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What is the Import Export License Renewal Process?
It is the process of confirming or updating the Import Export Code (IEC) with DGFT each year. This ensures your license remains valid and active for trade operations.
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How often should I renew my import export license?
You must renew or update your IEC once every financial year between April and June. This applies even if no business changes are made.
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Is IEC still valid for a lifetime?
Yes, IEC remains valid for a lifetime but requires annual confirmation. Failure to renew may result in suspension by DGFT.
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What happens if I do not renew my IEC on time?
Your IEC will become inactive or suspended by DGFT, restricting imports and exports. You must then file for reactivation.
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Can I renew my IEC online?
Yes, the renewal process is 100% online through the official DGFT portal. EbizFiling handles the entire process for you.
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What is the fee for import export license renewal?
DGFT charges ₹0 for renewal, but professional service fees may apply. EbizFiling offers renewal services starting at ₹1,499/-.
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What documents are required for IEC renewal?
You need your existing IEC certificate, PAN, Aadhaar, and updated business details. Digital signature or Aadhaar OTP is used for verification.
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Can an IEC be renewed after the due date?
Yes, you can renew even after June, but the IEC remains inactive until revalidated. Timely renewal avoids disruptions in trade.
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Can I make changes during the renewal process?
Yes, you can update address, contact details, or bank information while renewing IEC. DGFT records are automatically updated.
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How long does it take to renew an IEC?
Usually, IEC renewal takes 1–2 working days after document submission. Delays may occur if details mismatch or verification fails.
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Do I need a DSC for renewal?
You can renew using either a DSC or Aadhaar-based OTP verification. EbizFiling assists with both options.
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Can a suspended IEC be reactivated?
Yes, you can reactivate a suspended IEC by completing the renewal and updating records. Our experts can help restore your license quickly.
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Is GST mandatory for IEC renewal?
No, GST is not mandatory, but linking it with IEC helps maintain uniform business data. It is recommended for all active traders.
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Can foreign entities renew their IEC in India?
Yes, foreign companies registered in India with an IEC must also renew it annually. DGFT allows online submission for such entities.
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How can I check if my IEC is active?
You can verify IEC status anytime on the DGFT portal using PAN or IEC number. EbizFiling also provides renewal status updates.
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Can I renew IEC myself without a consultant?
Yes, but errors during submission may cause suspension or delay. Using a consultant ensures accuracy and timely renewal.
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What are the penalties for non-renewal?
There are no direct penalties, but your IEC will be deactivated, halting trade activities. Timely updates help avoid issues with customs or banks.
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Can I update my IEC details anytime?
Yes, DGFT allows you to update your IEC anytime during the year. However, annual confirmation is still mandatory.
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What if my business information has not changed?
Even if unchanged, you must still confirm your IEC annually between April and June. This maintains active status in the DGFT system.
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How does EbizFiling help in IEC renewal?
EbizFiling handles document preparation, online renewal, and DGFT compliance tracking. We ensure your IEC remains valid and compliant year after year.