Rated 4.9/5 by 312+ Chennai clientsZero penalty record across all filings24-hour response · WhatsApp-first supportOffices: Maduravoyal, Nerkundram & Nolambur (upcoming)15+ years of expert tax & compliance consulting500+ active clients across 243 Chennai areasRated 4.9/5 by 312+ Chennai clientsZero penalty record across all filings24-hour response · WhatsApp-first supportOffices: Maduravoyal, Nerkundram & Nolambur (upcoming)15+ years of expert tax & compliance consulting500+ active clients across 243 Chennai areas
Chennai North · Anna Nagar Division · Pursaiwalkam IEC

IEC Registration · Pursaiwalkam residential with neighbourhood markets Pocket

Qualified IEC for Pursaiwalkam (PIN 600007) and adjacent Kilpauk — with a documented, audit-ready process

IEC Registration for Pursaiwalkam firms under Chennai North (Anna Nagar Division) with on-time portal submission and full statutory reconciliation. Call 9566-068-468.

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Quick Answer

What documents are required for IEC application in Pursaiwalkam, Chennai?

Core documents prescribed in ANF-2A: (i) PAN of the entity, (ii) Aadhaar of the proprietor or authorised signatory for OTP authentication, (iii) cancelled cheque or banker's certificate in the prescribed format showing entity name, account number and IFSC, (iv) address proof of business premises (electricity bill, rent agreement, sale deed or telephone bill not older than two months) and (v) DSC for partnerships, LLPs and companies along with the board resolution / authorisation.

Transparent Pricing

IEC Registration in Pursaiwalkam — Plans & Pricing

Fixed fees · Zero hidden charges · Call 9566-068-468 for a custom quote.

MonthlyAnnualSave 2 Months
New IEC
Basic
IEC in 1-2 working days
₹1,500one-time

  • IEC Application on DGFT Portal
  • IEC Certificate Immediate on approval
  • DGFT Portal Account Setup
  • IEC Modification address bank etc.
  • LUT for Zero-rated Exports
  • Class 3 DSC
  • Export Incentive Schemes Advisory
Most Popular ⭐
Standard
IEC + advisory
₹2,500one-time

  • IEC Application on DGFT Portal
  • IEC Certificate Immediate on approval
  • DGFT Portal Account Setup
  • IEC Modification address bank etc.
  • LUT for Zero-rated Exports
  • Class 3 DSC (Add-on)
  • Export Incentive Schemes Advisory
Full export setup
Exporter
IEC + LUT + DSC
₹5,000one-time

  • IEC Application on DGFT Portal
  • IEC Certificate Immediate on approval
  • DGFT Portal Account Setup
  • IEC Modification address bank etc.
  • LUT for Zero-rated Exports
  • Class 3 DSC
  • Export Incentive Schemes Advisory

Swipe to see all plans

Prices exclude GST. For enterprise pricing, call 9566-068-468.

Why FilingPro?

Why Pursaiwalkam Clients Choose FilingPro

Expert IEC in Pursaiwalkam — qualified professionals, 15+ years experience, zero-penalty track record.

RCMC From the Right EPC

Sector-specific councils take precedence — APEDA, MPEDA, EEPC, AEPC, CHEMEXCIL, PHARMEXCIL, GJEPC. For multi-product or unspecified sectors, FIEO general RCMC is obtained. Right council selected on day one for each Pursaiwalkam exporter.

AD Code at Every Port

AD Code is one-time registered at every Customs port from where the Pursaiwalkam exporter intends to ship — Chennai, Tuticorin, Bangalore Air, Mumbai JNPT or any LCS / ICD. Without AD Code mapping at a port, no shipping bill can be filed at that port.

ICEGATE Registration & Bond Ledger

ICEGATE registration with IEC and DSC opened for every Pursaiwalkam client — shipping bills, bills of entry, RoDTEP ledger, drawback ledger, bond and BG access from icegate.gov.in. Single-window visibility on every consignment.

LUT Filed Under Rule 96A

Letter of Undertaking in Form GST RFD-11 is filed annually under Rule 96A of the CGST Rules — Pursaiwalkam exporters ship goods and services without payment of IGST, freeing working capital that would otherwise be locked till refund.

EDPMS Reconciliation

Every shipping bill is tracked on EDPMS until BRC closure within the 9-month FEMA realisation window under Section 8 of FEMA 1999 read with the RBI Master Direction on Export of Goods and Services 2015-16 — no caution-listing for Pursaiwalkam exporters.

RoDTEP Scrip Realisation

RoDTEP rates from Appendix 4R of HBP 2023 are pre-mapped to the Pursaiwalkam exporter's HS codes. The claim flag is selected on the very first shipping bill and the e-scrip is auto-credited on closure — no manual claim, no missed scrips.

Key Benefits

What Pursaiwalkam Clients Get

Every IEC Registration engagement delivers measurable, guaranteed outcomes — expert professionals, on time, every time.

EPCG Capital Goods Duty-Free
Pursaiwalkam manufacturer-exporters import capital goods at zero customs duty under EPCG with 6× export obligation over 6 years. Bond and BG with Customs executed and EO discharge tracked through redemption.
Advance Authorisation for Inputs
Duty-free inputs (customs duty, IGST, compensation cess and safeguard duty all exempt) under Advance Authorisation against value-addition export obligation of typically 15% — wafer-thin margins protected for Pursaiwalkam exporters.
Section 65 MOOWR Bonded Manufacturing
For Pursaiwalkam units willing to operate from a customs-bonded warehouse, Section 65 MOOWR Regulations 2019 defer all customs duty on imported inputs and capital goods — duty paid only on the portion cleared into DTA, zero duty on exports.
FEMA Realisation Tracked
Every shipping bill is tracked on EDPMS by FilingPro till AD bank issues e-BRC. Pursaiwalkam exporters meet the 9-month FEMA Section 8 realisation discipline — no caution-listing under the RBI Master Direction.
DGFT Litigation-Ready Records
All ANF-2A filings, Aadhaar OTP logs, ₹500 fee receipts, RCMC certificates, AD Code letters, EPCG / Advance Authorisation bonds and EO statements retained for 7 years — meeting Section 35 CGST and Customs record-retention norms for any DGFT or CBIC audit defence.
IEC Within Minutes
With clean PAN-bank-address data, IEC is issued within minutes of ₹500 fee payment. Pursaiwalkam clients begin shipping bill filing the same day — no week-long waiting period.
Comparison

IEC (Importer-Exporter Code) vs RCMC (Registration-cum-Membership Certificate)

Why this matters here — Across Pursaiwalkam, the business activity radiating outward from Pursaiwalkam High Road and nearby commercial pockets. Practitioners note that with quick access via Pursaiwalkam Bus Stop and feeder routes connecting Pursaiwalkam to the rest of Chennai.

