Frequently Ask Questions

GST Registration

Trademark Registration

FSSAI Registration

MSME Registration

StartUp India Registration

ESIC-PF Registration

Shop & Establishment Act Registration

IEC Registration
What is Import Export Code (IEC) Registration, and why is it required?

IEC is a unique 10-digit code issued by DGFT for businesses involved in import/export activities.

Who needs to register for IEC?

Any individual or business engaged in international trade must obtain IEC.

Is IEC mandatory for all importers/exporters?

Yes, except for personal use and certain government-notified exemptions.

What documents are required for IEC Registration?

Aadhaar, PAN, business address proof, and bank details are required.

How long does it take to get IEC?

The approval process typically takes 3-7 working days.

Is IEC valid across India?

Yes, IEC is a national registration and applies across India.

Can a home-based business apply for IEC?

Yes, as long as it is engaged in international trade.

Can I apply for IEC Registration online?

Yes, the entire process is online through the DGFT portal.

What are the benefits of IEC Registration?

It enables businesses to engage in global trade and avail export-related benefits.

Do I need to renew my IEC Registration?

IEC must be updated every year; failure to do so may result in deactivation.

Is GST registration mandatory for IEC?

No, but it is recommended for businesses exceeding the GST threshold.

What happens if I don’t register for IEC?

You cannot legally import or export goods and services.

Can I update my IEC details later?

Yes, business details can be updated through DGFT.

Can IEC be used for multiple branches?

Yes, a single IEC is valid for all business locations.

Does IEC Registration provide tax benefits?

It does not provide direct tax benefits but is essential for availing export incentives.

Can I cancel my IEC Registration?

Yes, if you close the business, you can apply for cancellation.

Is IEC required for service exports?

Yes, IEC is needed for service exports if foreign remittances are involved.

Is IEC different from a Trade License?

Yes, IEC is issued by DGFT for imports/exports, whereas a Trade License is issued by local authorities.

Can IEC be transferred to another business?

No, IEC is non-transferable and must be obtained separately for each entity.

Can I use IEC for both import and export?

Yes, IEC is required for both importing and exporting goods and services.