How Long Does It Take to Get an Export License in India

How Long Does It Take to Get an Export License in India?

The process of obtaining an export license in India can be complex and time-consuming, depending on various factors such as the type of goods being exported, the specific licensing authority involved, and the completeness of the application submitted. While the initial steps, such as obtaining an Importer-Exporter Code (IEC), can be completed relatively quickly, the total time to secure an export license can range from a week to several weeks.

Import Export Code (IEC) Process

To apply for an export license, the first step is to obtain an Import Export Code (IEC) from the Directorate General of Foreign Trade (DGFT). This code is essential for both exporting and importing goods in India. If all the required documents are in order, obtaining the IEC typically takes about 2-3 working days. Once you have the IEC, you can proceed to apply for the specific export license required for your goods.

After completing the IEC application online, you should receive a digital version of your IEC code via email within 7-10 days. It is advisable to download and print this document for future reference.

Additional Licenses and Document Verification

Depending on the nature of the goods being exported, additional or specific licenses may be required. For example, an Export License for restricted items can take anywhere from one week to several weeks to process. Additionally, the time spent preparing the necessary documentation can significantly affect the overall timeline.

Application Process and Documentation

The total time to secure an export license in India can range from about a week to several weeks, depending on the above factors. However, if all the necessary documentation is in place and you follow the correct procedures, the process can be streamlined.

For those applying for a fresh e-IEC, the required documents include:

A digital photograph 3x3 cm of the signatory applicant A copy of the applicant's PAN card (Permanent Account Number) A bank certificate or a cancelled cheque bearing the applicant entity's name

These documents can be submitted online via the website of the Directorate General of Foreign Trade. It is recommended to take assistance from a Chartered Accountant (CA) to ensure the accuracy and completeness of your application.

Final Thoughts

While the initial process of obtaining an IEC can be completed relatively quickly, the entire export licensing process can take a variable amount of time, depending on various factors. It is crucial to stay informed and seek guidance from relevant authorities to ensure a smooth and timely process.