Home Services M-Registration Import Export Code (IEC)

Import Export Code (IEC)

IEC — mandatory 10-digit code for all import and export transactions in India. Lifetime validity. DGFT registration within 1–3 working days.

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Overview

An Import Export Code (IEC) is a unique 10-digit identification number issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry. IEC is the master identification number for any business or individual intending to import goods into or export goods from India. Without a valid IEC, no import/export transaction can be processed — customs will not clear the shipment, and banks will not process foreign currency remittances.

IEC has lifetime validity — once issued, it does not expire and does not require periodic renewal, making it a one-time cost. However, annual updates on the DGFT portal (between April and June each year) are mandatory to keep the IEC active. MFiling files IEC applications on the DGFT portal within 1–3 working days with complete documentation.

Government fee: Rs.500 (one-time). Processing time: 1–3 working days. MFiling professional charges: from Rs.2,899 inclusive of document preparation, portal filing, and certificate download.

Key Benefits

Gateway to All Import / Export Transactions
Mandatory for customs clearance — without IEC, no shipment can be processed.
Lifetime Validity — No Renewal
One-time registration; only annual portal update required (free, April–June).
Required for Foreign Remittances
Banks process foreign inward remittances for service exports only with IEC.
DGFT Export Incentive Schemes
Enables RoDTEP, EPCG, Advance Authorisation, and SEIS scheme benefits.
GST Refunds on Exports
Gateway to GST refunds on exported goods and LUT filing for zero-rated exports.
FEMA Compliance
All cross-border transactions must reference the IEC for FEMA compliance.

Documents Required

PAN Card of Business Entity / Individual
Current Bank Account — Cancelled Cheque or Bank Certificate
Certificate of Incorporation / LLP Agreement / Partnership Deed
Aadhaar Card of Authorised Signatory (for OTP verification)
Business Address Proof — Utility Bill, Rent Agreement, or GST Registration
Passport-Size Photograph of Authorised Signatory
Board Resolution Authorising IEC Application (for companies)
Digital Signature Certificate (DSC) — Class 3 of Authorised Signatory

How it Works

Log in to DGFT Portal (Day 1)

Access dgft.gov.in using PAN credentials.

Navigate to IEC Profile Management (Day 1)

Go to Services → IEC Profile Management.

Click Apply for IEC (Day 1)

Verify identity via OTP on registered mobile number.

Fill IEC Application Form (Day 1)

Enter entity details, address, and bank account information.

Upload Documents (Day 1)

PAN, incorporation certificate, and bank account details.

Pay Rs.500 Government Fee (Day 1)

Online payment via net banking, credit card, or UPI.

Submit Application (Day 1)

DGFT processes within 1–2 working days online.

Download IEC Certificate (1–3 days)

Download the IEC Certificate from the DGFT portal after approval.

Frequently Asked Questions

Can an IEC be obtained in an individual's name for export business?
Yes. Individuals can obtain IEC in their personal name using their PAN. This is common for freelancers, consultants, and small exporters. For business entities (companies, LLPs, firms), the IEC must be in the entity's name using the entity's PAN.
Is IEC required for service exports?
Yes. Service exporters (IT companies, consultants, designers, engineers receiving foreign payments) must have an IEC to receive foreign remittances, claim SEIS benefits, and comply with FEMA. The IEC enables the bank to process foreign inward remittances without complications.
Can a person have more than one IEC?
No. DGFT permits only one IEC per PAN. Multiple import/export businesses operated under the same PAN use the same IEC. Each distinct legal entity with its own PAN requires its own IEC.
Service Price
₹2,899
Starting price · GST extra
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Gateway to All Import / Export Transactions
Mandatory for customs clearance — without IEC, no shipment can be processed.
Lifetime Validity — No Renewal
One-time registration; only annual portal update required (free, April–June).
Required for Foreign Remittances
Banks process foreign inward remittances for service exports only with IEC.
DGFT Export Incentive Schemes
Enables RoDTEP, EPCG, Advance Authorisation, and SEIS scheme benefits.
GST Refunds on Exports
Gateway to GST refunds on exported goods and LUT filing for zero-rated exports.
FEMA Compliance
All cross-border transactions must reference the IEC for FEMA compliance.

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