{"id":29170,"date":"2021-04-19T12:00:44","date_gmt":"2021-04-19T06:30:44","guid":{"rendered":"https:\/\/corpbiz.io\/learning\/?p=29170"},"modified":"2021-04-19T12:00:45","modified_gmt":"2021-04-19T06:30:45","slug":"can-you-import-without-iec-number","status":"publish","type":"post","link":"https:\/\/corpbiz.io\/learning\/can-you-import-without-iec-number\/","title":{"rendered":"Can You Import Without IEC number? Let\u2019s Figure it Out!"},"content":{"rendered":"\n<p class=\"has-drop-cap\">Are you planning to start your import and export business in an international level? Well, you must know that there are different standards and paperwork you need to comply with, for allowing your business to run seamlessly. So, if the business is regarding import and export then the primary aspect that is needed to meet is the\u00a0<strong>IEC number<\/strong>\u00a0or the Import Export Code. This is a unique 10 digit code issued by the DGFT or the Director-General of Foreign Trade. Predominantly the importers and exporters merchant cannot import or export goods or avail benefits from DGFT without the Import Export Code without obtaining the IEC. So, in this article we will let you know that can you really import without IEC number and under what conditions you can do so.<\/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\/can-you-import-without-iec-number\/#What_Are_the_Reasons_to_Register_under_Import_Export_Code\" >What Are the Reasons to Register\nunder Import Export Code<\/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\/can-you-import-without-iec-number\/#When_can_you_Import_Without_IEC_Number\" >When can you Import Without IEC\nNumber?<\/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\/can-you-import-without-iec-number\/#Further_Exempted_Categories_to_Import_Without_IEC\" >Further Exempted Categories to Import\nWithout IEC<\/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\/can-you-import-without-iec-number\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_Are_the_Reasons_to_Register_under_Import_Export_Code\"><\/span>What Are the Reasons to Register\nunder Import Export Code <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>There are reasons to register and receive an Import\nand Export Code as import without IEC is subject to certain conditions. A\nPartnership Firm involved in the business of import-export must register under\nIEC due to the following given below reasons:-<\/p>\n\n\n\n<ul><li>IEC strengthens the Company and ensures the growth of an organization by complying it to enter in the international markets.<\/li><li>Because of the IEC Number it can influence and benefit the business entity with many subsidies as provided by DGFT,\u00a0Custom and Export Promotion Council.<\/li><li>The IEC number Registration is a very easy and simplified process. The applicant gets the IEC Number within few days and so it is also      time-efficient. Further, the advantage to get IEC number is that once it      is obtained it shall hold an unlimited validity which acts like a bonus and does not require Code renewal.<\/li><li>The IEC number gives legal protection for the Partnership Firm which enables in carrying import-export activities without much obstruction.<\/li><li>There are no mandatory filings or post-compliances to the DGFT Department in case of <a href=\"https:\/\/corpbiz.io\/iec-registration\"><strong>IEC Registration<\/strong><\/a>. It is a very much simplified process.<\/li><\/ul>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/can-one-iec-code-be-used-for-two-businesses\/\">Can One IEC Code be Used for Two Businesses?<\/a><\/mark><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"When_can_you_Import_Without_IEC_Number\"><\/span>When can you Import Without IEC\nNumber?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Although IEC is mandatory before dealing with import and export business but there are certain conditions when no IEC\u00a0numbers\u00a0shall be required for Import and Export. According to the circular issued by the <em><strong>Government of India<\/strong><\/em><sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/Government_of_India\"><em><strong>[1]<\/strong><\/em><\/a><\/sup>, IEC is not compulsory for the companies that are registered under GST.<\/p>\n\n\n\n<p>Consequently, the importer or exporters will not be required to apply for separate IEC number for\u00a0importing and exporting in India. As per the DGFT, the\u00a0PAN shall be considered as the new IEC number for the intention of importing, exporting and the DGFT department. As per the Government of India, there are two kinds of categories to deal with who can import without IEC:-<\/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\/2021\/04\/When-can-you-Import-Without-IEC-Number-1.png\" alt=\"Import Without IEC Number\" class=\"wp-image-29177\" width=\"468\" height=\"242\" srcset=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2021\/04\/When-can-you-Import-Without-IEC-Number-1.png 733w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2021\/04\/When-can-you-Import-Without-IEC-Number-1-300x156.png 300w\" sizes=\"(max-width: 468px) 100vw, 468px\" \/><\/figure><\/div>\n\n\n\n<p><em><strong>Let us know about it one by one:-<\/strong><\/em><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">IEC for Person Registered under\nGST<\/h3>\n\n\n\n<p>According to the Government of India, if the business\nenterprise is&nbsp;registered&nbsp;for&nbsp;GST,\nthen&nbsp;the GSTIN&nbsp;number obtained may be used for the purpose of import\nand export in India. Nonetheless, to continue maintaining the consistency, the\nDGFT department has agreed that the PAN number must be used as an IEC number\nand not the GSTIN number. <\/p>\n\n\n\n<p>Furthermore, the application shall be sent to DGFT\ndepartment for the new applicants and then the DGFT department shall issue the\nIEC number which will be same as the PAN number only. Therefore, the DGFT department\nis making requisite changes to the system for the existing IEC holder, in order\nthat the PAN number shall be accepted as the IEC number.