Import-Export Code Certificate Providers in Kerala | IEC

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Import-Export Code Certification in Kerala: The initial registration necessary for commercial organizations involved in importing or exporting products and services from India is the Import Export Code, which is frequently abbreviated as IEC. The Directorate General of Foreign Trade issues IECs (DGFT). It is a legal document that lets you import and export items.

1. Points to be noted:

  • When is an IEC necessary? In India, an Import Export Code is required when exporting or importing products and services.
  • Issuance authority: The Directorate General of Foreign Trade (DGFT) of the Ministry of Commerce and Industries of India issued the IE Code.
  • Annual renewal of IEC: IE Code is no longer a one-time transaction. It must be renewed every year.
  • No returns filing: The IE Code does not necessitate any form of return filing or other procedural compliances.
  • Customs and Banks requirements: The IE Code needs quotes from customs agencies and banks for importing and exporting products and making and receiving payments from international vendors.

 

2. Requirement of Digital Signature Certificate for IEC:

  • Importers and exporters can apply for an Import Export Code by filling out an online application. As a result, a digital signature of the firm owner or director for the Import Export Code is required.
  • Digital Signatures [DSC] are the most popular method of applying an IEC code online.
  • The DGFT also offers a one-of-a-kind Digital Signature Certificate to companies who already hold an IEC code for export and import. Applicants can save up to 50% on License Fees by using this one-of-a-kind DSC.

 

3. Time required to acquire/obtain an Import Export Code:

  • Within one week of applying, an Import Export Code can be acquired.

 

4. Is it compulsory for Export Service Providers to get an IEC?

  • The Import Export Code (IEC) is a crucial corporate identifying number that is required for all exports and imports from India. Without an IEC Code Number issued by the DGFT, no firm may import or export anything.
  • If you’re importing or exporting services or transferring technology, the IEC Code is only required if the service provider or technology provider is seeking benefits under the Foreign Trade Policy or dealing with specific services or technologies as defined in Section 7 of the Foreign Trade (Development & Regulation) Amendment Act, 2010.

 

5. Documents required to obtain an IEC:

  1. A photograph (passport size)
  2. PAN Card
  3. Bank account information
  4. Canceled cheque
  5. A bank certificate.
  6. Address Verification

 

6. Process of IEC Registration:

  • Step 1: Upload the supporting documents and information to our website.
  • Step 2: Select a package and pay online using one of the available payment methods.
  • Step 3: Our expert will prepare the application in the IE Code-required format.
  • Step 4: Before DGFT, attach the applicant’s digital signature and submit the online application.
  • Step 5: Within a week, five DGFT personnel will verify and process the application.
  • Step 6: Provides Import Export Code certificate through email after successful verification.

 

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