IEC Verification: How to Verify Your IEC Code Online?

Import-export code (IEC) is required for Indian enterprises to engage in the import and export of goods. Hence, annual IEC verification is a critical compliance, as it avoids any regulatory hiccup leading to smooth enterprise trade operations in the clearance of goods or receiving remittances. This article is a guide on the IEC code and how to verify the same.

Key Takeaways

• IEC, a 10-digit code matching PAN, is mandatory for all import/export activities in India, issued by DGFT, enabling customs clearance and foreign remittances.
• Annual profile confirmation on DGFT portal (between April-June) is required to keep IEC active; failure leads to deactivation, blocking shipments and banking.
• Check IEC status online via DGFT portal's "View Any IEC Details" using IEC/PAN and firm name to ensure compliance and access incentives.

What is an IEC code?

An IEC is a 10-digit unique identification number which is issued by the Directorate General of Foreign Trade (DGFT). Any enterprise intending to import or export goods must mandatorily obtain an IEC.

While your IEC number is now identical to your PAN number, they are not the same thing. A PAN is for tax tracking, whereas the IEC must be separately activated via a DGFT application to permit international trade.

Mandatory Annual Update

Electronic confirmation of the IEC profile on the DGFT portal is compulsory every year between April and June. This requirement applies even if business details remain unchanged, failure to confirm the profile results in automatic deactivation, halting all shipments and trade-related banking.

Why is IEC Verification Important?

How to Verify IEC (Import Export Code) Online?

1. Visit the DGFT Portal 
2. Navigate to Services > View Any IEC Details.
3. Enter the IEC Number and the Firm Name (first three letters).
4. Enter the Captcha to see the real-time status (Active/Inactive).

To Perform the Mandatory Annual Update:

1. Log in to the DGFT Portal with your credentials.
2. Go to Services > IEC Profile Management > Update/Modify IEC.
3. Review details and click 'Confirm' to complete the annual requirement.

Different IEC Verification Statuses and Their Meanings

Benefits of IEC Code Verification

• Zero-Delay Customs Clearance: Customs authorities use the ICEGATE system to verify your IEC status before releasing any cargo.
• Seamless Global Banking: Under RBI guidelines, banks cannot process international wire transfers for trade without an active IEC.
• Protection of Export Incentives: The Indian government offers several duty-saving schemes like RoDTEP and Advance Authorisation.
• Verified Business Credibility: The DGFT portal offers a "View Any IEC" tool used by foreign buyers, suppliers, and shipping lines for due diligence.