To expand product/service in the International Market, one needs to obtain an IEC. But what is IEC? An alpha numeric number which is same as a PAN number, is issued by the Directorate General of Foreign Trade under the Ministry of Commerce and Industry to carry out import/export in India is known as Import Export Code (IEC). IEC code for individuals is mandatory for those who want to import/export goods or services in India to obtain an IEC. Without IEC importers face restrictions for import of products and exporters cannot avail tax exemption benefit or any other benefit from DGFT for their export. So, to kick-start your business in import/export sector in Indian Territory you require an IEC.
[To get complete details on how to start an Import Export business, refer our blog How to start Import Export Business in India]
Exempted Categories from IEC
There are few categories of importers and exporters which are exempted from obtaining an IEC:
- Ministries and Department of Central or State government and certain notified charitable organizations.
- Import/Export of goods for personal use.
Benefits of having an IEC
There are various benefits you can avail if you get yourself registered under DGFT:
- Explore and keep your foot forward in international markets.
- IEC for individuals has lifetime validity and thus, no need to renew it annually.
- A company can obtain certain benefits and incentives from DGFT and also from Customs and Export promotion council.
- With the help of IEC, records of all the import and export transactions can be kept, reducing illegal goods transportation.
IEC code for individuals?
Now the question arises, whether an Individual can apply for IEC or not? So, any person who has a PAN card and wants to start the import/export business can apply IEC code for individuals. It is not necessary to own a company or have a registered company name to obtain IEC from DGFT.
Mandatory requirements
To justify your identity, there are some documents to be attached along with the IEC application:
- Scanned copy of valid Permanent Account Number (PAN), consisting of both side of PAN.
- A scanned photograph of the applicant.
- Scanned copy of Bank Certificate in the prescribed format.
- Current Bank Account details.
- The exporter must have a Net banking account with one of the following designated banks
- HDFC BANK
- ICICI BANK
- BANK OF INDIA
- STATE BANK OF INDIA
- CENTRAL BANK OF INDIA
- PUNJAB NATIONAL BANK
- IDBI
- UTI/AXIS BANK
- UNION BANK OF INDIA
[To get complete list of documents required for the registration of the IEC code, refer our blog Documents required for IEC Code in India]
Procedure to apply for IEC Number
One can submit an online application to DGFT for the grant of IEC Number. It is a simple procedure consisting of the following steps:
- The application needs to be made in the Aayaat Niryaat Form 2A format to DGFT. You can submit an online application at DGFT website - http://dgft.gov.in.
- For submitting an online application to DGFT, you need to upload a scanned copy of all the necessary documents, i.e., PAN card, bank account details, photographs. To upload documents online, you need to keep in mind the following things
- Photograph, PAN Card and Passport should be submitted in gif format.
- Bank Certificate should be submitted in PDF format.
- Canceled Cheque, Voter ID in either Gif/PDF format.
- While applying online, you need to make an electronic payment for the fee through net banking of any designated bank account.
- Before submitting an application, make sure that:
- All the details are correct and matched with documents.
- The requisite fee is paid
- DGFT region is appropriately selected.
Once the documents submitted are verified by government authorities, DGFT will allocate you an eIEC number. You can start doing your business with the soft copy you have received on your email. No hard copy of IEC is issued by DGFT.
[To get complete process for the registration of an IEC number, refer our blog How to Apply for IEC Code Online – Step by Step Guide]
Conclusion
Always keep in mind that only one IEC can be granted against one PAN card. If there is more than one IEC issued against one PAN Card, it will be considered void and applicant must surrender it for cancellation.
Too worked up while setting up your import/export business? Let us be of some help! We can help you get your passport for import/export business, i.e., IEC number. You just need to send your documents over mail, and we will take care of the rest. If you want to obtain IEC number, just give us your documents and then stop worrying about anything. We will fill your application and submit it on your behalf and keep you updated about all the government proceedings. With us, get your IEC number within a few days and without any hassle.
If you want to apply an IEC code for an individual, Please fill below form to get in touch with us.
Website ini memang pilihan terbaik untuk membaca artikel berkualitas. Terima kasih telah berbagi, IDProperti.com | Pasang Iklan Properti Gratis
Salam kenal admin, pasti akan sering berkunjung ke website Anda juga. IDProperti.com | Pasang Iklan Properti Gratis
Hi there mates, its impressive piece of writing concerning teachingand completely explained, keep it up
all the time.
What’s up, after reading this amazing article i am too
happy to share my know-how here with friends.
