RC India

Does any body know how to get Importer Export Code(IEC) for a individual.

I had order some parts from aliexpress but seller is not shipping as he require IEC. Seller is adamant that it can only ship if IEC is provided. It is $140 order and I had not required IEC even for $300+ import but this time i am not sure.

Is this newly put as mandatory? Had anybody got this code and what is the procedure to get this. And moreover can i as individual will be able to get this code?

Hi
I believe you can use the IEC Code for personal import as 0100000053
Source :
http://www.chennaicustoms.gov.in/ediimpo/dummyiec.htm (http://www.chennaicustoms.gov.in/ediimpo/dummyiec.htm)
See Serial No.5
Kumaran

Thanks Kumaran for this information. I am going try to use that IEC, had you used it before ?

Never used. But, this will work.
Individual can apply for IEC. You need a letter from Bank.

I have IEC as i am importing from last 2 years. The job is very easy and faster if you do it via agent.

I tried to do it manually via online application but did not receive any confirmation for 3 months and when i did it via agent i got the iec number in 2 weeks

@satya

is this IEC is any good for faster processing of shipments in customs or helps with wpc approvals???
how to get is what is the cost involved

IEC is like an ID for you. As per law if you regularly import/export then you need to have an IEC number.

All goods that comes in India or goes out of India, the value of these goods would be linked to your IEC

Initially i used to import without IEC but after like a year import, frequency was increased and then fedex started to ask for IEC and they said that if i dont have iec it would create problem down the line.

You will still need WPC ETA approval

when i had tried to create it online it ask about firm/company details. What is assume is even though individual can create IEC but they have to be under some company. Is it correct ?

@Satya: when you created IEC had you give your company details?

I think that you should cancel that order and ask for a refund and then buy from some other website , because getting a IEC would be difficult for you , but you can still try .

This might be helpful
http://www.dgft.org/iec_code.html (http://www.dgft.org/iec_code.html)

Yes, i had made it for my company.

As pointed by kumaran.

I am using IEC 0100000053 :   Persons / Institutions / Hospitals importing or exporting goods for personnel use, not connected with  trade or manufacture or agriculture.

Hopefully it will be ok but I am just keeping my finger crossed. Since its DHL there should not much hustle if something unexpected happened other than some more than expected custom penalty.

If you have not used DHL before, for customs clearance you MAY need to upload some documents. See the link below
http://www.dhlindia-kyc.com/NonDhlLogin.aspx (http://www.dhlindia-kyc.com/NonDhlLogin.aspx)

I had used DHL on multiple occasions in past successfully but never submitted KYC. Is it required because for use of IEC ?

No dont worry, DHL/fedex is hassle free experience.