IEC Certification

An Importer-Exporter Code (IEC) is an essential business identification number required for exporting from or importing into India. Unless specifically exempted, no entity can engage in export or import activities without an IEC.

Commonly referred to as an Export License, Import License, IE Code, IEC Code, EXIM License, and EXIM License, the IEC has been aligned with the firm's PAN number following the implementation of GST. The types of entities that can obtain an Importer-Exporter Code include proprietorships, partnerships, LLPs, limited companies, trusts, HUFs, or societies.

When is an IE Code required?

The IE Code is necessary in several scenarios:

- When an importer needs to clear shipments from customs, it is required by the customs authorities.

- When an importer transfers money abroad through banks, it is required by the bank.

- When an exporter needs to send shipments, it is required by the customs port.

- When an exporter receives money in foreign currency directly into his bank account, the submission of the Importer-Exporter Code is required by the bank.

For assistance in obtaining the Importer Exporter Code Certificate, Arthiq Services Pvt Ltd provides comprehensive support, including the necessary documentation, online application filing, and coordination with the relevant authorities.