Import Export Code (IEC): Lifetime DGFT Trade Code Guide

The Import Export Code (IEC) is a 10-digit unique registration number issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industry. It is mandatory for any individual, firm, or company importing goods into India or exporting goods and services out of India.

When is IEC Required?

1. Customs Clearance: Customs authorities require IEC to clear incoming or outgoing commercial shipments at ports and airports. 2. Bank Remittances: Banks require IEC to process foreign inward wire transfers or remit payments abroad to overseas suppliers.

Key Features of IEC Code

- Lifetime Validity: IEC has permanent lifetime validity and does not require periodic renewal. - Mandatory Annual Update: DGFT mandates that every IEC holder update or confirm business details online between April and June every year. - PAN-Based Code: The IEC number is identical to the entity's 10-digit PAN card number.

Documents Required for IEC Application

1. PAN Card of Entity / Proprietor. 2. Aadhaar Card / Passport of Applicant. 3. Pre-printed Cancelled Cheque or Bank Certificate showing entity account number. 4. Business Premises Address Proof (Utility bill / Rent Agreement / NOC).

SRI Filing processes your DGFT IEC application online with Digital Signature / Aadhaar OTP verification, delivering your official IEC Certificate within 3–5 working days.