How to Get an Import & Export License in India

Expanding your business globally requires proper licensing to comply with Indian trade laws. An Import & Export License (IEC) is essential for businesses looking to trade internationally. Whether you are a manufacturer, trader, or service provider, obtaining an Import Export Code (IEC) is the first step to entering the global market.

In this guide, we will cover what an IEC is, why it is important, the step-by-step process to obtain it, documents required, benefits, and frequently asked questions (FAQs).

What is an Import & Export License (IEC)?

The Import Export Code (IEC) is a 10-digit identification number issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce, Government of India. This unique number is mandatory for businesses engaged in importing or exporting goods and services.

Key Features of IEC (H3)

✅ One-Time Registration – No renewal required.
✅ Applicable for All Businesses – Proprietorships, LLPs, Private Limited Companies, and more.
✅ Legal Authorization – Required to import/export goods and services from India.
✅ Mandatory for International Trade – Without an IEC, businesses cannot legally trade across borders.

Why Do You Need an Import & Export License?

An IEC is mandatory for businesses looking to expand internationally. Here’s why you need it:

🚀 Legal Requirement – IEC is compulsory for any import/export business.
💼 Access to Global Markets – Helps businesses expand beyond India.
📑 Smooth Banking Transactions – Required for foreign exchange transactions.
🏢 Government Benefits – Eligible for schemes like MEIS, SEIS, and duty exemptions.
⏳ Lifetime Validity – No renewal hassles; once issued, it is valid for a lifetime.

Note: Businesses engaged in exporting services (such as IT and consultancy) also need an IEC if they receive payments in foreign currency.

How to Get an Import & Export License in India? (Step-by-Step Guide)

Step-by-Step Guide

Obtaining an IEC is a straightforward online process through the DGFT portal. Follow these steps to apply:

Step 1: Register on DGFT Portal

Visit the DGFT website: https://www.dgft.gov.in
Click on “Apply for IEC” and create a user ID.
Verify your details with OTP authentication.

Step 2: Fill Out the Online Application (ANF-2A Form)

Log in to the portal and select “Apply IEC”.
Complete the Application Form ANF-2A, providing:
✅ Business details
✅ PAN information
✅ Business type and address

Step 3: Upload Required Documents

Prepare scanned copies of the following:
📌 PAN Card (Individual or Business)
📌 Aadhaar Card/Voter ID/Passport
📌 Bank Certificate or Canceled Cheque
📌 Business Address Proof (Electricity Bill/Rental Agreement)

Step 4: Pay the IEC Application Fee

The registration fee is ₹500 (as per DGFT norms).
Make the payment through Net Banking, Debit/Credit Card, or UPI.

Step 5: Receive Your IEC Certificate

Once verified, the DGFT will issue the IEC Code electronically.
You can download it from the DGFT portal.

📢 Processing Time: Typically, it takes 2-7 working days to get an IEC.

Documents Required for Import & Export License

Here is a checklist of documents needed for IEC registration:

For Proprietorship Firms

✔ PAN Card of the proprietor
✔ Aadhaar Card/Passport/Voter ID
✔ Canceled cheque of business account
✔ Address proof of business

For Partnership Firms & LLPs

✔ PAN Card of the firm
✔ Partnership Deed
✔ Aadhaar Card/Passport/Voter ID of partners
✔ Canceled cheque of business account

For Private Limited & Public Limited Companies

✔ PAN Card of the company
✔ Certificate of Incorporation
✔ Aadhaar Card/Passport/Voter ID of directors
✔ MOA & AOA (Memorandum & Articles of Association)
✔ Canceled cheque of business account

Benefits of an Import & Export License

✅ Legal Authorization – Required for international trade.
✅ Access to Global Markets – Expand your business beyond India.
✅ Government Incentives – Avail duty exemptions and benefits under export schemes.
✅ Foreign Exchange Benefits – Simplifies international transactions.
✅ No Renewal Hassle – IEC is valid for a lifetime.

1. Is an IEC mandatory for all businesses?

Yes, IEC is mandatory for all businesses engaged in import/export activities, except those exempted by the government (such as personal use imports).

2. Can I apply for an IEC without a GST registration?

Yes, IEC can be obtained without GST registration. However, businesses with GSTIN should link it to their IEC for compliance.

3. How long does it take to get an IEC?

The processing time for an IEC is usually 2-7 working days.

4. Can an individual apply for an IEC?

Yes, individuals engaged in international trade can apply for an IEC under their personal name and PAN.

5. Is an IEC required for service exporters?

IEC is mandatory for service exporters if they receive payments in foreign currency.

6. Does an IEC require renewal?

No, the IEC is valid for a lifetime and does not need renewal. However, businesses must update their details on the DGFT portal when necessary.

7. Can I cancel my IEC if I stop my business?

Yes, you can surrender the IEC through the DGFT portal if it is no longer required.

Get Your Import & Export License Hassle-Free!

At Power of Factorial Business Solutions, we simplify the process of obtaining an Import & Export License with expert assistance.

📞 Call Now: +91 8105021287
📧 Email: poweroffactorial024@gmail.com
🌐 Visit: www.poweroffactorial.in

🚀 Expand Your Business Globally Today! 🌍