The full form of IEC is Importer- Exporter Code. IEC is regarded as a key business identification number that is compulsory for the purpose of export from India as well for the purpose of import to India. Without having an IEC no export as well as import must be made by any person.
Any person/business trying to kick start his export/import business is required to get IEC number.
We take 2- 3 working days to process the IEC code for you/your firm.
Yes after the introduction of the GST the name number would be considered for the IEC.
No, a person is not eligible to import goods in India without having an IEC Code.
The validity of IEC Code remains for its lifetime unless and until one’s cancelled it.
No, there is no need for a customer to start a company to apply for an IEC certificate.
No. IEC is a mandatory document for recognition by govt. of India as exporter/importer. However, if the value of goods is very low, the concerned customs officer may permit the first export (only one time) by imposing penal charges.
