Import and Export Code (IE) is a registering process required for people who are importing goods or exporting goods and services from India. The Ministry of Commerce and by the DGFT (Director General of Foreign Trade) are the responsible authorities for Import export registration. The validity of this code is for a lifetime and without this code, the importers cannot proceed and the exporters cannot benefit from the exports. The code holder(IEC) does not require any sort of return filings Setting a business for the product is not required for this 10 digit code.
Today's age is all about expansion of the business. Expanding your business beyond the domestic market is the need of the hour as it has limitless possibilities. But it isn't so easy as it seems as before taking the business global one must follow certain rules and regulations. Addition to all of these things one must also get their IEC license which is also one of the required things if you are importing or exporting from India.
In India, IEC is an absolute necessity for anyone wanting to kickstart their business be it import or export.
Online application for IEC requires only two documents
Things included in our IEC package
The following documents are required For IEC Code Registration:
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