{"id":25916,"date":"2026-02-09T13:59:36","date_gmt":"2026-02-09T08:29:36","guid":{"rendered":"https:\/\/blog.razorpay.in\/blog\/?p=25916"},"modified":"2026-03-30T22:35:04","modified_gmt":"2026-03-30T17:05:04","slug":"how-to-get-export-import-license-iec","status":"publish","type":"post","link":"https:\/\/razorpay.com\/blog\/how-to-get-export-import-license-iec\/","title":{"rendered":"How to Get an Export Import License (IEC) in India &#8211; Documents, Cost and Application"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">India\u2019s businesses are more <\/span>global than ever in 2026. From SaaS startups selling subscriptions overseas to freelancers billing foreign clients and manufacturers shipping products abroad, the opportunity to earn in foreign currency has never been wider. But before you tap into international markets, there is one non-negotiable starting point.<\/p>\n<p>An Export Import License, formally called the Importer-Exporter Code (IEC), is a mandatory 10-digit alpha numeric code issued by the Directorate General of Foreign Trade (DGFT<span style=\"font-weight: 400;\">). Without an IEC, you cannot clear customs, ship goods outside India, or legally receive export payments into your bank account. In simple terms, no IEC means no exports.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The good news is that getting an Export Import License is no longer complex. The IEC application process is now fully online, paperless, and can be completed from home. Read on this guide to understand the documents, cost, and steps involved\u2014clearly and practically.<\/span><\/p>\n<div style=\"border-left: 4px solid #0073aa; background: #f0f8ff; padding: 15px; margin: 20px 0; border-radius: 5px;\">\n<h2 style=\"color: #0073aa; font-size: 18px; margin: 0 0 8px 0; display: inline-block;\">Key takeaways<\/h2>\n<ul style=\"display: inline-block; margin: 0 0 0 10px; padding-left: 18px; vertical-align: top;\">\n<li>An <a href=\"https:\/\/razorpay.com\/import-export-code\/\">IEC<\/a> is the first and mandatory compliance step for any Indian business earning or spending foreign currency through trade or services.<\/li>\n<li>The IEC application process is fully online and paperless, and the IEC is usually issued instantly or within a short time once PAN and bank details are successfully validated.<\/li>\n<li>Annual IEC updates between April and June are compulsory, even if there are no changes; missing this can lead to deactivation.<\/li>\n<li>Proper export compliance helps avoid banking delays, payment holds, and disruptions in customs or foreign remittance processing.<\/li>\n<\/ul>\n<\/div>\n<h2><b>What Is an Export Import License?<\/b><\/h2>\n<p>An Export Import License, commonly referred to as IEC, is a unique 10-digit alphanumeric code issued by the <a href=\"https:\/\/razorpay.com\/blog\/what-is-dgft-functions\/\">DGFT<\/a>. It acts as your business\u2019s official identity for cross-border trade.<\/p>\n<p>Although most people call it a \u201clicense\u201d, the IEC is essentially a registration code, not a permission document. Once issued, the IEC is valid for a lifetime. However, DGFT now requires an annual update or confirmation to keep the code active and compliant.<\/p>\n<h3><b>Is It a License or a Code?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">This is where most confusion arises. For regular trading activities, you only need the IEC code. There is no separate approval or licence involved for most businesses. A true \u201cexport licence\u201d applies only when you deal in restricted items, such as defence equipment, nuclear material, or certain chemicals listed under India\u2019s restricted trade schedule. If you export common goods like garments, electronics, handicrafts, or provide IT services, the IEC code alone is sufficient.<\/span><\/p>\n<h3><b>Types of Export Import Licenses<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">DGFT issues different authorisations based on what you trade and why:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>IEC Code (General)<\/b><span style=\"font-weight: 400;\">: For routine import and export of non-restricted goods and services.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Restricted Goods License<\/b><span style=\"font-weight: 400;\">: Required when exporting or importing items that need specific government clearance.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>EPCG License<\/b><span style=\"font-weight: 400;\">: Allows duty-free import of capital machinery under the Export Promotion Capital Goods scheme.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Advance Authorisation<\/b><span style=\"font-weight: 400;\">: Permits duty-free import of raw materials or inputs used to manufacture export goods.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: center;\"><a style=\"background-color: #1a73e8; color: #ffffff; font-weight: 800; padding: 7px 15px; border-radius: 7px; font-size: 16px; text-decoration: none; display: inline-block; white-space: nowrap;\" href=\"https:\/\/razorpay.com\/international-payment-gateway-india\/?utm_source=blog&amp;utm_medium=referral&amp;utm_campaign=internationalpayments\">Explore Razorpay&#8217;s Global Payment Solutions<\/a><\/p>\n<h2><b>Who Needs an Import Export License?