It is issued by the DGFT (Director General of Foreign Trade). IEC is a 10-digit code which has a lifetime validity. Predominantly importers merchant cannot import goods without the Import Export Code and similarly, the exporter merchant cannot avail benefits from DGFT for the export scheme, etc.

How can I export from India?

To start export business, the following steps may be followed:

1. Establishing an Organisation.
2. Opening a Bank Account.
3. Obtaining Permanent Account Number (PAN)
4. Obtaining Importer-Exporter Code (IEC) Number.
5. Registration cum membership certificate (RCMC)
6. Selection of product.
7. Selection of Markets.

How do I get a BIS export license?

Applying for a license You can request a copy of this form by phone at 202-482-4811, by fax at 202-219-9179, or online. You can follow up on your export license application via an automated voice-response system by contacting the BIS System for Tracking Export License Applications (STELA) at 202-482-2752.

Why export license is important?

As previously mentioned, export license is required for high value and high price goods. Licensing is important for the safety of the goods that are being transported and it may appear as a report of the goods to the state. Customs officials may request an insurance, evidence or invoice.

How to get import export code in Mumbai?

Get Import Export Code (IEC Code) Easily.We provide IEC Code Online Registration Services on PANBASED. We are providing the wide range of Import Export License services to our clients. read more…

How to get export and import license South Africa?

Login to SARS website. Once you login to the South African revenue service (SARS), you will fill in an import and export licence application. Here you will provide your details, including your ID, your bank account number, tax clearance, and organization’s company certificate.

How to get export license number in India?

Before you directly apply for your import-export license number, take note of the procedure mentioned below and make sure that you have gone through it thoroughly before you begin your application procedure. To obtain the import-export license, you need a list of documents that the legal authorities go through and verify.

How does import export certificate work in India?

With the help of this license, the trade carried out with ease and convenience. After obtaining the import-export license certificate, one comes in possession of a certain IEC (Import Export Code) which is a ten-digit number that allows any legal authorities to note down and cross-check all the information required which pertains to the trader.