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Import Export Code

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The Importer Exporter Code (IEC) is a unique 10-digit code issued by the Director General of Foreign Trade (DGFT), Ministry of Commerce, Government of India. It is mandatory for businesses and individuals involved in import and export activities in India. Without an IEC, no entity can legally conduct import or export transactions.

However, individuals importing or exporting goods for personal use, which are not related to trade, manufacturing, or agriculture, are exempt from obtaining an IEC.

At VPS & Associates, Hyderabad, we assist businesses with:

  • New IEC registration
  • Amendment/modification of existing IEC registrations
  • Compliance with the Foreign Trade Policy

Frequently Asked Questions (FAQs) on IEC Registration

1. How to Apply for an IEC? How Long Does It Take?

An application for IEC must be submitted by the Registered/Head Office of the applicant to the nearest Regional Authority of DGFT. Only one IEC is issued against a single PAN number. The process usually takes a few working days after submission of required documents.

2. What is the Validity of IEC?

An IEC number is valid for a lifetime and does not require renewal. It remains applicable to all branches, divisions, and units of the applicant.

3. What Documents Are Required for IEC Registration? Is Digital Signature Mandatory?

The following documents are required:

  • Application Form (ANF 2A) – As per Handbook of Procedures (HBP).
  • Application Fee Payment – ₹250, payable via Demand Draft (DD), Electronic Fund Transfer (EFT), or TR Challan at designated banks.
  • Bank Certificate – As per Appendix-18A, issued by the applicant’s bank.
  • PAN Card Copy – Self-certified copy of Permanent Account Number (PAN) issued by the Income Tax Department.
  • Passport-Size Photographs – Three recent photographs of the applicant.
  • Banker’s Attestation on Photograph – The bank certificate photograph must be attested by the bank.
  • Cover Letter & Page Numbering – All documents should be compiled in a file with page numbering.

4. What Happens if the IEC Application is Rejected?

If an IEC application is rejected by the DGFT Regional Authority (RA), the applicant can reapply after addressing the issues mentioned in the rejection notice.

5. Are There Any Monthly or Annual Returns to Be Filed?

No, IEC holders are not required to file any monthly or annual returns.

Other Mandatory Business Registrations in Hyderabad

In addition to IEC registration, businesses in Hyderabad must also comply with various statutory requirements, including:

  • GST Registration – Required for businesses exceeding the turnover threshold.
  • Shops & Establishments Act (Telangana) – Mandatory for commercial establishments.
  • Professional Tax Registration – Applicable to businesses and salaried individuals.
  • MSME (Udyam) Registration – Benefits for small and medium enterprises.
  • Employees’ Provident Fund (EPF) Registration – For businesses with 20+ employees.
  • Employees’ State Insurance (ESI) Registration – Required for businesses with 10+ employees.
  • STPI / Non-STPI Registration – For IT and ITES businesses engaged in software exports.
  • Trade License (GHMC) – Mandatory for businesses operating in Hyderabad.
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