Procurement of Import Export Code (IEC) India

IEC stands for Import Export Code Certificate issued by the Director General of Foreign trade registering an individual, firm, organization, entity, etc as an Exporter or Importer. An IEC can be obtained by any PAN Holder desirous of conducting Exports or Imports.

An IEC once issued is permanent in nature till the same is surrendered by the IEC holder or cancelled by the Licensing Authority upon any default made be the IEC holder. An IEC once issued needs to be updated within 90 days in the case of the following:

1) If there is any change in the:
  • Name of the IEC holder;
  • Address of Registered / Branch office / Factory address;
  • Constitution viz. Change in Directors, conversion from Proprietorship concern to Firm, Firm to Company, Pvt Ltd to Public Ltd, change in Bank details, etc.
  • PAN Details of the IEC holder.

2) Any change is required by the Government for moving towards an Integrated One Number Regime;

Upon the change being intimated beyond a period of 90 days, the changes shall be registered by the RLA upon payment of a penalty;


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