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Import Export Code (IE Code) Renewal, Surrender, and Updation in Brief:
IE Code does not have a renewal requirement. It remains valid as long as the entity is engaged in international trade activities.
Businesses or individuals not involved in international trade can voluntarily surrender their IE Code. The surrender process involves notifying the Directorate General of Foreign Trade (DGFT) and providing a reason for surrender.
If there are changes in the details provided during the IE Code application (e.g., address, authorized signatory), it is essential to update the information with the DGFT. This ensures that the IE Code details remain accurate.
You can choose my dream consultant as top import code or ie code renewel/surrender/updation consultant.
Entities that Need IE Code:
The process of obtaining an Import Export Code (IE Code) in India involves several steps. Here’s a stepwise guide for the application process:
Step 1: Determine Eligibility
Eligibility Check:
Step 2: Gather Required Documents
Document Preparation:
Step 3: Online Application
Step 4: Application Processing
Application Processing:
Step 5: IEC Number Issuance
IEC Number Issuance:
Step 6: Receive IE Code Certificate
Receive IE Code Certificate:
Step 7: Use IE Code for Transactions
Display and Use:
IE Code is a 10-digit alphanumeric code issued by the Directorate General of Foreign Trade (DGFT) in India. It is mandatory for individuals and businesses engaged in import or export activities.
Individuals and businesses involved in importing or exporting goods or services from/to India are required to obtain an IE Code.
The application for IE Code can be done online through the DGFT portal. Applicants need to fill out the online form, upload required documents, and make the prescribed fee payment.
Commonly required documents include PAN card, Aadhaar card, cancelled cheque, passport-sized photograph, and address proof. The specific documents may vary based on the type of entity.
Yes, individuals as well as businesses, including sole proprietors, partnerships, LLPs, and companies, can apply for an IE Code.
The IE Code does not have a validity period and remains valid as long as the entity is involved in international trade.
Yes, applicants can check the status of their IE Code application on the DGFT portal using the application reference number.
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