{"id":3194,"date":"2021-05-03T12:45:05","date_gmt":"2021-05-03T12:45:05","guid":{"rendered":"http:\/\/caindelhiindia.com\/blog\/?p=3194"},"modified":"2023-07-12T17:22:17","modified_gmt":"2023-07-12T17:22:17","slug":"importer-exporter-code-registration-and-documentation","status":"publish","type":"post","link":"https:\/\/www.caindelhiindia.com\/blog\/importer-exporter-code-registration-and-documentation\/","title":{"rendered":"IMPORTER \u2013EXPORTER CODE REGISTRATION &#038; DOCUMENTATION"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69d04569e1c48\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69d04569e1c48\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.caindelhiindia.com\/blog\/importer-exporter-code-registration-and-documentation\/#IMPORTER_%E2%80%93_EXPORTER_CODE_REGISTRATION_AND_DOCUMENTATION\" title=\"IMPORTER \u2013 EXPORTER CODE REGISTRATION AND DOCUMENTATION\">IMPORTER \u2013 EXPORTER CODE REGISTRATION AND DOCUMENTATION<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.caindelhiindia.com\/blog\/importer-exporter-code-registration-and-documentation\/#BRIEF_INTRODUCTION\" title=\"BRIEF INTRODUCTION \">BRIEF INTRODUCTION <\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.caindelhiindia.com\/blog\/importer-exporter-code-registration-and-documentation\/#CATEGORY_OF_PERSONS_REQUIRING_IEC_NUMBER\" title=\"CATEGORY OF PERSONS REQUIRING IEC NUMBER\">CATEGORY OF PERSONS REQUIRING IEC NUMBER<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.caindelhiindia.com\/blog\/importer-exporter-code-registration-and-documentation\/#BENEFITS_OF_IEC_NUMBER\" title=\"BENEFITS OF IEC NUMBER\">BENEFITS OF IEC NUMBER<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.caindelhiindia.com\/blog\/importer-exporter-code-registration-and-documentation\/#EXEMPTED_CATEGORIES_OF_IMPORTER_AND_EXPORTER\" title=\"EXEMPTED CATEGORIES OF IMPORTER AND EXPORTER\">EXEMPTED CATEGORIES OF IMPORTER AND EXPORTER<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.caindelhiindia.com\/blog\/importer-exporter-code-registration-and-documentation\/#PERMANENT_IEC_NUMBER_OF_NON_%E2%80%93_COMMERCIAL_PSU\" title=\"PERMANENT IEC NUMBER OF NON &#8211; COMMERCIAL PSU\">PERMANENT IEC NUMBER OF NON &#8211; COMMERCIAL PSU<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.caindelhiindia.com\/blog\/importer-exporter-code-registration-and-documentation\/#DOCUMENTS_REQUIRED_FOR_IEC_CODE\" title=\"DOCUMENTS REQUIRED FOR IEC CODE\u00a0\">DOCUMENTS REQUIRED FOR IEC CODE\u00a0<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"IMPORTER_%E2%80%93_EXPORTER_CODE_REGISTRATION_AND_DOCUMENTATION\"><\/span><span style=\"color: #ffcc00;\"><strong>IMPORTER \u2013 EXPORTER CODE REGISTRATION AND DOCUMENTATION<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-6080\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/05\/IEC-Code-..jpg\" alt=\"IEC Code .\" width=\"1080\" height=\"832\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/05\/IEC-Code-..jpg 1080w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/05\/IEC-Code-.-300x231.jpg 300w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/05\/IEC-Code-.-1024x789.jpg 1024w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/05\/IEC-Code-.-768x592.jpg 768w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2021\/05\/IEC-Code-.