#import export code registration

[ds14blogs]

Can I Use One IEC for Multiple Businesses?

More business owners and entrepreneurs are looking into import-export prospects as a result of India's increasing international trade. Getting the IEC Code, which stands for Import Export Code, is one of the first compliance procedures in this process. As startups develop, some entrepreneurs manage several firms and frequently inquire, "Can I use one IEC for multiple businesses?" In a nutshell, it relies on the structure of your companies. In addition to discussing compliance, updates, and situations when a second IEC may be required, this extensive book will explain the notion of IEC Code Registration, examine legal restrictions, and make clear how many enterprises you can operate under a single IEC Registration.

What is IEC Code and Why Is It Needed?

The Import Export Code (IEC) is a 10-digit unique id number issued by the Directorate General of Foreign Trade (DGFT) under the Ministry of Commerce & Industry, Government of India. It is mandatory for any individual or business entity involved in importing or exporting goods and services.

Importance of IEC Code:

Required for customs clearance at ports and airports.

Mandatory for processing foreign currency transactions via banks.

Enables access to export-related government schemes like RoDTEP and SEIS.

Legally recognizes your business in international trade.

Without proper IEC Code Registration, your international trade operations cannot legally proceed.

Knowing the Ownership Structure and IEC Allocation

The IEC Registration is PAN-based, meaning that it is issued per legal entity, not per business activity. Therefore, whether you can use one IEC for multiple businesses entirely depends on how those businesses are legally structured.

Scenario 1: Multiple Businesses Under One Legal Entity (Same PAN)

If you operate multiple business verticals or brands under the same legal entity and PAN, such as:

A sole proprietorship with multiple trade names

A private limited company with diverse product lines

An LLP running different services under the same roof

Then yes, one IEC is sufficient. Your IEC Code is tied to the PAN of your legal entity, and the nature of business or product types is not limited under the code.

Example: ABC Traders (proprietorship) sells textiles, handicrafts, and organic food under different brand names. Since all these operations fall under the same PAN, one IEC Code works for all.

Scenario 2: Multiple Legal Entities (Different PANs)

If you own different companies or firms that have separate PANs, each of them must apply for IEC Code Registration individually.

Why? Because IEC is issued based on the PAN of the entity. Each legal entity is considered a separate person under Indian law.

Example: Mr. Sharma owns two companies:

Sharma Exports Pvt Ltd

GreenTech Agro LLP

Each company has a distinct PAN. Therefore, both must apply for separate IEC Codes through individual Import Export Code Registration processes.

Scenario 3: Different Branches or Locations Under One Entity

If your company operates from multiple branches or cities, you do not need multiple IECs. The same IEC can be used across India. However, you may update branch details in your IEC Registration profile on the DGFT portal.

Tip: Use the IEC Update feature to add or modify branch addresses and bank details for smooth customs and banking operations.

Key Considerations Before Using One IEC for Multiple Businesses

While the law permits using one Import Export Code for all businesses under the same PAN, there are a few practical considerations:

1. Maintain Clear Records

Even if you use a single IEC across product categories or brands, you must maintain separate records for each vertical. This helps during audits, GST filings, and customs investigations.

2. Use Trade Name Carefully

If you're exporting under a different brand name, confirm the invoices and documents mention your legal entity name (as per PAN) along with the brand name.

3. Update Business Activities on DGFT

The DGFT portal allows you to update or add new business activities. Use the IEC Update feature to reflect changes in product types or services offered.

4. Confirm Bank and GST Linking

Confirm that the bank accounts and GSTINs linked to your IEC are updated. Mismatched details can delay shipping bill clearance or refund claims.

How to Apply for IEC Code Registration?

Here is the simplified process for Import Export Code Registration:

Step 1: Visit DGFT Portal

Go to the website  and register using your PAN.

Step 2: Fill Online IEC Application

Provide business details like entity name, PAN, contact info, and bank account.

