Apply Import Export Code -
IE Code required by a person for exporting or importing goods. It is a 10 digit code which is issued by the Directorate General of ForeignTrade (DGFT), Ministry of Commerce and Industries, Government of India. It is an essential requirement for a businessman in India who isinto a business of import and export. IEC Stands for Import Export Code. No export or import shall be made by any person without anImport Export Code (IEC CODE).
DEFINITION OF IE CODE
IEC Code is unique 10 digit code issued by DGFT – Director General of Foreign Trade , Ministry of Commerce, Government of India toIndian Companies.
FULL FORM OF IE CODE
Full Form of IEC Code is : “Importer Exporter Code ”. To import or export in India, IEC Code is mandatory. No person or entity shall makeany Import or Export without IEC Code Number
IE CODE REGISTRATION IN MAHARASHTRA
Directorate General of Foreign Trade(DGFT) issued a Policy Circular No.15 (RE-2006)/2004-2009 Date: 27th July, 2006) for New Systemfor issuance of Importer-Exporter Code Number.
ELIGIBILITY LEGAL NORMS & CONDITIONS IEC CODE
Eligibility condition and Legal Provisions are given for IEC Code Number Application in Foreign Trade (Regulation) Rules, 1993 Ministry ofCommerce, Notifi cation No. GSR 791 (E), dated 30-12-1993.
APPLICATION FOR IE CODE REGISTRATION
An application for grant of IEC number shall be made by the Registered/Head Offi ce of the applicant and apply to the nearest RegionalAuthority of Directorate General Foreign Trade, the Registered offi ce in case of company and Head offi ce in case of others, falls in the‘Aayaat Niryaat Form - ANF2A’ and shall be accompanied by documents prescribed therein. In case of STPI/ EHTP/ BTP units, the RegionalOffi ces of the DGFT having jurisdiction over the district in which the Registered/ Head Offi ce of the STPI unit is located shall issue oramend the IECs.
Only one IEC would be issued against a single PAN number. Any proprietor can have only one IEC number and in case there are more thanone IECs allotted to a proprietor, the same may be surrendered to the Regional Offi ce for cancellation.
IEC STATUS & VALIDITY
An IEC number allotted to an applicant shall be valid for all its Branches/ divisions/ units/ factories
DUPLICATE COPY OF IE CODE
Where an IEC Number is lost or misplaced, the issuing authority may consider requests for grant of a duplicate copy of IEC number, ifaccompanied by an affi davit.
SURRENDER OF IEC
If an IEC holder does not wish to operate the allotted IEC number, he may surrender the same by informing the issuing authority. Onreceipt of such intimation, the issuing authority shall immediately cancel the same and electronically transmit it to DGFT for onwardtransmission to the Customs and Regional Authorities.
IMPORTER EXPORTER CODE PUNE
For Applying Import Export Code numerous papers and details are required which calls for some Professional legal advice for Import andExport documentation, process and timely guidance. For this following legal advice provided related to IEC Online:-
Preparation and fi ling of application with the concerned offi ce of DGFT.
Providing assistance and obtaining IEC on behalf of importer and exporter.
Providing consultancy services with respect to applicability of various custom laws to importers and exporters .