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Any Indian business that deals across borders needs an Import Export License, regardless of size or sector. Whether you run a proprietorship, partnership firm, <a href=\"https:\/\/razorpay.com\/rize\/company-registration\/llp\">Limited Liability Partnership<\/a> (LLP), or private limited company, the rule is simple: if your business activity involves foreign trade, an IEC becomes essential.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">You must apply for an <\/span><b>IEC<\/b><span style=\"font-weight: 400;\"> if you do any of the following:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">File and process shipments through Indian Customs for import or export.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Send money abroad through authorised banks for trade-related payments.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Receive foreign currency into your Indian bank account against exports.<\/span><\/li>\n<\/ul>\n<h3><b>Is IEC Mandatory for Service Exporters?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Yes, in most practical cases. If you are a freelancer, software agency, consultant, or SaaS exporter, you need an IEC when you want to claim benefits under India\u2019s Foreign Trade Policy. Banks may also ask for your IEC before crediting foreign remittances and issuing a <a href=\"https:\/\/razorpay.com\/blog\/firc-certificate\/\">Foreign Inward Remittance Certificate<\/a> (FIRC).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While some pure service exports may technically proceed without IEC, relying on this creates avoidable banking friction. Having an IEC ensures smoother collections, cleaner compliance, and fewer follow-ups with your bank.<\/span><\/p>\n<h3><b>Who Is Exempt from IEC?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The following categories are generally exempt:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Personal imports or exports not linked to trade or manufacturing.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Central or State Government ministries and departments.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Registered charitable institutions, in notified cases.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">A common misconception is that GST registration replaces IEC. It does not. <a href=\"https:\/\/razorpay.com\/gst-number-search\/?utm_source=google&amp;utm_medium=PMax&amp;utm_campaign=RPHQL-RPPerf-Google-Pmax-Prospect-AllDevices-Competitor_keyeword-261225&amp;utm_adgroup=&amp;utm_content=&amp;utm_term=&amp;utm_gclid=&amp;utm_campaignID=&amp;utm_adgroupID=&amp;utm_adID=&amp;utm_network=&amp;utm_device=&amp;gad_source=1&amp;gad_campaignid=23400237524&amp;gbraid=0AAAAADdXWPrE5ycV7nQZEMWYFu3x9ozrM&amp;gclid=CjwKCAiAqKbMBhBmEiwAZ3UboEaDEYUKKqd0Yo6XIJyMZfKye8ubrWrtxtgfwti5Dfuh_2zVuwXCcxoCtg4QAvD_BwE\">GST<\/a> and IEC serve different purposes, and your PAN still needs to be registered on the DGFT portal for export compliance.<\/span><\/p>\n<h2><b>Documents Required for IEC Registration<\/b><\/h2>\n<p><b>IEC<\/b><span style=\"font-weight: 400;\"> registration is straightforward if your paperwork is ready. All documents must be scanned clearly and uploaded online in PDF or JPEG format on the DGFT portal. The document list changes slightly based on your business structure, but the purpose stays the same\u2014verify your identity, address, and bank account.<\/span><\/p>\n<h3><b>Document Comparison by Business Type<\/b><\/h3>\n<table>\n<tbody>\n<tr>\n<td><b>Document Category<\/b><\/td>\n<td><b>Proprietorship<\/b><\/td>\n<td><b>Company \/ LLP<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>PAN<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Proprietor\u2019s PAN<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Entity PAN<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Identity Proof<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Proprietor<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Director \/ Designated Partner<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Business Proof<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Individual ownership<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Incorporation \/ Partnership documents<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Address Proof<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Business address<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Registered office<\/span><\/td>\n<\/tr>\n<tr>\n<td><b>Bank Proof<\/b><\/td>\n<td><span style=\"font-weight: 400;\">Individual account<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Entity account<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><b>For Proprietorship Firms<\/b><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Digital photograph of the proprietor.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">PAN card copy of the proprietor.