IEC CODE LICENSE - RSK ASSOCIATE

IEC CODE LICENSE




IEC stands for Importer Exporter Code, which is a unique code issued by the Directorate General of Foreign Trade (DGFT) in India to individuals or businesses for engaging in import and export activities. It is a 10-digit code that serves as an identification number for importers and exporters in India.

Having an IEC code is mandatory for any person or business that wishes to engage in import or export activities in India. It is a key requirement for customs clearance and is used by customs authorities to track international trade transactions.

To obtain an IEC code license in India, you need to follow these steps:

Application: You need to submit an application for an IEC code to the DGFT. The application can be submitted online through the DGFT website.


Documents: You will need to provide certain documents along with the application, which may include your PAN card, identity proof (such as Aadhar card or passport), address proof, bank account details, and photographs.


Fee: There is a fee associated with obtaining an IEC code, which can be paid online through the DGFT portal.


Processing: Once you submit the application and documents, the DGFT will review your application and process it. The processing time can vary, but it typically takes a few working days.


Issuance: Once your application is approved, the DGFT will issue you an IEC code. This code is a 10-digit alphanumeric number that uniquely identifies your business for import and export purposes.


Record Keeping: It's important to keep a record of your IEC code as it will be required for various import and export transactions.
For More Information visit -https://rskassociate.com/iec-code-registration/


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