Heey I know this is off topic but I was wondering if you knew oof any widgets I
could add to my blog that automatically tweet mmy newest twitter updates.
I’ve been looking for a plug-in like this for quite some time and was hoping maybe you would have some experience with
something like this. Please let me know if you run into anything.
I truly enjoy reading yoour blog and I look forward to your new updates.
My web page; fashion reincarnation
Your articles are a delight to read Keep up the great work! Pasang Iklan Properti Gratis
Impressive article! Your knowledge on the subject is evident. Best, Pasang Iklan Properti Gratis
I’m genuinely impressed by the quality of this article. The depth of your research and the clarity with which you present your findings are remarkable. Your ability to make complex topics understandable and engaging is truly commendable. Thank you for this excellent read. Regards, Pasang Iklan Properti Gratis
Artikel ini adalah contoh penulisan yang sangat baik dengan analisis yang mendalam. Setiap bagian dijelaskan dengan sangat jelas dan terperinci. Bacaan ini sangat bermanfaat dan membuka wawasan baru bagi saya. Terima kasih atas kontribusi yang luar biasa ini. Salam hangat, Pasang Iklan Properti Gratis
Always impressed by the depth of your articles Pasang Iklan Properti Gratis
Tetap semangat dalam berkarya, informasinya sangat bermanfaat. Dari : IDProperti.com | Pasang Iklan Properti Gratis
Bacaan ini menunjukkan dedikasi dan keahlian Anda dalam penulisan. Anda menyajikan informasi dengan cara yang sangat detail dan mudah dipahami. Setiap paragraf memberikan wawasan baru yang sangat bermanfaat. Terima kasih atas artikel yang sangat berkualitas ini. Salam sukses, Pasang Iklan Properti Gratis
Your articles never disappoint Thank you for sharing your knowledge! IDProperticom
I’m truly impressed by this article. Your expertise and writing skills are evident in every paragraph. The way you’ve broken down complex topics and presented them clearly is fantastic. This is an exceptional piece of work that I thoroughly enjoyed reading. Best wishes, Pasang Iklan Properti Gratis
Always eagerly awaiting your next post Regards from IDProperticom
I’m thoroughly impressed by this article. The clarity and depth of your writing are outstanding, and your insights are both valuable and thought-provoking. This piece is a testament to your expertise and dedication. Thank you for sharing such an excellent article. Cheers, Pasang Iklan Properti Gratis
Sambil menikmati kopi, artikel ini sungguh menyegarkan pikiran. Terima kasih atas berbaginya. Salam dari IDProperti.com | Pasang Iklan Properti Gratis
It’s actually a cool and helpful piece of information. I’m glad that you just shared this helpful
information with us. Please stay us informed like this.
Thanks for sharing.
Your content is always exceptional. This article was particularly enlightening. Cheers, Pasang Iklan Properti Gratis
Hello, I think your website might be having
browser compatibility issues. When I look at your blog site in Ie,
it looks fine but when opening in Internet Explorer, it has some
overlapping. I just wanted to give you a quick heads
up! Other then that, amazing blog!
Your blog is a gem in the digital world Thanks for sharing! Pasang Iklan Properti Gratis
Artikel ini adalah contoh luar biasa dari penulisan yang bermanfaat dan menarik. Anda berhasil menjelaskan topik yang kompleks dengan cara yang sangat jelas dan terperinci. Terima kasih banyak atas karya yang sangat berkualitas ini. Salam hangat, Pasang Iklan Properti Gratis
Such a great find Regards from Pasang Iklan Properti Gratis
Saya sangat menghargai kedalaman dan kejelasan artikel ini. Anda telah melakukan pekerjaan yang fantastis dalam menyajikan informasi yang kompleks dengan cara yang mudah dipahami dan menarik. Ini adalah bacaan yang sangat bermanfaat. Terima kasih atas tulisan yang sangat berkualitas ini. Salam sukses, Pasang Iklan Properti Gratis
Engaging and thought-provoking, as always Thanks for sharing! IDProperticom
Salam kenal admin, pasti akan sering berkunjung ke website Anda juga. IDProperti.com | Pasang Iklan Properti Gratis
Meninggalkan komentar untuk menjadikannya viral, terima kasih dari IDProperti.com | Pasang Iklan Properti Gratis
Terima kasih atas informasi yang berharga. Menunggu postingan berikutnya! Salam, Pasang Iklan Properti Gratis
Saya sangat kagum dengan artikel ini! Cara Anda membahas topik dengan rinci dan mendalam benar-benar mengesankan. Penjelasan yang jelas dan gaya penulisan yang menyenangkan membuat artikel ini sangat menarik. Terima kasih atas karya yang sangat berharga ini. Salam sukses selalu, Pasang Iklan Properti Gratis
Your articles are consistently enlightening and enjoyable Thank you from IDProperticom!
