Import Export CodeIEC Registration in Khandwa - Documents, Fees, and online procedure

Updated on March 06, 2024 03:04:33 PM

Import Export Code in Khandwa is a crucial business identification number mandatory for imports in India and export from India. IEC code is issued by the Directorate General of Foreign Trade (DGFT) to ease Foreign trade in India. Without IEC code registration, you cannot import or export goods in Khandwa.

Read on to learn more about the Importer exporter code, its benefits and the process of obtaining an IEC Code.

IEC Certificate [Sample]

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What is an IEC Code?

IEC code is a 10-digit code issued by the Directorate General of Foreign Trade (DGFT) to ease foreign trade in India.

You cannot import or export goods in Khandwa without IEC code registration. Once the IEC code is issued, an exporter can apply for port registration on the Icegate portal with the help of AD Code Registration

Issued By DGFT
Price 1499 INR
Renewal Every Year
Time Taken 2 Days

Note: The aforementioned Fees is exclusive of GST.

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Documents Required for IEC Certificate Registration

For IEC code registration, the following documents are required :

  1. PAN card copy of the applicant entity.
  2. Address proof of the company( Electricity Bill)
  3. Lease/Rental Agreement if the office is rented.
  4. Canceled Cheque copy of company’s current bank account.
  5. Sale deed if the company is self-owned.
  6. Digital Photograph(3*3)
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Benefits of obtaining an Import Export License

Importer Exporter code is the primary requirement to enter the international market and expand your business. While an IEC code allows you to operate an import-export business in Khandwa, it has many additional benefits. Some of them are listed below :

  • The IEC code facilitates overseas trade and legalizes import and export business. It makes your trade across borders easy and legal
  • If you are a food business operator, you need an IEC code for FSSAI Registration .
  • Import-export code allows your product to reach the global market, which results in massive business expansion.
  • Obtaining an IEC Code Opens your door to the online international marketplace like Alibaba and Amazon.
  • An exporter can claim a refund on taxes imposed while exporting goods.
  • You can register an import/export code by providing essential documents like a PAN card, Address proof, and Bank details.
  • There is no need to fulfill any compliances like annual filings or return fillings. It is a hassle-free process with no after-registration compliances.
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Who is eligible to apply for an IEC code in Khandwa?

Any Proprietorship firm, LLP, Company, Trust, LUF or Individual engaged in any of the following foreign trade activities is eligible for obtaining an IEC Code :

  1. Commercial Import and Export of goods across borders
  2. Availing benefits under Foreign Trade Policy.
  3. Shipment Clearance
  4. Custom Clearance
  5. Monetary Transaction in foreign currency
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How to apply for the IEC code in Khandwa

The online registration process for IEC code certificate is carried out in 5 steps :

1. Register on the DGFT portal

The Directorate General of Foreign Trade(DGFT) is an online government portal where you can register for an import-export license. Therefore, your first step is to register on this portal.

2. Documentation

The second step is the application phase, where all your documents are arranged and prepared for application. Refer to the documents required for better understanding.

3. Application for Import Export Code

An importer/exporter is required to file an online application in ANF 2A(i) and submit the required documents for verification. You also need to pay the government fees to complete the application process.

4. Verification by DGFT

Once your application is submitted, it is sent to DGFT for verification. In case there is wrong or incomplete information, Your license will be canceled. So, make sure you provide the correct information.

5. Approval and Issuance of IEC code

Your IEC code will be issued after the approval by DGFT. In the case of the online application, you will get an e-IEC. Once approved by the competent authority, you will be notified through email or SMS that your e-EIC is available on the DGFT website.

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IEC code Registration Fees in Khandwa

IEC Registration cost(₹) in Khandwa :
Aayaat Niryaat Form 2A NIL
Filing at DGFT NIL
Government Fees 500
Professional Fees 999
Total Price : ₹1,499 only

Note: The aforementioned Fees is exclusive of GST.

Get Free Consultation

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Import Export Code Validity and Renewal

The Validity of an IEC code is One year . Unlike other government licenses, The Import Export Code was valid for a lifetime. However, after the amendments in Foreign Trade Policy on 12th February 2021, the import-export code has now to be renewed every year.

This amendment made the update of Import Export Code details mandatory for every IEC and e-EIC holder. Even if there are no updates in IEC, the same has to be confirmed online on the DGFT portal. Failing to do so may result in your Import Export code deactivation.

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IEC Registration with Professional Utilities

The complications in understanding the process and uploading appropriate documents are very hectic. It takes a lot of time and effort to get it right. There is a high chance of rejection at each step of document uploading.

We at Professional Utilities understand that completely. You can apply for the IEC registration seamlessly with us in just three simple steps.

Step 1: Fill Out the Form Please fill out our simple form and receive a callback from our team of experts.

Step 2: Submit Documents Provide all the required documents for the Import Export code registration and make a 50% payment in advance.

Step 3: Get your IEC code Your Import export code will be delivered to you, and you will have to make the remaining payment.

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Why Professional Utilities?

At Professional Utilities, we leverage our industry knowledge and expertise to help businesses navigate complex regulations, minimize risks, and optimize operations for maximum efficiency and profitability.

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Expert CA/CS Assistance

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Frequently Asked Questions (FAQs)

Who issues the IEC code?

DGFT(Directorate General of Foreign Trade) issues and updates the Import Export code.

How much time does it take to get the IEC code online?

At professional Utilities, It takes less than 3 days for the complete procedure of obtaining an IEC code.

Do I need DSC(Digital Signature Certificate) for IEC Code Registration?

DSC is not mandatory for an IEC certificate. DSC has been introduced in IEC registration to strengthen the application process. You can sign the application with Aadhaar authentication.

What is required for IEC code Registration?

Documents required for Import Export Code registration in Dewas are as follows :

  • PAN card
  • Aadhaar Card
  • DSC( Digital Signature Certificate)
  • Bank account in the name of IEC holder
How do I become a registered exporter in Dewas?

To become a registered exporter, you need to get an IEC registration. Once you obtain the I importer Exporter code, you are allowed to export goods from India. The code is also valid for importing goods in India.

Have any Other Queries?

Talk to us. Our expert will guide you throughout the entire process. Get in touch with our team to find all import export related answers. Call us @9716711090 or write to us at [email protected].

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