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Identity proof: Aadhaar Card, Voter ID, or Passport.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Business address proof: Sale deed, rent agreement, or utility bill.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Bank proof: Cancelled cheque with pre-printed name or a bank certificate.<\/span><\/li>\n<\/ul>\n<h3><b>For Companies and LLPs<\/b><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">PAN card copy of the company or LLP.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Identity proof of one Managing Director or Designated Partner.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Certificate of Incorporation or Partnership Deed.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Registered office address proof (rent agreement or NOC plus utility bill).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Bank proof: Cancelled cheque with entity name or a bank certificate.<\/span><\/li>\n<\/ul>\n<div style=\"border-left: 4px solid #0073aa; background: #f0f8ff; padding: 15px; margin: 20px 0; border-radius: 5px;\">\n<p style=\"color: #0073aa; font-size: 18px; margin: 0;\"><strong><span style=\"color: #0073aa;\"><span style=\"font-size: 18px;\">Pro Tip: <\/span><\/span><\/strong><span style=\"color: rgba(0,0,0,0.74); font-size: 19px; font-weight: 400;\">Ensure the name and address match exactly across PAN, bank records, and incorporation documents. Even minor mismatches can delay IEC approval.<\/span><\/p>\n<\/div>\n<h2><b>Pre-Requisite: The Digital Signature (DSC) Rule<\/b><\/h2>\n<p>Before you begin the IEC application, you must clear one technical requirement. The DGFT portal accepts applications only after digital authentication, which replaces physical signatures entirely.<\/p>\n<p>In recent years, DGFT has simplified this requirement. The rule now depends on your business structure. While companies and LLPs still need a <a href=\"https:\/\/razorpay.com\/rize\/blogs\/digital-signature-certificate-dsc\">Digital Signature Certificate<\/a> (DSC), individual proprietors can complete the process using Aadhaar-based authentication. This change has significantly reduced cost and effort for small exporters and freelancers.<\/p>\n<h3><b>Do I Need a Class 3 DSC?<\/b><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Yes. Private Limited Companies, Public Companies, Partnerships, and LLPs must have a valid Class 3 DSC.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The DSC works like your online signature and is used to digitally sign the IEC application on the DGFT portal.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The DSC must be issued in the name of the authorised signatory, such as a Director or Partner.<\/span><\/li>\n<\/ul>\n<h3><b>Can Proprietors Use Aadhaar Instead?<\/b><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Yes, as part of India\u2019s ease-of-doing-business reforms, individual proprietors can sign the IEC application using <\/span><b>Aadhaar e-Sign<\/b><span style=\"font-weight: 400;\">, which works through OTP verification.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">To use this facility, your Aadhaar must be linked to an active mobile number, as the OTP is sent there for authentication.<\/span><\/li>\n<\/ul>\n<h2><b>How to Apply for Export Import License Online?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The <\/span><b>IEC application<\/b><span style=\"font-weight: 400;\"> on the Directorate General of Foreign Trade portal follows a few clear steps. The whole process is digital, and once you submit a complete application with correct details, you usually get your IEC almost immediately.<\/span><\/p>\n<h3><b>Step 1: Register on the DGFT Portal<\/b><\/h3>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Visit <\/span><b>dgft.gov.in<\/b><span style=\"font-weight: 400;\"> and click on Login then <\/span><b>Register.<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Select <\/span><b>Importer\/Exporter<\/b><span style=\"font-weight: 400;\"> as the user type.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Enter basic details such as name, email ID, mobile number, and PIN code.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Verify both email and mobile using OTP.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Set your password and activate the account.<\/span><\/li>\n<\/ol>\n<h3><b>Step 2: Start Fresh Application<\/b><\/h3>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Log in to the DGFT<\/b><span style=\"font-weight: 400;\"> portal.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">From the dashboard, click <\/span><b>Apply for IEC.<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Choose <\/span><b>Start Fresh Application<\/b><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The online IEC application form opens for completion.<\/span><\/li>\n<\/ol>\n<h3><b>Step 3: Fill Form ANF 2A and Upload Documents<\/b><\/h3>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Enter <\/span><b>general details<\/b><span style=\"font-weight: 400;\"> such as firm type, name, PAN, and date of incorporation.