IEC stands for Importer Exporter Code.It is used in Importing and Exporting goods in India.No export shall be made by any person without and IEC number unless specifically exempted
Yes,as per Government law,PAN is mandatory for getting IEC number.A photocopy of the PAN card has to be submitted along with application.
Yes,you can get IEC number without PAN card,if you have a PAN allotment letter form IT Department
No,you can get only one IEC number from a single PAN card
It usually takes 2-3 working Days to get an IEC number
You,may surrender the original IEC by fulfilling all pending Liabilities and filing a declaration to IEC issuing thath there is no obligation/Liability pending against him for any office of DGFT
Companies can obtain various benefits on their exports/imports from DGFT,customs and Export promotion council etc.
It is mandatory to have and IEC number for importing goods
All importers must mention their IE Code while clearing customs when their goods arrive in India. All exporters must mention their IE Code while exporting their goods and services from India. Additionally, now RBI requests person importing or exporting services to also mention IE Code in foreign remittances in bank account. Therefore, IE Code is required for anyone involved in import or export in India.
No,however the name of each concern owned by such a company may be included in the IEC of the firm in whose name PAN card exists
No,IEC is a permanent document issued to the Importer/Exporter only once and the same is not item based
No,you cannot apply for duplicate IEC number online
1. Digital Photograph
2. Copy of PAN Card
3. Identity Proof (Election ID / Aadhar Card / Passport / Driving License)
4. Sale Deed (in case of business premise is self owned)
5. Rental/Lease Agreement (In case of of rented/leased)
6. Cancel Cheque