Nowadays, if you are planning to start a business, then go for the import and export business which is best. First you need to get the IEC – Import Export Code as it is mandatory. Are you worried about how to apply for import export code? The process of getting IEC is simple and hassle-free only. It is nothing but a 10-digit business identification number, and this number will be allotted to the importer or exporter. In this post, you will see the steps to apply for import export code.
Steps to apply
Step1: Log on to the DGFT website
The initial step to apply for IEC is to visit the DGFT website (Director General of Foreign Trade). Go to the services tab and select IEC profile management from the drop-down menu to register. Then, click on apply for IEC under processes in IEC. You can log in to the DGFT website if you already have an account. Otherwise, you need to create a new account by registering on it.
Step2: Enter PAN details
Once you have successfully logged in, the screen will ask you to provide your PAN details. Your mobile number and email ID is required after submitting your PAN details. After successfully verifying the CAPTHCA code, you need to provide other details such as Name/ Business name, Date of birth / Date of incorporation. Enter the OTP received on the given mobile number and Email and submit it.
Step3: Enter business details
On the following page, you will see an E-COM number that will be used for all future communications regarding your e-IEC application. In this form, you must enter information about your company. It includes the date of incorporation, the nature of the business, and bank information. After that, enter the applicant's information, including date of birth, name, etc. Fill out the branch information for your company, and they can be left empty if there are no branches.
Step4: Enter partner details
When you have completed the steps mentioned earlier, you are required to provide the director's details and if it is a partnership firm, then provide the details of your partners.
Step5: Upload documents
The next important step is to upload all the essential documents, such as address proof, cancelled cheque etc., by scanning them. By following that, complete the payment process.
Step6: Preview and submit the application form
The final step in how to apply for import export code is previewing and submitting your application form. If you find any mistakes in the preview, go back and change the mistakes. For future purposes, print your application form and the IEC number will be displayed. At last, select the "Submit and generate IEC certificate".
Bottom line:
Thus, the given details are the simple steps to apply for import export code online. Follow the information carefully and submit them.
