Import Export Code (IEC) Registration Certificate in Kerala
Import Export Code registration in Kerala is required to operate import-export business. You cannot import or export goods in Kerala without IEC code registration. IEC is issued by the Directorate General of Foreign Trade (DGFT) to ease the foreign trade in India.
Kerala is the major exporter of Spices and marine products. Cochin Port in Kerala is an important hub of external trades, which makes an import-export business in Kerala highly profitable. To legalize the import export business, you must obtain an IEC code in Kerala.
However, If an individual is importing or exporting goods for personal use and is not involved in any commercial trade are exempted from having an Import Export code as per the foreign trade policy.
To get the Import Export Code in Kerala., apply to the Directorate General of Foreign Trade, along with the required documents. After submission of the application, the DGFT will issue the entity's IE Code within 15-20 working days. Once you have obtained an IE Code, it is valid for lifetime and does not need to be renewed. The IE code in Kannur. is valid until the business closes.
IEC Certificate [Sample]
Table of Content
- How to Apply for IEC Code Registration
- Documents Required for IEC Code Registration
- Import Export Code Registration Fees
- What is IEC Registration in Kerala ?
- Benefits of IEC Code Registration
- Eligibility for Obtaining IEC Code in Kerala
- IEC Code Validity and Renewal
- Situations where IEC Code is Required in Kerala?
- IEC Code Registration with Professional Utilities
- Conclusion
- FAQ’s On Import Export Code Registration
How to Apply for IEC Code Registration in Kerala
The step-by-step procedure of online IEC registration in Kerala are as follows:
- Register on the DGFT portal: The Directorate General of Foreign Trade (DGFT) is the official government portal for IEC registration. Create an account and register on the portal.
- Documentation: Collect, arrange, and prepare all required documents for the IEC application. Refer to the document checklist for accuracy.
- Application for Import Export Code: Importers and exporters must submit the online application in ANF 2A(i), upload the necessary documents, and pay the applicable government fee.
- Verification by DGFT: DGFT verifies the submitted information. Any incorrect or incomplete details may lead to delays or rejection.
- Approval and Issuance of IEC Code: Once approved, the IEC is issued electronically (e-IEC). Updates are sent via email or SMS when it becomes available on the DGFT portal.
Documents Required for IEC Code Registration in Kerala
Following documents are required for IEC registration in Kerala:
- PAN Card of the Business Entity
- Address Proof (Electricity Bill, Rent Agreement, or Lease Deed)
- Business Registration Certificate (Company Registration, Partnership Deed, LLP Agreement, or relevant certification)
- Bank Account Details (Cancelled Cheque or Banker’s Certificate)
- Identity Proof of Authorized Person (Aadhaar Card, Voter ID, Passport, or Driving License)
- Passport Size Photograph of the Authorized Person
Import Export Code Registration Fees in Kerala
IEC registration fees in Kerala cover basic government charges and service costs for a smooth application process.
| IEC Registration | Fees |
|---|---|
| Government Fees | ₹500 |
| Professional Fees | ₹999 |
| Total | ₹1,499 only |
Note: The aforementioned Fees is exclusive of GST.
What is IEC Code Registration?
IEC Registration in Kerala is the process of obtaining a 10-digit Import Export Code (IEC) from the Directorate General of Foreign Trade (DGFT). It is a mandatory license for individuals and businesses in Kerala who are engaged in importing goods into India or exporting goods and services to other countries.
This IEC code, also known as the IEC Code License, is linked to the applicant’s PAN and is essential for customs clearance, international financial transactions, and availing government export incentives. Whether you're operating through Cochin Port, Trivandrum International Airport, or any other trade point in Kerala, having a valid IEC is crucial.
The registration process is completely online, and as per DGFT guidelines, it must now be renewed annually to remain valid and compliant.
Benefits of IEC Code Registration in Kerala
IEC Registration in Kerala offers benefits that help businesses conduct smooth and legally compliant import-export operations.
- Global Business Expansion: Import-export code allows your product to reach the global market, which results in huge business expansion.
- Obtaining an IEC opens your door to the online international marketplace like Alibaba and Amazon.
- Import/Export Subsidies: An exporter can claim a refund on taxes imposed while exporting goods.
- If you promise to import goods within a specific time, the government even waives some import duties as well.
- Easy Registration Process: You can get an import/export code registered by providing some basic documents like a PAN card, Address proof, Bank details, etc.
- There is no need to fulfil any compliances like annual filings or return filings. It is a hassle-free process.
- The entire registration process is online. There is no need to go anywhere to obtain an IEC.
- Facilitates Electronic Fund Transfers (EFTs): EFT is a new service offered to exporters that allows them to pay the license fee online via the internet rather than visiting a bank to make the payment.
Eligibility for Obtaining IEC Code in Kerala
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 :
- Commercial Import and Export of goods across borders
- Availing benefits under Foreign Trade Policy.
- Shipment Clearance
- Custom Clearance
- Monetary Transaction in foreign currency
Starting your own Import-Export Business?
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Import Export Code Validity and Renewal in Kerala
Unlike other government licenses, The Import Export Code was not required to be renewed and was valid for a lifetime. However, after the amendments in the Import Export code related provisions under chapter 1 and Chapter 2 of Foreign Trade Policy on 12th February 2021, the IEC 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 IEC in renewal , the same has to be confirmed online on the DGFT portal. Failing to do so may result in the deactivation of your Import Export code.
Various Situations where IEC Code is Required in Kerala
However, it is generally recommended that any person or business that engages in the export or import of goods must obtain an IEC 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
IEC Registration with Professional Utilities
The complications in understanding the process and providing appropriate documents are very much hectic. There is a high chance of rejection of the application at each step of document uploading. There are different standards of Digital Signature certificates (DSC) that must be uploaded.
We at Professional Utilities understand completely. That’s why we come forward to help you avoid the hassle and get your Import Export Code done at the minimum price guaranteed. So that you can focus on what you do the best…..Your Business.
You can apply for IEC registration in just three simple steps with us.
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
Conclusion
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. You can also explore the registration process in specific locations such as Import Export Code Registration in Kochi for better understanding.
FAQ’s On Import Export Code Registration
What is required for IEC registration in Kerala?
- PAN card
- Aadhaar Card
- DSC( Digital Signature Certificate).
- Bank account in the name of IEC holder
Who gives IEC code?
DGFT(Directorate General of Foreign Trade) issues and updates the Import Export code.
Is the GST number mandatory for IEC code?
There is no need to incorporate GST details in the IEC code registration.
Can an individual get IEC code?
Yes, Any individual proprietor who is willing to start international trade is eligible for obtaining the Import/Export Code.