AspectIEC (Importer-Exporter Code)RCMC (Registration-cum-Membership Certificate)
Indicative costGovernment fee of ₹500 on the DGFT portal; annual updation is freeCouncil membership or registration fee varies by council and turnover slab
What it isA 10-digit code - now identical to the firm's PAN - that is the basic licence to import into or export out of IndiaMembership proof from an Export Promotion Council or Board, needed to claim export incentives and authorisations
Issuing authorityDirectorate General of Foreign Trade (DGFT), Ministry of Commerce, via the dgft.gov.in portalThe relevant Export Promotion Council or Commodity Board (FIEO, EEPC, AEPC, APEDA, etc.) through the DGFT common e-RCMC platform
Statutory basisSection 7 of the Foreign Trade (Development & Regulation) Act 1992 read with the Foreign Trade Policy 2023Chapter 2 of the Foreign Trade Policy 2023 and the Handbook of Procedures 2023, on Form ANF 2C
When it is requiredMandatory before the first import or export consignment can clear customs - no cross-border trade is possible without itRequired only when the exporter wants scheme benefits such as RoDTEP, Advance Authorisation or EPCG, or council services
Validity and upkeepPermanent, but must be electronically confirmed or updated every year during April to June or it is deactivatedValid for five financial years, then renewed with the council
Documents Required

Documents for IEC Registration

Share documents via WhatsApp to 9566-068-468. No office visit required for Pursaiwalkam clients.

PAN of the entity (Proprietor / Partnership / LLP / Company)
Aadhaar of the proprietor or authorised signatory for OTP authentication
Cancelled cheque or banker's certificate showing entity name / account number / IFSC
Address proof of business premises — electricity bill, rent agreement, sale deed or telephone bill (not older than 2 months)
DSC (Class 3) of authorised signatory for Partnership / LLP / Company
Board resolution or partnership authorisation letter naming the IEC signatory
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Statutory Deadlines

Compliance deadlines that matter

Miss any of these and the next consequence kicks in automatically.

Deadlines in this neighbourhood — Across Pursaiwalkam, the cluster of residential, retail, restaurants businesses that defines Pursaiwalkam's commercial fabric.

Trigger eventDaysFormConsequence
Realisation of export proceeds against a shipping bill in foreign currency270 daysBRC closure on EDPMS through AD Bank with matched FIRC and inward remittance certificateRoDTEP scrip claim blocked, duty drawback at composite rate disallowed, GST refund of IGST paid on exports gets held by jurisdictional GST officer, AD Bank reports under XOS Statement to RBI as overdue export bill which may attract FEMA contravention proceedings under Section 13
Clearance of pending export bills on EDPMS for shipping bills more than 9 months old270 daysEDPMS reconciliation through AD Bank with FIRC, inward remittance certificate, and BRC for each pending shipping billPending entries flagged in RBI XOS Statement as overdue, AD Bank trade limits get reviewed downward, FEMA compounding exposure of 2 to 5 percent of contravention value, blocking of fresh outward remittance for import payments since IEC gets flagged for export realisation default
Biennial review of Star Export House status by DGFT730 daysStar House Review application with FOB performance certificate from CA, EDPMS extract of BRCs, IEC and RCMC copiesDowngrade or loss of Star status if FOB performance threshold not maintained, withdrawal of L-1 customs scheme privileges, loss of self-certification of origin facility, loss of priority access at DGFT regional offices for authorisation processing
Fulfilment of export obligation under EPCG scheme from date of authorisation2190 daysEO Discharge application on DGFT portal with shipping bills, BRC, CA certificate of value addition and EO fulfilment statementRecovery of full customs duty saved at import plus 15 percent simple interest per annum from date of clearance, composition fee option available at 10 percent of duty saved on unfulfilled portion if extension is granted, defaulter listing in DGFT denied entity list blocking future authorisations
Registration or update of AD Code at a customs port where exports will be filed30 daysAD Code letter from bank on bank letterhead, IEC copy, GSTIN, authorised signatory specimen, registered through CHA on ICEGATEICEGATE rejects shipping bill with AD_CODE_NOT_REGISTERED error blocking export from that port, fallback amendment under Section 149 takes 5 to 7 days during which demurrage accrues, alternative re-routing to a registered port adds inland transport cost of Rs 25000 to Rs 75000 per container depending on distance
Validity of Registration cum Membership Certificate from date of issue1825 daysRCMC Renewal application with concerned Export Promotion Council with CA-certified export performance statement of preceding 3 years, audited financials, IEC copyLoss of duty drawback at higher All Industry Rate falling back to lower default rate, blocking of EPCG and AA filings since RCMC is prerequisite, suspension of Star Export House and other status recognitions, denial of council-specific subsidies and market access schemes
Fulfilment of export obligation under Advance Authorization from date of issue540 daysEO Discharge on DGFT with input-output reconciliation, SION compliance statement, and BRCs against exportsRecovery of customs duty saved on imported inputs plus 15 percent interest, additional risk of customs reopening assessment under Section 28 of Customs Act for the specific bills of entry, denial of further AAs and possible suspension under FTDR Act if pattern of non-fulfilment is observed
Change in particulars of IEC like address, partner, director, bank account, branch90 daysIEC Modification on DGFT portal with supporting documents like fresh deed, board resolution, bank declarationDGFT treats post-90-day filing as Deviation from Declared Particulars and routes through manual scrutiny at Jurisdictional RA office, customs holds shipping bills on partner-list mismatch with GSTIN, condonation requires personal hearing and CA-certified timeline of bona fide delay

Deadline pressure points we see in Pursaiwalkam: On the ground in Pursaiwalkam, for the professional and salaried population of Pursaiwalkam navigating personal-tax and home-office GST.

