Simplify your import-export
business with IEC registration
through GMH & Associates
🟩 Obtain IEC from DGFT portal
🟩 Mandatory for import-export trade
🟩 Quick online filing process
🟩 Fast approval within 1–2 days
🟩 Complete documentation support
The Import Export Code (IEC) is a 10-digit identification number issued by DGFT for businesses involved in international trade.
IEC is mandatory for customs clearance foreign payments and export incentives. The registration remains valid for lifetime with annual updates required between April and June.
The Import Export Code (IEC) is a 10-digit identification number issued by DGFT for businesses involved in international trade.
IEC is mandatory for customs clearance foreign payments and export incentives. The registration remains valid for lifetime with annual updates required between April and June.
Benefits
Benefits
Tax Comparison
Sole Proprietorship
vs Others
Tax Rate
Individual income tax slabs
ranging from 0% to 30%.
Minimum Tax
No tax payable up to
₹2.5 lakhs of income.
Expense Deduction
Business-related expenses
are fully allowed.
Advance Tax
Applicable if total tax
liability exceeds ₹10,000.
Audit Requirement
Audit required only if
turnover exceeds limits.
Tax Rate
Flat tax rate of
30% on total income.
Minimum Tax
Taxable irrespective of
partner’s personal income.
Expense Deduction
Business expenses
are allowed as deductions.
Advance Tax
Advance tax payment
is applicable.
Audit Requirement
Audit generally required
as per applicable rules.
Tax Rate
Corporate tax at 25%
for turnover below ₹400 cr.
Minimum Tax
Taxable regardless of
dividend distribution.
Expense Deduction
Business expenses
are allowed.
Advance Tax
Advance tax payment
is mandatory.
Audit Requirement
Statutory audit is
mandatory every year.
Tax Rate
Individual income tax slabs
ranging from 0% to 30%.
Minimum Tax
No tax payable up to
₹2.5 lakhs of income.
Expense Deduction
Business-related expenses
are fully allowed.
Advance Tax
Applicable if total tax
liability exceeds ₹10,000.
Audit Requirement
Audit required only if
turnover exceeds limits.
Tax Rate
Flat tax rate of
30% on total income.
Minimum Tax
Taxable irrespective of
partner’s personal income.
Expense Deduction
Business expenses
are allowed as deductions.
Advance Tax
Advance tax payment
is applicable.
Audit Requirement
Audit generally required
as per applicable rules.
Tax Rate
Corporate tax at 25%
for turnover below ₹400 cr.
Minimum Tax
Taxable regardless of
dividend distribution.
Expense Deduction
Business expenses
are allowed.
Advance Tax
Advance tax payment
is mandatory.
Audit Requirement
Statutory audit is
mandatory every year.
• Businesses engaged in
import-export activities
• PAN and current bank
account are mandatory
• Registered office address
must be in India
• Aadhaar authentication or
valid DSC is required
• PAN card and business
bank account proof
• Registered office address
and utility bill proof
• Aadhaar Passport or
Voter ID of applicant
• Business registration and
incorporation documents
• DSC and entity-related
legal agreement copies
• Businesses engaged in
import-export activities
• PAN and current bank
account are mandatory
• Registered office address
must be in India
• Aadhaar authentication or
valid DSC is required
• PAN card and business
bank account proof
• Registered office address
and utility bill proof
• Aadhaar Passport or
Voter ID of applicant
• Business registration and
incorporation documents
• DSC and entity-related
legal agreement copies
Registration Process
Registration Process
Post-Registration Compliances
Post-Registration Compliances
Essential for international export
and import business
Avail export schemes and
government trade benefits
Claim IGST refunds under
applicable export provisions
Ensure smooth shipment
processing at customs ports
Required for global online
selling and export business
Build trust with overseas
buyers and trade partners
Essential for international export
and import business
Avail export schemes and
government trade benefits
Claim IGST refunds under
applicable export provisions
Ensure smooth shipment
processing at customs ports
Required for global online
selling and export business
Build trust with overseas
buyers and trade partners
Common Mistakes to Avoid
Common Mistakes
to Avoid
Failure to update IEC
may deactivate registration
Different PAN and bank
details create issues
Uploading incomplete files
may delay approval process
Inactive DSC may cause
application signing failures
Missing official notices may
create compliance issues
Incorrect information may
affect customs verification
Failure to update IEC
may deactivate registration
Different PAN and bank
details create issues
Uploading incomplete files
may delay approval process
Inactive DSC may cause
application signing failures
Missing official notices may
create compliance issues
Incorrect information may
affect customs verification
If you need immediate assistance, please call:
Share a few details with us, and one of our compliance specialists will get in touch shortly.
We’ll guide you through the entire process — from selecting the right business structure to completing registrations and filings — free of charge.
If you need immediate assistance, please call:
Share a few details with us, and one of our compliance specialists will get in touch shortly.
We’ll guide you through the entire process — from selecting the right business structure to completing registrations and filings — free of charge.
Yes IEC is compulsory for customs clearance and foreign trade payments.
IEC is usually issued within one to two working days.
Yes freelancers proprietors and service exporters can apply.
No IEC itself acts as the official import-export registration.
IEC is lifetime valid but annual updates are mandatory.
Yes address bank and business details can be updated online.