Step 3: Upload Documents

Required documents include:

PAN card

Address proof

Cancelled cheque or bank certificate

Aadhaar card of applicant

Incorporation documents (for companies/LLPs)

Step 4: Pay Government Fee

The official fee for IEC application is ₹500, payable online.

Step 5: Receive IEC Certificate

Within 24–72 hours, the IEC Code is issued in digital format. It remains valid for life unless surrendered or canceled.

When Should You Consider Separate IEC Registrations?

Even though it’s legally allowed to operate multiple businesses under a single IEC Code, you may still choose to apply separately for strategic reasons.

Situations That Warrant Separate IECs:

Operating joint ventures with distinct partners

Risk mitigation: avoid compliance spillover from one business to another

Different export destinations and trade agreements

Branding or market segmentation strategy

Having separate IEC Registrations for different companies makes financial tracking, tax filing, and compliance easier in such cases.

What Happens If You Use One IEC Incorrectly Across PANs?

Using the same IEC Code for different businesses that have separate PANs is a serious violation of DGFT rules.

Consequences Include:

Cancellation of IEC

Customs penalties

Rejection of shipping bills or refunds

Suspension of foreign currency payments by banks

To remain compliant, confirm that your IEC Code Registration is aligned with the correct PAN and legal entity.

How to Manage Multiple Business Activities Under One IEC?

If you’re managing multiple business lines under the same entity, follow these best practices:

Segment accounting and invoicing for each business category.

Register multiple GSTINs for different branches and map them to the IEC.

Use DGFT’s IEC Update feature to revise business descriptions, addresses, or bank details when needed.

Communicate the correct IEC and PAN to your shipping partners and customs house agents.

Assumption

Your key to international trade is the IEC Code. Knowing how IEC Code Registration relates to your business structure is essential, regardless of whether you're managing several verticals or exporting a single product.  A single IEC registration is both acceptable and practicable if all of your business endeavors are under a single legal organization and PAN. Separate import-export code registrations are not only necessary, but legally essential when running different businesses with different PANs. Either way, make sure your trade operations match your registered credentials, adhere to compliance best practices, and constantly keep your IEC up to date. Your IEC Code can support several business concepts and enable you to grow globally without encountering any difficulties if it is set up properly.

FAQs

Can one person apply for multiple IECs?

Ans No. As per DGFT, one PAN can have only one IEC Code Registration.

Can a business have two IECs for different locations?

Ans  No. The same IEC can be used across India, regardless of location.

Do I need a new IEC if I change my business structure?

Ans  Yes, if your PAN changes (e.g., shifting from proprietorship to Pvt Ltd), you must apply for a new Import Export Code.

[bthawkapp]

Comprehensive Business Registration Services with BTHAWK

At BTHAWK, we understand that navigating the complexities of business registration can be challenging. That’s why we offer a range of services to simplify the process for you. Whether you're starting a new venture or looking to streamline your current operations, our expert team is here to help with various registration needs, ensuring compliance and smooth operation for your business.

BRN Number Registration

The BRN Number Registration is essential for businesses operating in certain regions. This unique identifier helps in tracking business activities and ensures compliance with local regulations. At BTHAWK, we provide efficient BRN Number Registration services to get your business up and running with minimal hassle.

Company Registration

Starting a new company? Our Company Registration services cover all the necessary steps to legally establish your business. From paperwork to compliance checks, BTHAWK ensures a seamless Company Registration process, allowing you to focus on your business's core activities.

Digital Signature Certificate

In today’s digital age, a Digital Signature Certificate is crucial for secure online transactions and document signing. BTHAWK offers streamlined services for obtaining a Digital Signature Certificate, ensuring your documents are authenticated and your transactions are secure.

FSSAI Registration

For businesses in the food industry, FSSAI Registration is mandatory. This certification ensures that your food products meet safety and quality standards. Our FSSAI Registration services at BTHAWK help you navigate the regulatory requirements and obtain the necessary approvals efficiently.

