined process.

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Duma Dumai
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58 views

Import Export Code (IEC) India: What You Should Know

The document discusses Import Export Code (IEC), which is a 10-digit code issued by the Director General of Foreign Trade in India that allows companies and individuals to engage in international trade. It outlines who is eligible to obtain an IEC, the application process, and required supporting documents like company details, promoter information, bank documents, and fees. It also advertises eLagaan's services for obtaining an IEC online in a streamlined process.

Uploaded by

Duma Dumai
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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Import Export Code (IEC)

INDIA

What you should Know

www.eLagaan.com
Import Export Code (IEC) – What, Who, How
 What is IEC?
 IEC Code is unique 10 digit code issued by DGFT – Director General of
Foreign Trade , Ministry of Commerce, Government of India to Indian
Companies and Individuals to enable them carry International Trade.

 Who can get IEC?


 An INDIVIDUAL or a company who wants to do international business can
get an IEC. Individuals can use either the name of their proprietorship firm or
their name directly to apply for IEC

 How to get IEC?


 An application for grant of IEC has to be made alongwith supporting
documents. The application should be made by Registered office only (in
case a company has multiple branches) to the DGFT office under whose
jurisdiction the registered office of the applicant comes. IEC is applicable to
across the company &there is no need of separate registration branchwise.

eLagaan can help you get your IEC code, check out our 
IEC service for details
Documents Needed for IEC
 Application form in specified format (Form ANF 2A) to be filled.
 Details of the company
 Name of the Company
 Address of registered office of the company
 Address(es) of all the branch offices/ divisions/ factories/units of the company
 Telephone number
 Email address of the company
 Details about promoters
 Name of all the Directors/Partners/Karta/ Trustee/ Proprietor (as the case may be
for the applicant company. e.g. For Pvt. Ltd. Co. its Directors, for LLPs its partners
etc.)
 Fathers name of each promoter
 Residential Address of each promoter
 Contact Phone number of each promoter
 Type of Exporter
 Merchant/ Manufacturer/ Service Provider/ Combination of any of these
Documents Needed for IEC
 Bank account details of the company
 Name of the bank
 Address of the bank
 Type of account held (current account/ savings account etc.)
 Account number
 Year of opening account
 PAN Details
 PAN Number
 Issuing Authority (Income Tax Department)

 A certificate from your banker in specified format. The certificate should


also attest the photograph of 1 of the promoter.

 2 Passport size photograph of 1 of the promoters


Documents Needed for IEC
 A demand draft in favour of concerned officer under whose jurisdiction
the registered office of the applicant company comes (e.g. Joint DGFT
or DGFT depending on the office to office)

 Self attested copy of the PAN card

 A covering letter on letter head of the company requesting the


concerned officer to grant IE Code

 In case of Private Limited Companies, following additional documents


are required:
 Board Resolution for obtaining IEC
 Memorandum of Association & Articles of Association
 Copy of last Form 32 filed with RoC, if there has been any change of
Directors from what is mentioned in MoA and AoA

 All the documents should be submitted in Duplicate set (2 copy)


Documents Needed for IEC
 Self addressed envelope (size 40 x 15 cm) with postal stamp affixed on
it for despatch of IEC via speed post by the Department. Postal stamp
value:
 For local area - Rs.20/-
 Upto 200Kms - Rs.25/-
 200 to 1000 Kms - Rs.30/-
 More than 1000Kms - Rs.50/-

 All the documents alongwith self addressed envelope should be put in a


file and then submitted either in person at the concerned office or be
sent via post to the concerned office.

PLEASE NOTE THAT IEC APPLICATION REQUIRES STRICT


DOCUMENTATION AND ANY LAPSES IN THE SAME MAKES IT
LIABLE FOR REJECTION.

Got more questions on Import Export Code? Check out our FAQs on IEC.
eLagaan’s Export Code Services
 eLagaan Offers services to get your export code

 Visit http://elagaan.com/business/import-export-code-iec today to get


your IEC in few clicks

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