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Overview of Import Export Code (IEC Code)

The Import Export Code (IEC) is a 10-digit unique code issued by the Director General of Foreign Trade (DGFT), Ministry of Commerce and Industry, Government of India. It is mandatory for anyone wishing to start an import or export business in India.

What is IEC?

IEC stands for Import Export Code, and it serves as the primary business identification number for any import/export transactions conducted in India.

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When is IEC Required?

IEC is required when:

  • Importing goods to India
  • Exporting goods from India
  • Sending or receiving money related to international trade
  • Customs clearance for import/export shipments
  • Availing export incentives like MEIS, SEIS, etc.

Note: Even service exporters (like software or consulting services) may require IEC if they are receiving payments in foreign currency.

Key Features of IEC

FeatureDetails
Issued ByDGFT (Directorate General of Foreign Trade)
Code Format10-digit alphanumeric code
ValidityLifetime (no renewal required post-2021 update)
Processing Time1–2 working days (if documents are correct)
Filing ModeCompletely online
ApplicabilityIndividuals, Companies, LLPs, Trusts, HUFs, etc.

Documents Required for IEC Registration

For Individuals / ProprietorsFor Companies / Firms
PAN Card of IndividualPAN Card of Company / Firm
Aadhaar / Passport / Voter IDPAN & Aadhaar of all Directors / Partners
Cancelled Cheque / Bank CertificateCancelled Cheque in Company’s Name
Address Proof of Business (Utility Bill)Business Address Proof + Incorporation Docs
Active Email ID & Mobile NumberDSC may be required for company filings

Steps to Apply for IEC Code

1. Visit DGFT website: https://www.dgft.gov.in

2. Register on DGFT portal using PAN and mobile/email OTP

3. Fill IEC application form (ANF 2A)

4. Upload documents

5. Pay government fee (₹500)

6. Receive IEC on your email (usually within 1–2 working days)

Benefits of Having an IEC Code

  • Enables international trade (imports and exports)
  • Opens up global market opportunities
  • Required for customs clearance
  • Helps in availing benefits under various foreign trade policies
  • No renewal hassles – valid for lifetime
  • Mandatory for foreign remittance receipts

Important Notes

  • IEC and PAN are now integrated — PAN becomes your IEC number.
  • No need for renewal as per DGFT’s new guidelines.
  • Businesses with IEC must update their details every year (even if unchanged), else the code becomes inactive.

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