Forms Library

Forms used in this engagement

ANF 2AApplication for Importer-Exporter Code (IEC)

Online application by the firm to obtain a fresh 10-digit PAN-based IEC, capturing firm details, proprietor/partner/director particulars and bank account

Before the first import or export consignment Directorate General of Foreign Trade (DGFT), dgft.gov.in
ANF 2A (Modification)Application for modification of IEC particulars

Update firm name, address, constitution, directors/partners or bank details on an existing IEC

Promptly after any change in particulars Directorate General of Foreign Trade (DGFT)
Annual IEC UpdationElectronic confirmation or updation of IEC

Mandatory yearly confirmation that IEC details are current - even where nothing has changed - to keep the IEC active

Every year during April to June Directorate General of Foreign Trade (DGFT)
ANF 2A (Surrender)Surrender of Importer-Exporter Code

Voluntary surrender of an IEC the firm no longer needs; DGFT informs Customs and RBI

When the firm ceases import/export activity Directorate General of Foreign Trade (DGFT)
AD Code RegistrationAuthorised Dealer (AD) Code registration letter

Bank-issued AD Code, registered at each port on ICEGATE, without which shipping bills cannot be filed

Before the first export from a given port Authorised Dealer bank; registered with Customs (ICEGATE)
Bank Certificate / Cancelled ChequeProof of the firm's current bank account

Establishes the firm's bank account for the IEC and for receipt of export proceeds

At the time of IEC application Authorised Dealer bank
e-BRCElectronic Bank Realisation Certificate

Digital certificate confirming realisation of export proceeds, used to substantiate incentive claims

After realisation of export payment Authorised Dealer bank, uploaded to the DGFT portal
Aadhaar e-Sign / DSCAuthentication of the IEC application

Digitally authenticates the application through the proprietor's or authorised signatory's Aadhaar e-Sign or Class 3 DSC

At submission of ANF 2A DGFT portal

IEC Registration in Pursaiwalkam, Chennai 600007

Because PIN 600007 sits inside the Chennai North jurisdiction, the handling office for Pursaiwalkam stays consistent across years, which matters when filings or approvals span cycles. Pursaiwalkam is a mid-density residential and retail neighbourhood in north-central Chennai with strong local commerce along the High Road. Approvals, acknowledgements and queries for Pursaiwalkam businesses tie back to the Anna Nagar Division, so our IEC cadence accounts for how that office works. The 600xx geo-zone covering Pursaiwalkam groups several locality clusters under common administration, keeping documentation expectations predictable.

Freight and foot traffic from the Pursaiwalkam Bus Stop hub pull steady daily commerce through Pursaiwalkam, so there is rarely a quiet filing month in this residential with neighbourhood markets pocket. Pursaiwalkam reads as a residential with neighbourhood markets pocket with medium commercial activity, anchored around Anderson Road and fed by the Pursaiwalkam Bus Stop corridor. Vendors and customers tied to the Pursaiwalkam Bus Stop network show up across the invoice trail we reconcile for Pursaiwalkam IEC Registration clients. Pursaiwalkam sustains a medium flow of commerce for a residential with neighbourhood markets locality, and that flow is the raw material for the IEC files we close here.

For a coaching business in Pursaiwalkam, the IEC Registration scope is rarely generic; we tailor the checklist to how that sector actually transacts. The coaching firms we serve in Pursaiwalkam value a IEC partner who already understands their sector's compliance rhythm. The coaching character of Pursaiwalkam commerce influences everything from invoice formats to the supporting documents a IEC Registration review needs. IEC Registration for coaching businesses in Pursaiwalkam hinges on getting the sector's recurring entries right the first time.

Working papers for Pursaiwalkam IEC Registration engagements stay archived and retrievable, which makes any later notice or query straightforward to answer. A Pursaiwalkam client sees the same IEC cadence each cycle: intake, reconciliation, review, filing, acknowledgement. Document intake for Pursaiwalkam clients runs over WhatsApp, so there is no office visit and no paper shuffle for a IEC Registration engagement. Fixed-fee scoping means a Pursaiwalkam business knows the IEC Registration cost up front, with no surprise additions mid-engagement.

Coverage from Pursaiwalkam naturally extends to Kellys, so group entities across the area share one IEC Registration workflow. A client relocating between Pursaiwalkam and Kellys keeps the same IEC file and the same team. We treat Pursaiwalkam and Kellys as one catchment for IEC Registration, which keeps documentation and turnaround consistent. Group companies spread across Pursaiwalkam and Kellys consolidate their IEC under one engagement with us.

The longer we serve Pursaiwalkam, the more precisely we predict where a IEC file needs attention. The IEC Registration mistakes we see most in Pursaiwalkam are avoidable with disciplined intake, which our checklist enforces. Sector signals in Pursaiwalkam — seasonal residential swings and peak-period volumes — shape how we schedule IEC work. Because we work repeatedly across Pursaiwalkam, we can benchmark a new client's IEC Registration position against the locality norm.

Shifting principal place of business to Pursaiwalkam means updating jurisdiction to the Chennai North, and we manage the paperwork end-to-end. Relocating a registered office into Pursaiwalkam (PIN 600007) changes the assessing division, and we handle that IEC Registration transition cleanly. For a new business incorporating in Pursaiwalkam or shifting its principal place of business here, IEC Registration setup is one of the first things to get right. When a Kilpauk business expands into Pursaiwalkam, we extend its IEC setup to PIN 600007 without disruption.

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Expert Guide

IEC Registration in Pursaiwalkam — Complete Guide

For businesses in Pursaiwalkam (600007) Section 7 of the FT(D&R) Act 1992 mandates an active IEC for every import or export — there is no turnover threshold and no exemption for small consignments other than personal use, gifts up to USD 5,000 and notified charitable imports under Para 2.07 of FTP 2023. Section 11 prescribes penalties up to five times the value of goods plus confiscation under Customs Act Section 11(2)/(2A) for unauthorised import or export.

IEC Registration in Pursaiwalkam, Chennai

Importer Exporter Code applications for Pursaiwalkam exporters are filed on dgft.gov.in under Section 7 of the FT(D&R) Act 1992 with Aadhaar OTP authentication and ₹500 fee — IEC issued instantly on clean PAN-bank-address validation.

DGFT IEC Consultant in Pursaiwalkam — ANF-2A Specialist

A dedicated DGFT consultant in Pursaiwalkam drafts ANF-2A on the DGFT portal, validates PAN-bank-address consistency, walks the signatory through Aadhaar OTP and follows up on any officer query. Annual update during 1-April to 30-June is monitored to prevent IEC deactivation.

RCMC, AD Code & RoDTEP Setup for Pursaiwalkam Exporters

Beyond IEC, FTP benefits demand RCMC from a designated EPC under Para 2.59 of FTP 2023, AD Code registration at the Customs port and ICEGATE enrolment. RoDTEP scrips, Duty Drawback and IGST refund routes are configured at first shipment.

EPCG, Advance Authorisation & MOOWR for Pursaiwalkam Manufacturers

Manufacturer-exporters in Pursaiwalkam access duty-free imports under EPCG (Chapter 5 FTP 2023) and Advance Authorisation (Chapter 4 FTP 2023), or operate under Section 65 Customs Bonded Manufacturing (MOOWR Regulations 2019) with full duty deferral and zero duty on exports.

