April 23, 2013

CA CS ICWA KNOWLEDGE HUB - Importer Exporter Code Number (IEC CODE)

                                   CA CS ICWA KNOWLEDGE HUB
                                                                                Definition of IEC Code
      IEC Code is unique 10 digit code issued by DGFT – Director General of Foreign Trade , Ministry of Commerce, Government of India.
                                                                                     Full form of IEC Code
        Full From of IEC Code is : “Importer Exporter Code ”. To import or export in India, IEC Code is mandatory. No person or entity shall make any Import or Export without IEC Code Number.
                                                                                     Where to get an IEC from? 

        IEC can be obtained from any of the Zonal and Regional offices of Director General of Foreign Trade depending on area/region where the individual/company is located

                                                                                     Legal Provisions

         As per Foreign Trade (Development and Regulation) Act 1992 Importer-Exporter Code Number

        No person shall make any import or export except under an Importer-exporter Code Number granted by the Director General or the officer authorized by the Director General in this behalf, in accordance with the procedure specified in this behalf by the Director General.

                                                                                     Need/Use of IEC 

        IEC forms the primary document for recognition by Government of India as an Exporter/Importer. On the basis of IEC, companies can obtain various benefits on their exports/imports from DGFT, Customs, Export Promotion Council etc.
                                 CLICK HERE TO DOWNLOAD  IEC APPLICATION FORM ANF 2A
                                           CLICK HERE TO APPLY IEC APPLICATION ONLINE 
                                                             CLICK HERE TO  VIEW YOUR IEC                                                                                                                                                                       

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