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Import export code (IEC)

The Ministry of Commerce and Industry's Director General of Foreign Trade (DGFT) is responsible for issuing the 10-digit Import Export Code (IEC) to Indian businesses involved in global trade. The Import Export Code (IEC) is an essential prerequisite for businesses seeking to engage in the importation or exportation of goods or services from the vibrant market of India.

The IEC: A Unique Identification Number Issued to Companies for Lifetime Efficiency The IEC code plays a crucial role in customs authorities' oversight of imports and exports, ensuring seamless cross-border movement of goods.

Discover the Key Characteristics and Benefits of the International Electrotechnical Commission (IEC)

The International Commerce Permit (IEC) is a mandatory requirement for businesses seeking to engage in global trade. It enables businesses to participate in international commerce by facilitating import and export activities from India. Unlocking Global Opportunities: Empowering Businesses to Thrive in International Trade and Expand into Lucrative Global Markets

Streamline the licence and permit application procedure for enhanced efficiency. The IEC is utilised by numerous government agencies for import and export monitoring purposes. Our platform streamlines the acquisition of licences and permits necessary for global trade, making the process more efficient and hassle-free.

Unlock Exclusive Benefits and Concessions: Discover the Array of Government-Provided Perks and Privileges Accessible to Businesses with an IEC Code. Enjoy Duty Drawback, Advance Authorization, and the Export Promotion Capital Goods (EPCG) Scheme.

The IEC code, widely acknowledged by banks and financial institutions, enables enterprises to engage in global transactions and seize opportunities in international markets.

The IEC, a mandatory prerequisite for businesses involved in global trade, is an essential requirement in India. Streamlining the process of acquiring licences and permits, enabling businesses to leverage benefits and concessions, and facilitating seamless international movement of goods.

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