Import Export Code Registration in Raigarh - Documents, Fees, and Process

Updated on March 06, 2024 07:55:44 AM

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

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

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 the foreign trade in India.

Import Export Code registration in Raigarh is mandatory for every import-export business. You are not allowed to import or export goods in Raigarh without IEC code registration.

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Documents required for Importer Exporter Code Registration

Following documents are required for IEC code registration in Raigarh :

  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

While an IEC code allows you to operate an import-export business in Raigarh, It comes with some additional benefits. Let’s take a look at how obtaining an IEC code will help your import export business :

  • 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.
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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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Situations where you need an IEC code in Raigarh

  • 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.
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How to apply for IEC code in Raigarh

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 for Raigarh

IEC Registration in Raigarh Fees
Aayaat Niryaat Form 2A NIL
Filing at DGFT NIL
Government Fees ₹500
Professional Fees ₹999
Total – ₹1,499 only

Note: The aforementioned Fees is exclusive of GST.

Get Expert Consultation

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Import Export Code Validity and Renewal

The Validity of an IEC code is 1 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 the deactivation of your Import Export code.

iec validity and renewal
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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 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 IEC registration 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 gives IEC code?

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

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

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

How to renew IEC code?

You can update the Import Export Code by following these steps :

  1. Click on “Update IEC” on the DGFT Portal.
  2. Log in and link your existing IE code through Aadhaar Verification/ Digital Signature.
  3. Click on “Update/Modify IEC” on the DGFT Dashboard.
  4. Make the necessary changes while filling the details. In case there is no change, update the same on the portal.
  5. Your IEC code application will be submitted. You can download it from the DGFT website.
What is required for IEC code Registration?

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

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

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