Import Export (IE) Code is a registration required for persons importing or exporting goods and services from India. IE Code is issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industries, Government of India. IE Codes when issued can be used by the entity throughout its existence and doesn’t require any renewal or filing. Therefore, it is recommended for most organizations to obtain IE Code, irrespective of if they need it at the moment.
Key Features of Import Export Code
- Importers Require IE Code.
- Exporters Require IE Code.
- Lifetime – NO Renewal.
- No Return Filing.
- Proprietors can have IE Code.
- Quick Processing.
IEC stands for Import Export Code.It is used in Importing and Exporting goods in India.No export shall be made by any person without and IEC number unless specifically exempted.
IE Code application must be made to the Directorate General of Foreign Trade along with the necessary supporting documents. Once, the application is submitted, DGFT will issue the IE Code for the entity in 15 – 20 working days or less.