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Saturday, July 6, 2013

Importer Exporter Code (IEC)

IMPORTER EXPORTER CODE   ( in short IEC ) is a ten digit number granted by Directorate General of Foreign Trade known as DGFT under Ministry of Commerce and Industry, to any bonafide person/ company for carrying out import/export. To import or export in India, IEC Code is mandatory. No person or entity shall make any Import or Export without
IEC Code Number.

Mandatory documents with application for IEC :-

1. Covering letter.

2. Application Form (ANF-2A, Part A, B & D) to be filled in and all pages to be
signed by the applicant.

3. Application must be accompanied by documents as per details given below:

3.1 Bank Certificate as per the Proforma (Part B) in the application. The Banker
must certify:-

(a) The details of the a/c including the nature of a/c, the a/c number with date
from which the account is maintained by the applicant firm,

(b) Registered/official address of the firm, and

(c) Photograph of the applicant.

The signing official of the Bank must put his/her official name seal with
designation.

3.2 (a) In case of Limited companies (both Private and Public Ltd.):

(i) Extract of Board Resolution in favour of the applicant.

(ii) Memorandum of Association along with Certificate of Incorporation.

(iii) Form 32 in case of change of Directors and Form 18 in case of change of
Registered office-wherever applicable.

(b) In case of Partnership firm:

(i) Notarized Partnership Deed showing date of formation of the firm.

(ii) No Objection Certificate from other Partners/HUF.

3.3 Self certified copy of Permanent Account Number Card (PAN Card- both sides)
issued by Income Tax Department. The application for IEC to be made only after
obtaining the PAN from the Income Tax Department

3.4 Two passport size photographs of the applicant.

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