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IEC code- Exporter of Service - accounting/IT support service

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....EC code- Exporter of Service - accounting/IT support service<br> Query (Issue) Started By: - Shan S Dated:- 3-6-2026 Last Reply Date:- 12-6-2026 Goods and Services Tax - GST<br>Got 3 Replies<br>GST<br>Does IT or accounting outsource support need IEC code registration? Can you let me know what is the importer exporter code used for? Reply By YAGAY andSUN: The Reply: If your business is enga....

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....ged only in IT outsourcing, software services, accounting outsourcing, bookkeeping, payroll processing, or other professional/support services for foreign clients, IEC is generally not required solely for exporting those services. The more important compliance aspects are GST export documentation and proof of receipt of foreign currency through authorized banking channels. However, it is highly....

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.... adviseable to apply for IEC from DGFT or Development Commissioner (as the case may) for availing certain benefits as granted by GOI, EPCs, GST Department. Reply By Raam Srinivasan Swaminathan Kalpathi: The Reply: Dear Querist Primari reason why IEC is required if there is a plan to import goods into or export goods out of India. IEC is also mandated if you are availing or eligible for any....

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.... benefits / incentives under Foreign Trade Policy. If you are seeking/ availing neither IEC is not required. Thanks Reply By Kashish Gupta: The Reply: IEC registration is generally not required for exporting services such as IT outsourcing, accounting outsourcing, bookkeeping, or payroll processing to foreign clients. For such service exports, the primary compliance requirement is proper GST ....

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....export documentation and proof of receipt of foreign currency through authorized banking channels. The IEC code is principally meant for businesses that physically import or export goods across Indian borders. However, it is advisable to obtain an IEC from DGFT if you intend to claim any benefits or incentives under the Foreign Trade Policy, such as SEIS or other export promotion schemes. In short....

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...., if you are purely a service exporter with no goods trade and are not seeking any government export incentives, IEC is not mandatory for your business. It is pertinent to note that a separate application is required to be made for obtaining IEC registration from DGFT; however, upon grant of the registration, the IEC number allotted is the same as the PAN of the applicant.<br> Discussion Forum - K....

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....nowledge Sharing ....