IEC Registration – Import Export Code Registration in India
In today's globalized economy, businesses are expanding their reach beyond national boundaries. Whether you're planning to import goods from other countries or export Indian products to international markets, obtaining an Import Export Code (IEC) is a crucial first step. Issued by the Directorate General of Foreign Trade (DGFT) , IEC is a 10-digit identification number that is mandatory for any individual or business dealing in import and export activities in India. What is IEC (Import Export Code)? The Import Export Code is a unique 10-digit code required for anyone starting an import or export business in India. It serves as a license that enables companies or individuals to engage in international trade. Without an IEC, it is not possible to clear customs, send shipments, or receive money from abroad. Who Needs IEC? IEC is required by: Businesses or individuals who import goods into India. Exporters who send goods or services outside India. E-commerce operators dealin...