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Fill <\/span><b>registered address details<\/b><span style=\"font-weight: 400;\"> and upload address proof.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Add <\/span><b>branch details<\/b><span style=\"font-weight: 400;\">, if applicable.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Enter details of <\/span><b>proprietor, partner, or directors.<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Provide <\/span><b>bank account details<\/b><span style=\"font-weight: 400;\"> and upload a cancelled cheque or bank certificate.<\/span><\/li>\n<\/ol>\n<h3><b>Step 4: Pay Fees and Submit<\/b><\/h3>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Review the application summary carefully.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Accept the declaration.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Sign the application using <\/span><b>Aadhaar e-Sign or DSC.<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Pay the IEC application fee of <\/span><b>\u20b9500<\/b><span style=\"font-weight: 400;\"> through the Bharatkosh payment gateway.<\/span><\/li>\n<\/ol>\n<h3><b>Step 5: Download IEC Certificate<\/b><\/h3>\n<ol>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">After successful submission and payment, the IEC is generated.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The certificate is sent to your registered email ID.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You can also download it after login the DGFT Website and using the \u201cPrint Certificate\u201d feature in \u201cManage IEC\u201d.<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400;\">Once issued, the IEC is transmitted electronically to Customs and linked to your PAN for all future import-export transactions.<\/span><\/p>\n<h2><b>Import Export License Fees and Costs<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The cost of <\/span><b>getting an Import Export License<\/b><span style=\"font-weight: 400;\"> is modest and predictable. The government charges are fixed and transparent. Any variation usually comes from optional services, such as hiring a professional (like CA) or purchasing a digital signature. Knowing this upfront helps you budget correctly and avoid surprises.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In some cases, you may face a small bank-related cost. If a cancelled cheque is not available, your bank can issue a bank certificate for a nominal administrative charge, which does not materially increase the overall cost of obtaining an IEC.<\/span><\/p>\n<h3><b>IEC Cost Breakdown<\/b><\/h3>\n<table>\n<tbody>\n<tr>\n<td><b>Cost Component<\/b><\/td>\n<td><b>Amount<\/b><\/td>\n<\/tr>\n<tr>\n<td><b>Government IEC Application Fee<\/b><\/td>\n<td><span style=\"font-weight: 400;\">\u20b9500<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">IEC Modification Fee<\/span><\/td>\n<td><span style=\"font-weight: 400;\">\u20b9200<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">DSC Cost (if applicable)<\/span><\/td>\n<td><span style=\"font-weight: 400;\">\u20b91,500 \u2013 \u20b92,000 (Varies by Vendor)<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Professional Fees\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">\u20b91,000 to \u20b93,000 (Varies by Consultant)<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">Bank charges<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Nominal fee\u00a0<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div style=\"border-left: 4px solid #0073aa; background: #f0f8ff; padding: 15px; margin: 20px 0; border-radius: 5px;\">\n<h2 style=\"color: #0073aa; font-size: 18px; margin: 0;\">Did You Know?<\/h2>\n<p style=\"margin-top: 10px;\"><i><span style=\"font-weight: 400;\">Annual IEC validation is completely free as long as you do not change any details. You only pay a fee when you update or modify your IEC information.<\/span><\/i><\/p>\n<\/div>\n<h2><b>Beyond the License: Getting Ready to Trade<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Getting your IEC only opens the door. It does not, by itself, allow you to ship goods or receive export payments. To actually move products and money across borders, you must complete a few <\/span><b>post-IEC registrations<\/b><span style=\"font-weight: 400;\"> that connect your business with Customs, banks, and payment systems.\u00a0<\/span><\/p>\n<h3><b>Register AD Code with Bank<\/b><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The <a href=\"https:\/\/razorpay.com\/blog\/ad-code-in-india\/\">Authorised Dealer<\/a> (AD) Code is a unique code issued by your bank.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Customs uses this code to link your export shipment with the bank account where export proceeds will be received.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You must register your IEC and AD Code at the specific port (airport\/seaport\/Inland Container Depot) from where you plan to export.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Without AD Code registration, shipping bills cannot be generated on the customs system.