Facility for Import Export Code (IEC)

Facility for Import Export Code

IEC - IMPORT EXPORT CODE number is mandatory to enter into the world of foreign trade either export or import. 

IEC is a unique number given to an importer/exporter by the concerned authority.

One person/firm / company is eligible for one IEC number only. Anyone, except, minor, lunatic, blacklisted may apply for obtaining the IEC number.

One has to apply before the concerned JDGFT for obtaining an IEC number for Export/ Import.

The requisites to apply for the IEC number are as follows:

• Application Form NO. ANF2A, duly filled, in duplicate.
• Bank Certificate with attested photo, as per Appendix 18A of Form
• Two passport size photographs of the applicant
• Copy of pan card number
• Draft of Rs.250/- favoring concerned JDGFT
• Self addressed envelope duly stamped with rs.30/-stamp
• In case the applicant is a partnership firm, apart from above requisites following is also required
• Self attested copy of partnership deed
• An authority in favor of partner to act on behalf of the firm for obtaining IEC is also required
• In case the applicant is a company, apart from above requisites following is also required
• Memorandum of articles of association
• Details of directors at the time of applying for IEC number
• Resolution in favor of a director to act on behalf of the company for obtaining IEC number

We are consultants and render our services to assist the applicant with regard to obtaining IEC number, revalidation of existing IEC number, modification in IEC with regard to any change in the address, partners, directors, as the case may be.

EPCG (Export Promotion Capital Goods) LICENSE

• ZERO DUTY EPCG ; With this scheme an exporter is allowed to import New Capital goods (CKD/SKD) including computer software systems at zero Customs duty subject to an export obligation equivalent to 6 times of duty saved on capital goods Imported under the scheme, to be fulfilled over a period of 6 years reckoned from date of issue of License.
• CONCESSIONAL 3% DUTY EPCG SHCEME : With this scheme an exporter is allowed to import New Capital goods (CKD/SKD) including computer software systems at 3% Customs duty subject to an export obligation equivalent to 8 times of duty saved on capital goods Imported under the scheme, to be fulfilled over a period of 8 years reckoned from date of issue of License.