Import Export Code Registration

Expand your business globally with an Import Export Code Registration. This code is essential for engaging in international trade and is required for importing and exporting goods. BTHAWK provides comprehensive assistance for Import Export Code Registration, facilitating your entry into global markets.

Limited Liability Company Registration

Opt for Limited Liability Company Registration if you want to limit personal liability while enjoying the benefits of a corporate structure. Our team at BTHAWK specializes in Limited Liability Company Registration, ensuring all legal requirements are met for a smooth setup.

MSME Udyam Registration

MSME Udyam Registration offers numerous benefits to micro, small, and medium enterprises, including access to subsidies and financial assistance. BTHAWK simplifies the MSME Udyam Registration process, helping your business gain the recognition and support it deserves.

Private Limited Company Registration

For a more flexible and scalable business structure, consider Private Limited Company Registration. This structure offers limited liability protection and can attract investors more easily. BTHAWK provides expert services for Private Limited Company Registration, guiding you through each step.

Trade License

A Trade License is crucial for conducting business legally within a specific locality. It ensures that your business complies with local regulations and is authorized to operate. BTHAWK assists with obtaining a Trade License, making sure you meet all necessary legal requirements.

Udyam Registration

Similar to MSME registration, Udyam Registration is essential for businesses seeking to benefit from government schemes and incentives. BTHAWK offers efficient services for Udyam Registration, helping your business leverage opportunities for growth and development.

[dryfishexporter]

Dry fish exports business in Gujarat, India

The dry fish export business in Gujarat, India, has been thriving for many years, with a large number of exporters located throughout the state. Known for its high-quality exports, Gujarat is a hub of activity for those involved in the dry fish trade.

The process of exporting dry fish from Gujarat involves a number of steps, starting with the catch itself. Fishermen venture out into the Arabian Sea in search of a variety of fish, including mackerel, tuna, and sardines. Once caught, the fish are carefully cleaned and salted before being left to dry in the sun. This process can take several days, depending on the weather conditions.

[e-startupindia1]

US FDA suspend eye product Indian Company

The United States Food and Drug Administration (FDA), founded in 1906, is the federal agency presently in charge of enforcing the requirements of the Federal Food and Drugs Act. The Food and Drug Administration (FDA) is one of the world’s oldest organisations committed to consumer protection. As a result, gaining certification from the US Food and Drug Administration is not only a valuable asset, but also a must for starting the process of extending your business in the United States of America. Following an examination of the items by an FDA representative, the FDA will deliver Form 483 for FDA Certification of the products. . A US FDA Certification is a document that certifies that your product is safe and effective for use. The U.S. FDA to ensure that products, particularly those related to food, drugs, medical devices, biologic, and cosmetics, meet certain standards of safety, efficacy, and quality. . It also indicates that the items being exported to the United States of America are made in conformity with the FDA Guidelines for Current Goods Manufacturing Practices (CGMP). . All enterprises in India that make food, pharmaceuticals, medical devices, or cosmetics must be certified by the US Food and Drug Administration to export their products in the USA along with having Import Export Code Registration. . You won’t be allowed to sell your product in the United States market until it has been approved by the Food and Drug Administration via US FDA Certification.

Why did the US FDA recalled eye drops?

. Lack of acceptable microbiological testing, . Formulation concerns (the business manufactures and distributes ophthalmic medications in multi-use bottles, without a suitable preservative), . and a lack of basic controls for tamper-evident packaging

These are all reasons the FDA implied recalling the eye drops. Furthermore, The reason was infections with drug-resistant bacteria, which caused irreversible visual loss in many persons.

You can understand the detailed process at: How to Get US FDA Certificate in India?

CDSCO starts probe on eye drops manufacturing company “CDSCO and TN State Drug Controller teams (three people each) are on their way to the manufacturing factory in Chennai. It’s a contract manufacturing facility that supplies the US market through others. This particular medicine is not offered in India “It was said. If the CDSCO has initiated a probe into an eye drops manufacturing company, it is likely that the investigation will focus on aspects such as: 1.Good Manufacturing Practices 2.Product Quality 3.Product Quality 4.Compliance with Regulations . 5.Adverse Events Reporting

If you want any other guidance relating to the US FDA Certification, please feel free to talk to our business advisors at 8881-069-069.

