Import Export CodeIEC Registration in Dibrugarh - Documents, Fees, and Process

Import Export Code is a unique ten-digit code required to operate an import-export business in India. Without IEC code registration, you cannot import or export goods in Dibrugarh. IEC is issued by the Directorate General of Foreign Trade (DGFT) to ease the Foreign trade in India.

Any importer/Exporter in Dibrugarh who fails to show the IEC code, Their goods will not be allowed to pass the ports and will also result in incurring demurrage charges. In the worst case, their goods will be destroyed.

To get the Import Export Code in Dibrugarh, apply to the Directorate General of Foreign Trade with the necessary documentation. After the application, the DGFT will issue the entity's IE Code within 15-20 business days. Once you have an IE Code, it is valid for a lifetime and does not require renewal. The IEC Registration in Dibrugarh is valid until the business exists.

Thus, once issued, the IE Code Registration is valid forever and does not require renewal or filing like GST. Therefore, most businesses importing or exporting goods and services from India must get an IE code.

In this article, you will learn everything about IEC code registration, the documents required and the entire process of obtaining an IEC code in Dibrugarh.

IEC Certificate [Sample]

• 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 just by providing essential documents like a PAN card, Address proof, Bank details, etc.
• There is no need to fulfil any compliances like annual filings or return fillings. It is a hassle-free process.
• The entire registration process is online. There is no need to go anywhere to obtain an IEC.

However, it is generally recommended that any person or business that engages in the export or import of goods must obtain an ICE license. Thus, IEC registration is useful in a variety of situations. These are:

• When an importer has to clear his shipments from the customs, then an Import Export code is required by the customs authorities.
• The IEC code is required by the banks when the money is sent abroad through banks by the importer.
• The Import Export license is required by the customs port when the shipment has to be sent by the exporter.
• The IEC code is required by the banks when the money is received in foreign currency directly into the exporter’s bank account.

To summarize, the Import and Export Code (IEC) is critical for organizations involved in international trade. This will provide you access to global marketplaces and facilitate cross-border transactions. Registering with the IEC allows businesses to simply manage customs procedures, expand their reach, and capitalize on global opportunities. This period is critical for encouraging growth, ensuring compliance, and laying a solid basis in the dynamic world of international trade.