Import and Export Code (IEC) certificates are essential for businesses and individuals engaged in import and export activities in India. While the process of obtaining an IEC certificate is relatively straightforward, it is essential to understand the associated government fees to avoid any surprises. In this article, we will delve into the details of the government fees for IEC certificates.
IEC Certificates Application Fees :
The application fee for an IEC certificate is ₹500. This fee is non-refundable and must be paid online while submitting the application through the DGFT (Directorate General of Foreign Trade) website. The application fee remains the same whether the applicant is an individual or a company.
IEC Certificates Validity Period :
The IEC certificate is valid for a lifetime unless surrendered or canceled. Unlike other certificates that require renewal, the IEC certificate does not have an expiration date, making it a one-time investment for businesses and individuals.
IEC Certificates Modification Fees :
If any changes need to be made to the IEC certificate after it has been issued, such as changes in name, address, or constitution of the firm, a modification fee of ₹200 is applicable. This fee must be paid online through the DGFT website.
IEC Certificates Duplicate Certificate Fees :
In case the original IEC certificate is lost or damaged, a duplicate certificate can be obtained by paying a fee of ₹200. The application for a duplicate certificate must be submitted online, and the fee must be paid through the DGFT website.