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The Importer -Exporter Code (IEC) is a key business identification number which is mandatory for Exports or Imports. No person shall make any import or export except under an IEC Number granted by the DGFT.
An Importer -Exporter Code (IEC) is a key business identification number which mandatory for export from India or Import to India. No export or import shall be made by any person without obtaining an IEC unless specifically exempted.
Jun 17, 2024 · IEC (Import Export Code) license is one of such prerequisites when you’re thinking of importing into or exporting from India. It is also known as Importer- Exporter Code. IEC (Import Export Code) is required by anyone who is looking to kick-start his/her import/export business in the country.
What is Import Management System. DGFT through its power under the FTDR Act notifies various restrictions or quota or conditions on import of goods into India. These restrictions may require a licence or registration be applied for and approved prior to the given imports.
Feb 3, 2024 · Where to Get Import-Export License in India. 1. Directorate General of Foreign Trade (DGFT): The primary authority for issuing import-export licenses in India is the DGFT. To initiate the process, aspiring importers and exporters can apply online through the DGFT website (https://www.dgft.gov.in/).
Jan 27, 2024 · This comprehensive guide aims to demystify the fees associated with import-export licenses, providing detailed insights, a step-by-step breakdown, and addressing frequently asked questions (FAQs) to empower businesses in understanding and navigating the financial aspects of international trade.
You can check the status of export and import licences on the ICEGATE - e-commerce portal of the Central Board of Excise and Customs (CBEC). Exporters and importers may either enter their licence number or file name in the search space for checking the status.
As per the Foreign Trade Policy, it is mandatory to obtain IEC for export/import from India. Para 2.05 of the FTP, 2015-20 lays down the procedure to be followed for obtaining an IEC, which is PAN based.
To get your import export license online, you will need to do the following simple IEC registration steps. Visit https://www.dgft.gov.in; Visit IEC Code Registration ; Register by entering the needed details. Enter the OTPs received on email and mobile number.
Apr 7, 2022 · Step 1: Obtain an Importer-Exporter Code (IEC) Before applying for an export license, you must first obtain an Importer-Exporter Code (IEC) – a 10-digit unique identification number issued by the Directorate General of Foreign Trade (DGFT) under the Ministry of Commerce and Industry.
