IEC (Import Export Code) is mandatory for anyone who is looking to start his/her import/export business in India. It is issued by the DGFT (Director General of Foreign Trade). IEC is a 10-digit code which has lifetime validity.
All IEC holders are now legally required to update and validate their IEC Details, even if there are no changes, from April to June once every year through Online system, failing which their IEC shall be de-activated and no import or export activity will
be possible.
Yes, IEC number is reflected in all customs documents related to exports and imports.
IE Code is not a tax registration. However, certain customs duty may be levied depending on the product.
In the process of IEC modification, the required documents are namely:
- PAN Card of an individual/business entity for which IEC is being issued
- One valid E-mail ID
- Phone number of the applicant
No, the applicants don’t need to be physically present anywhere for the process. All you need is an internet connection in your Smartphone/Computer and the required documents with you. Online Legal India is a online platform where you can get the job
done no matters even if you are present at the remotest location of India.
You can visit here and check your IEC modification status once you complete the entire IEC modification procedure.
Yes! Your DSC is mandatory in case of your Mobile number is not linked with the Aadhaar card.
