Import Export Code (IEC) No - R R Padmanabhan, Director - Exim Academy

 Import Export Code (IEC) No



If one wants to see the effect of Ease of doing business efforts by the Government, it is in the issuance of IEC, one can feel it.  Gone are the days when one has to fill the form, TR6 Challan, file the same with the Regional authority but wait for their mere acceptance leave alone the issuance of IE Code.  Now they are things of the past. 

An IE Code is like your driving license.  Just as with a Driving license, one can drive all over India, with an IE Code issued by the regional authority here in chennai, an IE Code holder can export of import in all seaports, airports and ICDs (wherever export or import is permitted). Now the procedure is very simple. 

Along with the relevant information as per ANF, cancelled cheque and Address proof, apply online by paying a fee of Rs.200.00 and using digital signature key (Class 2 or 3).  The entire information is checked at the back end and in about 2 hours time, the IE code is issued electronically.  Gone are the days when we have to wait for days and weeks to get one! 

Can we import or export without IE Code? 

No export or import is allowed without a valid IEC.  But there are certain exemptions this condition.  In terms of para 2.07 of Handbook Procedures to the Foreign Trade Policy 2015-20 (since extended till now), the following categories are exempted from having IE Code: 

Sr. No.

Permanent IEC

Categories of Importer / Exporter

1

AMDCG0111E

All Ministries / Departments of Central Government and agencies wholly or partially owned by them.

2

ADSGA0129E

All Departments of any State Government and agencies wholly or partially owned by them.


3

DCUNO0137E

Diplomatic personnel, Counsellor officers in India and officials of UNO and its specialized agencies.

4

IABBR0145E

Indians returning from / going abroad and claiming benefit under Baggage Rules.

5

IIHIE0153E

Persons /Institutions /Hospitals importing or exporting goods for personal use, not connected with trade or manufacture or agriculture.

6

IIEGN0161E

Persons importing/exporting goods from /to Nepal

7

IIEGM0170E

Persons importing / exporting goods from / to Myanmar through Indo-Myanmar border areas

8

IFFIE0188E

Ford Foundation.

9

ATAEF1096E

Importers importing goods for display or use in fairs/ exhibitions or similar events under provisions of ATA carnet. This IEC number can also be used by importers importing for exhibitions/fairs as per Paragraph 2.63 of Handbook of Procedures


Whenever there is any change in the form of organization, change in Directors/Partners or address, these changes have to be updated in the database of DGFT. A company may have a registered office, factory and numerous other offices all over the country, yet there can only be one IE code for the company.  So it is important that all the locations registered in the database of DGFT.
The validity of IE Code is permanent unless the IE code decides to surrender the same. Modification/Updation Validity of IE Code 

However, in terms of recent notification issued by the Director General of Foreign Trade (DGFT) the details as available in their database of an IE Code has to be updated periodically every year between April and June 30th.  Failure to update even if there is no change in the details will entail freezing of IE Code.


R R Padmanabhan
Director - Exim Academy


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