FAQs on Iec

Q. What is IEC Number?

By Agam Gupta 11 Feb 2017

IEC Stands for Import Export Code. No export or import shall be made by any person without an Import Export Code (IEC) number unless specifically exempted.

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Q. Is Pan Card is Essential Document?

By Agam Gupta 11 Feb 2017

Yes, having PAN is mandatory.If You are an Individual - Pan Card of Individual, If you are Firm or Company - Pan card of Firm/Company & Pan Card of Director/Partner

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Q. How to Apply for IEC?

By Agam Gupta 11 Feb 2017

With Hubco you don't need to worry, just give us the scanned documents and two working days and you have your IEC Number in your hand.

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Q. IEC is delivered in Physical format or Digital format?

By Agam Gupta 11 Feb 2017

Nowadays, IEC will only be issued in digital format by the DGFT. No Physical copies are sent to applicant address.

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Q. Can 2 IEC be issued against one Pan?

By Agam Gupta 11 Feb 2017

No, only one IEC can be issued in a lifetime against one pan card.

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Q. How can I get the Duplicate copy of IEC?

By Agam Gupta 11 Feb 2017

You need to login on DGFT website, and from there you can easily download the copy of the IEC allotted to you.

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Q. Is Import Export Code (IEC) mandatory for both Import & Export of goods?

By Agam Gupta 11 Feb 2017

IEC is compulsory for both imports and exports to and from India. However, certain categories of importers are exempted from obtaining IEC.

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Q. Do any compliance need to be done after taking IEC?

By Agam Gupta 11 Feb 2017

No Compliance needs to be done in the case, of Import Export Code (IEC). Once IEC issued by DGFT it is valid for a lifetime period. IEC is a compliance free document.

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