Import-Export Consultancy
Professional advisory for international trade licensing, Import Export Code (IEC) registration on the DGFT portal, annual profile confirmations, and cross-border trade compliance.
What We Cover
Approved statutory and professional services under this practice area.
Service Overview
Engaging in international trade requires obtaining statutory trade identification and maintaining active compliance with the Directorate General of Foreign Trade (DGFT) under the Foreign Trade Policy. A valid Import Export Code (IEC) is mandatory for clearing commercial shipments through customs and executing foreign trade settlements.
Sanjeev Dua & Associates assists commercial exporters, import merchants, and manufacturing units with electronic IEC registration, annual profile confirmations, trade code modifications, and general cross-border trade regulatory advisory.
Who May Require This Service
General commercial circumstances and entity types subject to this framework.
Typical Process & Engagement Approach
How our professional team coordinates and executes assignments.
1. Commercial Activity Review
Reviewing trade objectives, entity structure, and statutory requirements under the Foreign Trade Policy.
2. Digital Documentation Verification
Verifying PAN credentials, banking linkages, authorized signatory declarations, and premises proofs.
3. DGFT Portal Submission
Preparing and submitting the electronic IEC application or update request with digital verification.
4. Issuance & Compliance Guidance
Obtaining the electronic IEC certificate and providing guidance on annual maintenance and banking integration.
Information & Documents Typically Required
Standard records and background materials necessary for assessment and filing.
Professional Approach & Standards
We guide businesses through the digital trade registration process efficiently, ensuring that entity details correspond accurately across tax, banking, and trade portals to prevent customs or foreign remittance delays.
Common Questions
Key answers regarding service scope, regulatory relevance, and procedural steps.
Who is required to obtain an Import Export Code (IEC) in India?
Any business or individual intending to engage in commercial import or export of goods or commercial services into or out of India must obtain an IEC issued by the Directorate General of Foreign Trade (DGFT).
Why is it mandatory to confirm or update an IEC profile annually?
Foreign Trade Policy guidelines require all registered IEC holders to electronically review and confirm their business details annually on the DGFT portal during the prescribed annual window, even if no details have changed, to prevent automatic deactivation.
Can an existing Import Export Code be modified if company particulars change?
Yes, an existing IEC can be updated on the DGFT portal whenever there are changes in business address, directorship, bank account details, or branch offices, ensuring continuity in customs clearance.
Related Practice Areas
Interconnected statutory and corporate advisory disciplines.
Discuss Your Requirements with Our Office
Contact the firm to discuss your specific accounting, taxation, or compliance requirements with our professional team.