Import Export Code Registration in Kannur - Documents, Fees, and Verification

Updated on March 06, 2024 09:50:55 AM

Import Export Code in Kannur 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 Kannur.

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

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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 Kannur without IEC code registration. Once the IEC code is issued, an exporter can apply for port registration on the Ice gate portal with the help of AD Code Registration .

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Documents required for Importer Exporter Code Registration

Following documents are required for IEC code registration in Kannur:

  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)
Documents Required For IEC code
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Benefits of obtaining an Import Export Code in Kannur

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 Kannur, 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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Starting your own Import-Export Business?

Register your import and export business with Professional Utilities to get your IEC Certificate . You get the free consultations and quick service at lowest Price with us.

Apply for IEC code Now
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Who is eligible to apply for an IEC code in Kannur?

Any Proprietorship firm, LLP, Company, Trust, HUF 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 IEC code in Kannur

You can register for the Importer Exporter code offline as well as online. The online registration process is effortless, and you don’t need to go anywhere. The process is carried out in 5 steps :

Procedure for obtaining Import Export Licence

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. 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 Kannur

IEC Registration in Kannur Fees
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.

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IEC 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 renewal 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. There is a high chance of rejection at each step of document uploading.

We at Professional Utilities understand that completely. That’s why we come forward to help you avoid the hassle and get your Import Export Code registered at the minimum price guaranteed so that you can concentrate on running your business and leave the legal formalities to us.

You can apply for the IEC certificate in just three simple steps with us :

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Step 1:
Get in touch via call or contact form

Step 2:
Provide necessary documents

Step 3:
Get your IEC registered in 2 working days

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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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Frequently Asked Questions

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.

Can We import in Kannur without the IEC code?

No, You can not do any import/export without the IEC code. Your goods will not be allowed to pass the ports without an IEC code. However, it is not required to import or export goods for personal use.

What is required for IEC code Registration?

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

  • PAN card
  • Aadhaar Card
  • DSC( Digital Signature Certificate)
  • Bank account in the name of IEC holder

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