Does IEC need renewal?

IEC has lifetime validity, but it must be electronically updated/confirmed once every year, even if there are no changes, to keep it active.

Can an individual get an IEC?

Yes, individuals can obtain an IEC against their PAN to import or export.

Import Export Code (IEC) — CorpRaasta

Overview

An Import Export Code (IEC) is a unique 10-digit code issued by the Directorate General of Foreign Trade (DGFT). It is mandatory for any business or individual that wants to import into or export out of India.

The IEC is now PAN-based and has lifetime validity (with a simple annual update). CorpRaasta files your IEC application end-to-end so you can start trading internationally and clear customs without delays.

Registrations — Handled end-to-end by CorpRaasta's CA & CS experts

What is Import Export Code (IEC)?

IEC is a 10-digit identification number issued by DGFT that is mandatory for undertaking import or export of goods and services from India.

Who needs it

Importers and exporters of goods

Service exporters claiming foreign-trade benefits

E-commerce sellers shipping internationally

Businesses sending or receiving foreign payments for trade

Documents required

PAN of the business / individual

Aadhaar / identity proof of the applicant

Business address proof

Cancelled cheque or bank certificate

Digital photograph and email/mobile

How it works

Collect documents

We gather your PAN, bank and address proofs.

Prepare application

The IEC application is prepared on the DGFT portal.

Submit & verify

We submit and complete the verification (Aadhaar/DSC).

IEC issued

Your IEC certificate is generated, usually within a few days.

Benefits

Mandatory gateway to import and export legally

Lifetime validity with a simple annual confirmation

Access to export incentives and schemes

Smoother customs clearance and foreign remittances

No return filing or ongoing compliance

HOW CORPRAASTA HELPS

What we do for you

Complete DGFT IEC application filing

Annual IEC update/confirmation reminders

Guidance on RCMC and export schemes

Ask SAI about Import Export Code (IEC)

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Frequently asked questions

IEC is generally required if you wish to avail benefits under foreign trade policy; for many pure service exports it may not be mandatory, but it is recommended for foreign remittances.

Import Export Code (IEC)