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Simple Steps to apply for IEC (Importer Exporter Code) Online. Before going ahead you can read this What is and How to start a Import Export Business in India
What is IEC Code ?
IMPORTER EXPORTER CODE ( in short IEC ) is a ten digit number granted by Directorate General of Foreign Trade under Ministry of Commerce and Industry, to any bonafide person/company for carrying out import/export.
Requirements for applying online
An application has to be submitted online at dgft web site http://dgft.gov.in duly filled in along with documents
- I Know its hard but you will have to use Internet Explorer with java enabled and popup blocker disabled in your browser setting.
- Scanned copy of the following in gif format (compressed version of gif format)
- PAN (both sides) ,
- applicant Photograph ,
- Bank Certificate
- Make sure that size of individual document requires to be submit online in gif /pdf format should not exceed 300 KB.
- Exporter must have a Net banking account with one of the following designated banks
- HDFC BANK
- ICICI BANK
- BANK OF INDIA
- STATE BANK OF INDIA
- CENTRAL BANK OF INDIA
- PUNJAB NATIONAL BANK
- IDBI
- UTI/AXIS BANK
- UNION BANK OF INDIA
Steps to Apply online
Step 1 – Go to http://dgft.gov.in and Click on “IEC Online Application” option. You will be prompted to enter your PAN . To Create a new IEC Application , select “Create” option from the “File” menu. System will generate and display new “ECOM Reference No.” Fill in your details like -address including city , state, pincode , phone/fax , email, Date of Establishment, PAN date, PAN Issuing authority, Banker Name, Bank Account Number , Name and Designation of Person
Step 2 – Make a Payment of Rs. 250 through online fund transfer from selected banks
Step 3 – Upload the documents based on your company formation (Number of documents depends on whether your company is sole proprietor, partnership, or registered) PAN Card , Photograph and Bank Certificate is mandatory for all the applicants.
All the above steps explained with screen shots is show here http://dgft.gov.in/exim/2000/IECONLINEHelp.pdf
Once the above documents are complete and submitted to the DGFT, you should get your Import Export Code in India quite fast. It is normally delivered to your address within one to two weeks.
