Naya Registeration

Register Your IMPORT EXPORT CODE AT 1499

IMPORT EXPORT CODE REGISTRATION IN INDIA

HOW TO REGISTERED IMPORT EXPORT CODE

1 CALL OR MAIL TO NAYA REGISTRATION

2 DISCUSS WITH NAYA BUSINESS (PROFESSIONAL)

3 PROVIDE US NECESSARY DOCUEMTNS WITH US

4 REGISTERED YOUR IMPORT EXPORT CODE SAME DAY

IMPORT EXPORT CODEREGISTRATION IN INDIA

WE NAYA REGISTRATION ARE HERE TO PROVIDE QUICK AND AFFORDABLE SERVICES TO REGISTER A IMPORT EXPORT CODE THROUGH 100% ONLINE PROCESS. OUR SERVICES ARE TRUSTED BY THOUSANDS OF BUSINESSES IN ALL MAJOR CITIES OF INDIA. PVT LTD COMPANY REGISTRATION IS HIGHLY PREFERRED BY STARTUPS.AND WE HAVE REGISTRATION OF AIMPORT EXPORT CODE COMPANY REGISTRATION IN INDIA (A IMPORT EXPORT CODE IN INDIA) BY MORE THAN 2000 COMPANIES.

IEC Code Registration - Overview

An Import Export Code (IEC) is a 10-digit code necessary for Indian import/export businesses. It's issued by the DGFT, Ministry of Commerce, and doesn't require filing or renewal. Importers need IEC to clear customs and make payments to foreign banks, while exporters need it to send shipments and receive payments.The IEC Number is essential for any importer/exporter operating in India.

Benefits of IEC Code

The IEC registration helps traders including online e-commerce operators open the doors to venture into the global market
Businesses can avail government schemes like the Merchandise Export from India Scheme (MEIS), the Service Export from India Scheme (SEIS), and others from customs and export promotion
No compliance requirements post registration and hence maintaining the business is relatively simple.
The process of obtaining IEC Code is not tedious and can be obtained with minimal, basic documents.

Situations Where IEC Code Is Required

You can use the IEC code in the following scenarios :

When a shipment needs to be cleared by customs, the customs authorities require it from the importer
When an importer transfers money overseas using banks, the bank requires it
When an exporter has to dispatch their shipments, the customs port requires it
When an exporter directly receives foreign currency into their bank account, the bank mandates it.

Validity of Import Export Code

The validity of an IEC is for a lifetime. This means that once an IEC is obtained, it is valid for all import or export transactions of the entity. There is no need to renew or update the IEC after a certain period.

Nature of the Firm Obtaining an IEC Code

IEC can be obtained by any individual, company, partnership firm, Limited Liability Partnership (LLP), or any other type of entity engaged in import or export activities. Whether you are an exporter or importer, having an IEC is mandatory for all such transactions. Even if a business is not actively engaged in import or export activities, but it plans to do so in the future, it still needs to obtain an IEC beforehand.
Prerequisites for Applying IEC Code
To apply for IEC, the following prerequisites are required:

A valid Permanent Account Number (PAN) card issued by the Income Tax Department of India is mandatory
The applicant must have a bank account in the name of the firm or individual, as IEC is issued in the name of the applicant
The business entity should be registered under the Registrar of Companies (ROC)
The applicant needs to submit the relevant documents such as identity proof, address proof, and details of the business entity to the DGFT office.

How to Register for an IEC License Online?

The process for registering an IEC license online in India is relatively simple and can be completed in a few steps. Here's how to register for an IEC license online in India:

Visit the Directorate General of Foreign Trade (DGFT) website, which is the official website for IEC registration in India
If you are a new user, click on the 'Register' button and create a new account by providing your basic details such as name, email address, and phone number
Once you have registered, log in to the DGFT website using your registered email ID and password
Click on 'Apply for IEC' on the homepage of the DGFT website, which will redirect you to the import export code application form
Fill in the online IEC application form with all the required details such as the name and address of the firm or individual, PAN number, bank account details, and contact information and the required documentation
Pay the IEC application fee online through internet banking, debit card, or credit card
Once you have filled in the application form, uploaded the necessary documents, and paid the application fee, review the application and click on the 'Submit' button
After submitting the IEC application, you can track the status of your application online. Once the IEC is issued, you will receive an IEC certificate on your registered email ID.

Documents Required for Import Export Code Registration

The documents required for an IEC License registration are listed below.

PAN card of the company (not applicable in case of the proprietor)
Applicant’s PAN and Aadhaar card (driving license/Aadhaar/voter ID)
Incorporation certificate/partnership deed
Address proof (electricity bill/rent agreement/Sale Deed of the office location)
Copy of cancelled cheque leaf/banker certificate of the current account in the name of the company.

Eligibility to Get IEC Code Importers

Register for Importer Exporter Code (IEC) to import goods into India.
IEC must be quoted during customs clearance.
Banks demand IE Code for international money transfers.

Exporters

Required to register for IEC to export goods from India.
IEC must be quoted for shipments.
Banks require IE Code for receiving foreign funds.

Proprietors

Individual business proprietors can obtain an IE Code in their name.
Incorporating a company is not necessary to obtain an IE Code.

Exemption of Import Export Code

Persons undertaking Import and Export in India for personal reasons and not connected to trade, agriculture and manufacture
The parties/individuals who import/export goods to/from Nepal and Myanmar with single consignment must not exceed the value of ₹25,000 through Indo-Myanmar border areas and China (via Namgaya Shipkila, Gunji, and Nathula ports)
As listed in appendix - 3, schedule 2 of ITC, exemption from obtaining IEC Code shall not be applicable for export of materials, organisms, special chemicals, equipments & technologies (SCOMET)
Ministries/departments of central and state governments.

The following permanent IEC numbers shall be used by non-commercial PSUs and categories of importers/exporters mentioned against them for import/export purposes.

S.No	Code Number	Categories of Importers / Exporters
1	0100000011	All Ministries / Departments of Central Government and agencies wholly or partially owned by them.
2	0100000029	All Ministries / Departments of any State Government and agencies wholly or partially owned by them.
3	0100000037	Diplomatic personnel, Counselor officers in India and officials of UNO and its specialised agencies.
4	0100000045	Indians returning from / going abroad and claiming benefit under Baggage Rules.
5	0100000053	Persons / Institutions / Hospitals importing or exporting goods for personal use, not connected with trade or manufacture or agriculture.
6	0100000061	Persons importing/exporting goods from/to Nepal
7	0100000070	Persons importing/exporting goods from/to Myanmar through Indo-Myanmar border areas
8	0100000088	Ford Foundation
9	0100000096	Importers importing goods for display or use in fairs/exhibitions or similar events under provisions of ATA Carnet. This IEC number can also be used by importers importing for exhibitions/fairs as per Para 2.29 of HBPv1.
10	0100000100	Director, National Blood Group Reference Laboratory, Bombay or their authorised offices.
11	0100000126	Individuals / Charitable Institution / Registered NGOs importing goods, which have been exempted from Customs duty under Notification issued by Ministry of Finance for bonafide use by victims affected by natural calamity.
12	0100000134	Persons importing/exporting permissible goods as notified from time to time, from/to China through Gunji, Namgaya Shipkila and Nathula ports, subject to value ceilings of single consignment as given in Para 2.8(iv) above.
13	0100000169	Non-commercial imports and exports by entities who have been authorised by the Reserve Bank of India (RBI).

Commercial public sector undertakings (PSU) who have obtained PAN will, however, be required to obtain the import export code number. The permanent IEC number as mentioned above shall be used by non-commercial PSUs.