What is Import Export Code (IEC) in Mulangodi?

Import Export Code (IEC) is a 10-digit identification number issued by the Directorate General of Foreign Trade (DGFT) and is mandatory for businesses involved in importing or exporting goods and services from Mulangodi.

Is IEC registration mandatory for import and export in Mulangodi?

Yes. IEC registration is mandatory for importing or exporting goods or services, except for exempted categories such as government departments and individuals importing goods for personal use.

Who can apply for IEC registration in Mulangodi?

Proprietorships, partnerships, LLPs, companies, trusts, and individuals engaged in international trade in Mulangodi can apply for IEC registration.

What documents are required for IEC registration?

PAN card, Aadhaar card, address proof, bank account details, cancelled cheque, and a valid email ID and mobile number are required for IEC registration.

How long does it take to get an IEC in Mulangodi?

IEC registration is generally completed within 1 to 3 working days after successful document submission and verification.

Is IEC registration a one-time process?

Yes. IEC is issued for a lifetime, although annual confirmation or updates on the DGFT portal may be required.

Can IEC be modified or updated later?

Yes. IEC details such as address, bank account, or contact information can be updated online through the DGFT portal.

Is GST registration mandatory for IEC?

GST registration is not mandatory for IEC registration but may be required depending on the type of goods or services being imported or exported.

Can one person have multiple IECs?

No. Only one IEC is allowed per PAN. Multiple IECs for the same PAN are not permitted.

How can Udyog Suvidha Kendra help with IEC registration in Mulangodi?

Udyog Suvidha Kendra offers complete IEC registration support including documentation, DGFT filing, verification, and post-registration assistance to ensure a smooth process.

Import Export Licence Registration in Mulangodi, Process, Steps and Benefits

Name: Import Export Registration in Mulangodi
Brand: Udyog Suvidha Kendra
SKU: USK-IEC-2026
Price: 2699 INR
Availability: InStock
Rating: 4.9 (9768 reviews)

3D illustration of Import Export Code concept

OVERVIEW

What is the Import Export Code?

The Importer Exporter Code (IEC) is a unique 10-digit identification number issued by the Directorate General of Foreign Trade (DGFT) under the Ministry of Commerce, Government of India. It is a mandatory requirement for any business entity involved in importing or exporting goods and services from India. The IEC serves as the primary identifier for these transactions and is essential for businesses to engage in international trade. The process of obtaining an IEC is straightforward, and once issued, it is valid for the lifetime of the entity without the need for renewal. This ensures that businesses can operate seamlessly without the hassle of periodic renewals. The IEC not only facilitates smoother trade transactions but also helps businesses establish their presence in the global market, enabling them to expand their operations beyond national borders.

LIFETIME VALIDITY

What is the Validity of Import Export License?

The Importer Exporter Code (IEC) comes with a significant advantage: Lifetime Validity. Once issued by the DGFT, it requires no renewal, ever.

One-time Registration: Save time and effort on periodic renewals.
Cost Effective: No recurring government fees for maintenance.
Hassle-Free: Focus on your business, not on compliance deadlines.

3D illustration of IEC Lifetime Validity

ELIGIBILITY

Eligibility Criteria for
Import Export Registration in Mulangodi

Who can apply for IEC?

Legal Entity

Proprietorship, Partnership, LLP, Company, Trust, HUF, or Society.
PAN Card

Valid Permanent Account Number (PAN) issued by Income Tax Dept.
Bank Account

Current bank account in the name of the entity.
Required Documentation

Identity proof, address proof, and proof of establishment must be submitted as per the entity type.
Single IEC Rule

An entity cannot apply for a new IEC if an IEC is already issued against the same PAN.

3D illustration of IEC Eligibility Criteria

When is IEC Not Mandatory?

Personal Use: Goods imported/exported for personal use not connected with trade/manufacture.
Government Entities: Ministries and departments of Central or State Government.
DGFT-Specified Exemptions: Certain entities or transactions exempted under the Foreign Trade Policy.
Relief Imports: Imports by charitable organizations for disaster relief or emergency aid.

Exemptions

Government Departments: Central and State Government ministries and departments.
Personal Non-Commercial Trade: Imports/exports for personal use not linked to business or agriculture.
Charitable Organizations: Relief and aid imports during natural calamities or emergencies.
Foreign Trade Policy Exemptions: Categories exempted under FTP provisions notified by DGFT.
Special DGFT Relaxations: Case-specific exemptions granted by DGFT.

CHECKLIST

Documents Required for
Import Export Registration in Mulangodi

Different documents are required by different entities to get IEC code. Find your checklist below.

