Updated on February 04, 2025 06:39:44 PM
An Importer Exporter Code or IEC code in Arunachal Pradesh is a unique 10-digit code required for importing and exporting goods in India. An IEC code registration is mandatory while clearing customs or making foreign transactions. It is issued by the Directorate General of Foreign Trade(DGFT) to ease foreign trade in India.
When you are just starting an import-export business in Arunachal Pradesh, you don’t want your goods to get stuck at ports by missing any important documentary or border compliance. An IEC code is one of the mandatory documents for doing any import-export-related activities.
To get the Import Export Code in Arunachal Pradesh, apply to the Directorate General of Foreign Trade, along with the appropriate documents. Following application, the DGFT will issue the entity's IE Code within 15-20 working days. Once you have obtained an IE Code, it is valid for a lifetime and does not need to be renewed. The IEC Registration in Arunachal Pradesh is valid till the date the business exists.
Once issued, the IE Code Registration can be used by the entity indefinitely and does not require renewal or filing. As a result, it is suggested that most firms that import or export goods and services from India obtain an IE code. Most importers and merchants cannot import items without an IEC code, and exporters cannot profit from the DGFT Department's export scheme, among other things. Banks require importers' IE codes when sending or receiving money abroad, and importers must quote their IE codes when clearing customs and sending shipments.
IEC Certificate [Sample]
Import Export Code or IEC is a unique 10-digit alphanumeric code which is mandatory for any type of commercial import and export activities. You cannot proceed with any foreign trade activities without IEC code registration.
Since the Implementation of GST, IEC being issued is the same as the PAN of the firm. Other Names of Import Export code include - IE Code, Importer Exporter Code, Import Export Number, IEC code, IEC license, Exim license, and IEC Certificate.
While an IEC code allows you to operate an import-export business in Arunachal Pradesh, It comes with some additional benefits. Let’s take a look at how obtaining an IEC code will help your import export business :
Legalize Overseas Trade - The IEC code facilitates overseas trade and legalizes your import and export business. It makes your trade across borders easy and legal.
Global Business Expansion - Import-export code allows your product to reach the global market, which results in huge business expansion.
No Compliances - Unlike other licences, Import Export License doesn’t require any compliances like annual filing or return filings.
Import/Export Subsidies - An exporter can claim a refund on taxes imposed while exporting goods. IEC holders also avail several benefits under the Foreign Trade Policy.
Easy Registration Process - You can get an import/export code registered by providing some basic documents like a PAN card, Address proof, Bank details, etc. You don’t need to stay in the queue as the entire registration process is online.
Any Proprietorship firm, LLP, Company, Trust, HUF or Individual engaged in any of the following foreign trade activities is eligible for obtaining an IEC Code :
Before the start of the import-export registration process in Arunachal Pradesh, it's important to understand the paperwork needed to obtain an Import Export Code license online in India. Companies that receive an IEC might be sole proprietorships, partnerships, LLPs, private and public limited companies, trusts, HUFs, or societies.
You can register for the Importer Exporter code offline as well as online. The online registration process is effortless, and you don’t need to go anywhere. The process is carried out in 5 steps :
The Directorate General of Foreign Trade(DGFT) is an online government portal where you can register for an import-export license. Your first step is to register on this portal.
The second step is the application phase, where all your documents are arranged and prepared for application. Refer to the documents required for better understanding.
An importer/exporter is required to file an online application in ANF 2A(i) and submit the required documents for verification. You also need to pay the government fees to complete the application process.
Once your application is submitted, it is sent to DGFT for verification. In case there is wrong or incomplete information, Your license will be canceled. So, make sure you provide the correct information.
Your IEC code will be issued after the approval by DGFT. In the case of the online application, you will get an e-IEC. Once approved by the competent authority, you will be notified through email or SMS that your e-EIC is available on the DGFT website.
However, it is typically suggested for every individual or business that plans to engage in either the export or import of goods or both, to obtain an ICE license. Thus, there are various situations where IEC registration is important. These are:
Register your import and export business with Professional Utilities to get your IEC Certificate . You get the free consultations and quick service at lowest Price with us.
Apply for IEC code NowIEC Registration in Arunachal Pradesh | Fees |
---|---|
Aayaat Niryaat Form 2A | NIL |
Filing at DGFT | NIL |
Government Fees | ₹500 |
Professional Fees | ₹999 |
Total Price : ₹1,499 only |
Note: The aforementioned Fees is exclusive of GST.
The Validity of an IEC code is One year . Unlike other government licenses, The Import Export Code was valid for a lifetime. However, after the amendments in Foreign Trade Policy on 12th February 2021, the import-export code has now to be renewed every year.
This amendment made the renewal of Import Export Code details mandatory for every IEC and e-EIC holder. Even if there are no updates in IEC, the same has to be confirmed online on the DGFT portal. Failing to do so may result in the deactivation of your Import Export code.
It takes a lot of time and effort to understand the process and upload the right documents. There is a high chance of rejection of the application at each step of document uploading. There are different classes of Digital Signature certificates (DSC) that must be uploaded.
We at Professional Utilities understand completely. That’s why we come forward to help you avoid the hassle and get your Import Export Code registered at the minimum price guaranteed so that you can concentrate on running your business and leave the legal formalities to us.
You can apply for the IEC certificate in just three simple steps with us :
Step 1:
Get in touch via call or contact form
Step 2:
Provide necessary documents
Step 3:
Get your IEC registered in 2 working days
To conclude the import and Export Code (IEC) is important for organizations dealing in international trade. This will allow you to access global marketplaces and easy cross-border transactions. Registering with IEC enables businesses to easily manage customs rules, increase their reach, and capitalize on worldwide prospects. This phase is vital for stimulating growth, maintaining compliance, and establishing a strong foundation in the dynamic world of international trade.
Professional Utilities supports enterprises and manufacturers with Import and Export Code (IEC) registration. Our team provides comprehensive help to ensure a smooth and fast registration process.
At Professional Utilities, we leverage our industry knowledge and expertise to help businesses navigate complex regulations, minimize risks, and optimize operations for maximum efficiency and profitability.
1 year. Earlier, the Import Export code came with a lifetime validity but according to the new norms of Foreign Trade, Now It is mandatory for every IEC code holder to update their IEC every year.during April- June period.
No, there is no need to file a return for IEC code. You need it while importing/Exporting goods. There are no after registration compliances attached with IE code registration.
IEC is not a tax registration. However certain customs duties may be levied depending on the type of product to be imported or exported.
IEC code is not required in the following cases:
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