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Export Documentation IV-IEC Code

EXPORT DOCUMENTATION IV -IEC Code

This is in Continuation to Export Document III “Export Trade Control” .

Importer-Exporter Code number

IEC number is an essential element of Export Trade Control. No Import or Export can be done by any person without an IEC number. A person shall , before any import or export of goods, have to obtain an IEC number. An IEC is necessary for import or export of goods that is not held for personal use. However, In case of import or export of services or technology, IEC is required only when it is in ‘specified services’ or ‘specified technologies’, i.e. services or technologies in which international trade is restricted by the Government of India as they pertain to national security, such as dealing in nuclear weapons, automatic guns, etc. IEC is not required under following cases:-

  1. When Import or export of goods is for personal use; or
  2. Import or export is done by government ministries and departments, and certain notified charitable organisations.

HOW TO APPLY?

  • Application for such IEC number is to be made by Registered/Head office of the applicant to the Regional Authority of the Directorate General of Foreign Trade (DGFT) in the region where the registered/Head office is situated in “Aayaat Niryaat Form 2A” (ANF 2A).
  • Documents prescribed under application form shall be attached with it.
  • PAN number is to be declared with the documents.

Note:- a) PAN number is an essential pre-requisite for IEC number. Only one IEC number can be issued against a single PAN. In case more than one IEC have been issued then all remaining has to be surrendered.

  1. b) Nowadays, DGFT has prescribed online facility for filing application and obtaining IEC number.
  2. c) List of Documents to be attached with the application form are as follows:-
  3. List of all Partners/Directors/Propreitor with their name, residential address, phone number on business letter head. (Proof should also be attached with)
  4. PAN card of the business entity
  5. MOA & AOA/Partnership deed (all self attested)
  6. Bank Current Account details
  7. 4 Passport size photos of all partners/directors/Propreitor and 2 business letter heads
  8. Bank Certificate

EXPORT DOCUMENTATION IV -IEC Code

Due diligence report format as required by RBI

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