Import Export Code (IEC) Registration in India

Understanding the Importer Exporter Code (IEC)

The Importer Exporter Code (IEC) is known by various names, such as import export code, import export license, import export number, IE code, and IEC license. Simply put, IEC is a 10- digit code issued by the Directorate General of Foreign Trade (DGFT) that is required for import and export transactions. You can obtain an IE code in your personal name or your company's name. Once issued, an IEC number is valid for all the applicant's divisions, units, factories, and branches. It has a lifetime validity and does not require renewal.

IEC registration is essential for anyone looking to export or import goods. It is a mandatory 10- digit code issued by the DGFT for all businesses involved in the import and export of goods. Without this code, importers cannot proceed with customs clearance, and exporters cannot access benefits from the DGFT, customs, or Export Promotion Councils.

Importers must quote the IE Code when clearing customs, and banks require the importers' IE Code when sending money abroad. Similarly, exporters must quote the IE Code when sending shipments, and banks require the exporters' IE Code when receiving money from abroad.