<\/span><\/li>\n<\/ul>\n<h3><b>Register on ICEGATE<\/b><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">ICEGATE is the national online portal of Indian Customs.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">You must register your IEC on ICEGATE to file Shipping Bills for exports or Bills of Entry for imports.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It also helps you monitor duty payments, refunds, and compliance actions in one place.<\/span><\/li>\n<\/ul>\n<h3><b>Setting Up International Payments<\/b><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Receiving foreign currency efficiently is as important as shipping goods. You need a reliable payment setup that ensures money reaches India on time and in compliance with RBI rules.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Banks and payment aggregators offer exporter-specific solutions to receive foreign currency and issue <a href=\"https:\/\/razorpay.com\/blog\/firc-certificate\/\">FIRC<\/a>.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Digital collection platforms are often <\/span><b>faster and more transparent<\/b><span style=\"font-weight: 400;\"> than traditional wire transfers.<\/span><\/li>\n<\/ul>\n<h2><b>Mandatory Compliance: The Annual Update Rule<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">This is a non-negotiable compliance requirement that every IEC holder must take seriously.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The Directorate General of Foreign Trade has made annual IEC updates mandatory through a formal notification in February 2021.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Every IEC holder must log in to the DGFT portal and confirm or update their details between <\/span><b>1 April and 30 June<\/b><span style=\"font-weight: 400;\"> each financial year.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">This applies to all businesses\u2014exporters, importers, service providers, freelancers, and companies of every size.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Failure to complete the annual update leads to automatic <\/span><b>deactivation of the IEC<\/b><span style=\"font-weight: 400;\">, which can block shipments and delay foreign payments.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Even if there are no changes to the business information, the details must still be confirmed electronically on the DGFT portal.<\/span><\/li>\n<\/ul>\n<h2><b>How Razorpay Simplifies International Payments for Exporters<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Once your IEC and export compliance are in place, the next challenge is receiving overseas payments smoothly, quickly, and in a compliant manner. This is where<\/span><a href=\"https:\/\/razorpay.com\/accept-international-payments\/\"> <span style=\"font-weight: 400;\">Razorpay<\/span><\/a><span style=\"font-weight: 400;\"> helps simplify the last and most critical step of the export cycle\u2014getting paid. With Razorpay you can:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Accept international payments from 180+ countries and 135+ currencies without opening a foreign bank account.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Receive export proceeds directly into your Indian bank account in line with RBI and <a href=\"https:\/\/razorpay.com\/blog\/foreign-exchange-management-act-fema\/\">FEMA<\/a> guidelines.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Get clear payment visibility through a single dashboard, making reconciliation easier.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Reduce delays caused by correspondent banks and manual follow-ups.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Support multiple payment methods including international bank transfers, cards, Apple Pay, and Google Wallet.<\/span><\/li>\n<\/ul>\n<div style=\"background: #f5faff; border-radius: 14px; padding: 30px; text-align: center; margin: 42px 0; box-shadow: 0 8px 20px rgba(26,115,232,0.08);\">\n<h2 style=\"color: #1a73e8; font-size: 24px; font-weight: bold; margin-bottom: 12px;\"><strong>Get Paid Faster with Razorpay International<\/strong><\/h2>\n<p style=\"color: #444; font-size: 16px; max-width: 720px; margin: 0 auto 18px; line-height: 1.6;\"><strong>Accept 135+ currencies, get INR settlements, and track all exports in one<br \/>\nplace\u2014FEMA-compliant and zero hassle.<\/strong><\/p>\n<p><a style=\"display: inline-block; background: #1a73e8; color: #ffffff; padding: 14px 26px; font-size: 16px; font-weight: bold; border-radius: 10px; text-decoration: none;\" href=\"https:\/\/razorpay.com\/accept-international-payments\/bank-transfers\/?utm_source=blog&amp;amp;utm_medium=referral&amp;amp;utm_campaign=internationalpayments%22%3E%3Cem%3E%3Cstrong%3ERazorpay%E2%80%99s&quot;\">Explore Razorpay\u2019s Global Payment Solutions<\/a><span style=\"font-size: 19px; background-color: #ffffff;\">\u00a0<\/span><\/p>\n<\/div>\n<h2><b>Conclusion<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Getting an <\/span><b>Export Import License<\/b><span style=\"font-weight: 400;\"> in India is no longer a complex or expensive exercise. The entire process is online, paperless, and can be completed from home. With a government fee of just \u20b9500 and lifetime validity, the IEC removes the first barrier to entering global trade.