Visit Here for more information https://www.e-startupindia.com/

[legalconsultancy]

IEC Code Online: Step-by-Step Instructions

What is an Import Export Code (IEC)?

An Import Export Code (IEC) is a 10-digit unique identification number issued by the Directorate General of Foreign Trade (DGFT), a part of the Indian government. It is mandatory for any individual or business entity wishing to engage in import and export activities in India. This code serves as a primary document for customs authorities to track and monitor international trade transactions.

How to apply for an IEC code online?

To apply for an IEC code online in India, you need to visit the DGFT's official website and fill out the required application form. You will need to provide essential documents and information, such as PAN (Permanent Account Number), bank details, and a valid address proof. After submission, you will receive a unique IEC code, typically within 1-2 business days.

Eligibility criteria for obtaining an IEC code in India:

The eligibility criteria for obtaining an IEC code in India are quite liberal. Individuals, partnerships, companies, and LLPs (Limited Liability Partnerships) can all apply for an IEC code. There is no need to demonstrate specific turnover or export-import experience to be eligible.

Process for IEC code registration:

The process for Import Export Code registration involves the following steps:

a. Visit the DGFT website.

b. Complete the online application form.

c. Upload the necessary documents.

d. Pay the prescribed fees.

e. Wait for processing and approval.

f. Receive the IEC code via email.

Are there any fees associated with IEC code registration?

Yes, there are fees associated with Import Export Code registration, which may vary depending on the entity type. These fees can be found on the DGFT website and are subject to change over time.

Penalties for not having or not renewing an IEC code:

Yes, there can be penalties for not having or renewing an IEC code. Importing or exporting goods without a valid IEC code can result in legal consequences and fines. It's crucial to ensure that your IEC code remains valid and up to date.

Benefits of having an IEC code for exporters and importers:

The benefits of having an IEC code for exporters and importers include:

Facilitating international trade transactions.

Enabling access to various government incentives and benefits.

Streamlining customs clearance processes.

Establishing credibility in the international market.

Some tips for maintaining and managing your IEC code effectively:

To manage your IEC code effectively, consider the following tips:

Keep it up to date by renewing it as required.

Maintain accurate records of your import-export transactions.

Notify the DGFT of any changes in your business details promptly.

Be aware of and comply with any changes in import-export regulations.

Conclusion:

An Import Export Code (IEC) is a crucial requirement for anyone involved in import and export activities in India. Obtaining and maintaining an IEC code is relatively straightforward, and it offers numerous benefits to exporters and importers, such as simplifying customs procedures and gaining access to government incentives. It's essential to stay compliant with IEC regulations to avoid penalties and ensure a smooth international trade experience.

[abhirathoremanyu]

Get your IEC Certificate in just 1 hour.

IEC Registration is mandatory to start export import business In India.

Connect with Business Babu today to start your exim venture.

Contact BusinessBabu.in on hello@businessbabu.in

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OUTBAY

[varun--123]

Common Mistakes to Avoid When Applying for an Import-Export Registration

Incorrect or Incomplete Documentation – Ensure all required documents, such as PAN, Aadhaar, bank details, and business proof, are correctly filled and submitted. Errors can lead to rejection.

Wrong Business Structure Selection – Choose the right business entity (proprietorship, partnership, LLP, or Pvt Ltd) as changing it later can be difficult.

Ignoring IEC Code Requirements – The Import Export Code (IEC) is mandatory. Applying without verifying its necessity for your business can cause delays.

Mismatch in Bank Details – Ensure your bank details match your application details to avoid transaction issues.

Providing an Incorrect HS Code – The wrong Harmonized System (HS) code can result in customs clearance problems and penalties.

Failure to Check Legal Compliance – Neglecting DGFT, customs, and GST compliance can cause legal complications later.