Get Expert Help Today
Qualified professionals handle your IEC in Pursaiwalkam. WhatsApp documents — we begin within 24 hours. From ₹2,500/one-time. Free consultation.
WhatsApp for Free Consultation Call @ 9566-068-468
From ₹2,500/one-time
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Offices at Maduravoyal, Nerkundram & Nolambur (upcoming)
Key Facts — IEC Registration in Pursaiwalkam
ANF-2A application drafted on dgft.gov.in with PAN, Aadhaar and bank validation — IEC issued instantly on clean data for Pursaiwalkam clients.
Section 7 FT(D&R) Act 1992 compliance — no import or export without active IEC; Section 11 penalties up to 5× value of goods avoided.
Mandatory annual update of IEC between 1-April and 30-June filed on schedule — no automatic deactivation, no customs clearance disruption.
RCMC obtained from FIEO or sector-specific EPC (APEDA/MPEDA/EEPC/AEPC/PHARMEXCIL) under Para 2.59 of FTP 2023 — RoDTEP and EPCG benefits unlocked.
AD Code one-time registered at every Customs port from where Pursaiwalkam exporter ships — shipping bill filing and IGST refund auto-disbursement enabled.
ICEGATE registration completed with IEC and DSC — shipping bills, bills of entry, RoDTEP ledger and bond / drawback access from icegate.gov.in.
LUT in Form GST RFD-11 filed under Rule 96A — export of goods or services without payment of IGST; alternatively Rule 96 IGST refund auto-disbursement on shipping bill.
BRC closure tracked on EDPMS — FEMA Section 8 nine-month realisation discipline maintained, no caution-listing for Pursaiwalkam exporters.
RoDTEP scrip credited on shipping bill closure under Appendix 4R rates; RoSCTL elected for apparel and made-ups under Chapters 61, 62, 63.
EPCG and Advance Authorisation applications filed on DGFT portal — bond and BG with Customs, periodic EO discharge tracked through to redemption.
People Also Ask — IEC in Pursaiwalkam
Who needs an IEC in India?
Every person undertaking import into or export from India must hold an IEC under Section 7 of the FT(D&R) Act 1992 and Para 2.05 of FTP 2023. Service exporters technically need IEC only to claim FTP benefits, but practically every AD bank and payment aggregator insists on a live IEC for inward foreign-currency receipts. Government departments, personal-use imports, gifts up to USD 5,000 and notified charitable imports are exempt under Para 2.07.
How long does IEC issuance take on the DGFT portal?
Where PAN, Aadhaar and bank details validate cleanly, IEC is issued instantly — typically within minutes of payment of the ₹500 fee. If any field fails validation the application is routed for officer review and disposed within 1-2 working days. The certificate is downloadable from the dgft.gov.in dashboard and emailed to the registered address.
Is IEC the same as PAN now?
Yes. Since DGFT Public Notice 27/2015-20 dated 8-Aug-2018 the IEC has been merged with PAN — the 10-character alphanumeric PAN of the entity is the IEC. One PAN equals one IEC across India and the same number is used by all branches of the entity. The IEC must still be separately activated on dgft.gov.in.
What is the annual update requirement for IEC?
Para 2.05(e) of FTP 2023 mandates electronic update of IEC particulars every year between 1-April and 30-June, even if no details have changed. There is no fee. Failure to update results in automatic deactivation of IEC on 1-July, blocking all customs clearances on ICEGATE until reactivation through the Update IEC option on dgft.gov.in.
Is RCMC mandatory in addition to IEC?
For mere import or export, no — IEC alone is sufficient. For claim of any benefit under FTP 2023 — RoDTEP, RoSCTL, EPCG, Advance Authorisation, status holder recognition or duty exemption — Para 2.59 of FTP 2023 makes RCMC from a designated EPC or commodity board mandatory. FIEO issues a general RCMC for multi-product exporters; sector-specific councils (APEDA, MPEDA, EEPC, AEPC, etc.) take precedence.
What is the penalty for importing or exporting without IEC?
Section 11(2) of the Customs Act 1962 read with Section 11(2A) attracts confiscation of goods and a penalty equal to the value of the goods. Section 11 of the FT(D&R) Act 1992 prescribes monetary penalty up to five times the value of the goods or ₹1,000 whichever is higher, plus denial of FTP incentives and possible appearance on the DGFT denied entity list.
Do I need to renew or update my IEC every year?

The IEC is permanent, but the Foreign Trade Policy 2023 requires electronic confirmation or updation every year during April to June, even when nothing has changed. Missing this deactivates the IEC and blocks customs clearance until it is updated.

Is IEC required if I already have GST registration?

GSTIN and IEC serve different purposes. Customs validates the IEC on shipping bills and bills of entry, so an IEC is generally required for goods import or export regardless of GST. Some service transactions are exempt, but incentive claims usually still need an IEC.

Can one PAN have more than one IEC?

No. Only one IEC is allotted per PAN under the Foreign Trade Policy 2023. If a firm inadvertently holds a duplicate, the extra IEC must be surrendered through ANF 2A; DGFT may otherwise suspend the codes until the duplication is resolved.

What is an AD Code and why do I need it with my IEC?

An AD (Authorised Dealer) Code is issued by your bank and registered at each port on ICEGATE. Without an AD-Code registration linked to your IEC, Customs will not let you file a shipping bill, so exports cannot physically move.

How do I modify details on an existing IEC?

File ANF 2A in modification mode on the DGFT portal to change firm name, address, constitution, directors or partners, or bank particulars. Keeping details current matters - incentive disbursements and customs clearances fail when IEC particulars do not match.

Can an IEC be surrendered if the business closes?

Yes. A firm that stops importing or exporting can surrender its IEC through ANF 2A on the DGFT portal. DGFT then intimates Customs and the RBI, preventing future misuse of a dormant code linked to your PAN.

What Pursaiwalkam clients want to know before signing: On the ground in Pursaiwalkam, in the residential with neighbourhood markets micro-market of Pursaiwalkam.

Expert Guide

A complete walkthrough — Iec Registration

Reading this guide locally — Across Pursaiwalkam, in the residential with neighbourhood markets micro-market of Pursaiwalkam.

