IEC Registration
An Import Export Code (IEC) is a mandatory ten-digit registration for any business that wants to import goods into India or export goods and services out of it.
Without an IEC, customs clearance simply isn`t possible. We prepare and file your IEC application with DGFT, and advise on related compliance like AD code registration with your bank, so your first shipment isn`t held up at customs.
IEC Registration Over View
An Import Export Code (IEC) is a mandatory ten-digit registration for any business that wants to import goods into India or export goods and services out of it. Without an IEC, customs clearance simply isn`t possible. We prepare and file your IEC application with DGFT, and advise on related compliance like AD code registration with your bank, so your first shipment isn`t held up at customs.
Why Choose Vakil Labs For IEC Registration
- Guidance on linking IEC with your bank`s AD code for shipments
- Application prepared and filed directly with DGFT
- Support for both goods and services exporters/importers
- Advice on related export incentive schemes you may qualify for
- Assistance with IEC modification if your business details change
Frequently Asked Questions
Q. Is IEC registration mandatory for all import/export businesses?
Q. Is IEC registration mandatory for all import/export businesses?
A. Yes, it`s mandatory for customs clearance of any import or export shipment, with limited exemptions for personal use goods and certain government bodies.
Q. How long is an IEC valid?
Q. How long is an IEC valid?
A. It`s valid for the lifetime of the business, though it must be updated annually online even without changes, or it may be deactivated.
Q. Can I get an IEC for a services business, not just goods?
Q. Can I get an IEC for a services business, not just goods?
A. Yes, IEC is also required for certain services and technology exports where foreign exchange remittances are involved.
Q. How long does IEC registration take?
Q. How long does IEC registration take?
A. Typically 1-3 working days once documents are submitted, as the DGFT portal process is largely automated.