Import Export Code is issued to importers and exporters where distinct 10 digit code is granted by Director General of Foreign Trade, Ministry of Commerce, and Government of India to Indian entities. For importing or exporting goods in India, Import Export Code is necessary. For obtaining Import export code prescribed fees can be made to the Director-General of Foreign Trade portal through issuing Demand Draft or Payment through Electronic Fund Transfer by Nominated Bank by Director General of Foreign Trade or Required fee shall be made by Challan.
Filing of Application Form
As per set procedure, the details in the Application form must be filled for obtaining Import/Export license/ certificate/ Authorization for regulating export-import of goods seamlessly. If there appears to be an error then the Department of Directorate General Foreign Trade finds will reject the form with a particular reason. The application form would be filing and evidence that is a word document supporting the authentication.
Given below is the procedure to get the Import Export Code online
Step 1: Directorate General Foreign Trade issues digital signature for entity or individuals to authentically use the code for legal import and export of goods. Only specific associations are designated to grant digital certificates and signatures. The digital key requires to be active and while trading import and export digital signatures are essential.
Step 2: While filing the form for approval it is necessary to attach the relevant documents in PDF Format. Firstly address proof and canceled cheque having the name of holder printed on the same. If there is an absence of a printed name on the cheque then the banking authority may disapprove of the supporting document. One needs to upload the scanned copy of the Directorate General Foreign Trade portal.
Step 3: Now the next step is uploading the photograph or keeping the digital photograph available.
Step 4: It is essential to be available on email and mobile phone to access the passwords. The details once entered will be locked so one must be vigilant while uploading the correct email and mobile numbers. Details set on email or mobile phone will be required to access your account.
Step 5: The last stage is the payment stage where one needs to pay the requisite fee of INR 500 and the provision of paying fees is compulsory.
Obtaining Import export code number is essential to carry out the import and export of goods across India. ASC assists in obtaining Import export code number from DGFT and filing of specified form to simplify the procedure for exporters and importers.