What is IEC and its statutory basis

PAN-based IEC and one-IEC-per-PAN rule

Following DGFT Notification 09/2015-20 dated 12-June-2017, IEC numbers are now identical to the holder's PAN, replacing the earlier system of distinct 10-digit codes. The one-IEC-per-PAN rule means that a single entity (proprietorship, partnership, LLP, company, society, HUF) cannot hold multiple IECs. Where group entities share a common promoter family, each separate legal person obtains its own PAN-linked IEC. This architecture aligns with the post-GST trade-identity rationalisation and integrates IEC with GSTIN, ICEGATE and the AD-bank reporting ecosystems for end-to-end traceability of trade transactions.

Validity, modification and deactivation

IEC, once issued, has no expiry — but DGFT Notification 58/2015-20 dated 12-Feb-2021 introduced a mandatory annual confirmation/update window between April and June each year. Failure to confirm IEC details (even where there is no change) results in automatic deactivation; deactivated IECs are blocked at ICEGATE for shipping-bill filing and at AD banks for remittance processing. Modifications (change of address, directors, authorised signatory, bank account) are filed via the DGFT portal with applicable supporting documentation and Digital Signature Certificate of the authorised signatory.

Section 7 of FTDR Act 1992

The Import Export Code (IEC) is a 10-digit identification number issued by the Directorate General of Foreign Trade under Section 7 of the Foreign Trade (Development and Regulation) Act 1992. The FTDR Act 1992 replaced the older Imports and Exports (Control) Act 1947 and established a statutory framework that emphasises trade promotion over trade control. Section 7 of the FTDR Act makes IEC mandatory for any person undertaking the import or export of goods, with limited exemptions notified by the Central Government. The IEC number, once issued, is permanent and is linked to the Permanent Account Number of the holder under the rationalisation introduced by DGFT Notification 09/2015-20 dated 12-June-2017. The Foreign Trade Policy 2023, which replaced FTP 2015-20 with effect from 01-April-2023, continues the FTDR-Act-based architecture and consolidates IEC issuance, modification, and deactivation rules in Chapter 1 and the Handbook of Procedures.

SCOMET licensing and dual-use exports

SCOMET application and inter-ministerial review

SCOMET export applications are filed on the DGFT portal and routed through an inter-ministerial Working Group (Department of Atomic Energy, Defence, External Affairs, Space) for clearance. Typical processing time is 4-6 weeks, longer for sensitive categories. The applicant exporter must provide end-use certificate from the importer, technical specifications, and intended end-use. Catch-all controls under SCOMET regulations apply even to non-listed items where end-use is suspect (potential WMD application).

Bulk SCOMET authorization and General Authorization

FTP 2023 introduced General Authorization for Export of SCOMET Items (GAES) for low-risk, frequently exported SCOMET items to vetted destinations. The Bulk SCOMET Authorization permits an exporter to make multiple shipments of a specified item to specified consignees within an authorization period — reducing transaction friction for repeat exporters. Repeat-exporter status, demonstrated compliance history, and consignee due diligence are critical for accessing these facilitated routes.

Penalties for SCOMET violation

Violation of SCOMET provisions attracts severe penalties under the FTDR Act 1992 (Sections 11 and 13 — penalty up to 5 times the value of goods), Customs Act 1962 (Section 113 — confiscation of goods, Section 114 — penalty), and the Weapons of Mass Destruction and their Delivery Systems (Prohibition of Unlawful Activities) Act 2005. Reputational damage from SCOMET violation includes blacklisting by international counterparts and potential denial of US export-control licences to Indian counterparties — making compliance a strategic, not merely tactical, concern.

Imports under IEC

Customs declaration and bill of entry

Imports under IEC are declared through Bill of Entry filed on ICEGATE under Sections 46 and 47 of the Customs Act 1962. Three types: Home Consumption Bill of Entry (for direct release), Warehousing Bill of Entry (deferred clearance to a customs-bonded warehouse), and Ex-Bond Bill of Entry (subsequent release from warehouse). Self-assessment of duty under Section 17 is the norm, with Risk Management System (RMS) selecting consignments for examination. Faceless assessment and the Turant Customs initiative have reduced clearance times substantially since 2020.

Customs valuation under Section 14

Section 14 of the Customs Act 1962, read with the Customs Valuation (Determination of Value of Imported Goods) Rules 2007, governs the valuation of imports. The primary method is transaction value (the price actually paid or payable) subject to additions for royalties, commissions, freight, and insurance. Related-party transactions trigger Special Valuation Branch (SVB) investigation — exporters and importers belonging to multinational group structures must be prepared for SVB review of inter-company pricing.

Customs duty structure post-2020

Post-GST, the customs duty structure on imports comprises: Basic Customs Duty (BCD) under the Customs Tariff Act 1975 first schedule; Social Welfare Surcharge at 10% of BCD; IGST under Section 3(7) of the Customs Tariff Act (equivalent to GST on inter-State supply); GST Compensation Cess where applicable; Anti-dumping duty / safeguard duty where notified. BCD and Social Welfare Surcharge are pure customs duties, while IGST and Compensation Cess are creditable as ITC by the registered importer.

Project Exports and Service Exports

E-commerce exports and courier mode

FTP 2023 has elevated e-commerce exports as a dedicated focus area. Exports through courier and postal mode under simplified shipping-bill procedures (Courier Imports and Exports (Electronic Declaration and Processing) Regulations 2010) allow small consignment exports without the full ICEGATE shipping-bill apparatus. Value caps and category restrictions apply. The e-commerce export window has expanded to USD 10,000 per consignment under the simplified regime, supporting D2C exporters and small-batch sellers on Amazon, eBay, and similar global platforms.

Project Exports regulatory framework

Project Exports — turnkey projects, civil construction contracts, and consultancy services exports — are governed by the RBI Memorandum of Instructions on Project Exports (PEM) read with FEMA. Project Export Committees at AD banks and (for large projects) the Working Group of RBI/EXIM Bank/ECGC clear proposals. The IEC + RCMC requirements apply, plus project-specific RBI approval. ECGC cover for political and commercial risk and EXIM Bank financing are critical accompaniments. Extended realisation periods (up to several years) reflect project economics.

Service Exports under FTP 2023

Service exports under FTP 2023 are dealt with in Chapter 7 with a specific focus on identifying eligible services and structuring incentive mechanisms. The earlier Service Exports from India Scheme (SEIS) was discontinued from 01-April-2022. Service exporters now access procedural benefits (Status Holder recognition, AEO eligibility) but not direct cash-equivalent incentives. The RBI purpose code structure (P0801 to P0809 and beyond) classifies service exports for FEMA reporting — software services, business consulting, financial services, R&D, etc.

What Pursaiwalkam clients usually ask next: On the ground in Pursaiwalkam, for the professional and salaried population of Pursaiwalkam navigating personal-tax and home-office GST.

