Importer Exporter Code

Import Export (IE) Code is a registration required for persons importing or exporting goods and services from India.

Reta Advisories provides IE Code starts @1599/- 

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Importer Exporter Code

Import Export (IE) Code may be a registration required for persons importing or exporting goods and services from India. IE Code is issued by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce and Industries, Government of India. IE Codes, when issued, are often employed by the entity throughout its existence and don’t require any renewal or filing. Therefore, it’s recommended for many organizations to get IE Code, regardless of if they have it at the instant. IE Code application must be made to the Directorate General of Foreign Trade alongside the required supporting documents. Once, the appliance is submitted, DGFT will issue the IE Code for the entity in 15 – 20 working days or less.

Reasons to Register a IE Code

Importers Require IE Code

All Importers who import goods into India require an IE Code. The IE Code must be quoted while clearing customs. Also, banks require the importers IE Code while sending money abroad.

No Return Filing

IE Code doesn’t require the filing of any return. Once, an IE Code is issued there are not any further procedures required to take care of validity of the IE Code. albeit import or export transactions occur, there are not any filings required to DGFT.

Exporters Require IE Code

All Exporters who export goods or services from India require an IE Code. The IE Code must be quoted while sending shipments. And banks require the exporters IE Code while receiving money from abroad.

Proprietors can have IE Code

Even individuals who are proprietors of a business can obtain IE Code in their name. It is not necessary to incorporate a business entity for obtaining IE Code.

Lifetime - NO Renewal

IE Code is issued for the lifetime of the entity and requires no renewal. So once a IE Code is obtained, it can be used by that entity for all its import or export transactions without any further hassles.
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