-800x616.jpg 800w\" sizes=\"(max-width: 1080px) 100vw, 1080px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"BRIEF_INTRODUCTION\"><\/span><span style=\"color: #000080;\"><strong><em>BRIEF INTRODUCTION <\/em><\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In India, we have registration compliance that an importer or exporter company has to comply with. Such registration is known as Import Export Code Number. Importer Exporter Code (IEC) is mandatory for a person indulging in any export or import activities. IEC number is a basic 10-digit number that is issued by the DGFT and allows Indian companies to export &amp; import goods to and from India. Importer Exporter Code (IEC) number comes with indefinite validity and easy registration procedure. Also, the process of modification in case of any change is quite simple. There are certain benefits of getting such registration namely-<\/p>\n<h3><span class=\"ez-toc-section\" id=\"CATEGORY_OF_PERSONS_REQUIRING_IEC_NUMBER\"><\/span><span style=\"color: #000080;\"><strong><em>CATEGORY OF PERSONS REQUIRING IEC NUMBER<\/em><\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Any persons requiring to send shipments via customs.<\/li>\n<li>Any person getting foreign currency directly deposited into their bank account in the form of consideration received for exported goods.<\/li>\n<li>Any person requiring the approval of customs authority in order to approve their shipments.<\/li>\n<li>Any person required to send money abroad through financial institutions or banks in the form of payment made for imported goods.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"BENEFITS_OF_IEC_NUMBER\"><\/span><span style=\"color: #000080;\"><strong><em>BENEFITS OF IEC NUMBER<\/em><\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li><span style=\"color: #ffcc00;\"><strong><em>INDEFINITE VALIDITY:<\/em><\/strong> <\/span>One of the greatest features of the IEC code is that there is no specific period of validation i.e. it is valid for the whole existence of the organization. As a result, there does not exist the need to renew it.<\/li>\n<li><span style=\"color: #ffcc00;\"><strong><em>NO FILING OF RETURNS:<\/em><\/strong> <\/span>Unlike other compliances, IEC registration is a straightforward procedure that does not necessitate the filing of any returns for companies. As a result, once the allotment of the IEC certificate is done, the company is not required to provide any return to the government while undertaking any activity of export or import of goods.<\/li>\n<li><span style=\"color: #ffcc00;\"><strong><em>EXPANSION OF BUSINESS ACTIVITY:<\/em><\/strong><\/span> With an IEC registration, One can easily expand their business activity by exploring the global markets and also helping in increasing the country\u2019s GDP.<\/li>\n<li><span style=\"color: #ffcc00;\"><strong><em>EASE IN SUPERVISION\/MONITORING OF FOREIGN TRADE ACTIVITIES:<\/em><\/strong><\/span> The IEC code helps the Indian Government to keep a regular check on the company and also provides the company to take advantage of the opportunities provided by Customs, the DGFT, and the Export Promotion Council.<\/li>\n<li><span style=\"color: #ffcc00;\"><strong><em>EASE IN REGISTRATION:<\/em><\/strong><\/span> The government has now simplified and streamlined the registration process for IECs by opening an online portal wherein the company can apply for IEC in a paperless and hassle-free manner.<\/li>\n<li><span style=\"color: #ffcc00;\"><strong><em>NO SEPARATE REGISTRATION FOR UNITS ESTABLISHED UNDER SAME PAN:<\/em><\/strong><\/span> Since, PAN card is mandatory for registration, any business already having an IEC number is not required to obtain any further registration for any other unit or entity registered under the same PAN as of the above company.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"EXEMPTED_CATEGORIES_OF_IMPORTER_AND_EXPORTER\"><\/span><span style=\"color: #000080;\"><strong><em>EXEMPTED CATEGORIES OF IMPORTER AND EXPORTER<\/em><\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Generally, no export or import shall be made by any person without obtaining the IEC number unless they come under the following category, namely \u2013<\/p>\n<ol>\n<li>Person importing and exporting goods or technology specifically under the authority of Central Government.