Glossary

Plain-English glossary for this service

TIN

Tax Information Network earlier identifier replaced by GSTIN; IEC application requires legacy TIN where applicable for entity verification cross-check.

GSTIN

Goods and Services Tax Identification Number fifteen-digit PAN-based identifier mandatorily quoted on shipping bill for GST refund and LUT linkage.

Cancelled Cheque

Cheque with name printed and crossed cancelled, uploaded during IEC application as proof of bank account particulars for foreign exchange routing.

Branch Code

DGFT-assigned branch identifier under primary IEC enabling exports from multiple locations of same legal entity without separate IEC issuance per branch.

Annual Updation

Mandatory online confirmation of IEC particulars between April and June each year under Notification 58/2015-20, failing which IEC stands automatically deactivated.

IEC

Importer Exporter Code, a 10-digit unique number issued by DGFT to any person or business intending to engage in import or export of goods or services. Mandatory for any cross-border transaction in foreign currency. Once granted it remains valid for the lifetime of the entity but must be updated annually between April and June, failing which the IEC gets deactivated.

DGFT

Directorate General of Foreign Trade, the authority under Ministry of Commerce and Industry that administers India's Foreign Trade Policy, issues IEC, RCMC equivalents, EPCG, Advance Authorization, and RoDTEP scrips. Operates the iec.gov.in portal where most filings now happen with Aadhaar e-Sign or DSC.

RCMC

Registration cum Membership Certificate, issued by an Export Promotion Council or Commodity Board recognised by DGFT. Required for claiming benefits under Foreign Trade Policy schemes like duty drawback at higher rate, EPCG, Advance Authorization. Valid for 5 years from date of issue, renewable. Without a live RCMC most FTP benefits are blocked.

AD Code

Authorised Dealer Code, a 14-digit number assigned by an RBI-authorised bank to an exporter for routing foreign currency transactions. Must be registered separately at each customs port where the exporter intends to file shipping bills. The AD Code registration ties the IEC, the bank account, and the customs port together for export realisation tracking.

BRC

Bank Realisation Certificate, the document issued by the AD Bank confirming that export proceeds have been received in foreign currency against a specific shipping bill within the RBI-stipulated period. BRC closure on the EDPMS portal is prerequisite for claiming RoDTEP, duty drawback at composite rate, and for income tax exemption claims under various export incentive schemes.

EDPMS

Export Data Processing and Monitoring System, the RBI portal that consolidates export data from customs ICEGATE and AD Bank for monitoring realisation of export proceeds within prescribed period. Each shipping bill flows into EDPMS and must be closed by the AD Bank against corresponding FIRC and inward remittance within 9 months for goods exports.

IDPMS

Import Data Processing and Monitoring System, the RBI counterpart to EDPMS that tracks import payments by Indian importers. Each Form A1 or A2 outward remittance for import payment is linked to a Bill of Entry on IDPMS. AD Bank must reconcile each outward remittance with documentary evidence of goods receipt within 6 months for advance and 3 months post shipment for normal imports.

Cost of Non-Compliance

Real-world penalty exposure

Numerical examples showing tax + interest + penalty across common default scenarios.

ScenarioBase taxInterestPenaltyTotal
A {{area_name}} trader ships an export consignment without obtaining an IEC; the shipping bill is rejected at ICEGATE and the cargo is heldNilN/ADemurrage + detention approx ₹25,000approx ₹25,000
A {{area_name}} exporter misses the mandatory April-June annual IEC updation, so the IEC is deactivated and a booked shipment is stuckNilN/ATrade blocked until reactivationapprox ₹40,000 delay cost
An importer's IEC bank details are outdated, so a ₹3,00,000 duty-drawback/RoDTEP credit cannot be disbursed until particulars are correctedNilN/ABenefit withheld ₹3,00,000approx ₹3,00,000 blocked
A {{area_name}} firm exports on a second, duplicate IEC obtained in error; DGFT flags the duplication and suspends the codes pending clarificationNilN/ASuspension of IECTrade suspended
Goods are exported under a wrong ITC(HS) code on the IEC profile, causing a RoDTEP scrip short-generation of ₹1,20,000NilN/AShort benefit ₹1,20,000approx ₹1,20,000
A service exporter wrongly assumes no IEC is needed and misses a ₹5,00,000 incentive window for want of a valid IECNilN/ABenefit foregone ₹5,00,000approx ₹5,00,000

How Pursaiwalkam businesses typically avoid these: On the ground in Pursaiwalkam, the business activity radiating outward from Pursaiwalkam High Road and nearby commercial pockets; for the professional and salaried population of Pursaiwalkam navigating personal-tax and home-office GST.

By Industry

Industry-specific patterns in Pursaiwalkam

How the local trade mix shapes this — Across Pursaiwalkam, the business activity radiating outward from Pursaiwalkam High Road and nearby commercial pockets.

Chemicals and Petrochemicals Exports
Common issue: Chemical exporters frequently deal with restricted/prohibited categories under ITC-HS — items in the Negative List of Exports (Schedule 2 of ITC-HS) need DGFT-specific authorization. Several MSMEs proceed on IEC alone and face shipment seizure under Section 113 of the Customs Act 1962.
How we handle it: Pre-classify the export product under correct HS code; check against ITC-HS Schedule 2; apply for specific export authorization where required (e.g., certain solvents, ozone-depleting substances under Montreal Protocol). Chemicals also require MSDS, UN packaging certification, and Bureau of Indian Standards conformity for hazardous goods.
Chemicals and Petrochemicals Exports
Common issue: REACH (EU Regulation 1907/2006) compliance is required for chemical exports to the European Union — Indian exporters need either an Only Representative (OR) in the EU or registered EU buyer status. IEC and CHEMEXCIL RCMC do not substitute REACH compliance.
How we handle it: Engage an EU-based Only Representative for REACH dossier filing; budget for substantial registration fees per substance; explore the joint-submission route via SIEF to reduce costs. CHEMEXCIL provides advisory and clustered-submission support for Indian chemical exporters.
Food Processing and Beverages
Common issue: Processed food exporters need FSSAI Central Licence (not State Licence) for export operations under FSSAI Licensing Regulation 2011. Many MSMEs apply for IEC and APEDA registration but continue on State FSSAI licence — Customs and importing-country authorities flag this gap.
How we handle it: Upgrade FSSAI from State to Central Licence (apply via foscos.fssai.gov.in); ensure product labels comply with Codex Alimentarius and destination-country labelling regulations (US-FDA, EU FIC, Halal, Kosher as applicable); maintain HACCP/FSSC 22000 certification for buyer audits.
Food Processing and Beverages
Common issue: Beverage and alcohol exporters face additional regulatory layers — excise duty refund mechanisms under State excise rules and the Customs Tariff Act 1975 second schedule. IEC alone is insufficient; alcoholic beverage exports require State Excise NOC and category-specific export permit.
How we handle it: Coordinate with State Excise Commissioner for export permit (typically valid per consignment); apply for refund of State excise duty paid; maintain Form ARE-1 documentation under the erstwhile Central Excise regime to the extent legacy claims subsist. Non-alcoholic beverage exporters comply with FSSAI and APEDA only.
Plastics and Packaging Exports
Common issue: Plastics exporters face Extended Producer Responsibility (EPR) obligations under the Plastic Waste Management Rules 2016 (as amended 2022/2024) and parallel obligations in destination countries (EU Single-Use Plastics Directive). IEC and PLEXCONCIL RCMC alone do not discharge EPR.
How we handle it: Register on the CPCB EPR portal; maintain plastic-waste credit accounting; for EU exports, comply with EU SUPD by ensuring product is not on the restricted list; pursue biodegradable/compostable certification (CIPET, BIS standards) for higher-value market access. WTO Agreement on Trade Facilitation 2017 obligations are leveraged for faster Customs clearance.
Case Studies