Using a Personal Email/Phone Number – Always use official business contact details for better communication and professionalism.

Skipping Registration with Export Promotion Councils – Registering with the relevant council can provide benefits and incentives for your business

For more information, please visit our website Udyog Suvidha Kendra

[setupfiling]

Import Export Code Registration

Import Export Code (IEC) registration is a 10-digit unique identification number issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce, and Government of India. This code is mandatory for anyone looking to engage in import and export activities in the country.

[somyakadam1234]

Documents Required for Import-Export Registration

An Importer-Exporter Code (IEC) is a 10-digit alphanumeric code that is required for importing or exporting goods and services in and out of India. IEC may be applied on behalf of a firm which may be a Proprietorship, Partnership, LLP, Limited Company, Trust, HUF, or Society. The firm must have a PAN, a bank account in the name of the firm, and a valid address before applying. The address may be physically verified by the DGFT on issuance of the IEC. Please keep your PAN, bank details, and firm details ready before applying.

Different documents are required by different entities to get the IEC code and these are given below.

Proprietorship:

Digital Photograph (3x3cms) of the Proprietor.

Copy of PAN card of the Proprietor.

Copy of Passport (first & last page)/Voter’s I-Card/ Driving Licence/UID (Aadhar card) (any one of these)

Sale deed in case business premise is self-owned; or Rental/Lease Agreement, in case of office is rented/ leased; or latest electricity /telephone bill.

Bank Certificate as per ANF 2A(I)/ Cancelled Cheque bearing pre-printed name of the applicant and A/C No.

Partnership firm: 

Digital Photograph (3x3cms) of the Managing Partner.

Copy of PAN card of the applicant entity.

Copy of Passport (first & last page)/Voter’s I-Card /UID (Aadhar Card) /Driving Licence/PAN (any one of these) of the Managing Partner signing the application.

Copy of Partnership Deed.

Sale deed in case business premise is self-owned; or Rental/Lease Agreement, in case of office is rented/ leased; or latest electricity /telephone bill.

Bank Certificate as per ANF 2A (I)/Cancelled Cheque bearing pre-printed name of the applicant entity and A/C No.

LLP or Private Limited Company or Section 8 Company:

Digital Photograph (3x3cms) of the Designated Partner/Director of the Company signing the application.

Copy of PAN card of the applicant entity.

Copy of Passport (first & last page)/Voter’s I-Card /UID (Aadhar Card) /Driving Licence/ PAN (any one of these) of the Managing Partner/Director signing the application.

Certificate of incorporation as issued by the RoC

Sale deed in case business premise is self-owned; or Rental/Lease Agreement, in case of office is rented/ leased; or latest electricity or telephone bill.

Bank Certificate as per ANF 2 A(I)/Cancelled Cheque bearing pre-printed name of the company and A/C No.

Society or Trust:

Digital Photograph (3x3cms) of the signatory applicant/Secretary or Chief Executive.

Copy of PAN card of the applicant entity.

Copy of Passport (first & last page)/Voter’s I-Card /UID (Aadhar Card) /Driving Licence/ PAN (any one of these) of the Secretary or Chief Executive/ Managing Trustee signing the application.

Sale deed in case business premise is self-owned; or Rental/Lease Agreement, in case of office is rented/ leased; or latest electricity /telephone bill.

Registration Certificate of the Society / Copy of the Trust Deed

Bank Certificate as per ANF 2A(I)/Cancelled Cheque bearing pre-printed name of the Registered Society or Trust and A/C No.

HUF:

Digital Photograph (3x3cms) of the Karta.

Copy of PAN card of the Karta.

Copy of Passport (first & last page)/Voter’s I-Card/ UID (Aadhar card)/ Driving Licence (any one of these) of the Karta.

Sale deed in case business premise is self-owned or Rental/Lease Agreement, in case office is rented/ leased or latest electricity /telephone bill.

Bank Certificate as per ANF 2A(I)/ Cancelled Cheque bearing pre-printed name of the applicant and A/C No.

