Obtain IEC code

Case Study

Title: Import Rubber Tyres in India

Corridors and Routes: Port of Colombo - Jawaharlal Nehru Port - Mumbai

Trade Product: Rubber tyres

Trade Type: Import

Process Analysis: Import to India

Exporting Country: Sri Lanka

Importing Country: India

Category: One-time pre-clearance regulatory procedures

Country and Procedure Description: Obtain IEC code
(Import to IND from LKA/Rubber Tyres)

Related Rules, Laws and Regulations:

Actors and Participants: -Importer or Representative
-Director General of Foreign Trade

Input Criteria to Enter or Begin the Business Process: -Proforma Invoice and Purchase Order Agreed Upon and Created

Activities and Associated Documentary Requirements: 1. Importer or Representative Apply online for Importer Exporter Code (IEC)

This includes the importer ot representative to submit their PAN Number, Bank Certificate, Memorandum of Association, Extract of Board Resolution, Form 32, and Form 18 to the Director General of Foreign Trade.
If the Director General of Foreign Trade accepts the application, the importer recieves a IEC, if not the importer must correct and resubmit

Output Criteria to Exit the Business Process: Receive Import Permit (IEC)

Activity Diagrams:

Number of Required Documents: 6

Minimum Required Time:

Maximum Required Time:

Average Required Time: 1

Minimum Cost:

Maximum Cost:

Average Cost: USD 21.50