Anonymised engagements we have handled

Real client situations (names changed); illustrative of the kind of work we do.

IEC Annual UpdatePharmaceuticals

Pharmaceutical Exporter IEC Update Lapse Reactivation

Issue: A mid-sized pharma exporter missed the annual IEC update window (April-June) and discovered deactivation only when a USD 380,000 shipment was held at ICEGATE in early August. The European buyer imposed demurrage of USD 4,200 per day. Bank also held foreign inward remittance for an unrelated transaction.
Approach: Immediate filing of IEC modification with current particulars on dgft.gov.in along with declaration of no change. Simultaneous communication to customs at port requesting provisional clearance against bond pending IEC reactivation. Coordinated with bank for FIRC release upon IEC restoration confirmation.
Outcome: IEC reactivated within 4 working days; shipment cleared on day 6. Demurrage cost limited to USD 25,200 against potential cancellation of USD 380,000 order. Installed annual diary reminder for future compliance.
RCMCLeather Goods

Leather Goods Exporter RCMC Lapse Incentive Recovery

Issue: Leather goods exporter claimed RoDTEP and Duty Drawback aggregating INR 22 lakh across 14 shipping bills. Subsequent post-clearance audit revealed RCMC with Council for Leather Exports had expired before 9 of those shipments. Recovery proposed with 18% interest.
Approach: Demonstrated that RCMC renewal application was filed before expiry but issuance was delayed by EPC office. Produced acknowledgement of renewal application and proof of payment. Cited Asahi India Glass on substantive vs procedural compliance and DGFT trade notices recognising continuity of RCMC during pending renewal.
Outcome: Recovery proposal dropped for 7 shipments where renewal application was on record before expiry. Limited liability of INR 4.8 lakh for 2 shipments where even application was post-expiry. Net saving INR 17.2 lakh.
EOU De-bondingMarine Products

Marine Products Exporter EOU De-bonding

Issue: Export-Oriented Unit producing frozen seafood sought de-bonding after completing 5-year lock-in. Customs raised demand of INR 1.9 crore for duty foregone on imported capital goods and consumables and SCN for non-fulfilment of NFE obligation by INR 70 lakh over 5 years.
Approach: Reconstructed NFE computation across 5 years showing aggregate positive NFE of INR 3.4 crore based on revised export FOB recognition under FTP 2023. Filed detailed reply with statutory auditor's NFE certificate. For capital goods, claimed depreciation under Customs Notification 22/2003-CE and de-bonding policy on residual value.
Outcome: NFE shortfall demand dropped; capital goods duty reduced to depreciated residual value of INR 41 lakh against original INR 1.9 crore. Final de-bonding completed in 11 months; saving INR 1.49 crore.
Shipping Bill AmendmentGranite and Stone

Granite Exporter Shipping Bill Amendment for IEC Mismatch

Issue: Granite exporter dispatched 8 shipping bills bearing old IEC even though IEC was modified for change of constitution from proprietorship to private limited company. Customs froze RoDTEP credit of INR 14 lakh and proposed denial of duty drawback for the period of mismatch.
Approach: Filed shipping bill amendment application under Section 149 Customs Act for correction of IEC particulars. Produced board resolution and DGFT modification certificate evidencing seamless succession with same business. Cited Mangalore Refinery v UoI on continuity of beneficial schemes despite procedural reorganisation.
Outcome: Customs allowed amendment for all 8 bills; RoDTEP credit of INR 14 lakh released. Duty drawback approved. Total recovered INR 19.6 lakh within 4 months.

Why these Pursaiwalkam engagements look the way they do: On the ground in Pursaiwalkam, the business activity radiating outward from Pursaiwalkam High Road and nearby commercial pockets; for the professional and salaried population of Pursaiwalkam navigating personal-tax and home-office GST.

Client Reviews

What Pursaiwalkam Clients Say

Ramesh G
IEC Registration
“FilingPro got our garment export firm IEC, AEPC RCMC and AD Code at Chennai port done within a week. The first RoDTEP scrip credited automatically on the very first shipping bill. Clean coordination across DGFT, Customs and ICEGATE.”
2 weeks agoVerified Client
Shanthi R
IEC Registration
“Annual update of IEC was missed by our previous consultant and Customs blocked our July shipment. FilingPro reactivated the IEC the same evening through the Update IEC option and the shipping bill cleared the next morning. Saved a critical export consignment.”
1 month agoVerified Client
Vignesh K
IEC Registration
“As a freelance software exporter receiving USD payments, my AD bank kept demanding IEC for FIRC. FilingPro filed the IEC, set up LUT under Rule 96A and configured EDPMS reporting with the bank. Foreign remittances now hit the account without queries.”
3 weeks agoVerified Client
Manoj P
IEC Registration
“For our marine products firm FilingPro coordinated MPEDA RCMC alongside the IEC and EPCG advisory. Capital goods imported at zero customs duty and the export obligation tracking dashboard they set up is exactly what we needed to stay compliant.”
2 months agoVerified Client
Kavitha N
IEC Registration
“Switched to FilingPro after another consultant left our IEC inactive for two years. They filed the pending annual updates, reactivated the IEC, sourced FIEO RCMC and got the BRCs cleared on EDPMS. Comprehensive recovery in three weeks.”
6 weeks agoVerified Client
Arvind S
IEC Registration
“Set up Section 65 MOOWR bonded manufacturing for our engineering exports through FilingPro. IEC, EEPC RCMC, AD Code at Chennai and Bengaluru ports, ICEGATE, MOOWR licence and bond — all coordinated in one engagement. Outstanding professional service.”
2 months agoVerified Client
4.9
312+ reviews
500+
Active Clients
15+
Years Exp
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3★
Common Questions

IEC FAQ — Pursaiwalkam

Common questions from Pursaiwalkam clients. Call 9566-068-468 for specific queries.