[ds14blogs]

Import Export Code (IEC) Registration: Eligibility & Requirements

Businesses now need to adhere to international trade regulations because of India's growing worldwide trade. Getting the IEC Code is the first step for every business, whether it is an established company venturing into the import-export industry or an entrepreneur seeking to investigate new international markets. The Directorate General of Foreign Trade (DGFT) issues the Import Export Code, which serves as a special identifying number for companies conducting cross-border trading. A legal and essential prerequisite for any Indian company that imports or exports goods or services is IEC Code Registration. The IEC Registration procedure, eligibility requirements, necessary paperwork, and how frequent IEC updates guarantee smooth international trade compliance are all covered in this extensive handbook.

What is an IEC Code?

The Import Export Code (IEC) is a 10-digit alphanumeric code issued by the DGFT under the Ministry of Commerce and Industry, Government of India. It is mandatory for every individual or business engaged in the import or export of goods and services from India.

Without valid Import Export Code Registration, businesses cannot:

Clear shipments through customs

Receive foreign currency payments

Avail export subsidies or benefits under foreign trade policies

Hence, IEC Code Registration not only confirms compliance but also increases a business’s credibility in global markets.

Why is IEC Code Important?

IEC acts as the passport for international trade. Here's why it is essential:

Customs Clearance: IEC is mandatory for clearing shipments at Indian ports and airports.

Banking Compliance: Banks require IEC to authorize foreign remittances for import/export transactions.

Trade Benefits: Entities with IEC can avail benefits under various government schemes like RoDTEP, MEIS, and SEIS.

Global Expansion: It facilitates expansion to international markets and builds trust with foreign buyers or sellers.

Without IEC Registration, even the most promising international deals can hit a regulatory roadblock.

Who Needs IEC Code Registration?

IEC Registration is required by:

Businesses involved in the import of goods or services

Exporters of physical goods or digital services

Proprietors, partnerships, LLPs, companies, trusts, or HUFs engaged in cross-border trade

E-commerce sellers shipping internationally

Note: Even if you are a freelancer providing services abroad and receiving foreign currency payments, you must obtain an IEC.

Who Is Exempted from IEC Registration?

While most businesses involved in import/export activities must have an IEC, the following are exempted:

Departments and ministries of the Central or State Government

Individuals importing or exporting goods for personal use unrelated to trade or manufacturing

Import/export activities covered under special categories like the diplomatic corps or defense-related imports

For all others, especially businesses, Import Export Code Registration is non-negotiable.

IEC Code Registration Eligibility Criteria

There are no complex eligibility conditions, making IEC Registration simple and accessible. However, applicants must make certain:

Valid PAN: The applicant (individual or entity) must have a valid Permanent Account Number (PAN).

Business Registration: If applying as an organization, it must be legally registered under applicable Indian laws.

Bank Account: A current bank account in the entity’s name (matching PAN) is required.

Operational Premises: The business must have a valid address with supporting proof.

Digital Signature (DSC): For companies and LLPs, DSC is mandatory for online filing.

There is no minimum turnover requirement, and even startups or freelancers can apply for an Import Export Code.

How to Apply for Import Export Code Registration: Step-by-Step Process

The Import Export Code Registration process is completely online and user-friendly. Follow these steps:

Step 1: Visit the DGFT Portal

Go to the  website .

Create a new user account if not already registered

Step 2: Choose IEC Application

Login to your account

Go to the ‘Services’ section and select ‘Apply for IEC’

Step 3: Fill in Business Details

Provide accurate details about your business, including:

Name of applicant/entity

PAN and address

Bank details

Type of business (proprietor, firm, company, etc.)

Step 4: Upload Required Documents

Confirm that all supporting documents (PAN, address proof, canceled cheque, etc.) are scanned and ready for upload in the prescribed format.

Step 5: Payment of IEC Registration Fee

Pay the application fee (INR 500 as of the latest notification) online via net banking or UPI.

Generate payment acknowledgment.

Step 6: Submit the Application

Once everything is verified, submit the application.

