Import Export Code (IEC): Your Gateway to International Trade

1. What is Import Export Code (IEC)?

The Import Export Code (IEC) is a unique 10-digit 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 engaged in importing or exporting goods and services from India.

IEC acts as a license for businesses to enter the global market and is essential for customs clearance, bank transactions related to foreign trade, and availing export incentives.

2. Who Needs IEC Registration?

IEC is mandatory for:

• Businesses or individuals importing goods into India

• Entities or persons exporting goods or services outside India

• Businesses applying for benefits or subsidies under DGFT or export promotion councils

Note: For service exports, IEC is required only when the service provider receives foreign currency and wants to avail of government benefits.

3. Key Benefits of IEC

✅ Global Market Access: Enables businesses to import/export legally and expand globally
✅ No Compliance Burden: Once issued, IEC has lifetime validity and doesn’t require any monthly or annual filings
✅ Eligibility for Incentives: Essential for availing benefits under schemes like MEIS, SEIS, RoDTEP, etc.
✅ Easy Processing: Entire registration process is online and paperless
✅ Single Code for All Branches: One IEC works for all import/export branches or divisions of a company

4. Documents Required for IEC Registration

You will need the following documents for online IEC application: