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Eligibility & other provision for IEC
1- No import and export will be made without a valid IEC number unless exempted.
2- An application for grant of IEC number shall be made by the Registered/Head Office of the applicant to the licensing authority concerned (to the office of the Zonal Joint Director General of Foreign Trade, Mumbai if the Registered/Head office of the applicant is located in the form specified in Appendix 2A below and shall be accompanied by documents prescribed therein.
3- The IEC number will be valid for its all braches mentioned in IEC.
4- If the IEC code misplaced, the holder can request for duplicate number with an affidavit.
5- If IEC user wants to surrender the number he can request issuing authority and the authority will immediately informs the entire channel that IEC number is inactive.
Paper required for getting IEC
1- Request letter on company’s letter head.
2- Application in appendix 2 and appendix 3 format duplicate.
3- Application fees of ` 1000 in favour of licensing office.
4- Bank certificate duly signed by bank manager on bank’s letter head.
5- Pan card copy
6- Self-addressed envelope with stamp of  `  25
7- Signature in declaration.
8- Two color passport sized photos.
9- All documents should be self-attested.
10- All pages of the application form should be duly signed by the applicant.
11-IEC code is 10 digit numeric code issued by DGFT (Director General of Foreign Trade) Ministry of commerce on behalf        of government of India.
There are two ways to submit the application.
- Online
- Physical way.
Online procedure:-
One can submit the online application to DGFT website this website is designed to submit online application and one need to submit information as well as scanned copy of all the documents required.
For payment if the payment mode is demand draft IEC code will be generated after getting all the documents including demand draft and if the payment mode is electronic transfer or net pay the IEC code is generated and one can see it in DGFT website. The IEC code with documents will be send in postal within 24 hours from the receiving of application in physical mode.
For physical mode one need to post or handed to concerned regional office of DGFT with all the documents told above in physical way and after receiving all the documents required the IEC code will be issued normally in two working days.
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