Upon approval, you will receive the IEC Code digitally, usually within 1-2 working days.

Recognizing IEC Update Requirements

Once you receive your IEC, it is valid for a lifetime and does not require renewal. However, as per recent changes introduced by DGFT:

Annual IEC Update Is Mandatory

From 2021 onward, all IEC holders must update their IEC information annually—even if no changes have occurred.

Key Points:

The IEC update must be done between April and June each year.

Failure to update will result in deactivation of the IEC.

Reactivation can be done later by submitting the update form.

This mandatory IEC update confirms that DGFT has up-to-date and accurate information for all entities involved in import/export.

Common Mistakes to Avoid During IEC Code Registration

Here are some frequent errors to watch out for:

Entering incorrect PAN or business details

Uploading documents in the wrong format or file size

Using a bank account not in the name of the entity

Missing the IEC update deadline after issuance

These mistakes can delay the approval or lead to rejection. Confirm complete and accurate information before submitting.

IEC Code for Service Exporters

Many people believe that IEC Code Registration is only for physical goods. However, that is not true. Service providers, freelancers, software developers, digital marketers, and consultants who receive foreign currency payments for services are also required to have an IEC Code. This enables them to receive foreign remittances legally and participate in global freelancing and service marketplaces.

Assumption

In India, the IEC Code is an essential component of every import-export enterprise. Timely IEC Code Registration guarantees compliance, eligibility for government advantages, and continuous cross-border trade, regardless of the size of your business. The procedure is simple, requires little paperwork, and may be finished online. Don't forget to update your IEC every year; doing so confirms smooth operations and keeps your company in compliance with changing requirements. Getting and keeping a valid Import Export Code opens the door to international business expansion in addition to fulfilling legal obligations.

FAQs on IEC Registration

Q1. Is GST mandatory for IEC Code Registration? Ans No. While GST can be added to the IEC profile, it is not mandatory for the IEC application.

Q2. Can one IEC be used for multiple branches or locations? Ans  Yes. One IEC can be used across all branches of the same entity. However, address details must be added in the profile.

Q3. What is the validity of the IEC Code? Ans  IEC is valid for life. Only an annual IEC update is required every year between April and June.

Q4. Is there any penalty for not updating IEC? Ans  Non-updated IECs are deactivated and cannot be used until reactivated. No monetary penalty is levied but it may delay trade.

[ykgglobal]

Import Export IEC Code Registration Consultants in India | DGFT Services

Import Export Code (IEC) registration is a must for businesses engaged in international trade in India. Issued by the Directorate General of Foreign Trade (DGFT), the unique 10-digit code ensures smooth import and export operations. At YKG Global, we provide expert IEC registration consultancy, guiding you through the entire process with ease. Our team handles documentation, ensures timely submissions, and minimizes compliance risks, making the process hassle-free. Whether you're starting or expanding your global trade, our tailored solutions cater to your needs. Trust YKG Global for reliable, cost-effective DGFT services and focus on growing your business. Start your global trade journey today!

[import-export12]

Import Export Registration

An Importer-Exporter Code (IEC) is a 10-digit alphanumeric code that is required for importing or exporting goods and services in and out of India. IEC may be applied on behalf of a firm which may be a Proprietorship, Partnership, LLP, Limited Company, Trust, HUF, Society. Firm must have a PAN, bank account in the name of the firm and a valid address before applying. Address may be physically verified by the DGFT on issuance of the IEC. Please keep your PAN, bank details and firm details ready before applying.

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KVR TAX Services is the Udyam Registration services in Hyderabad. Apply now for the new udyam aadhar registration, in Gachibowli, Flimnagar, Kondapur, Lingampally.

[legalconsultancy]

Are you ready to take your business to new heights by tapping into the international market? Look no further than Import Export Code Registration, your passport to seamless global trade.Expand Your Horizons: With Import Export Code, you gain access to a world of possibilities. Reach out to new markets, source products globally, and increase your business's global footprint. Why wait, contact us today.