<\/li>\n<li>Any Ministry or department of Central and State Government.<\/li>\n<li>Any Person importing or exporting goods for personal consumption and the same is not subject to any commercial activity.<\/li>\n<li>Any person who is specifically importing or exporting goods, to and from Nepal and Myanmar through the Indo-Myanmar border areas and China through Gunji and Namgaya Shipkila port wherein the number of such goods or single consignment shall not exceed Rs. 25,000. In case through Nathula port the above limit is increased from Rs. 25,000 to Rs. 1,00,000.<\/li>\n<\/ol>\n<h3><span class=\"ez-toc-section\" id=\"PERMANENT_IEC_NUMBER_OF_NON_%E2%80%93_COMMERCIAL_PSU\"><\/span><span style=\"color: #000080;\"><strong><em>PERMANENT IEC NUMBER OF NON &#8211; COMMERCIAL PSU<\/em><\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The Government of India has specifically allotted some permanent IEC numbers which shall be used by the non \u2013 commercial public sector units. The list of IEC number is as follows \u2013<\/p>\n<table style=\"height: 858px;\" width=\"958\">\n<tbody>\n<tr>\n<td width=\"94\"><span style=\"color: #ffcc00;\"><strong>SERIAL NO.<\/strong><\/span><\/td>\n<td width=\"151\"><span style=\"color: #ffcc00;\"><strong>PERMANENT IEC NO.<\/strong><\/span><\/td>\n<td width=\"397\"><span style=\"color: #ffcc00;\"><strong>CATEGORY OF IMPORTER\/EXPORTER<\/strong><\/span><\/td>\n<\/tr>\n<tr>\n<td width=\"94\"><strong>1.<\/strong><\/td>\n<td width=\"151\"><strong>0100000011<\/strong><\/td>\n<td width=\"397\">Ministries and departments of Central Government and agencies that are wholly or partially owned by them.<\/td>\n<\/tr>\n<tr>\n<td width=\"94\"><strong>2.<\/strong><\/td>\n<td width=\"151\"><strong>0100000029<\/strong><\/td>\n<td width=\"397\">Ministries and departments of State Government and agencies that are wholly or partially owned by them.<\/td>\n<\/tr>\n<tr>\n<td width=\"94\"><strong>3.<\/strong><\/td>\n<td width=\"151\"><strong>0100000037<\/strong><\/td>\n<td width=\"397\">Counsellor officers and diplomatic personnel in India, along with officials and agencies of UNO.<\/td>\n<\/tr>\n<tr>\n<td width=\"94\"><strong>4.<\/strong><\/td>\n<td width=\"151\"><strong>0100000045<\/strong><\/td>\n<td width=\"397\">Indian citizens going\/returning from abroad and also claiming benefit under Baggage rules.<\/td>\n<\/tr>\n<tr>\n<td width=\"94\"><strong>5.<\/strong><\/td>\n<td width=\"151\"><strong>0100000053<\/strong><\/td>\n<td width=\"397\">Hospitals, individuals or institutions importing\/exporting goods specifically for personal consumption and not for any commercial activity.<\/td>\n<\/tr>\n<tr>\n<td width=\"94\"><strong>6.<\/strong><\/td>\n<td width=\"151\"><strong>0100000061<\/strong><\/td>\n<td width=\"397\">Persons indulging in trade with Nepal.<\/td>\n<\/tr>\n<tr>\n<td width=\"94\"><strong>7.<\/strong><\/td>\n<td width=\"151\"><strong>0100000070<\/strong><\/td>\n<td width=\"397\">Persons indulging in trade with Myanmar through Indo-Myanmar border areas.<\/td>\n<\/tr>\n<tr>\n<td width=\"94\"><strong>8.<\/strong><\/td>\n<td width=\"151\"><strong>0100000088<\/strong><\/td>\n<td width=\"397\">Ford Foundation and its Branches<\/td>\n<\/tr>\n<tr>\n<td width=\"94\"><strong>9.<\/strong><\/td>\n<td width=\"151\"><strong>0100000096<\/strong><\/td>\n<td width=\"397\">Importers of goods exclusively used for display in fairs and exhibitions<\/td>\n<\/tr>\n<tr>\n<td width=\"94\"><strong>10.<\/strong><\/td>\n<td width=\"151\"><strong>0100000100<\/strong><\/td>\n<td width=\"397\">Directors and authorized representatives of National Blood Group<\/td>\n<\/tr>\n<tr>\n<td width=\"94\"><strong>11.