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Import Export Code (IEC)

Cross-border trade readiness for importers and exporters.

Cross-border trade

Importers and exporters

Export documentation

Linked with GST and banking

Annual confirmation

Where applicable

Trade-ready

Before transactions begin

Reviewed

Applicability for your model

Linked

GST, banking, export documents

Import Export Code is generally important for businesses involved in importing or exporting goods. For export of services or technology, IEC applicability should be reviewed based on the business model, benefits under the Foreign Trade Policy, and applicable exemptions or conditions.

IEC supports cross-border trade readiness. A business involved in international buying, selling, supply chains, manufacturing exports, trading, distribution, or export-related activity should consider IEC requirements before beginning transactions.

Who is this for?

Importers and exporters of goods

Businesses in international supply chains and distribution

Service or technology exporters reviewing applicability

What it involves

The process generally requires entity or proprietor information, PAN, bank details, address proof, contact details, and authorised signatory information. Once obtained, the IEC details may also require annual confirmation or update within the prescribed period.

Eraqus Advisors helps businesses understand whether IEC is required, organise documents, coordinate registration support, and connect IEC with accounting, GST, export documentation, banking, and tax considerations.

Key considerations

01

Whether IEC applies to your business model

02

Entity, PAN, bank, and authorised signatory details

03

Annual confirmation or update where applicable

04

Connection with GST, banking, and export documentation

Ongoing compliance

IEC should be treated as part of a wider trade compliance and financial documentation framework.

FAQ

Frequently asked questions

IEC applicability for export of services or technology should be reviewed based on the business model, Foreign Trade Policy benefits, and applicable exemptions or conditions.

IEC details may require annual confirmation or update within the prescribed period.

Discuss your requirement with our team

Tell us where your business stands today and what you are planning next. We will help you understand the structure, documentation, and compliance that fit your situation.