IMPORT EXPORT CODE (IEC)
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IMPORT EXPORT CODE (IEC)
An import export code is a unique 10-digit code that is required for every import/export business owner in India. The code is issued by the Director-General of Foreign Trade (DGFT), Ministry of Commerce, and needs no filing or renewal.
Any business dealing in import-export of goods/services for trade is required to register for Import Export code irrespective of its size subject to some exemptions.
- Enables to create presence in Global markets
- Availment of Government schemes
- Easy to obtain with minimal cost
