FSSAI Renewal | License Renewal | Food Safety License

IEC Cancellation & Surrender

Close Your IEC Permanently | Surrender Business Trade Code | Proper Exit Process

🔴 Permanent Closure Service

Close Your IEC Account

Permanently surrender your IEC when closing or exiting the import-export business

Properly close your business trade account with DGFT. Complete the cancellation process in 5-7 days with expert legal compliance and proper documentation.

Cancel IEC Now

25K+

IEC Cancellations Done

100%

Successful Closures

5-7 Days

Cancellation Time

Free Service

No Hidden Charges

Why Cancel Your IEC

Properly close your import-export business account with DGFT when you're no longer trading. Avoid compliance issues and penalties by following the correct cancellation procedure.

Why Choose AILSO

Hassle-free IEC cancellation and surrender service with legal compliance and expert guidance for proper business closure.

24/7 Expert Support

Round-the-clock assistance for all your IEC cancellation queries

Fast Processing

Get your IEC cancelled in just 5-7 days with our efficient closure process

100% Success Rate

All cancellation requests are successfully processed with complete documentation

Expert Consultants

Trade professionals handling all your IEC cancellation requirements

Complete Support

Full help with cancellation forms, documents, and DGFT submissions

DGFT Liaison

Direct coordination with DGFT for quick approval and follow-ups

Legal Compliance

Ensure cancellation complies with latest DGFT regulations and requirements

Pan India Service

Serving businesses across India with local expertise and support

Cancellation Reasons & Scenarios

Business Closure

Permanently closing your import-export business operations

Business Discontinuation

No longer engaged in international trade activities

Company Liquidation

Shutting down company and liquidating all trade operations

Individual Retirement

Ceasing business activities due to retirement or personal reasons

Compliance Closure

Closing IEC to comply with regulatory or business requirements

Duplicate IEC Removal

Cancelling duplicate or old IEC codes when consolidating accounts

Business Relocation

Cancelling old IEC when moving business to new jurisdiction

Merger/Acquisition

Closing IEC after business merger or acquisition consolidation

Documents Required for IEC Cancellation

IEC Certificate

Original IEC certificate or e-IEC printout with the 10-digit IEC number to be cancelled

Cancellation Request Letter

Formal application letter stating reason for cancellation and undertaking of business closure

Identity & Authorization Proof

PAN card and Aadhar of proprietor or authorized signatory with power of attorney if applicable

Business Closure Declaration

Statutory declaration or affidavit confirming permanent closure of import-export activities

Pending Liabilities Certificate

Bank/Customs certificate confirming no pending duties, fines, or liabilities against the IEC

Business Closure Proof

Company dissolution certificate, GST cancellation, or business registration closure document

Customs Clearance Certificate

Confirmation from customs that no pending customs matters exist for cancellation approval

Recent Bank Statement

Bank statement of last 3 months showing no recent imports/exports or trade activities

IEC Cancellation Process

1. Verify Cancellation Eligibility

Ensure no pending customs duties, fines, or outstanding liabilities on your IEC account

2. Prepare All Documents

Gather IEC certificate, closure declaration, bank statements, and required supporting proofs

3. Draft Cancellation Letter

Write formal cancellation request with reason for closure and undertaking of no future trading

4. Access DGFT Portal

Log into DGFT online portal using your existing IEC credentials and access cancellation section

5. Upload Cancellation Request

Submit cancellation application and supporting documents through the online portal system

6. Document Verification

DGFT verifies documents and conducts background checks for customs clearance confirmation

7. Receive Approval

Get cancellation approval from DGFT within 5-7 business days if everything is in order

8. Download Cancellation Certificate

Download the IEC cancellation certificate confirming permanent closure of your business code

Frequently Asked Questions

What is IEC cancellation?

IEC cancellation (also called IEC surrender) is the permanent closure or discontinuation of your Import-Export Code with DGFT. Once cancelled, you cannot use that IEC number for any import-export business activities. It's a formal process signifying that you're no longer engaged in international trade.

Can I cancel my IEC if I have pending liabilities?

No, you cannot cancel your IEC if you have pending customs duties, fines, or other liabilities against it. You must first clear all pending dues and obtain a customs clearance certificate before applying for cancellation. This is a mandatory requirement by DGFT.

How long does IEC cancellation take?

IEC cancellation typically takes 5-7 business days after DGFT receives your complete application. The exact timeline depends on document verification and customs clearance checks. Emergency circumstances may allow faster processing, but the standard window is one week.

What documents do I need for cancellation?

Required documents include: original IEC certificate, cancellation request letter, statutory declaration/affidavit, business closure proof (GST cancellation, company dissolution, etc.), customs clearance certificate, bank statement of last 3 months, and identity/authorization proof of the proprietor or authorized signatory.

Can I reactivate my IEC after cancellation?

No, once your IEC is cancelled, it cannot be reactivated. If you want to resume import-export business in the future, you would need to apply for a brand new IEC, which is a fresh registration process. Therefore, ensure you're ready for permanent closure before cancelling.

Is there a fee for IEC cancellation?

No, IEC cancellation is completely free. DGFT does not charge any processing fee or cancellation charges. However, you may incur costs for obtaining required documents like affidavits, bank statements, or customs clearance certificates from third parties.

What if my IEC is under investigation?

If your IEC is under investigation or has customs disputes, you cannot cancel it until those matters are resolved. You should contact DGFT and customs authorities to clarify your status and address any pending issues before proceeding with cancellation.

Can a company cancel IEC without dissolution?

Yes, you can cancel IEC even if your company is not dissolved, as long as you're discontinuing import-export operations. However, if you're closing the entire company, dissolving it through the Registrar of Companies is required. Both processes can happen independently.

What happens to my past trade records after cancellation?

Your historical trade records remain with DGFT and customs authorities for regulatory and audit purposes. Even after cancellation, these records can be accessed if needed for compliance checks or if you're audited for past transactions. The records are maintained for a statutory period of years.

How do I check if my cancellation is approved?

You can check cancellation status by logging into the DGFT portal with your IEC credentials and viewing the application status. DGFT will also send you an email notification once the cancellation is approved. You'll receive a cancellation certificate that confirms the permanent closure of your IEC.

Ready to Close Your IEC?

Permanently surrender your IEC and exit the import-export business with our expert guidance and support

+91-9114401440

Support@ailso.in

WhatsApp Support

Start Cancellation WhatsApp Us