
What Is IEC Renewal & why is It Needed?
In India, Importer-Exporter Code renewal is needed for securing import-export business from potential trade related disruptions.
The major reasons behind obtaining IEC Renewal covers –
- Comply with Regulatory Compliances to expedite Import-Export operations
- Adhere with DGFT trade regulatory guidelines that mandated IEC Renewal process post its expiry
- Avoid the risk of IEC Certification deactivation, which gets deactivated for avoiding IEC Renewal within a specific time frame
- Facilitate international trade and avoid delay in customs clearance with a valid IEC Certificate
- Maintain valid and updated IEC detail for smooth customs clearance
Which Documents Are Needed for IEC Renewal?
- IEC Licence Number
- PAN Card details
- Registered Address Proof
- Authentic PAN Card / Adhar Card Details or other valid ID
- GST Registration Certificate
- Digital Signature Certificate / e-Design used in Aadhar
- Valid Bank Account details
Still Not sure of initiating IEC Renewal process?
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