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Import Export Code

Import Export Code (IEC) is a10-digit number issued by the regional office of the Director General of Foreign Trade (DGFT), department of commerce, Government of India to any importer or exporter to commence business. IEC is required for all imports and exports in the country, other than the export or import of specifically mentioned technology or services. The ICE code obtained by an importer or exporter is valid for all his branches or factories across the country.

In general cases, an ICE is issued within 10 days from the submission of all required documents. If an ICE is lost, a duplicate copy can be obtained by submitting the required documents. IEC can also be obtained online.

IE Code Features

IE Code is Necessary

IE Code is a must for all imports and exports made to and from the country. It is required for customs clearance and transfer of money abroad from banks.

Exemption Technology

Though IE code is required for all imports and exports, certain specified technology and services are exempt from IE code.

Documents for Obtaining IE Code

You need a bank account and PAN card number to obtain an IE Code. All other documents can be generated at the time of documentation.

Loss of IE Code

In case the IE Code is lost under circumstance, you can reapply for one, provided all relevant documents are submitted. .

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