IEC Registration

 It's mandatory for businesses involved in import and export activities in India.

Steps to Obtain an IEC:

1. Digital Signature Certificate (DSC):

   • Obtain a Class II or III DSC for the authorized signatory.

2. Registration on DGFT Website:

   • Register on the DGFT website using a valid email ID and mobile number.

3. Login to DGFT Portal:

   • Log in to the portal using your credentials.

4. Apply for IEC:

   • Click on the "Apply for IEC" option.
   • Fill in the required details:
     • PAN details of the firm
     • Bank account details
     • Authorized signatory details
     • Nature of business
     • Import/export activities to be undertaken

5. Document Upload:

   • Upload the necessary documents, including the DSC.

6. Verification and Approval:

   • The DGFT will verify the application and documents.
   • Upon approval, the IEC will be issued.

Benefits of IEC Registration:

• Facilitates Foreign Trade: Simplifies customs procedures and documentation.
• Quick Customs Clearance: Streamlines the import and export process.
• Access to Government Schemes: Eligibility for various government schemes and incentives.
• Global Recognition: Establishes a credible business identity internationally.
• Online Filing of Returns and Documents: Enables easy compliance with regulatory requirements.