The Import Export Code (IEC) is a 10-digit code issued by the Directorate General of Foreign Trade (DGFT). It is mandatory for anyone importing or exporting goods from India, and is required for services exporters who want to claim benefits under the Foreign Trade Policy. The IEC is linked to the business's PAN and has lifetime validity.
Who Needs an IEC
- Importers clearing goods through customs
- Exporters shipping goods out of India and receiving foreign payments
- Service exporters claiming Foreign Trade Policy benefits
- Businesses selling internationally through e-commerce platforms
Exemptions
- Import or export for personal use, not connected with trade or business
- Government ministries and departments, and notified charitable organisations
- Certain other categories specified by DGFT, which use specified permanent IEC numbers
Benefits
- Expand into international markets
- Claim export incentives and benefits under the Foreign Trade Policy
- No periodic return filing
- Lifetime validity, subject to annual updation
Documents Required
- PAN of the entity or individual
- Identity and address proof of the proprietor, partners or directors
- Proof of business address (rent agreement, sale deed or utility bill)
- Cancelled cheque or bank certificate
- Incorporation certificate or partnership deed, as applicable
Process
- Register on the DGFT portal using PAN, mobile number and email
- File the online application in Form ANF-2A with business and bank details
- Upload documents and pay the government fee online
- Sign with a DSC or Aadhaar-based e-signature
- The IEC is generated electronically, usually within a few working days
Annual Updation
Every IEC holder must confirm or update their IEC details on the DGFT portal each year between April and June, even if nothing has changed. An IEC that is not updated is deactivated until the update is completed.
Frequently Asked Questions
Is a separate IEC required for import and export?
No. A single IEC covers both imports and exports.
Does GST registration replace the IEC?
No. The IEC remains a separate registration with DGFT, even if you are registered under GST.
Does each branch need a separate IEC?
No. One IEC is issued per PAN, and branches are added to the same IEC.