Question

List the codal formalities to obtain IEC No.

Answer 1

For obtaining the IEC number, a firm has to apply to the Director-General for Foreign Trade (DGFT) with documents such as:

1. Exporter/importer profile

2. Bank receipt for the requisite fee

3. Certificate from the banker on the prescribed form

4. Two copies of photographs attested by the banker

5.Details of the non-resident interest

6. Declaration about the applicant’s non-association with caution listed firms