This was an excellent read! Your insights and analysis are very much appreciated. Best regards, Pasang Iklan Properti Gratis
Engaging and thought-provoking, as always Thanks for sharing! IDProperticom
This blog consistently provides valuable insights Warm regards from IDProperticom
I’m always impressed by the quality of your content Warm regards from IDProperticom
Menikmati bacaan ini dan mendapatkan banyak pelajaran. Kunjungi situs saya juga, Pasang Iklan Properti Gratis
Your blog is a great source of valuable information. This post was especially enlightening. Regards, Pasang Iklan Properti Gratis
Insightful and well-written as always Keep up the fantastic work! From IDProperticom
Your blog is a source of inspiration Regards from Pasang Iklan Properti Gratis
Website ini memang pilihan terbaik untuk membaca artikel berkualitas. Terima kasih telah berbagi, IDProperti.com | Pasang Iklan Properti Gratis
One group of 9 25 mm (0.98 in) guns had withdrawn from different infantry regiments and one battalion of engineers accomplished the defensive power.
Bacaan ini menunjukkan tingkat keahlian dan dedikasi Anda yang sangat tinggi. Penjelasan yang jelas dan gaya penulisan yang menarik membuat topik yang kompleks menjadi sangat mudah dipahami. Terima kasih atas artikel yang sangat informatif ini. Salam hangat, Pasang Iklan Properti Gratis
The series was released in 5 volumes between 2007 and 2008 in South Korea by Haksan Publishing and later localized by Yen Press for North American distribution.
Website ini memang pilihan terbaik untuk membaca artikel berkualitas. Terima kasih telah berbagi, IDProperti.com | Pasang Iklan Properti Gratis
I am building a home.
He now sang the final scene from Armida with an expression that penetrated my innermost being.
Enter the quantities you paid for certified photo voltaic electric property.
Kapan pun harus meninggalkan komentar untuk artikel yang bagus. Salam dari IDProperti.com | Pasang Iklan Properti Gratis
Creating a workspace in your anime-themed room requires a balance between performance and magnificence.
Over the course of their collected lives Leopold and Rudolf crafted as many as ten thousand glass marine invertebrate models plus the 4,four hundred botanical ones which are Glass Flowers.
Fantastic read! Your expertise shines through in this article. Regards, Pasang Iklan Properti Gratis
Whereas this biscuit is fulfilling to eat, remember it is twice baked so it would final for a long, very long time.
This vacuum draws water from the pool into the pump.
McNulty, Phil (17 Could 2015).
Barthez started out nicely for Manchester United.
Three days later, he started towards Wigan Athletic within the Premier League at White Hart Lane but was criticised for conceding the Latics’ winning aim scored by Hugo Rodallega.
Float glass is annealed throughout the strategy of manufacture.
And although New Zealand’s wine distribution and fame may pale compared to Australia’s, the export statistics have positively been increasing over the past decade or so.
Nevertheless, in a match in opposition to UAE on 23 January 2015, Kawashima conceded a objective from Ali Mabkhout earlier than Japan equalised and the match was played all through a hundred and twenty minutes; ultimately, the Samurai Blue have been eradicated after dropping in penalty-shootout.
Now that’s a neat twist in the homage game.
One can find the sample hyperlink for the poodle block in this post as well as why I selected this block.
Your style is very unique in comparison to other folks I have read stuff from.
I appreciate you for posting when you’ve got the opportunity, Guess I’ll just book mark this site.
Your article is an absolute gem! The depth of your research and the eloquence of your writing have created a truly remarkable piece. I’m incredibly impressed by your ability to convey complex ideas so effectively. This is a must-read for anyone interested in the topic. Thank you for such a valuable contribution. Warm regards, Pasang Iklan Properti Gratis
An eccentric character, he posted crudely painted sheet steel indicators all along the property going through Route 206 that featured political rants concentrating on politicians of the day, in addition to “commies”, socialists, draft dodgers and the rich.
Your articles are so easy to understand, thanks Regards, Pasang Iklan Properti Gratis
The step-down design of the entry — complete with huge pillars — is a dramatic preview for the room beyond.
Between 26 April 2008 and 6 Could 2008, Kawashima helped Kawasaki Frontale win four league matches in a row.
