An IEC or import-export code is a 10 digit code, issued by the DGFT (Directorate General of Foreign Trade), that is required when you are buying and selling goods outside India for commercial purposes. No person can import or export goods into or out of the country without an IEC.
An IEC can be issued within a week, or less, of submission of relevant documents and, is a permanent registration that requires no additional paperwork.
An IEC will not be required under the following conditions:
However, the export of SCOMET products does not enjoy the benefits of this exemption from IEC Registration. SCOMET stands for Special Chemicals, Organisms, Materials, Equipments & Technologies as mentioned in Appendix 3, Schedule 2 of the International Trade Clarification based Harmonized System, ITC(HS).
An application for an IEC is a PAN-based application i.e. the primary document for providing proof is the Permanent Account Number.
Further, along with the PAN, the name provided as well as the date of birth or incorporation for the individual or business, will be cross verified with the income tax department details.
The complete list is as follows:
Voter ID Card
An IEC or import-export code is a 10 digit code, issued by the DGFT (Directorate General of Foreign Trade), that is required when you are buying and selling goods outside India for commercial purposes. No person can import or export goods into or out of the country without an IEC.
An IEC can be issued within a week, or less, of submission of relevant documents and, is a permanent registration that requires no additional paperwork.
An IEC will not be required under the following conditions:
However, the export of SCOMET products does not enjoy the benefits of this exemption from IEC Registration. SCOMET stands for Special Chemicals, Organisms, Materials, Equipments & Technologies as mentioned in Appendix 3, Schedule 2 of the International Trade Clarification based Harmonized System, ITC(HS).
An application for an IEC is a PAN-based application i.e. the primary document for providing proof is the Permanent Account Number.
Further, along with the PAN, the name provided as well as the date of birth or incorporation for the individual or business, will be cross verified with the income tax department details.
The complete list is as follows:
Voter ID Card