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IEC Registration Fees and Timeline: What It Costs

One of the cheapest business registrations in India.
23 September 2026 by
IEC Registration Fees and Timeline: What It Costs
Gaurav Kumar
Import & ExportFees & Timeline3 min read
The short answer

The government fee for an Import Export Code is Rs 500, paid online on the DGFT portal. There is no renewal fee and the annual update is free. Straightforward applications are often approved the same day or within a few working days; delays usually come from mismatched PAN, bank or address details.

Government feeRs 500
Renewal feeNone
Annual updateFree, April to June
Typical timeSame day to a few working days

What you pay

ItemCost
DGFT application feeRs 500
DSC (optional)Only if not using Aadhaar e-sign
Professional feeIf you use a consultant

Timeline

  1. Portal registration and form filling: under an hour with documents ready
  2. Payment and submission: same day
  3. DGFT processing: often same day to a few working days

What causes delays

  • Bank account name different from PAN name
  • Address proof not matching the declared address
  • Unclear uploads

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Hidden costs to avoid

Missing the April to June annual update deactivates the IEC, which can hold shipments and create demurrage costs. Put it in your compliance calendar.

Frequently asked questions

Do I pay for IEC every year?

No. The Rs 500 fee is one-time. The annual update is free but mandatory.

Is there a fee to modify IEC details?

Modifications are generally free on the DGFT portal. Check the portal for any service-specific charges.

Why do some websites charge much more for IEC?

They add professional fees. The official government fee is only Rs 500.

Can IEC be issued instantly?

Many applications are auto-approved quickly when all details match, but some are reviewed manually and take longer.

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Keep reading

IEC Annual Update and Compliance: What Exporters Must Do
The small yearly step that keeps your shipments moving.