Introduction
Registration of importer is a pre-requisite for import of
goods. The Customs will not allow clearance of goods unless the importer has
obtained IEC Number from issuing authority. In India, IEC number or Importers
Exporters Code is issued by
the DGFT.
However, no such import business registration is necessary for persons importing goods from
Nepal or Myamar through Indo-Myanmar border or from china, through Gunji,
Namgaya, shipkila or Nathula ports provided that the Value of a single
Consignment does not exceed Rs. 25000/-.
Application for IEC Number:
An application for grant of IEC Code Number should be made in the prescribed
Performa given at Appendix 3.I. The application duly signed by the applicant
should be supported by the following documents:
-
Bank Receipt (in duplicate) / Indian demand draft for payment of
the fee of Rs.1000/- Certificate from the Banker of the applicant firm as
per Annexure 1 to the form.
-
Two copies of passport size photographs of the
applicant duly attested by the banker of the applicant.
-
A copy of Permanent Account Number issued by Income Tax
Authorities, if PAN has not been allotted, a copy of the letter of legal
authority may be furnished.
-
Declaration by the applicant that the
proprietors/partners/directors of the applicant firm/company, as the case
may be, are not associated as proprietor/partners/directors with any other
firm/company the IEC No. is allotted with a condition that be can export
only with the prior approval of the RBI India.
Process of Online Application
On-line form has been designed to ensure feeding of all the required information
by prompting user wherever a field is left blank. Application has to submit
scanned copies of PAN (Permanent Account Number) and bank certificate of
deposits along with their application.
There are 2 options for payment of fee.
-
Demand Draft: If fee is paid by Demand Draft, IEC will
be generated only after receipt of the physical copy of the application.
-
Electronic Fund Transfer: If IEC application fee is
paid through Electronic Fund Transfer facility, IEC number will be generated
by the licensing office automatically and the number can be viewed online by
the applicant.
Guidelines for filling up IEC Form
-
All applications must be made in the prescribed form in
duplicate, duly accompanied by Bank Receipt/ Demand Draft evidencing payment
of fee.
-
Application form should be submitted in neatly typed
bold letters. Handwritten forms are also accepted.
-
Each page of the document must have the signature of
the authorised person with an ink pen.
-
Supporting documents in duplicate, duly self attested
as specified earlier in this chapter must be enclosed wherever applicable.
-
Items of information relevant to applicant should only
be filled in and remaining items may be marked 'Not Applicable'.
-
Two copies of the passport size photograph of the
applicant duly attested by the applicant's banker shall be submitted.
-
Modifications of particulars of the applicant should
also be furnished on this form by filling the relevant items.
Duplicate Copy of IEC No.
Duplicate copy of IEC Number is issued to those importer (or exporter) who has
lost their original IEC number. Importers are required to submit an affidavit
and a fee of Rs.200 to obtain a duplicate copy of IEC Number.
Surrender of IEC No.
Any importer who doesn’t want to continue his import business may surrender the
IEC number to the issuing authority. On receipt of such intimation, the issuing
authority shall immediately cancel the same and electronically transmit it to
DGFT for onward transmission to the Customs and Regional Authorities.
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