IEC (Importer Exporter Code) is a 10-digit code from DGFT, mandatory for all import/export businesses. AD Code (Authorized Dealer Code) from your bank is required for customs and receiving foreign payments.
Key Benefits
✔️ Legal authorization to export/import
✔️ Required for customs clearance
✔️ Enable foreign currency receipts
✔️ One-time registration, lifetime validity
Required Documents
✔️ PAN Card
✔️ Aadhaar/Passport
✔️ Bank Account Details
✔️ Business Registration
✔️ Address Proof
Process Steps
1. Document collection
2. DGFT portal registration
3. IEC issuance
4. AD Code bank filing
5. Customs port registration
IEC (Importer Exporter Code) is a 10-digit code from DGFT, mandatory for all import/export businesses. AD Code (Authorized Dealer Code) from your bank is required for customs and receiving foreign payments.
Key Benefits
✔️ Legal authorization to export/import
✔️ Required for customs clearance
✔️ Enable foreign currency receipts
✔️ One-time registration, lifetime validity
Required Documents
✔️ PAN Card
✔️ Aadhaar/Passport
✔️ Bank Account Details
✔️ Business Registration
✔️ Address Proof
Process Steps
1. Document collection
2. DGFT portal registration
3. IEC issuance
4. AD Code bank filing
5. Customs port registration