Core documents prescribed in ANF-2A: (i) PAN of the entity, (ii) Aadhaar of the proprietor or authorised signatory for OTP authentication, (iii) cancelled cheque or banker's certificate in the prescribed format showing entity name, account number and IFSC, (iv) address proof of business premises (electricity bill, rent agreement, sale deed or telephone bill not older than two months) and (v) DSC for partnerships, LLPs and companies along with the board resolution / authorisation.
Bank Realisation Certificate (BRC) is issued by the AD bank confirming that export proceeds have been received in convertible foreign exchange. Section 8 of FEMA 1999 read with the RBI Master Direction on Export of Goods and Services 2015-16 requires realisation within 9 months of the date of export. BRC is the documentary proof and is mandatory for closure of shipping bills on EDPMS, claim of RoDTEP, drawback and discharge of EPCG / Advance Authorisation export obligations.
Yes. We handle IEC Registration for salaried individuals, proprietors, partnerships, LLPs and private limited companies across Pursaiwalkam. Whatever your structure, we scope the IEC work to fit it — call 9566-068-468 to discuss yours.
Section 11(2) of the Customs Act 1962 read with Section 11(2A) treats import or export without IEC as an offence attracting confiscation of goods and a penalty equal to the value of the goods. Concurrently Section 11 of the FT(D&R) Act 1992 prescribes monetary penalty up to five times the value of the goods or ₹1,000 whichever is higher, alongside denial of incentives and possible appearance on the denied entity list.
Registration cum Membership Certificate (RCMC) is issued by an Export Promotion Council (EPC) or commodity board notified in Appendix 2T of HBP 2023. Para 2.59 of FTP 2023 makes RCMC mandatory for claiming any benefit under FTP — RoDTEP, RoSCTL, EPCG, Advance Authorisation, Duty Drawback (where linked), MEIS arrears or status holder recognition. Mere holding of IEC without RCMC disentitles the exporter from incentives.
Yes. Beyond IEC Registration, we cover GST, income tax, TDS, company and LLP registrations, digital signatures, audits and finance documentation — so Pursaiwalkam clients keep all their compliance under one roof. Ask us about anything on 9566-068-468.
The application fee notified under Appendix 2K of HBP 2023 is ₹500, paid online through net banking, credit card, debit card or UPI on the DGFT portal at the time of submission. The same ₹500 fee applies to fresh issue and to certain modifications. There is no fee for the mandatory annual update or for surrender.
A pure service exporter receiving foreign exchange under categories specified in RBI's Master Direction on Export of Services does not need an IEC unless he wishes to claim FTP benefits like SEIS arrears. However, most AD banks insist on IEC for KYC-linking inward remittances on EDPMS and for FIRC issuance, so IEC is obtained as a matter of practical necessity even by software, freelance and consulting exporters.
Delays in statutory work can mean penalties, interest or blocked services that usually cost far more than acting on time. For Pursaiwalkam clients we track the relevant due dates and remind you in advance so IEC stays on schedule. Call 9566-068-468 if you suspect you have already missed a deadline.
Yes. Para 2.07 of FTP 2023 read with Para 2.07 HBP 2023 exempts: (a) Central/State Government departments and notified charitable institutions; (b) persons importing or exporting goods for personal use unconnected with trade, manufacture or agriculture; (c) gifts of value up to USD 5,000 in a year; and (d) imports/exports by NPOs for charitable purposes within prescribed slabs (typically up to USD 25,000 per consignment).
ICEGATE (Indian Customs and Central Excise Electronic Commerce / EDI Gateway) is the CBIC portal at icegate.gov.in for filing shipping bills, bills of entry and accessing customs data. Exporters and importers register on ICEGATE with their IEC, DSC and AD Code. ICEGATE registration is required to track shipments, claim IGST refunds and access bond / drawback ledgers.
Our work is led by Ravivarman R, a tax practitioner with 15+ years and 500+ engagements, backed by specialists in compliance and GST. We base every IEC Registration recommendation on current law and your actual facts — not generic templates — and we are happy to explain the reasoning.
Remission of Duties and Taxes on Exported Products (RoDTEP) replaced MEIS with effect from 1-Jan-2021 to comply with WTO subsidy rules. Rates are notified in Appendix 4R of HBP 2023 by HS code. The benefit is auto-credited as a transferable e-scrip in the exporter's RoDTEP ledger on ICEGATE on shipping bill closure provided IEC is active, RCMC is held and the RoDTEP claim flag is selected at the time of filing the shipping bill.
Surrender is filed online under Services > IEC > Surrender IEC with reasons. DGFT processes the surrender and intimates Customs and the issuing authority. Pending export obligations under EPCG / Advance Authorisation must be discharged before surrender is accepted. There is no fee.
Yes. SEZ units though deemed to be foreign territory for trade purposes must hold an active IEC for filing Bills of Export, Bills of Entry into the SEZ from DTA and for transactions with overseas buyers. The IEC is also required for opening EEFC accounts and for receipt of export proceeds. SEZ developers and co-developers similarly require IEC.
Yes. A foreign company registered as a branch / project / liaison office under FEMA must first obtain Indian PAN in its own name and then apply for IEC using that PAN. Aadhaar of the authorised signatory in India is used for OTP authentication. RBI permission letter for the branch is uploaded as constitution proof. CIN-PAN-IEC mapping is auto-effected on issue.
IEC near Pursaiwalkam:

Our IEC clients in Pursaiwalkam are spread right across the locality — along Elephant Gate Bridge Road, Brick Klin Road, EVR Periyar Salai, Gangadeeshwar Koil Street and Millers Road, and through the Purasawalkam High Road, Raja Annamalai Road, Barracks Gate Salai and Basin Bridge Road business stretches — so wherever your premises sit, expert help is close by.

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Professional IEC Registration in Pursaiwalkam, Chennai. Call @ 9566-068-468. Offices at Maduravoyal, Nerkundram & Nolambur (upcoming). 15+ years experience, 4.9★ rated.

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