How To Renew IEC Certificate Online? [Renewal Of Importer-Exporter Code]

The Importer Exporter Code is a 10-digit number issued by the DGFT for the import-export of goods from India. It is necessary to obtain while performing all the import-export activities. Once you get this code later you have to update and renew IEC Certificate online every year between April and June. You can simply update or renew the IEC Certificate online by using a few important documents.

Why Should You Renew IEC Certificate?

The DGFT announced that every IEC Code holder must renew the certificate yearly. The certificate must be renewed electronically every year. On 12th February, the 58th notification by DGFT shows the amendment clauses were introduced for the Importer and Exporter Code (IEC).

• IEC holders must renew their licences electronically every year.
• If there are no changes in the code, it still has to update this status online.
• The update & confirmation annually is compulsory for the IEC Holder.
• The code is recognised as e-IEC.
• If the IEC code is not updated in a specific timeframe then the code can be deactivated.
• It can be reactivated upon the successful updation.
• If you fail to do the updation of the IEC code then this will lead to the deactivation of code.

What If You Not Renewing The IEC Code?

If you fail to renew the IEC Code then you may face the following disadvantages:-

• If the license is not updated in a specific time frame then IE License will be deactivated.
• You are not allowed to operate any trade without the renewal of the IEC Code.

List Of Documents Required To Renew IEC Certificate Online

Here is the list of documents that are required for the IEC Code:-

• Importer Exporter Code (IEC) license number
• A scanned copy of the company Pan Card
• A scanned copy of the registered address proof
• All directors, trustees, and partners Pan cards, Aadhar card copies and mobile number
• Copy of GST certificate

How To Renew IEC Code Online?

To renew IEC Certificate code you have to follow the basic steps. Through these mentioned steps you can update the code for the import & export of goods:

1. Register on the DGFT website. If you already registered on it then you have to just log in and go to the apply IEC.
2. Login to the portal by using your credentials. 
3. Click on the Link IEC, Once you click on it a new window will pop up and ask for the Digital Signature Request. For the authentication of IEC, we need a digital signature or Aadhar card.
4. Once you have linked by the authentication, then you can simply update or renew the IEC certificate online. 
5. Choose the modify/update IEC option and fill in all the required information for the renewal.
6. Once you done will all the above-mentioned steps simply review the changes. For the authentication use your digital signature.
7. Once the renewal is done then you can simply download this by selecting the IEC print.

Importance Of Renewal Of Import Export Code

The renewal IEC code is necessary for businesses that are engaged in International Trade. The IEC Code is also known as the Importer-Exporter Code. The code is a 10-digit alphanumeric identification number & it holds immense significance to the business.

• To improve the regulations of the products the renewal of the IEC code is mandatory. The failure to renew the license leads to fines and penalties.
• The renewal of the license is mandatory to show that the code is up to date and does not affect the trading activities.
• An expired Importer-Exporter Certificate may disrupt the activities and result in delays of shipment and financial losses.
• A valid ID of IEC is necessary for the smooth clearance of goods through customs. 
• The code will enhance the credibility and trust of the business with international partners and clients.

Conclusion – Renew IEC Certificate Online

With the help of the above-mentioned steps, you can simply renew your IEC certificate online. This is mandatory to have for the import and export of goods and services. Without this, if you are importing any kind of goods then this will lead to penalties and fines through the customs. So, You can simply renew it with the help of ELT Corporate Pvt Ltd. We will assist you and make your legal metrology process simpler.