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October 6, 2026 · Guides

What is DGFT and IEC (Import Export Code)

DGFT is the Directorate General of Foreign Trade, the government body that frames and administers India’s foreign trade policy. IEC is the Import Export Code it issues to businesses. Anyone importing or exporting goods or services commercially generally needs an IEC, along with a PAN-based business identity.

Why it matters

Customs, banks and shipping lines ask for your IEC when you clear goods or receive foreign payments. Without it, shipments can get stuck. You can start with import export registration through our team.

When you need an IEC

  • Importing goods for trade or business use.
  • Exporting goods, and in many cases services, for payment.
  • Claiming export incentives or schemes.
  • Opening certain foreign-exchange related facilities with your bank.

Exceptions exist for some personal imports and exports, so confirm for your case.

Key points

  • The application is made online on the DGFT portal, linked to your PAN and business details.
  • Keep your profile current. An IEC has permanent validity, but changed details must be updated within 30 days; see import export renewal for help.
  • Other DGFT items may follow: the EPCG licence for capital goods, and a SCOMET licence for controlled items.
  • For exports, your bank’s AD code registration is linked to your customs port.

Common mistakes

Small errors cause most delays, and they are easy to avoid with a quick check before you apply.

  • Starting a shipment before the IEC is active.
  • Mismatch between PAN, bank and IEC details.
  • Not updating changed details such as address or bank account, which can cause mismatches and delays.
  • Treating IEC as a substitute for other permits.

Related guides: GSTIN explained, MCA and ROC, MSME classification

FAQs

Is IEC the same as GST registration?

No. IEC is for foreign trade from DGFT. GST is a separate tax registration.

Do service exporters need an IEC?

Often it is needed for incentives or banking, but requirements vary. Check for your situation.

Does IEC need renewal?

No. An IEC has permanent validity, but you must update details on the DGFT portal within 30 days of any change in firm constitution, address, bank details or other primary details.

Planning to import or export? Talk to a Taxhint expert and get your IEC ready first.