{"id":22441,"date":"2020-12-21T12:36:12","date_gmt":"2020-12-21T07:06:12","guid":{"rendered":"https:\/\/corpbiz.io\/learning\/?p=22441"},"modified":"2020-12-21T12:37:16","modified_gmt":"2020-12-21T07:07:16","slug":"iec-registration-for-exporting-electronic-appliances-from-india","status":"publish","type":"post","link":"https:\/\/corpbiz.io\/learning\/iec-registration-for-exporting-electronic-appliances-from-india\/","title":{"rendered":"How to get IEC Registration for Exporting Electronic Appliances from India?"},"content":{"rendered":"\n<p class=\"has-drop-cap\">Do you have a legitimate business setup that deals with the\nmanufacturing of Electronic appliances? Are you looking forward to sell your\nofferings beyond national boundaries? You will be required to avail Import\nExport Code in the first place to serve that purpose. <\/p>\n\n\n\n<p>The Import Export Code is a 10 digit code issued against the PAN\ncard of the individual. Anybody who wishes to setup an export business in India\nwould need this code for addressing the legality of the shipping procedure.\nThis blog will let you fetch some crucial information regarding the IEC code\nfor exporting Electronic Appliances from India.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\" style=\"cursor:pointer\">Page Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/corpbiz.io\/learning\/iec-registration-for-exporting-electronic-appliances-from-india\/#Export_Prospects_for_the_Manufacturers_of_Electronic_Appliances_in_the_Current_Scenario\" >Export Prospects for the Manufacturers of\nElectronic Appliances in the Current Scenario<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/corpbiz.io\/learning\/iec-registration-for-exporting-electronic-appliances-from-india\/#Role_of_IEC_Certification_in_the_Exporting_of_Electronic_Appliances\" >Role of IEC Certification in the Exporting\nof Electronic Appliances<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/corpbiz.io\/learning\/iec-registration-for-exporting-electronic-appliances-from-india\/#What_Value_does_IEC_Offer_to_the_Exporters_of_Electronic_Appliances\" >What Value does IEC Offer to the Exporters\nof Electronic Appliances?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/corpbiz.io\/learning\/iec-registration-for-exporting-electronic-appliances-from-india\/#How_Can_the_Manufacturers_of_Electronic_Appliances_Avail_IEC_Code\" >How Can the Manufacturers of Electronic\nAppliances Avail IEC Code?&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/corpbiz.io\/learning\/iec-registration-for-exporting-electronic-appliances-from-india\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Export_Prospects_for_the_Manufacturers_of_Electronic_Appliances_in_the_Current_Scenario\"><\/span>Export Prospects for the Manufacturers of\nElectronic Appliances in the Current Scenario<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>China has remained the centre stage for all importers around the\nworld when it comes to electronic goods. Since their products are cheap and\nadhere to an acceptable quality, its competitors were facing an unprecedented\nchallenge from its export potential. But, the recent outage has changed this\nscenario entirely. <\/p>\n\n\n\n<p>Due to COVID 19 pandemic, China\u2019s formidability in the export\narena has been hindered so badly that it will take years for the country to\ncome back on track. This opens massive opportunities for Indian exporters\nespecially those who are dealing with electronic appliances. The disruption of\nthe supply chain mechanism in China due to COVID 19 is now helping Indian\nexporter to grow their business to a considerable extend.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Role_of_IEC_Certification_in_the_Exporting_of_Electronic_Appliances\"><\/span>Role of IEC Certification in the Exporting\nof Electronic Appliances<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Import Export Code (IEC) aims at legalizing the process of\nforeign trade either via sea or air transports from the ground up. The DGFT\nportal defines the Import Export Code as the key business identification number\nwhich is mandatory for all the business facilities engaged with the international\ntrading of goods.<\/p>\n\n\n\n<p>Directorate General of Foreign Trade (DGFT) is solely\nresponsible for granting the Import Export Code in India. An applicant seeking\nto get engaged with foreign trading of goods has to make an application\nregarding IEC on the DGFT\u2019s official website. Upon receiving the request, the\nDGFT\u2019s officials analyse the application on several grounds for legitimacy.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_Value_does_IEC_Offer_to_the_Exporters_of_Electronic_Appliances\"><\/span>What Value does IEC Offer to the Exporters\nof Electronic Appliances?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>IEC Codes not only legalizes the exporting business from the\nground up but also help in availing the following benefits:-<\/p>\n\n\n\n<ul><li>Ensure speedier shipment by reducing overhead times.\u00a0<\/li><li>Impart transparency into the shipping process by eliminating the illegal\u2019s elements.<\/li><li>Reduce inspection delays.\u00a0<\/li><li>Allow exporters to curb payment delays from overseas buyers.\u00a0<\/li><li>Allow exporter to avail host of government-based schemes to maximize the profit.\u00a0<\/li><li>IEC serves lifetime validity to the exporters.\u00a0<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_Can_the_Manufacturers_of_Electronic_Appliances_Avail_IEC_Code\"><\/span>How Can the Manufacturers of Electronic\nAppliances Avail IEC Code?&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p> DGFT has simplified the process for obtaining the Import Export Code in India. The applicant looking for an IEC code needs to visit the DGFT\u2019s portal and make an application for the same. <\/p>\n\n\n\n<p><strong>The steps below would let you complete the IEC registration process with ease.