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Biz Registration provides information and services concerning Import Export Code Registration.
In order to import or export goods and/or services into India, all businesses, whether they are local or foreign, are required to obtain an Import Export Code / IEC registration with DGFT. This is a ten-digit number issued by the Directorate General of Foreign Trade under the Ministry of Commerce and Industry to register any legitimate person or company for the purpose of import-export transactions. The goods imported into your business will be assigned this code, making it easy for government officials to identify the proper paperwork for customs clearance.
Importers are not permitted to proceed without this code, and exporters are not permitted to benefit from DGFT, customs, or the Export Promotion Council if they do not have this code. You do not have to be a registered entity to apply for an import-export code; you can apply as an individual as well.
Getting a trade license to start exporting your products is easy! Import Export Code (IEC) Registration is the first step in getting your license, and can be completed in as little as two business days. Simply submit documents like your bank details and DSC number, then register online with the Directorate General of Foreign Trade to get your IEC.
Excepted from IEC registration is individuals who import and export goods for personal reasons unrelated to trade, agriculture, or manufacturing. Parties/individuals who import/export goods to/from Nepal and Myanmar with a single consignment must not exceed the value of 25,000 through Indo-Myanmar border areas and China.
NOTE- Exemptions shall not be applicable for the export of materials, organisms, special chemicals, equipment and technologies, as listed in the appendix - 3, schedule 2 of ITC SCOMET).
Get your IMPORTER EXPORTER CODE with Biz Registration within 2 days at ₹ 1599/-
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