IMPORT EXPORT LICENSE
[ Table Of Content ]
- Introduction
- Who Must Obtain an IEC License Before Trading Internationally?
- Why IEC Registration is Essential for Global Trade Compliance
- Documents Required for Import Export License
- Step-by-Step Import Export License Registration Process
- Cost and Validity of Import Export License
- How Long Does IEC Registration Take?
- Conclusion
- Frequently Asked Questions (FAQ)
- BIS (CRS) Registration For Electronic Product
- Domestic Product Certification (ISI Mark)
Introduction
Import Export License - Overview
In India, IEC Registration is an obligatory compliance option of the businesses that engage in international trade. Import Export Code (IEC) is a unique identification number through which the businesses can legally import goods into India or export products and services in any part of the world.
Our IEC Registration service is a professional service offered at EVTL India, where we assist businesses to get their IEC Code within a short period, correct and in compliance to the government. Being a veteran Import Export License Consultant, we make the registration process to be easy in order to concentrate on the growth of your international business operation.
What Is an Import Export License?
The Import Export Code (IEC), also called the Importer Exporter Code or IEC License is a 10 digits identification code issued by the Directorate General of Foreign Trade (DGFT). It is an obligatory rule in the Indian trade laws of any business that is involved in importation or exportation.
In the absence of a valid IEC Code, businesses will not be able to clear customs, take in international payments, or claim export subsidies. After it is issued, the IEC is not renewable and is valid throughout his or her lifetime
Who Must Obtain an IEC License Before Trading Internationally?
The following entities that engage in international trade have to be registered by IEC:
Importers bringing goods or services into India
Exporters who provide goods or services to the overseas markets.
Manufacturers exporting finished or semi-finished products.
Merchants and traders that engage in cross-border trade.
Service providers who get payment in foreign currency.
International shipping sellers in e-commerce.
Any business organization that intends to venture in the importation or exportation business should first acquire an IEC License prior to operation.
Why IEC Registration is Essential for Global Trade Compliance
Below are the key points that prove why IEC registration is essential for global trade compliance:
Mandatory Law Enforcement: Trade regulations require any importation or exportation activity to be done in India with the help of an IEC Code.
Customs Clearance: IEC requires goods to be cleared by the customs in the ports, airports, and land borders.
Banking Transactions: To make international transactions, export proceeds, and other foreign payments, a bank needs an IEC Code.
Export Incentives : The registration of the business in IEC allows the business to enjoy the benefits of the government export promotion schemes and incentives.
Lifetime Validity : Once the IEC Code is registered, it is issued on a lifetime basis and does not need any renewal.
Documents Required for Import Export License
PAN Card
ID proof (Aadhaar, Passport, or Voter ID)
Business PAN (for companies/LLPs)
Registration certificate (GST optional)
Partnership deed or incorporation certificate
Cancelled cheque or bank certificate
Electricity bill / rent agreement / property tax receipt
Make sure all details match your PAN card to avoid rejection
Step-by-Step Import Export License Registration Process
Step 1: Create a DGFT Account
- Visit the DGFT website
- Click on 'Register'
- Enter your mobile number, email ID, and OTP
- Create your user profile
Step 2: Fill the IEC Application
- Log in to your dashboard
- Select 'Apply for IEC'
- Enter business details
- Add bank information
- Fill contact details
Step 3: Upload Documents
- Upload PAN
- Upload address proof
- Upload cancelled cheque
- All documents must be clear and readable
Step 4: Pay Registration Fees
- DGFT charges a small, fixed fee
- Pay online using UPI, debit card, or net banking
Step 5: Download the IEC Certificate
- After successful verification, DGFT issues your IEC certificate
- You can download it from your dashboard
- IEC is issued instantly in most cases
Cost and Validity of Import Export License
Government Fees:
- DGFT charges a small, standard fee for IEC registration.
- There are no hidden or extra charges from the government.
Lifetime Validity Explained:
- Once issued, IEC is valid for a lifetime.
- No renewals needed.
- You only need to update your details on the DGFT portal if your business information changes.
How Long Does IEC Registration Take?
Timeline may vary depending on document completeness and DGFT verification. We proactively follow-up to ensure that there is minimum delays and accelerated approvals.
Timeline: 7-15 working days.
CONCLUSION
The Import Export License is essential for anyone planning to start an international trading business. With the right documents and proper guidance, you can get your IEC easily through the DGFT portal. It opens the door to global opportunities and helps your business grow worldwide. If you need fast and hassle-free IEC registration, a professional consultant can make the process much easier
Frequently Asked Questions
Why Choose EVTL INDIA?
- Expert Advice from Former BIS & Industry Specialists
- Direct Coordination With Government & Regulatory Bodies
- Dedicated Project Managers For Smooth End-to-End Support
- All Compliance Solutions Under One Trusted Platform
- Encrypted CRM With Real-Time Project Monitoring & Updates
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