Proprietorship

Digital photo
PAN card
ID proof – Passport / Voter ID / Aadhaar / Driving Licence
Office address proof – sale deed / rent agreement / electricity or phone bill
Bank certificate or cancelled cheque with name & account number

Partnership Firm

Photo of managing partner (3×3 cm)
PAN card of partnership firm
ID proof of managing partner – Passport / Voter ID / Aadhaar / DL / PAN
Partnership deed
Office address proof – sale deed / rent agreement / electricity or phone bill
Bank certificate or cancelled cheque of firm

LLP / Pvt. Ltd. / Section 8

Photo of designated partner / director (3×3 cm)
PAN card of company / LLP
ID proof of signatory – Passport / Voter ID / Aadhaar / DL / PAN
Certificate of Incorporation (RoC)
Office address proof – sale deed / rent agreement / electricity or phone bill
Bank certificate or cancelled cheque of company

Society or Trust

Photo of secretary / chief executive (3×3 cm)
PAN card of society / trust
ID proof of signatory – Passport / Voter ID / Aadhaar / DL / PAN
Registration certificate / trust deed
Office address proof – sale deed / rent agreement / electricity or phone bill
Bank certificate or cancelled cheque of society / trust

HUF

Digital photo of Karta (3×3 cm)
PAN card of Karta
ID proof of Karta – Passport / Voter ID / Aadhaar / DL
Address proof – sale deed / rent agreement / electricity or phone bill
Bank certificate or cancelled cheque with name & account number

ADVANTAGES

Benefits of Import Export Code

1. Expansion of Business

Global Market Access: Expand operations to international markets.
New Opportunities: Explore new product lines and global partnerships.

2. No Return Filing

Simplified Compliance: No periodic returns required.
One-Time Registration: Valid for lifetime, no renewal needed.

3. Government Benefits

Export Schemes: Access to MEIS, SEIS schemes.
Customs Clearance: Mandatory for smooth customs processing.

4. Banking Facilitation

Foreign Transactions: Required for sending/receiving foreign currency.

5. Recognition & Credibility

Official Recognition: Legitimate importer/exporter status.
Brand Image: Enhances global trust.

6. Reduced Illegal Activity

Compliance: Adherence to trade regulations.
Transparency: Helps track and regulate trade.

RESTRICTIONS

Restricted Goods in India

Items requiring special permission or licensing

Agricultural

Seeds: Certain seeds require permission from the Ministry of Agriculture. Pesticides and Insecticides: Import and export are restricted and require approval from the Central Insecticides Board and Registration Committee.

Animal Products

Live Animals: Import/export of live animals requires clearance from the Animal Quarantine and Certification Services. Meat and Meat Products:Restricted and require a sanitary permit from the Export Inspection Council.

Chemicals

Toxic Chemicals: Import/export of toxic chemicals is regulated and requires permission from the Ministry of Environment and Forests. Ozone Depleting Substances: Restricted and require clearance from the Directorate General of Foreign Trade (DGFT).

Drugs & Pharma

Narcotic Drugs: Import/export of narcotic drugs requires approval from the Narcotics Control Bureau. Medicines and Pharmaceuticals: Restricted items require clearance from the Drug Controller General of India

Precious Metals

Gold and Silver: Import/export of gold and silver is restricted and requires permission from the DGFT. Diamonds: Certain types of diamonds require specific permissions.

Electronics

Cryptographic Devices: Import/export of cryptographic devices is restricted and requires clearance from the Ministry of Electronics and Information Technology. Drones and UAVs:Import/export of drones and Unmanned Aerial Vehicles (UAVs) require permission from the DGFT and the Directorate General of Civil Aviation (DGCA).

Arms & Ammo

Firearms: Import/export of firearms is highly restricted and requires approval from the Ministry of Home Affairs. Ammunitions: Similar to firearms, the import/export of ammunitions requires specific permissions.

Automobiles and Vehicle Parts

Vintage Cars:Import of vintage cars requires permission from the DGFT. Vehicle Components:Certain vehicle components and spare parts may be restricted and require specific licenses.

Textiles and Garments

Wool and Woolen Products: Import/export of certain wool and woolen products may require specific licenses. Silk:Silk products may be restricted and require clearance from the DGFT.

Miscellaneous Goods

Antiques: Import/export of antiques is restricted and requires clearance from the Archaeological Survey of India. Cultural Artifacts:Cultural artifacts also require permission from the Ministry of Culture.

STEP BY STEP

How to Apply for Import-Export License Online

Visit DGFT Portal

Visit the online portal of DGFT. Click on the ‘Apply for IEC’ tab.

Fill Applicant Details

Fill up details (Name, mobile, email). Enter OTP sent to mobile and click ‘Submit’.

Enter Business Details

Submit business details (Establishment date, PAN, account details). Click ‘Submit’.

Pay Application Fee

Pay the requisite IEC application fee via electronic fund transfer.

Upload Required Documents

After payment, upload the digital copies of the required documents.

Submit Application Form

Submit the completed form. An Ecom Reference Number will appear on screen.

Print & Submit to DGFT

Print the form and submit it to the DGFT office in your jurisdiction.

Verification & IEC Issuance

On successful verification, IEC will be issued within 3 to 7 days.

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Hassle-Free Processing with Udyog Suvidha Kendra

Udyog Suvidha Kendra will smoothly execute the import-export license online registration process for you. Our dedicated representatives will file the IEC application on your behalf. Post the submission; we would be doing the necessary coordination with the DGFT for expediting your application. We will ensure you receive your import-export license in just a few days.

Expand Your Business Globally with IEC.

Start Import Export Registration in Mulangodi