\u00a0 <\/strong><\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter is-resized\"><img decoding=\"async\" src=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/12\/The-steps-below-would-let-you-complete-the-IEC-registration-process-with-ease.png\" alt=\"IEC registration process\" class=\"wp-image-22459\" width=\"497\" height=\"472\" srcset=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/12\/The-steps-below-would-let-you-complete-the-IEC-registration-process-with-ease.png 1000w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/12\/The-steps-below-would-let-you-complete-the-IEC-registration-process-with-ease-300x285.png 300w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/12\/The-steps-below-would-let-you-complete-the-IEC-registration-process-with-ease-768x730.png 768w\" sizes=\"(max-width: 497px) 100vw, 497px\" \/><\/figure><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">Step 1: Go to the DGFT\u2019s portal<\/h3>\n\n\n\n<p>Use the given URL to reach out to the DGFT website.&nbsp;<\/p>\n\n\n\n<p><a href=\"https:\/\/dgft.gov.in\/CP\/\">https:\/\/dgft.gov.in\/CP\/<\/a><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step 2: Select the \u201cApply for IEC\u201d option<\/h3>\n\n\n\n<p>After entering the aforesaid URL, you will be landed on the home\npage of the portal. Here you need to click on the tab named \u201cApply for IEC\u201d<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step 3: Provide your Credentials<\/h3>\n\n\n\n<p>After clicking the \u201cApply for IEC\u201d, the portal will direct to\nthe page where you need to enter your credentials such as Name, contact number,\nemail id, and resident detail including Pin code.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step 4: Completes the OTP Verification Process&nbsp;<\/h3>\n\n\n\n<p>After fulfilling the requirement in the above step, tap on the\noption called &#8220;Send OTP,\u201d. The portal, in response to this action, will\nsend the One Time Password (OTP) on the contact number and email ID.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step 5: Get Back to Home Page<\/h3>\n\n\n\n<p>Head over to the home page of the portal &amp; click again the\n&#8220;Apply IEC&#8221; button. The next thing you need to do is to complete the\nlogin formalities.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step 5: Start filling the IEC web-based\napplication&nbsp;<\/h3>\n\n\n\n<p>Once you logged on successfully, the portal will prompt the<a href=\"https:\/\/corpbiz.io\/iec-registration\"><strong> IEC registration<\/strong><\/a> form on your screen. All you need to start filling up the application with legitimate information.\u00a0<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step 6: Provide Relevant Information Regarding\nCompany and Bank<\/h3>\n\n\n\n<p>Make sure to fill in detail about the ownership of the company\nas well as the bank detail such as an Account Number, IFSC Code, and Branch\nname.&nbsp;Also, make sure to upload the canceled cheque of the bank and then\nenter the \u201cSave and Next\u201d button.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step 8: Select the area of operation as well\nas the Acceptance of Undertaking<\/h3>\n\n\n\n<p>As you glide through the detail in the application, you will\ncome across the option where you need to select the \u201carea of operation\u201d your\ncompany deals with. After that, you also require to select Acceptance of\nUndertaking. Once done, tap on the &#8220;Save and Next&#8221; button followed by\nthe Sign button.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step 9: Submit the Application fee<\/h3>\n\n\n\n<p>Select the method for the submission of the web-based form\neither through DSC (Digital Signature Certificate) or Aadhar OTP. Once done,\nsign the application and click the submit button. After that, you are required\nto fulfill the payment requirement against the submitted web-form. The DFGT\nportal demand Rs 500 for the IEC registration form. Again, the payment can be\nmade on the same portal where you submit the application.&nbsp;<\/p>\n\n\n\n<p>After submitting the requested fees, the portal will redirect\nyou to the home page of the DGFT website where you can receive the\nsame.&nbsp;&nbsp;The DGFT website also allows its users to download the IEC\nCertificate via the &#8220;Print Certificate&#8221; feature listed in the\n&#8220;Managing IEC.&#8221;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The Business of Electronic Appliances in India is thriving rapidly, and so does its export potential. The business entities which were eyeing to cater to overseas masses need to avail IEC without any exception. Feel free to take assistance from <a href=\"https:\/\/corpbiz.io\/\"><strong>Corpbiz<\/strong><\/a> expertise for obtaining any type of government registration, including the Import export code.<\/p>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/relevance-of-iec-for-oil-export-business\/\">A Complete Overview on Relevance of IEC for Oil Export Business\n<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Do you have a legitimate business setup that deals with the manufacturing of Electronic appliances? Are you looking forward to sell your offerings beyond national boundaries? You will be required to avail Import Export Code in the first place to serve that purpose. The Import Export Code is a 10 digit code issued against the [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":22453,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[165],"tags":[1343],"acf":{"service_id":"16"},"authorName":"Pankaj Tyagi","authorImageUrl":"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2022\/01\/MicrosoftTeams-image-42.jpg","authorDescription":"Pankaj has a diverse experience of writing research papers, blog, and articles during his college time. Earlier, he was working as a tax consultant in a financial firm, but his interest in writing drives him to pursue a career in the writing field.","postViews":4365,"readingTime":4,"_links":{"self":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/22441"}],"collection":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/comments?post=22441"}],"version-history":[{"count":20,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/22441\/revisions"}],"predecessor-version":[{"id":22464,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/22441\/revisions\/22464"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media\/22453"}],"wp:attachment":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media?parent=22441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/categories?post=22441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/tags?post=22441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}