IMPORT EXPORT LICENSE
[ Table Of Content ]
- Introduction
- Who Needs an Import/Export License?
- Benefits of Import Export License
- Documents Required for Import Export License
- Step-by-Step Import Export License Registration Process
- Cost and Validity of Import Export License
- Conclusion
- Frequently Asked Questions (FAQ)
- BIS (CRS) Registration For Electronic Product
- Domestic Product Certification (ISI Mark)
Introduction
Import Export License - Overview
If you want to start a business in international trade, the first requirement is an Import Export License, also known as the IEC (Import Export Code). This license is issued by the DGFT (Directorate General of Foreign Trade) and is mandatory for any business or individual who wants to import or export goods from India.
In this easy guide, you will learn what the Import Export License is, why it is important, the documents you need, the full registration process, and how a consultant can help you get it faster.
What Is an Import Export License?
An Import Export License (IEC) is a 10-digit code issued by DGFT. Without this code, no trader can import or export legally in India. It acts as a business identity at ports and customs.
Who Needs an Import/Export License?
You need an Import Export Code (IEC) if you are:
An exporter of goods or services
An importer of products
A manufacturer who exports finished goods
A startup entering global markets
An e-commerce seller shipping abroad
Whether you are a company, partnership, or individual, IEC is required
Benefits of Import Export License
Access to Global Markets: You can sell products to customers across the world and source goods from any country.
Easy Customs Clearance: With an IEC, customs officers can verify your business quickly, making shipments smoother.
Business Expansion Opportunities: You can enter new markets, find new buyers, and grow your business beyond India.
Documents Required for Import Export License
PAN Card
ID proof (Aadhaar, Passport, or Voter ID)
Business PAN (for companies/LLPs)
Registration certificate (GST optional)
Partnership deed or incorporation certificate
Cancelled cheque or bank certificate
Electricity bill / rent agreement / property tax receipt
Make sure all details match your PAN card to avoid rejection
Step-by-Step Import Export License Registration Process
Step 1: Create a DGFT Account
- Visit the DGFT website
- Click on 'Register'
- Enter your mobile number, email ID, and OTP
- Create your user profile
Step 2: Fill the IEC Application
- Log in to your dashboard
- Select 'Apply for IEC'
- Enter business details
- Add bank information
- Fill contact details
Step 3: Upload Documents
- Upload PAN
- Upload address proof
- Upload cancelled cheque
- All documents must be clear and readable
Step 4: Pay Registration Fees
- DGFT charges a small, fixed fee
- Pay online using UPI, debit card, or net banking
Step 5: Download the IEC Certificate
- After successful verification, DGFT issues your IEC certificate
- You can download it from your dashboard
- IEC is issued instantly in most cases
Cost and Validity of Import Export License
Government Fees:
- DGFT charges a small, standard fee for IEC registration.
- There are no hidden or extra charges from the government.
Lifetime Validity Explained:
- Once issued, IEC is valid for a lifetime.
- No renewals needed.
- You only need to update your details on the DGFT portal if your business information changes.
CONCLUSION
The Import Export License is essential for anyone planning to start an international trading business. With the right documents and proper guidance, you can get your IEC easily through the DGFT portal. It opens the door to global opportunities and helps your business grow worldwide. If you need fast and hassle-free IEC registration, a professional consultant can make the process much easier
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