Importer Exporter Code (IEC)

What is an IEC?

An IEC is a 10-digit number allotted to a person that is mandatory for undertaking any export/import activities.

Now the facility for IEC in electronic form or e-IEC has also been operationalised. We Madhu Corporate Services Pvt. Ltd. apply for IEC and gain the Certificate in 2-3 working days.

Only one IEC is permitted against on Permanent Account Number (PAN). If any PAN card holder has more than one IEC, the extra IECs shall be disabled.

IEC is compulsory for import and /or exports.

However, the following categories of importers or exporters are exempted from obtaining IEC, no imports or exports can be made without having an Importer-Exporter Code Number.

What is the validity of IEC ?

An IEC allotted to an applicant shall have permanent validity unless cancelled by the competent authority.

The IEC will cover all branches / divisions / units / factories of the applicant.

Application should be made only by the Registered / Head Office of the applicant to the Regional Authority.

 

Achievements

  • Direct association as Advisor in the export and import of more than Rs.9,000/- Crores per annum.
  • International FCPA compliant.
  • Consulting more than 150 MNC's, Indian Corporations, PSU's, Import & Export Houses.

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