Importer-Exporter Code

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  • What is Importer Exporter Code?

    All businesses engaged in importing and exporting goods must have an Importer Exporter Code (IEC). Without one, you cannot import or export. You don't need to be a registered entity to apply for one; you can apply even as an individual. The IEC does not apply to technology and services. However, it does in certain cases in which international trade is restricted, such as nuclear weapons and automatic guns. The IEC is a 10-digit code with permanent validity issued by the Directorate General of Foreign Trade.

  • What You Need To Know

    National Validity

    The IEC, once issued, is valid throughout the county, in all your branches or factories. It needs to be quoted while your goods go through customs and while sending money abroad or receiving money from abroad.

    No Filings Apply

    The IEC is just a code. Once you have it, you can begin importing and exporting. You don't need to file the transactions done under this code or pay any taxes.

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