<\/strong><\/td>\n<td width=\"151\"><strong>0100000126<\/strong><\/td>\n<td width=\"397\">Importing of goods, by individuals\/ institutions and charitable NGOs, which are exempted from any custom duty and is used for victims of natural calamity.<\/td>\n<\/tr>\n<tr>\n<td width=\"94\"><strong>12.<\/strong><\/td>\n<td width=\"151\"><strong>0100000134<\/strong><\/td>\n<td width=\"397\">Import\/export of goods from\/to China through Gunji, Namgaya shipkala and Nathula ports, subject to the ceiling limit specified by the government.<\/td>\n<\/tr>\n<tr>\n<td width=\"94\"><strong>13.<\/strong><\/td>\n<td width=\"151\"><strong>0100000169<\/strong><\/td>\n<td width=\"397\">Import\/export of goods by the entities authorized by the Reserve Bank of India and is of non-commercial nature.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><span class=\"ez-toc-section\" id=\"DOCUMENTS_REQUIRED_FOR_IEC_CODE\"><\/span><span style=\"color: #000080;\"><strong><em>DOCUMENTS REQUIRED FOR IEC CODE\u00a0<\/em><\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>There are certain documents that are required to be scanned or copy be sent to the DGFT office as per the online or offline registration process. These documents include \u2013<\/p>\n<ol>\n<li><span style=\"color: #000080;\"><strong><em>DETAILS OF THE ENTITY SEEKING IEC NUMBER \u2013<\/em><\/strong><\/span><\/li>\n<\/ol>\n<ul>\n<li>PAN card of the business unit that would be undertaking the import\/export activity.<\/li>\n<li>Address proof of the applicant entity which could be the sale deed or the lease deed in case of purchased or leased property respectively.<\/li>\n<li>Registration Certificate Number of the entity obtained from the concerned authorities at the time of the establishment of the entity.<\/li>\n<li>A canceled Cheque bearing the entity\u2019s preprinted name as a proof for bank account detail.<\/li>\n<\/ul>\n<ol start=\"2\">\n<li><strong><em><span style=\"color: #000080;\">DETAILS OF THE MANAGING INDIVIDUAL<\/span> \u2013 <\/em><\/strong>The managing individual could be a proprietor, partner, director, secretary, managing trustee as the case may be<\/li>\n<\/ol>\n<ul>\n<li>PAN card of the individual<\/li>\n<li>DIN\/DPIN in case of company or LLP<\/li>\n<\/ul>\n<ol start=\"3\">\n<li><span style=\"color: #000080;\"><strong><em>DETAILS OF THE SIGNATORY \u2013<\/em><\/strong><\/span><\/li>\n<\/ol>\n<ul>\n<li>Identity proof of the individual i.e. Aadhaar card or driving license etc.<\/li>\n<li>PAN card of the signatory.<\/li>\n<li>Digital photo<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>IMPORTER \u2013 EXPORTER CODE REGISTRATION AND DOCUMENTATION BRIEF INTRODUCTION In India, we have registration compliance that an importer or exporter company has to comply with. Such registration is known as Import Export Code Number. Importer Exporter Code (IEC) is mandatory for a person indulging in any export or import activities. IEC number is a basic &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[765],"tags":[767,768],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/3194"}],"collection":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/comments?post=3194"}],"version-history":[{"count":5,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/3194\/revisions"}],"predecessor-version":[{"id":6081,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/3194\/revisions\/6081"}],"wp:attachment":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/media?parent=3194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/categories?post=3194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/tags?post=3194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}