What is IEC Code?

IEC (Importer Exporter Code) is a 10-digit unique identification number issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce, Government of India.

It is mandatory for any business or individual involved in the import or export of goods and services from India.

Who Needs IEC?

IEC is required for:

• Businesses or individuals importing goods into India

• Businesses or individuals exporting goods or services from India

• Amazon Global sellers, exporters on Alibaba, etc.

• Service exporters (when payment is received in foreign currency)

Note: IEC is not required for personal use imports/exports that are not related to trade or manufacture.

Documents Required for IEC Registration:

How to Register for IEC Code (Online Process):

• Visit the DGFT portal: https://www.dgft.gov.in

• Create an account (if not already)

• Choose “Apply for IEC” from the services menu

• Fill out the application form with:

  • Entity type

  • PAN, mobile, and email verification

• Upload required documents

• Pay the government fee: ₹500

• Submit the form digitally (using OTP or DSC)

Note: IEC is issued instantly after successful submission.

Benefits of IEC Code Registration

1. Global Market Expansion

• Enables you to legally import/export goods and services

• Access to international markets, e-commerce platforms like Amazon Global, Etsy, eBay

2. No Renewal Required

• Lifetime validity — no need for renewal unless updated voluntarily

3. Business Growth Opportunities

• Helps in increasing revenue through foreign trade

• Recognition by government and financial institutions

4. Availing Export Incentives

• Access to government export promotion schemes like:

  • SEIS (Service Export from India Scheme)

  • RoDTEP (Remission of Duties and Taxes on Exported Products)

  • Duty Drawback Scheme

5. Bank Assistance

• Required for opening foreign currency bank accounts

• Helps secure export-import finance and trade loans

6. Customs Clearance

• Mandatory for custom clearance of shipments

• Required by banks to remit foreign currency payments