I’d advocate it to anyone who desires good food and high quality service.
An example of that’s when there are pipes or other equipment too close to a facet wall which prevents you from sliding the side panel (of the enclosure).
245. A montage of the latest trend accessories for ladies.
Your dedication to quality content is evident Best regards from IDProperticom
As a fortunate custodian of this remarkable machine, I’ve spent many a twilight hour submerged in the rhythmic symphony of its keys – the entrancing click-clack resonating by means of my house.
264. A pair of ladies in large hooped day dresses; one with a pale green trim, the opposite in black with a matching trim with white fringes.
I really appreciate the effort you put into this article. Great job! Best, Pasang Iklan Properti Gratis
Without fail, I always go to every single sale that EPL hosts.
The Sainte-Chapelle window types found an instantaneous echo in the home windows of other thirteenth century cathedrals and churches, notably Soissons Cathedral, made shortly after Sainte-Chapelle, doubtless by the same artists.
There is no such thing as a higher method to show your love and affection than ordering for a customized photo print cake.
Saya sangat kagum dengan artikel ini! Penjelasan yang mendalam dan gaya penulisan yang menarik membuat bacaan ini sangat bermanfaat. Terima kasih atas karya yang sangat berkualitas ini. Salam hangat, Pasang Iklan Properti Gratis
Furthermore, in comparison to coloured tattoos, blackwork tattoos are more adaptable as a result of they can be integrated into just about any design.
The 3rd Infantry Division landed on the left at Alpha Beach (Cavalaire-sur-Mer), the 45th Infantry Division landed in the centre at Delta Seashore (Saint-Tropez), and the 36th Infantry Division landed on the best at Camel Seaside (Saint-Raphaël).
Could 23-25, 2025. Aurora, CO.
Always a pleasure to read your well-crafted articles Thank you from IDProperticom!
Sambil menikmati kopi, artikel ini sungguh menyegarkan pikiran. Terima kasih atas berbaginya. Salam dari IDProperti.com | Pasang Iklan Properti Gratis
Terima kasih atas artikel yang menarik ini. Salam kenal dari : IDProperti.com | Pasang Iklan Properti Gratis
The Tate Gallery 1982-84: Illustrated Catalogue of Acquisitions.
It solely has a 5-speed transmission however can hit 200 mph.
A cross tattoo can also be interpreted to signify unrestricted love and self-sacrifice, just as Jesus felt and demonstrated towards the human species.
History of the Church of the Holy Household.
Bacaan ini menunjukkan tingkat dedikasi dan keahlian yang luar biasa. Anda telah menjelaskan topik yang kompleks dengan cara yang sangat jelas dan mendalam. Terima kasih atas artikel yang sangat bermanfaat ini. Salam hangat, Pasang Iklan Properti Gratis
6月3日に幸徳秋水が拘引されたという記事が各新聞に掲載され、5日には秋水らの「陰謀事件」として多数の社会主義者・戦時中に来日した労務者、復員軍人、軍属などは日本内地になじみが薄いため終戦後、残留した者はごく少数である。当初はゆめタウンが出店する方向で話が進んでいたが、地元の反対に遭い最終的に今の姿となった。
Terima kasih atas artikel yang menarik ini. Salam kenal dari : IDProperti.com | Pasang Iklan Properti Gratis
Another excellent read Thanks for keeping your content so engaging! Greetings from IDProperticom
Fantastic content! Your expertise is evident in this post. Thanks for sharing! Regards, Pasang Iklan Properti Gratis
Cheers to your informative and engaging articles Pasang Iklan Properti Gratis
Fate/Apocrypha. 2017年3月26日閲覧。 SQUARE ENIX.
2022年7月26日閲覧。 2017年6月9日閲覧。 2017年6月8日閲覧。
TBSテレビ. 2018年9月10日閲覧。 TBSテレビ.
2016年7月13日閲覧。 2021年1月13日閲覧。 TVアニメ「フルーツバスケット」公式サイト.
2020年1月17日閲覧。 」公式サイト. 2019年4月10日閲覧。 アニメ「神撃のバハムート VIRGIN
SOUL」公式サイト. TVアニメ「賭ケグルイ」公式サイト.
「アニメ「トネガワ」森川智之らが”制裁”受け土下座披露、羽多野渉にはケツバット」『コミックナタリー』株式会社ナターシャ、2018年8月19日。所得が31,711カナダドルを上回る場合、減額される。
I always emailed this webpage post page to all my associates, because
if like to read it next my links will too.