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">IEC for Person Not Registered under\nGST<\/h3>\n\n\n\n<p>For persons who are not registered under GST, in that\ncase the PAN number shall act as&nbsp;the IEC number. Furthermore, for all the new\napplicants for those not obligatory to register under GST, in such a case there\nshall be an application made to DGFT and then the applicant\u2019s PAN shall be authorized\nas the IEC.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Further_Exempted_Categories_to_Import_Without_IEC\"><\/span>Further Exempted Categories to Import\nWithout IEC<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Besides the above given category, there are further\nexempted categories which satisfies the criteria of import without IEC. Below\ngiven are the details about the exempted categories to obtain Import Export\nCode number and to export and import without IEC.<\/p>\n\n\n\n<p>As per the Foreign Trade Policy of India, IEC is obligatory\nfor import and or exports. Nonetheless, these following categories of the\nimporters or exporters are exempted from obtaining the IEC.<\/p>\n\n\n\n<ul><li>Importers covered under clause 3(1) (except sub clauses (e) and (l)) and exporters that are covered under clause 3(2) (except sub clauses (i) and (k)) of Foreign Trade (Exemption from application of Rules in certain cases) Order, 1993.<\/li><li>Ministries and the Departments of Central Government or State Government and Notified Charitable Institutions can import without IEC.<\/li><li>Persons who are importing or exporting goods for their personal use that is not connected with the trading or manufacturing, commercial use or agriculture.<\/li><li>Persons who are involved in importing or exporting goods from or towards Nepal, Myanmar through the border areas of Indo-Myanmar and China (through Namgaya Shipkila, Gunji, and Nathula ports), provided a single consignment\u2019s CIF value does not go beyond Indian Rs.25,000 and in case of Nathula port, the pertinent ceiling value will be Rs. 1,00,000\/-<\/li><\/ul>\n\n\n\n<p>Further, import without IEC shall\nnot apply for exporting of (SCOMET) as listed in Appendix &#8211; 3, Schedule 2 of\nITC (HS) except in the case of exports by category (ii) given below:<\/p>\n\n\n\n<ul><li>Special Chemicals, <\/li><li>Organisms, <\/li><li>Materials,<\/li><li>Equipments and <\/li><li>Technologies<\/li><\/ul>\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>IEC number is very important for the business dealers\nmanaging with the import and export of the business globally. Without obtaining\nIEC number, they will not be able to continue with the business and will have\nto face unnecessary consequences.<\/p>\n\n\n\n<p>Hence, the above given exceptions to import without IEC is subject to certain conditions which the business dealers must go through properly before starting to import without IEC.<\/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\/format-of-iec-application\/\">What is the Format of IEC Application?<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Are you planning to start your import and export business in an international level? Well, you must know that there are different standards and paperwork you need to comply with, for allowing your business to run seamlessly. So, if the business is regarding import and export then the primary aspect that is needed to meet [&hellip;]<\/p>\n","protected":false},"author":33,"featured_media":29176,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[165],"tags":[1678],"acf":{"service_id":"16"},"authorName":"Kandarp Vanita","authorImageUrl":"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2021\/02\/image_2021_02_01T09_09_44_024Z.png","authorDescription":"Kandarp Vanita has done masters in Corporate and Commercial Law from WB National University of Juridical Sciences. She has 3 yrs of experience in drafting legal documents &amp; dissertations. Being a curious reader, she is also passionately into providing legal backups and comprehensive understandings in every aspect of Law to the firms.","postViews":8255,"readingTime":4,"_links":{"self":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/29170"}],"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\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/comments?post=29170"}],"version-history":[{"count":11,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/29170\/revisions"}],"predecessor-version":[{"id":29184,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/29170\/revisions\/29184"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media\/29176"}],"wp:attachment":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media?parent=29170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/categories?post=29170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/tags?post=29170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}