Import Export Code


Import Export Code or IE Code is required for undertaking import of export transactions and availing benefits under schemes like SEIS or MEIS.

 


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    IE Code

    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 don'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.
    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 the Same day.

    Need For IE Code

    No Return Filing

    IE Code does not require the filing of any return. Once, an IE Code is issued there are no further procedures required to maintain validity of the IE Code. Even if import or export transactions occur, there are no filings required to DGFT.

    Proprietors Can Have IE Code

    Even individuals who are proprietors of a business can obtain IE Code in their name. It is not necessary to incorporate a business entity for obtaining IE Code.

    Exporters Require IE Code

    All Exporters who export goods or services from India require an IE Code. The IE Code must be quoted while sending shipments. And banks require the exporters IE Code while receiving money from abroad.

    Lifetime Validity

    IE Code is issued for the lifetime of the entity and requires no renewal. So once a IE Code is obtained, it can be used by that entity for all its import or export transactions without any further hassles.

    IE Code Registration Process

    Application Preparation

    IE Code Application in the prescribed format along with the necessary supporting documents and obtain your signature in the application.

    Application Processing

    Once the application is prepared, IndiaFilings will submit the IE Code Application to the Directorate General of Foreign Trade for further processing and allotment of IE Code.

    IE Code Allotment

    Once the application and the attached supporting documents are verified, the Directorate General of Foreign Trade will allot a IE Code for your business.

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