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, real readiness begins after approval\u2014registering your AD Code with the bank and activating your IEC on ICEGATE are essential to avoid shipment blocks and payment delays. Apply early, complete the post-IEC steps on time, and you place your business in a strong position to access international customers, smoother payments, and export-linked government benefits.<\/span><\/p>\n<h2><b>FAQs<\/b><\/h2>\n<h3><b>Q1. Is an IEC mandatory for service exporters like freelancers?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Yes. Service exporters need an IEC to claim benefits under India\u2019s Foreign Trade Policy. Banks also often ask for an IEC before crediting foreign inward remittances and issuing an FIRC.<\/span><\/p>\n<h3><b>Q2. What is the official government fee for an IEC application?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">The government charges \u20b9500 for a new IEC. Changes to existing details usually cost \u20b9200, while the annual validation is free if no updates are required.<\/span><\/p>\n<h3><b>Q3. Do I need a Digital Signature Certificate (DSC) to apply?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Companies and LLPs must apply using a Class 3 DSC in the name of the authorised signatory. Sole proprietors can use Aadhaar e-Sign (OTP-based) and avoid buying a DSC.<\/span><\/p>\n<h3><b>Q4. Is the Import Export Code valid for a lifetime?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Yes. The IEC is valid for the lifetime of the entity. However, you must confirm or update details every year to keep it active.<\/span><\/p>\n<h3><b>Q5. Who is exempt from obtaining an IEC?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Government departments, notified charitable institutions, and individuals importing or exporting goods for personal use (not for trade or manufacture) are exempt.<\/span><\/p>\n<h3><b>Q6. What are the immediate steps after obtaining an IEC?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">You must register your AD Code with your bank and activate your IEC on ICEGATE to file shipping bills and track customs clearance.<\/span><\/p>\n<h3><b>Q7. Is GST registration mandatory for an IEC application?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">No. GST registration is not mandatory. The DGFT application allows applicants to select \u201cI don\u2019t have GSTIN\u201d if they are legally exempt from GST.<\/span><\/p>\n<p><script type=\"application\/ld+json\">\n{\n  \"@context\": \"https:\/\/schema.org\",\n  \"@type\": \"FAQPage\",\n  \"mainEntity\": [\n    {\n      \"@type\": \"Question\",\n      \"name\": \"Is an IEC mandatory for service exporters like freelancers?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"Yes. Service exporters need an IEC to claim benefits under India\u2019s Foreign Trade Policy. Banks also often ask for an IEC before crediting foreign inward remittances and issuing an FIRC.\"\n      }\n    },\n    {\n      \"@type\": \"Question\",\n      \"name\": \"What is the official government fee for an IEC application?\",\n      \"acceptedAnswer\": {\n        \"@type\": \"Answer\",\n        \"text\": \"The government charges \u20b9500 for a new IEC. 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The DGFT application allows applicants to select 'I don\u2019t have GSTIN' if they are legally exempt from GST.\"\n      }\n    }\n  ]\n}\n<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>India\u2019s businesses are more global than ever in 2026. From SaaS startups selling subscriptions overseas to freelancers billing foreign clients and manufacturers shipping products abroad, the opportunity to earn in foreign currency has never been wider. But before you tap into international markets, there is one non-negotiable starting point. An Export Import License, formally called<\/p>\n","protected":false},"author":103,"featured_media":26519,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1067],"tags":[],"class_list":{"0":"post-25916","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-cross-border"},"_links":{"self":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/25916","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/users\/103"}],"replies":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/comments?post=25916"}],"version-history":[{"count":4,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/25916\/revisions"}],"predecessor-version":[{"id":25920,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/25916\/revisions\/25920"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/media\/26519"}],"wp:attachment":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/media?parent=25916"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/categories?post=25916"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/tags?post=25916"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}